The European Union has passed a law extending gas storage regulations until 2027, obliging member states to reach 90% annual storage.
Andrea Hariuc
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The new law adopted by the European Union extends gas storage regulations until 2027, obliging member states to maintain 90% of capacity by December 1. Flexibility has been introduced to allow adaptation to market conditions, with a possibility to relax obligations in difficult situations. This measure aims to strengthen EU energy security in the context of geopolitical tensions and the energy crisis, while ensuring a balance between regulation and market principles.
Sources
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