Unclear regulations and policy over the use of hydrocarbons in Europe are holding back the region’s LNG buyers from signing the long-term contracts needed to underpin new production and importing infrastructure.

Speaking to TradeWinds on the publication of the International Group of Liquefied Natural Gas Importers (GIIGNL)’s 2022 report, GIIGNL general delegate Vincent Demoury said LNG supply had already been struggling to keep pace with demand in 2021.