Reuters: Statoil Sees Britain, Germany Helping Revive Gas Demand

Stricter emission rules in key European nations are more likely to boost natural gas consumption than stalled EU efforts to reform its carbon market, the head of marketing and trading at Norway's Statoil (STL.OL) told Reuters.

EU carbon prices have plummeted due to an oversupply of quotas, making low-emitting gas less competitive than cheap, higher-emitting coal.

Statoil, Europe's second-biggest gas supplier after Russia's Gazprom (GAZP.MM), believes it is unlikely Brussels will be able to change that at talks this week designed to reform the carbon market and boost prices.

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