COMMISSION IMPLEMENTING REGULATION (EU) 2023/2633 of 20 November 2023 setting the filling trajectory with intermediary targets for 2024 for each Member State with underground gas storage facilities on its territory and directly interconnected to its market area

Summary

The European Union faced significant energy security challenges due to potential disruptions of gas supplies from Russia. In response, the European Commission has adopted a regulation setting specific, mandatory gas storage filling targets for Member States for 2024, aiming to ensure sufficient gas reserves for the coming winter. The initiative is currently in progress, with Member States now obligated to meet the set intermediate and final targets for their underground gas storage facilities.

Key Facts

Source Document

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