EU Eyes Flexible Gas Storage Rules to Ease Prices – A Boost for Greece
The European Parliament is poised to support a proposal aimed at injecting greater flexibility into the European Union’s natural gas storage rules, a move designed to curb price volatility and market speculation ahead of the coming winter. The initiative, set to be voted on during the plenary session in Strasbourg from May 5 to 8, stems from a legislative draft already endorsed by the Parliament’s Industry, Research and Energy Committee.
At its core, the proposal seeks to extend and revise the existing EU regulation on gas storage, which was introduced in 2022 in response to
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