International Gas Union (IGU) President Andrea Stegher delivered a talk at the Florence School of Regulation on trends in global gas markets, uncertainties and their policy implications.
Geopolitical uncertainty, concerns about security of supply, decarbonisation goals and rapidly changing regulatory frameworks are transforming gas markets, he said. Policymakers, regulators and market participants need a fresh perspective on how these markets function and how regulation is reshaping them.
Stegher said the fundamentals of gas had not changed, but countries had been required to rethink their national energy strategies and policies, particularly those related to energy security.
