Study on gas market upgrading and modernisation : regulatory framework for LNG terminal.

Well-functioning and liquid gas markets are a prerequisite for ensuring affordable energy for consumers, competitiveness of industries, and security of supply. They also play a role in achieving the environmental ambitions of the European Green Deal, which foresees the decarbonisation of the gas sector via a forward-looking design for a competitive decarbonised gas market. This study identifies and elaborates exiting barriers and gaps that could be addressed in order to ensure optimal use of existing LNG terminals in the EU. Such analysis is especially relevant due to the significant increase of LNG imports to the EU in the recent years. Additionally, the study provides recommendations aiming at addressing and mitigating identified barriers including both potential legislative and non-legislative measures.