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07 March 2025

Daily Newsletter

07 March 2025

EU proposes gas storage regulation extension until 2027

Adopted in June 2022 amid the energy crisis, the gas storage regulation secured EU gas supplies.

aranyamondal March 06 2025

The European Commission has proposed to extend the current gas storage regulation until the end of 2027, aiming to secure energy supplies and stabilise the European gas market amidst geopolitical tensions and market volatility.

The extension of the regulation (COM/2025/99) is seen as a crucial step in preparing the EU for upcoming winter seasons in a coordinated manner.

Adopted in June 2022 during the energy crisis, the gas storage regulation has been instrumental in ensuring sufficient gas supplies for EU homes and businesses.

A recent report highlights the effectiveness of gas storage regulation (COM/2025/98) in securing supply and mitigating the risk of disruptions, contributing to the EU's efforts to reduce energy dependence on Russia.

With a 90% filling target established, the EU has consistently exceeded this goal before each heating season.

The EU gas storage facilities, which provide 30% of the winter supply, have enabled companies to purchase and store gas at lower prices during the summer, making energy more affordable for EU citizens.

The new proposal is accompanied by a recommendation by the European Commission for countries to consider market conditions and introduce flexible measures for refilling storage facilities this summer, ensuring optimal purchase conditions and avoiding market distortions.

The proposal will now be reviewed by the European Parliament and Council.

The Commission will assess the EU's energy security framework and consider permanent storage measures while monitoring gas supply with the Gas Coordination Group.

Energy and Housing Commissioner Dan Jørgensen said: “Gas storage has shielded EU citizens from the risk of supply disruptions, and this is why it is crucial that we continue with this tool. However, Member States need sufficient flexibility to fill the storage throughout the summer under the best conditions.

“We are recommending this flexibility today to avoid market distortions in the current situation and reduce the stress in the market.”

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