On 30 December 2022, a new Council Regulation (EU) 2022/2576 entered into force requiring:
- Liquified Natural Gas (LNG) market participants to submit (from 30 December 2022), daily LNG market data to the EU Agency for the Cooperation of Energy Regulators (ACER); and
- ACER to produce and publish a daily LNG price assessment (from 13 January 2023).
Market participants who are subject to the new LNG reporting obligations are required to:
- Register in the Centralised European Register of Energy Market Participants (CEREMP) and identify themselves as an ‘LNG market participant’; and
- Create a user account at TERMINAL.
Detailed information on the registration process of LNG market participants in CEREMP and TERMINAL is available here.
When submitting market data, LNG market participants shall follow the dedicated reporting guidance published on the ACER website (available here).
