Platts: European Gas Markets Hurting From Over-Regulation - Petronas

Regulation is hurting investment in European gas assets, killing volatility in trade, and driving players out of the market, the CEO of Petronas Energy Trading Limited, Klaus Reinisch, said at the European Autumn Gas Conference in Geneva Thursday.

"What is wrong and why isn't this free market that we've all worked so hard for, that we've developed in Europe, generating what we need for these long-term investors?" he said. "One thing is -- we're certainly over regulated."

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