• Linkdin

Gas storage facilities now considered critical infrastructure in EU

28 Jun '22
2 min read
Pic: Shutterstock
Pic: Shutterstock

Gas storage facilities will now be considered critical infrastructure by the Member States of the European Union (EU), as per a new legislation adopted by the EU. All storage operators in the EU will now have to go through a new certification process to reduce the risks of outside interference. The legislation strengthens EU’s security of gas supply in view of the upcoming and next winters.

The EU Gas Storage Regulation requires that Europe’s gas reserves are refilled before the winter, and their management protected from outside interference. In particular, the new rules will require the EU Member States to fill storage facilities to 80 per cent of capacity by November this year – and to 90 per cent in the years after.

Welcoming the adoption at the Energy Council in Luxembourg, Commissioner for Energy, Kadri Simson, said, “This is an important statement of EU unity, determination and speed of action in the face of the Kremlin’s moves to weaponise their gas exports. It is now crucial that we press on with meeting the new storage targets and step up our preparedness in case the situation further deteriorates.”

Under the new storage legislation, the 18 Member States with underground gas storage facilities are required to fill 80 per cent of their storage capacity by November 1, 2022 – and are encouraged to aim for 85 per cent.

“Member States without storage infrastructure are required to agree bilateral arrangements for sufficient quantities to be stored for their use in neighbouring countries, in a spirit of solidarity,” European Commission said in a statement.

The new Gas Storage Regulation will enter into force on the day after its publication in the EU Official Journal. 

Fibre2Fashion News Desk (RKS)

Leave your Comments

Esteemed Clients

TÜYAP IHTISAS FUARLARI A.S.
Tradewind International Servicing
Thermore (Far East) Ltd.
The LYCRA Company Singapore  Pte. Ltd
Thai Trade Center
Thai Acrylic Fibre Company Limited
TEXVALLEY MARKET LIMITED
TESTEX AG, Swiss Textile Testing Institute
Telangana State Industrial Infrastructure Corporation Limited (TSllC Ltd)
Taiwan Textile Federation (TTF)
SUZHOU TUE HI-TECH NONWOVEN MACHINERY CO.,LTD
Stahl Holdings B.V.,
Advanced Search