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The revised directive looks likely to be adopted before the European elections in May, having been backed by a majority of MEPs in a committee vote on Monday.
Official figures and Interfax calculations suggest China’s gas supplies fell in February, supporting expectations that the country’s consumption growth will slow this year.
Severe dust pollution plaguing South Korea could encourage the adoption of alternative fuels, including LNG for transport.
The German company’s conventional power plant fleet is facing a challenging regulatory environment, but improved profit margins for gas-fired plants could boost earnings in the future.
The delays leave the country with a potential supply shortfall, meaning it may try to further extend its FSRU contract or look to bridge the shortfall with domestic gas.
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