EU’s 90-percent gas storage target agreed by co-legislators with flexibilities
( June 24, 2025, 20:03 GMT | Official Statement) -- MLex Summary: Gas companies will be required to fill their storage facilities to 90 percent between Oct. 1 and Dec. 1 under a new agreement on the EU gas storage regulation reached by the European Parliament and national leaders. The amended regulation aims to ensure sufficient gas reserves across the EU for the winter season and to reduce exposure to price volatility. The storage obligations will now be extended for two more years, with certain flexibilities introduced to ease market pressure and allow countries to take advantage of more favorable purchasing conditions.Full press release follows:...
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