EU Parliament agrees to loosen gas storage rules

Published 08/07/2025, 11:54
© Reuters.

Investing.com -- The European Parliament voted Tuesday to approve a deal that will relax the European Union’s gas storage requirements, addressing concerns that the previous rules could lead to higher energy prices.

The approved agreement will ease the EU’s target of filling gas storage facilities to 90% capacity by November 1. This decision follows negotiations between Parliament representatives and EU countries that concluded last week.

Before becoming law, the deal still requires formal approval from EU member states. This final step is typically a formality that confirms the pre-agreed terms without modifications.

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