PODCAST: CEE gas companies fear EU market fragmentation following German neutrality charge

LONDON (ICIS)–Germany’s decision to impose a neutrality charge to help it recover €9bn in spending to secure gas for storage between June-October 2022 may cause further concern to the CEE gas markets in 2024, particularly as it emerges that Italy is considering introducing a similar levy. The German charge, which is adjusted every six months, has already contributed to an ease in eastern gas exports, however with the potential for an Italian charge there are increased fears over potential fragmentation of the EU single gas market.

In this podcast, Germany, Italy and CEE gas market experts Amun Govil Lie, Camilla Vitanza, Irina Breilean and Tatjana Jovanovic tell senior journalist Aura Sabadus about the impact of the German tax on CEE gas imports and the discussions related to the validity of the charge from EU perspective.