The purpose of this seminar is to focus on the current and forthcoming challenges facing the gas sector from both a legal and economic perspective.
The opening session will evaluate the new security of supply package – what’s in it and what it might involve – and assess the impact of the recent decision on intergovernmental agreements, before turning the debate to the markets.
In the second session, the gas regulatory framework will be examined and evaluated alongside the possible market failures of the gas market design, before looking at the future role (if there is one) of long-term gas contracts.
The final session will consider the role of antitrust, discussing the issue of flexibility and the role of the third party access (TPA) exemption regarding the use of the OPAL pipeline, and the possible wider repercussions of this in the ongoing debate surrounding transnational pipelines.
SESSION I: THE SECURITY OF SUPPLY PACKAGE
SESSION II: FUTURE CHALLENGES IN THE EU GAS MARKET
SESSION III: THE ANTITRUST DIMENSION