The European energy regulator published its first daily price assessment for liquefied natural gas in Europe on Thursday, the first such indicator the agency has produced since officially launching the new gas-pricing benchmark last Friday.

The European Union Agency for the Cooperation of Energy Regulators (ACER) had been collecting data from market participants with a view to start publishing a daily price indicator of the physical LNG market, offering European gas market participants a new pricing mechanism that reflects the growing role of seaborne gas imported into the bloc.