Why is the Commission proposing to extend the Gas Storage Regulation?

The Gas Storage Regulation has contributed to the EUs energy security and market stability over the years. It provides additional supply during high demand or disruptions and covers 25-30% of winter gas consumption in the EU. It reduces the need for extra imports and absorbs supply shocks.

Given the geopolitical context and tight global gas markets, the Commission proposes a two-year extension to keep Europe prepared for potential risks, especially in winter. Storage targets and trajectories ensure predictability and send important signals to the market.

The proposal aims to extend current legislation until the end of 2027, with a broader EU energy security framework review planned for 2026, assessing the need for more permanent storage measures.

How is the Commission ensuring that gas storage obligations do not create system stress or market distortions?

Flexibility for Member States to refill storage, especially in summer, is key to prevent market distortions. The Commission recommends exploring flexibility options for the 2025 filling season.

The current regulation provides flexibility and safeguards, such as a 5% point deviation from interim targets and the possibility to meet the 90% target by December 1 instead of November 1. Member States with large underground storage have lower obligations, and LNG storage can count towards the November 1 target.

The Commission advises ensuring that national measures do not distort the internal market or negatively impact others energy security and to consult the Gas Coordination Group.

Coordinated action is essential to maintain market integrity and equitable energy security across the Union.

What happens if Member States are not on track or miss their targets?

If a target is missed, the Commission assesses the impact on EU energy security. In case of substantial deviations affecting target achievement, recommendations are issued after consulting the Gas Coordination Group and concerned Member States.

What are the next steps for the entry into force of the rules?

The proposed extension follows the ordinary legislative procedure. The European Parliament and the Council will analyze the proposal, adopt positions, and engage in interinstitutional negotiations, followed by final votes in Parliament and Council.