EU Poised to Extend Gas Storage Targets Into 2026 ...Middle East

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EU Poised to Extend Gas Storage Targets Into 2026
source : OILPRICE ( Middle East ) () 60
The European Union is considering extending the binding natural gas storage targets for EU member states for at least another year after the current goals expire at the end of 2025, EU diplomats told Reuters on Thursday. In the wake of the 2022 Russian invasion of Ukraine and the halt to Russian pipeline gas supply to most EU countries, the European Commission adopted a target for EU natural gas storage levels to be 90% full by November 1 of each year, ahead of the winter. There are also intermediate targets for February 1, May 1, July 1, and September…

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