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EU eases gas storage rules to prevent price spikes

Summary
The European Union's member states have reached an agreement with the EU Parliament to loosen the EU's rules on filling gas storage, following concerns that earlier rules on this risked inflating energy prices. The agreement was announced by the European Commission on Tuesday.

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The EU wants to allow gas storage to be filled later in order to reduce price fluctuations in view of geopolitical instability. What does this mean for the gas price?

·Hamburg, Germany
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Gas storage facilities provide 30 per cent of EU gas consumption in winter months and are critical for energy security.

·Kyiv, Ukraine
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The situation with foot-and-mouth disease in the EU is stabilizing. Rosselkhoznadzor is ready to soften the ban on import of live animals to Russia.

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  • 100% of the sources are Center
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La Croix broke the news in on Tuesday, June 24, 2025.
Sources are mostly out of (0)