EU methane rules for fuel imports pushed back to 2...

Summary

• The EU methane rules for oil and gas imports will start a year late under a plan the European Commission unveiled on Wednesday.
• Supply fears drive the delayThe EU methane rules were a world first, yet they have faced mounting resistance since the Iran war shook global energy markets.
• Still, the EU methane rules remain in place, and the Commission insists that the new deadline will hold.

AI Generated Summary

The EU methane rules for oil and gas imports will start a year late under a plan the European Commission unveiled on Wednesday.

Originally, the measures were set to apply from the start of 2027. They would force foreign oil and gas companies selling to the bloc to track and disclose their methane leaks.

After carbon dioxide, methane does more to heat the planet than any other gas. Much of it escapes from leaky pipelines, wells and plants around the world.

How the EU methane rules would change

Under the revised EU methane rules, importers would get until May 31, 2029, to show that fuel brought in during 2028 met monitoring standards equivalent to EU rules. In practice, foreign suppliers would need to hand over that data.