The GMTF presents its findings on EU gas and gas derivative markets

Trading
02/06/2026

 The Gas Market Task Force (GMTF), has published today a report on the functioning of EU gas and gas derivatives markets, summarising the analytical work it has conducted in 2025.

The report also suggests further work in several areas to ensure that European gas and gas derivatives markets continue performing as expected and to the benefit of European competitiveness and consumers.

The GMTF was established in February 2025 under the Action Plan for Affordable Energy to scrutinise the functioning of EU gas and gas derivatives markets, identify potential shortcomings and propose actions to address them. The GMTF gathered the European Commission’s services, the Agency for the Cooperation of Energy Regulators (ACER) and the European Securities and Markets Authority (ESMA).

 

Further information:

Cristina Bonillo

Senior Communications Officer
press@esma.europa.eu

More on the same topic