• About
  • Advertise
  • Privacy Policy
  • Contact
Thursday, January 29, 2026
  • Login
The Vaultz News
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2DNew
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships
No Result
View All Result
The Vaultz News
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2DNew
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships
No Result
View All Result
The Vaultz News
No Result
View All Result

EU Approves Two-Year Extension of Gas Storage Target 

Prince Agyapongby Prince Agyapong
April 11, 2025
Reading Time: 4 mins read
EU Natural Gas Storage Target

EU Natural Gas Storage Target

Representatives of European Union (EU) member states today approved the Council’s official position on extending the existing gas storage regulation, granting a two-year extension to mandatory gas reserve levels ahead of the winter season.  

The extension aims to enhance the EU’s energy security and reduce exposure to volatile gas prices, particularly in light of the continued geopolitical uncertainty stemming from Russia’s war in Ukraine. 

This position, endorsed by the Committee of Permanent Representatives (Coreper), now becomes the negotiating mandate for the rotating EU presidency to begin formal trilogue discussions with the European Parliament on shaping the final legislative text. 

RelatedPosts

Analyst Justifies BoG Gold Reduction

Nigeria’s National Grid Collapses Expose Power System Failure

Global Oil Prices Surge to Four-Month High

“This extension provides the transparency and predictability that markets and member states need.

“It will serve as a crucial buffer against potential future supply shocks.” 

EU Council

The revised regulation requires member states to continue filling their gas storage facilities to at least 90% capacity each year before winter, extending rules initially implemented in 2022 during the height of Europe’s energy crisis. 

EU Agrees to Seek Eased Natural Gas Storage Target
EU Agrees to Seek Eased Natural Gas Storage Target

According to the European Commission, gas storage facilities contribute up to 30% of the Union’s winter gas consumption. Well-stocked reserves are crucial for withstanding periods of high demand and mitigating disruptions from external supply pressures. 

ADVERTISEMENT

The EU Council added, “The past few years have shown us how critical strategic gas storage is for maintaining both economic stability and consumer protection,” noting the tightness in the global gas market and the risk of speculative manipulation in pricing. 

By prolonging the regulation, the EU aims to maintain its defensive energy posture as it works toward building a longer-term framework for energy security. 

The Council’s updated position also introduces important flexibilities to allow member states to adapt to evolving market conditions while preserving the integrity of the internal gas market. 

“If the national gas production of member states exceeds the average annual consumption over the preceding two years or in the event of slow injection rates of storage facilities with a capacity of over 40 TWh, member states may deviate by up to 5% from the filling target.” 

EU Council

The provision ensures that such deviations must not negatively impact the EU’s internal gas market or disrupt the ability of interconnected member states to serve their protected customers, such as households and essential social services. 

EU Legislative Roadmap 

EU Legislative
EU Legislative

Negotiations between the Council and the European Parliament are expected to begin in May 2025, following the Parliament’s vote on its own legislative mandate.  

Once a provisional agreement is reached in trilogue discussions, the final regulation will be formally approved by both institutions and published in the EU’s Official Journal. 

If adopted, the updated rules will enter into force ahead of the 2026 gas storage season, ensuring continuity beyond the 2025 expiration of the existing mandates. 

The initial gas storage regulation was introduced in mid-2022 as an emergency measure to address disruptions in gas supply following Russia’s invasion of Ukraine.  

These obligations helped member states build strong reserves ahead of subsequent winter periods, buffering the bloc against price spikes and supply shortages. 

Despite the short-term gains, the EU continues to emphasize the importance of transitioning toward a more sustainable and renewable energy mix in the long term.  

However, officials say gas will remain a critical part of Europe’s energy portfolio until renewables can fully shoulder seasonal and industrial demands. 

The Council spokesperson added, “Member states must be able to adapt to constantly changing conditions while ensuring security of gas supply.”  

With the 2025 Summer Supply Outlook highlighting the importance of early storage refilling, the EU is poised to continue leveraging its gas storage facilities to stabilize energy prices and reduce dependence on external suppliers. 

READ ALSO: GSE Records Tepid Trading Session with Ghana Oil Company as Sole Gainer 

Tags: EnergyEU CouncilEU Gas Storage RegulationEuropean energy securityGas market stabilitygas storage
Share1Tweet1ShareSendSend
Please login to join discussion
Previous Post

President Mahama Urges Civilian Support in Safeguarding Ghana’s Security

Next Post

US Envoy Witkoff Meets Putin

Related Posts

Analyst Projects Massive Economic Gains in Local Gold Refinery
Extractives/Energy

Analyst Justifies BoG Gold Reduction

January 29, 2026
Nigeria’s National Grid Collapses
Extractives/Energy

Nigeria’s National Grid Collapses Expose Power System Failure

January 29, 2026
Global Oil Prices
Extractives/Energy

Global Oil Prices Surge to Four-Month High

January 29, 2026
Illegal Mining Raids Farming Activities in Ashanti Region
Extractives/Energy

Galamsey Fight Intensified as Gov’t Rolls Out Fresh Initiatives

January 29, 2026
Panpaso Fuel Tanker Accident
Extractives/Energy

COMAC Warns Public After Panpaso Fuel Tanker Accident

January 29, 2026
Atlantic Lithium Granted Approval to List Shares on GSE
Extractives/Energy

Ghana’s First Lithium Nears Final Approval

January 29, 2026
Analyst Projects Massive Economic Gains in Local Gold Refinery
Extractives/Energy

Analyst Justifies BoG Gold Reduction

by Bless Banir YarayeJanuary 29, 2026
Kaja Kallas, European Union’s Foreign policy Chief as Prisoner Exchange Amid Heavy Russian Airstrikes On Ukrainian Cities
Europe

EU Labels IRGC As Terrorist Organization

by Comfort AmpomaaJanuary 29, 2026
Nigeria’s National Grid Collapses
Extractives/Energy

Nigeria’s National Grid Collapses Expose Power System Failure

by Prince AgyapongJanuary 29, 2026
ICE To Focus On Targeted Operations In Minneapolis
USA

ICE To Focus On Targeted Operations In Minneapolis

by Comfort AmpomaaJanuary 29, 2026
Global Star Keri Hilson Calls Stonebwoy “Angel on Earth”
Entertainment

Global Star Keri Hilson Calls Stonebwoy “Angel on Earth”

by M.CJanuary 29, 2026
Ghana’s Corruption Fight Forcefully Alive – Special Prosecutor Declares
General News

Ghana’s Corruption Fight Forcefully Alive – Special Prosecutor Declares

by Evans Junior OwuJanuary 29, 2026
Analyst Projects Massive Economic Gains in Local Gold Refinery
Kaja Kallas, European Union’s Foreign policy Chief as Prisoner Exchange Amid Heavy Russian Airstrikes On Ukrainian Cities
Nigeria’s National Grid Collapses
ICE To Focus On Targeted Operations In Minneapolis
Global Star Keri Hilson Calls Stonebwoy “Angel on Earth”
Ghana’s Corruption Fight Forcefully Alive – Special Prosecutor Declares

Recent News

Analyst Projects Massive Economic Gains in Local Gold Refinery

Analyst Justifies BoG Gold Reduction

January 29, 2026
Kaja Kallas, European Union’s Foreign policy Chief as Prisoner Exchange Amid Heavy Russian Airstrikes On Ukrainian Cities

EU Labels IRGC As Terrorist Organization

January 29, 2026
Nigeria’s National Grid Collapses

Nigeria’s National Grid Collapses Expose Power System Failure

January 29, 2026
ICE To Focus On Targeted Operations In Minneapolis

ICE To Focus On Targeted Operations In Minneapolis

January 29, 2026
Global Star Keri Hilson Calls Stonebwoy “Angel on Earth”

Global Star Keri Hilson Calls Stonebwoy “Angel on Earth”

January 29, 2026
The Vaultz News

Copyright © 2025 The Vaultz News. All rights reserved.

Navigate Site

  • About
  • Advertise
  • Privacy Policy
  • Contact

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2D
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships

Copyright © 2025 The Vaultz News. All rights reserved.

Discover the Details behind the story

Get an in-depth analysis of the news from our top editors

Enter your email address