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EU suggests pausing penalties on methane violations
The European Commission has recommended that Member States of the European Union refrain from imposing fines on oil and gas companies for failing to comply with methane emissions reporting rules during 2027 to 2029, in order to protect energy supply security amid global tensions and the Middle East conflict. It stated that the recommendation is temporary and not legally binding, aimed at avoiding market disruptions, while maintaining ongoing adherence to methane regulations since January 2027. This step comes after pressure from countries and international partners such as the United States and Qatar to delay the enforcement of sanctions due to volatility in energy markets.
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