EU nations weigh flexible gas storage targets to curb prices

European Union nations are considering adjusting the binding gas storage targets to make them more flexible due to concerns over inflated gas prices, with countries like France, Germany, and the Netherlands expressing reservations. The proposed changes include revising the requirement to fill gas storage to 90% of capacity by a range of October 1 to December 1, instead of the fixed deadline of November 1. The EU is also looking into burden-sharing tools to ensure all member countries contribute to the security of gas supply, with increased certification requirements for gas storage system operators to mitigate risks.

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