OIES Podcast – EU Methane Regulation

Podcasts - Oxford Institute for Energy Studies

In this latest OIES podcast from the Gas and Energy Transition Programmes James Henderson talks to Prof. Jonathan Stern and Maria Olczak about their latest Energy Insight ‘Analysing the EU Methane Regulation: what is changing, for whom and by when’. This regulation introduces new rules for measurement-based Monitoring, Reporting, and Verification (MRV), Leak Detection and Repair (LDAR), and limits on routine venting and flaring across the oil, gas, and coal supply chains. Moreover, the EU is the first jurisdiction to set methane-related requirements for fossil fuel imports, which will be implemented gradually from 2025 to 2030. The podcasts provides the background to the new rules, considers the key components of the regulation and what it means for the EU operators and EU exporters. In addition the authors discuss their views on the impact on new and existing LNG contracts and what the response of exporters to the EU might be.