EU Urges Lower Gas Storage Targets

The European Commission has advised EU member states to reduce their natural gas storage targets for the upcoming months.

In a move aimed at stabilising volatile energy markets, EU Energy Commissioner Dan Jørgensen issued a letter requesting that countries aim to fill their reserves to 80%, rather than the standard 90% goal.

This strategic shift is intended to provide immediate “certainty and reassurance” to market participants during a period of heightened economic sensitivity.

The recommendation comes as a direct response to increasing price pressures triggered by the ongoing conflict in the Middle East.

The Commission intends to lessen the urgency of high-volume purchasing, which frequently raises global petrol prices, by reducing the necessary filling threshold early in the season.

EU (News Central TV) — The EU urges lower gas storage targets. Credit: Argaam.com

Officials believe this more flexible approach will help prevent a repeat of past energy spikes while still maintaining a sufficient safety buffer for the continent’s heating and industrial needs.

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Abisoye Adeyiga

Abisoye Adedoyin Adeyiga holds a PhD in Languages and Media Studies and a Master’s in Education (English Language). Trained in digital marketing and investigative journalism, she is passionate about new media’s transformative power. She enjoys reading, traveling, and meaningful conversations.