ESSEN, Germany (Reuters ... THE emphasised. German gas storage capacity is the highest in Europe but sites are now 49% full, down from 72% at the same time last year, data from Gas Infrastructure ...
The EU plans to relax its gas storage refilling targets for member states, as it tries to reduce market disruption that had ...
Europe’s stockpiles of natural gas have been a closely watched metric since the invasion of Ukraine triggered a dramatic ...
This target is mandated by national and European laws to ensure energy supply security. Currently, Germany holds the highest gas storage capacity in Europe, but its facilities are only 48% full. This ...
(Bloomberg) -- European gas futures tumbled the most since early 2024 after Germany called for exemptions from the European Union’s storage filling targets this year, amid fears that the ...
Member states demand softer summer filling goals, arguing current binding rules drive up prices and burden countries with ...
The European Commission proposed on Wednesday retaining the EU's gas storage requirements and targets for two more years, ...
Currently, Germany holds the highest gas storage capacity in Europe, but its facilities are only 48% full. This represents a considerable decline from the 72% level recorded at the same time last ...
The current EU targets mandate member states to fill gas storage caverns to 90% capacity by 1 November each year.
In the current geopolitical context and volatile situation in the global gas markets, this 2-year extension will contribute ...