Europe Weighs Methane Rule Delay as Energy Supply Risks Mount

The European Union’s so-called methane rule is scheduled to enter into effect in January. The rule is massively unpopular among large energy exporters, and these exporters have a lot more options in terms of buyers than the EU has in terms of suppliers. It would have to either axe the rule or face a further squeeze in oil and gas. Some in Brussels are aware of that, with Energy Commissioner Dan Jorgensen last week telling media that a delay was being considered for the implementation of the methane regulation in order to ensure sufficient…