EU Energy Policy

EU gas sector calls for safeguards under no-deal Brexit

Europe’s energy industry is calling on Brexit negotiators to urgently safeguard common interests in gas and power markets before the UK leaves the EU in March 2019 Europe’s energy industry is calling on Brexit negotiators to urgently safeguard common interests in gas and power markets before the UK leaves the EU in March 2019.
By Andreas Walstad 18 October 2018 0 32959
UK Prime Minister Theresa May arrives at the Europa building in Brussels on Thursday for a summit meeting. (PA)

The UK government is playing down the impact of Brexit on the gas and power markets, but European gas companies are concerned a no-deal scenario would pose significant risks in terms of security of supply and business confidence. 

Eurogas – the Brussels-based lobby group that represents European gas companies such as Shell, Total and Eni – said in a letter to the EU’s chief negotiator, Michael Barnier, this week that much is at stake for both the gas and power sectors. 

Eurogas called for...