Earlier this year, ONE-Dyas became the first natural gas production project in the North Sea to be independently certified under MiQ’s methane emission standard. Following a third-party audit, the N05-A development was certified to have minimal emissions. Natural gas customers in The Netherlands and Germany can now source this ONE-Dyas gas knowing that it has received MiQ’s highest grade. This panel will include representatives from ONE-Dyas and MiQ. They will explain the ONE-Dyas certification journey and highlight what this means for European gas production and consumption. 

• • The current EU methane policy landscape and recent regulatory developments
• • Key findings and implications from the upcoming Wood Mackenzie’s ‘EU Methane Emissions Regulation Study’
• • Alignment between EU policy ambition and operational realities for industry

As the EU Methane Regulation moves into implementation, regulatory authorities face a delicate balancing act in the midstream gas sector. When approving tariffs for regulated gas entities, they are required to take into account the costs and investments incurred to comply with the Regulation—but only insofar as those costs are transparent and reflect those of an efficient and structurally comparable regulated operator. Determining what this means in practice is emerging as a key regulatory challenge.