EU considers revising 2025 gas storage targets

EU states are negotiating adjustments to gas storage targets for 2026–2027, including potential revisions to the current 90% fill-rate mandate by November 1. According to Reuters, governments seek European Commission’s approval to meet the requirement anytime between October 1 and December 1.

As the agency reports, these regulations were first implemented in 2022 following Russia's reduction of gas exports to the EU, ensuring adequate winter gas reserves for the region.

The revised requirements could take effect as early as November, pending final approval and publication before that date.

The EU maintains storage targets for February, May, July, and September. Reuters reports these may become voluntary post-revision in future years.

Storage requirements are pushing gas prices higher. With European buyers obligated to meet specific procurement deadlines, these rules create potential opportunities for price manipulation. In response, EU member states plan to relax the regulations.