U.S. LNG Exporters Seek Delay in EU Methane Rules Until 2028

U.S. natural gas exporters have requested that the European Union delay enforcement of its methane emissions rules until at least 2028. The companies argue that the regulations are creating uncertainty that is preventing the signing of long-term gas supply contracts.

Charlie Riedl, senior vice president of the Natural Gas Supply Association, said Tuesday that some U.S. companies have instructed their commercial teams not to sign long-term contracts with European buyers until there is more clarity on the rules.

The United States became Europe's largest LNG supplier after Russia's invasion of Ukraine disrupted pipeline flows in 2022. Europe has since relied heavily on U.S. gas to fill the resulting supply gap. Current disruptions in global LNG markets have increased Europe's need for reliable gas suppliers.

U.S. exporters say the timing of the methane rules adds further complications to securing new long-term agreements. The Natural Gas Supply Association represents companies involved in U.S. natural gas production and export.