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EU member states urged to lower gas-storage targets due to Iran war
- The European Commission has asked EU member states to lower their natural gas storage targets to 80% capacity, 10 percentage points below the usual goal, to manage demand amid the Iran war crisis.
- Gas prices in Europe surged up to 35% following Iranian and Israeli strikes on key Middle Eastern gas infrastructure, causing long-term repair challenges.
- Energy Commissioner Dan Jorgensen emphasized the EU's energy supply remains relatively protected but called for early and gradual refilling of gas reserves to reassure market participants during the conflict.
- The European Commission advised governments to be flexible in enforcing EU rules on gas imports to stabilize supply during the Iran conflict and balance the phasing out of Russian energy.
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28 Articles
28 Articles
Due to the ongoing Iran war, the EU Commission calls for Member States to make greater use of gas stocks, while stressing that they are better prepared for crises than in 2022.
Green light only to 116 ships from 2 March The EU asks the 27 to reduce the supply of gas
·Italy
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The EU Commission lowers the target for filling gas storage tanks due to the Iran war from 90 to 80 percent.
·Germany
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The Ministers for Energy of the Union have been instructed not to rush back into reserves and to exercise flexibility.
·Turin, Italy
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The war in the Middle East is burdening the energy markets. The EU Commission is now reacting with an unusual step in terms of gas storage requirements.
Al ArabiyaReposted by 
The Hindu Business Line
The Hindu Business LineEU member states urged to lower gas-storage targets due to Iran war
·Saudi Arabia
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Total News Sources28
Leaning Left6Leaning Right5Center4Last UpdatedBias Distribution40% Left
Bias Distribution
- 40% of the sources lean Left
40% Left
L 40%
C 27%
R 33%
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