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EU signals delay to methane rules amid ongoing gas crunch
The European Commission is weighing a delay as Europe continues to struggle with gas shortages linked to the wars in Ukraine and the Middle East, OilPrice said.
European Commission officials have signaled they would delay the start of a controversial methane regulation, as Europe faces a persistent gas crunch, according to OilPrice.
The outlet cited the ongoing wars in Ukraine and the Middle East as key drivers of the energy stress pressuring the timing of the rule.
OilPrice notes the delay may not fully counteract the crunch because the regulation is still not in effect and Europeans are already dealing with shortages.