A European Commission (EC) proposal  to include natural gas and nuclear power in the “green taxonomy” would yield benefits from environmental and energy security perspectives, according to the head of global liquefied natural gas (LNG) shipper GasLog Partners LP.

“This would accomplish the goal of reducing emissions from the generation of electricity while also securing steady and competitive supply of energy,” CEO Paolo Enoizi told analysts during the fourth quarter and full-year 2021 earnings call.

Piraeus, Greece-based GasLog ranks among the world’s largest independent LNG vessel owners.

Though controversial, the EC proposal could draw billions of euros for natural gas and nuclear projects in Europe.

“LNG is the most versatile source of gas given its...