EU governments want more gas storage flexibility, document shows
The European Commission should be allowed to further cut the filling goal “in case of persistent unfavourable market conditions,” a new draft compromise shows.
Russian gas cut offs
EU countries consider relaxing 90% gas storage target before winter
Underground gas storages could be filled just 85% under certain conditions, making EU countries more vulnerable to cold snaps or supply disruptions next winter.
EU softens gas consumption curbs in sign energy crisis easing
The European Commission has asked EU countries to keep curbing their gas use but softened the policy to be entirely voluntary, in a sign of optimism that the worst of Europe’s energy crisis is over.
Qatar supplies gas to Europe, vying with US to replace Russia supply
Qatar has agreed to supply Shell in the Netherlands with gas for 27 years, the second such deal with a European buyer in a week, as the Gulf state competes with the US to help Europe replace lost Russian supplies.