States block higher gas storage obligati • Table.Briefings

Only two months after the first Commission proposal, the European institutions have agreed on a new gas storage regulation. Through the Council, however, the member states pushed through several exceptions.

After a marathon 16-hour negotiating session Monday night, things moved quickly Thursday. „We have it. Energy for our citizens and businesses is secured,“ Jerzy Buzek (EPP), the Parliament’s chief negotiator, was able to announce after a short trialogue in the morning. The new, EU-wide gas storage obligations are intended to ensure supply even if gas stops flowing from Russia. The operators of the facilities are also to prove their reliability through certification – a measure primarily aimed at Gazprom.

States block higher gas storage obligations

Sign up now and continue reading immediately