EU Eyes Flexibility on Methane Rules to Avert Gas Supply Risk

The European Union will soon offer flexibility to companies on both penalties and tracing energy imports to help ensure that its landmark law to tackle methane emissions in fossil fuel imports doesn’t put its supply at risk.

The European Commission, the bloc’s executive branch, will issue documents to guarantee that fines for companies that are unable to comply with the rules on the powerful greenhouse gas do not “constitute a problem for security and supply and that penalties have to be proportionate,” according to Ditte Juul Jorgensen, director general for energy.