2. Fiscal

In order to maintain the current level of security of natural gas supply, it is important to ensure that there are no unnecessary costs or taxes on natural gas. Fiscal terms play an important role in investment decisions as taxation of natural gas has a major impact on the viability of projects.

Natural gas has advantages over other fossil fuels, for example CO2 and other emissions from the use of natural gas are much lower than for other carbon-based fuels. This advantage should not be jeopardised by an unsuitable fiscal or climate change policy.

Government take and potential tariff regulations should make sure that a rate of return can be achieved that enables all investments which are required in future to be made. This rate of return has to be adequate for existing as well as for new investments.