European Commission Exploring LNG Index as Alternative to TTF

Europe has created the problem it is in because politicians had their fingers in the market and unreformed energy firms knew how to squeeze the lemon they found. How is this new LNG index supposed to work? A  buying platform? Who cuts deals there? What country gets what? Who picks up the tab if deals backfire? Oh, I know who will pick up the tab. Tax and ratepayers will be asked to shell out once more. The common energy market seems to be on the ropes. Countries need to each take things into their own hands. It’s time for the EU to step back and let countries sort that out or they will have to deal with more EXITS soon. 

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