Re-Powering the EU by protecting well-functioning markets, enhancing strategic partnerships and boosting domestic production
(Brussels, 9 March 2022) IOGP supports the European Union’s objective to ensure access to affordable, secure and sustainable energy. We recognize current challenges and circumstances in global energy markets, and call for well-designed measures to address them.
IOGP agrees with the Commission that security of supply is a matter of strategic interest. Europe (EU27+UK+Norway) produces around 40% of the natural gas it consumes, and this directly contributes to Europe’s Strategic Autonomy. The increasing share of renewables also contributes to lower reliance on imports, and IOGP welcomes today’s proposed measures to help accelerate their deployment which willrely on gas to stabilize power supplies.
“IOGP fully supports REPowerEU’s objective to boost gas supply diversification, energy savings and a renewable energy and hydrogen deployment. We call on EU Member States to further strengthen EU resilience by optimizing the production of Europe’s oil and gas resources. The European oil & gas industry is subject to world-class environmental and GHG emission reduction legislation and proudly supports the EU on its pathway to climate neutrality” says François-Régis Mouton, IOGP Regional Director Europe.
IOGP welcomes the Commission’s attempt to address the need for better preparedness ahead of next winter, and believes it is essential to avoid undue interference that could undermine the functioning of the internal EU energy market in the long term and lead to unintended consequences. We expect that authorities and the private sector will act responsibly and in accordance with respective roles and responsibilities defined by the rules of our common market.
We believe that the secure supply of energy to consumers is best achieved through stable, well-regulated, interconnected and liquid energy markets with free and transparent price formation for competing energy sources from a diversity of domestic and global suppliers. In exceptional periods of supply scarcity or market volatility, these may be accompanied by measures such as demand-side response or targeted support to protect vulnerable consumers. The Internal Energy Market has consistently delivered this outcome for Europe over the past number of decades, and its vision must continue to guide future market design efforts.
As the legislative work on the Hydrogen and Decarbonized Gas Market Package progresses, it will be of particular importance to ensure investors’ ability to enter into risk-sharing arrangements such as long-term contracts. These are necessary to underpin investments in transformative solutions and secure the energy supplies Europe needs.
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- Press Releases
- Events

IOGP Europe Response to the Consultation on the Review of the Taxonomy Climate Delegated Act

The Joint Statement on the Low-Carbon Fuels certification draft Delegated Act

IOGP response to the public consultation on the draft Methodology to determine the greenhouse gas (GHG) emission savings of low-carbon fuels

Joint EGEC-IOGP Europe recommendations: Accelerating the deployment of Geothermal in Europe

IOGP Europe key principles on a future regulatory framework for CO2 transport infrastructure

Joint Statement – Harnessing the IPCEI mechanism for CCS in Europe

Rebalancing Europe’s Gas Supply Second Edition

IOGP consultation response: Rationalisation of reporting requirements

Creating a sustainable business case for CCS value chains

Map of CO2 storage Projects in Europe

IOGP Europe position on the EU Industrial Carbon Management

IOGP position paper on the European Commission’s public consultation on the EU climate target for 2040

IOGP Europe feedback on Net Zero Industry Act proposal

Joint industry statement on the EU Taxonomy

IOGP response on Competitive Bidding schemes for hydrogen under the Innovation Fund

IOGP views on the proposed Regulation amending Regulation (EU) 2021/241 as regards REPowerEU chapters in Recovery and Resilience Plans

IOGP response to the consultation on certification of carbon removals – EU rules

IOGP comments to R. W. Howarth and M. Z. Jacobson (2021): How Green is Blue Hydrogen?

Re-Stream – Study on the reuse of oil and gas infrastructure for hydrogen and CCS in Europe

IOGP response to the public consultation on the Energy Taxation Directive (ETD) proposal

IOGP response to the public consultation on the Renewable Energy Directive (RED) proposal

IOGP feedback to the European Commission’s Roadmap on restoring sustainable carbon cycles

IOGP response to the public consultation on the Carbon Border Adjustment Mechanism (CBAM) proposal

IOGP position on the revision of the EU Emissions Trading System (EU ETS) Directive

IOGP response to the public consultation on the Energy Efficiency Directive (EED) proposal

IOGP response to the public consultation on the FuelEU Maritime proposal

IOGP response to public consultation on the revised Climate, Energy and Environmental Aid Guidelines (CEEAG)

IOGP Paper on metric to use for 2030 targets

IOGP response to the roadmap on the modification of the General Block Exemption Regulation (GBER)

Public consultation on the EU Action Plan “Towards a Zero Pollution Ambition for air, water and soil”

IOGP response to consultation on the revision of the Guidelines on State aid for environmental protection and energy (EEAG)

IOGP response to the Inception Impact Assessment on the revision of the Guidelines on State aid for environmental protection and energy (EEAG) 2014-2020

IOGP views on competition policy supporting the European Green Deal

IOGP statement on the European Commission’s 2030 Climate Target Plan

What’s Right? What’s Wrong? IOGP comments on the ‘EU Strategy for Energy System Integration’ and ‘A hydrogen strategy for a climate neutral Europe’

IOGP written input to the public consultation on the Carbon Border Adjustment Mechanism (CBAM)

IOGP views on State aid for environmental protection and energy (EEAG)

IOGP written input to the consultation “2030 Climate Target Plan”

IOGP response to the inception impact assessment concerning the revision of the 2018 Renewable Energy Directive (REDII)

IOGP feedback on the update of EU ETS monitoring and reporting rules (2021-30)

IOGP response to supplementary questions on the EIB Group’s Climate Bank Roadmap 2021-2025

IOGP response to consultation on the renewed Sustainable Finance strategy

Funding CCS in Europe: key investments for the recovery

IOGP response to the public consultation on the revision of Regulation (EU) 347/2013 on guidelines for TEN-E Regulation

IOGP response to targeted consultation on the revision of Regulation (EU) 347/2013 on guidelines for TEN-E Regulation

IOGP input to the Roadmap on the EU strategy on hydrogen in Europe

IOGP feedback to the Combined Evaluation Roadmap/Inception Impact Assessment on the revision of Regulation (EU) 347/2013 on guidelines for TEN-E

IOGP feedback to the roadmap for a Renovation Wave initiative for public and private buildings

IOGP input to the forthcoming EU Strategy for Energy System Integration

IOGP response to the EIB Group’s Climate Bank Roadmap 2021-2025

Input to the inception impact assessment on the FuelEU Maritime

IOGP feedback to the proposed European Climate Law

Feedback to the impact inception assessment “2030 Climate Target Plan”

New and old CCS projects in Europe: What’s different this time?

IOGP assessment of National Energy and Climate Plans

Methane Management in the Upstream Oil and Gas Industry: Policy recommendations in the context of the EU Methane Strategy

Scaling up Hydrogen in Europe

IOGP assessment of draft National Energy and Climate Plans

The potential for CCS and CCU in Europe Report to the thirty second meeting of the European Gas Regulatory Forum 5-6 June 2019

LNG – a fast lane to make Europe a leader in clean shipping

OGP contribution to the CCS Directive evaluation

Draghi Report: a pragmatic pathway to Competitiveness, Sustainability, and Resilience

Press release: Recognition of CCS on path to 2050 marks a step change, but approach to low-carbon solutions remains too narrow.

Net-Zero Industry Act marks a step change in industrial and climate policy – EU paves way for carbon capture and storage scale-up

Balance, strength and fairness: building blocks for a stronger Union

REPowerEU Plan: domestic gas production deserves stronger role alongside imports and renewables in enhancing EU energy resilience

Inclusion of gas in the Taxonomy Regulation supports EU ambition to reach climate neutrality by 2050

Gas market reform marks a step change in EU approach to the transition

New Re-Stream study assesses the feasibility of transport of hydrogen and CO2 in European gas and oil infrastructure

More inclusion needed to be fit for 55

Council’s inclusive approach to hydrogen sends strong signal ahead of key legislative year

EU Methane Strategy sets the right sequence to tackle the challenge

Guidelines for Methane Emissions target setting

IOGP supports the EU’s objective of climate neutrality by 2050

SPE Europe Energy Conference

Rebalancing Europe’s natural gas supplies – Learnings, future needs, and policy implications

Scaling up the energy transition whilst securing a stable suppy
