Mar 21 • 17:11 UTC 🇪🇸 Spain El País

Brussels asks states to reduce their gas storage filling targets

The European Commission is urging member states to lower their gas storage targets and adopt a more gradual approach to refilling in response to rising energy prices following the conflict in Iran.

The European Commission has formally asked member states to reconsider their gas storage filling targets, suggesting a more measured approach to replenishing reserves. This request comes in light of the significant impact of the war in Iran on critical gas suppliers, which has led to escalating energy prices across Europe. The urgency expressed by the EU highlights the need for member states to adapt to the changing energy landscape, emphasizing a strategy that prioritizes reducing demand over immediate filling of gas reserves.

EU Energy Commissioner Dan Jørgensen's communication, as reported by the Financial Times, calls for flexibility from national ministers regarding gas consumption in homes and industries. The letter indicates that member states should avoid hastily replenishing their gas stocks and instead focus on measures that lower energy usage during a time of supply strain. The approach suggests a collective acknowledgment of the precarious energy supply situation that many EU countries are facing as winter approaches.

This shift in strategy not only aims to stabilize gas prices but is also a response to the broader geopolitical tensions affecting energy supply chains. The ability to manage consumption effectively in the face of external shocks, such as the conflict in Iran, will be crucial for the EU's energy security. The Commission's request underscores the importance of coordinated action among member states to mitigate energy risks and ensure a sustainable approach to energy management during uncertain times.

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