Proposal for a REGULATION OF THE EUROPEAN PARLIAMENT AND OF THE COUNCIL Amending Regulation (EU)2017/1938 as regards the role of gas storage for securing gas supplies ahead of the winter season

Summary

The European Union faces ongoing energy security challenges due to its reliance on external gas supplies, a situation exacerbated by the 2022 energy crisis. To address this, the European Commission proposes extending existing gas storage regulations, which include a mandatory target for gas storage facilities to be 90% full by November 1st, for an additional two years beyond 2025. This proposal, currently in the planning stage, aims to ensure continued energy security and market stability across the EU while a more permanent energy security framework is developed.

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Source Document

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