BRUSSELS, March 18 (Reuters) - The European Commission instructed governments on Wednesday to be flexible in enforcing EU rules on gas imports, in a move designed to ensure the law enforcing its
EU Eases Gas Import Regulations to Safeguard Energy During Iran Crisis
European Commission Implements Flexible Gas Import Rules Amid Iran Crisis
Background and Context
BRUSSELS, March 18 (Reuters) - The European Commission instructed governments on Wednesday to be flexible in enforcing EU rules on gas imports, in a move designed to ensure the law enforcing its Russia phase-out does not inadvertently hold up deliveries needed to stabilise supplies during the Iran crisis.
Key Provisions of the New Guidance
Expedited Approval Process
EU customs authorities should approve non-Russian gas imports within 12-24 hours of a company requesting authorisation, during the ongoing disruption to global gas markets caused by the closure of the Strait of Hormuz, the Commission guidance said.
Simplified Documentation and Exemptions
Single Document for Multiple Cargoes
The simpler rules would allow companies to use one single document to authorise multiple cargoes under the same gas supply contract, and would exempt companies from needing a new authorisation if their liquefied natural gas cargoes are rerouted because of the closure of the Strait of Hormuz.
Scope and Limitations
The rules would apply to non-Russian gas imports, and would not amend the bloc's phase-out of Russian gas. The planned changes were previously reported by Reuters.
Reporting and Editorial Information
(Reporting by Kate Abnett; editing by Sudip Kar-Gupta)
