European Parliament calls for more gas storage flexibility in approved draft law

European Parliament calls for more gas storage flexibility in approved draft law

The European Parliament on May 8 adopted a draft law designed to introduce more flexibility into the EU's gas storage rules, including a 75% floor for

Europe’s Gas Traders Are ‘Less Tense’ About Refilling Storage Tanks

Mild weather, lower targets and a flip in the summer-winter spread make stockpiling more economical.

Europe may need competitive pricing to refill gas storage

Europe may need to maintain competitive pricing to secure the additional 30 billion cubic metres (bcm) of liquefied natural gas (LNG) required to replenish its gas storage levels.

The EU Parliament has agreed to extend the EU gas storage plan by 2022 until 31 December 2027.

Gas: Towards a new obligation to fill European stocks Knowledge of... 13 May 2025 - 10:29 On 8 May last in Strasbourg, the European Parliament voted a text "to respond to speculation on the gas market and to lower prices, by introducing more flexibility in the rules on filling". Euro MPs must now conduct negotiations with the Polish Presidency of the Council, with a first round of talks starting on 13 May.