The Council of the European Union passed an amendment to extend the natural gas storage policy by two years.

GoldenOctober2024

2025-07-18 08:13:59

Jin10 data reported on July 18th, local time on the 18th, the European Council voted to approve the revised proposal for the natural gas storage regulations. According to the proposal, the current requirement for EU member states to maintain sufficient natural gas reserves before the arrival of winter will be extended for another two years. The EU's move aims to drop the risk of gas price fluctuations caused by the Russia-Ukraine conflict, while striving to find a balance between ensuring energy security and restoring market mechanisms.

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