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Prolongation of the Gas Storage Regulation and Recommendation to the Member States
The European Union has proposed a two-year extension of the Gas Storage Regulation to ensure energy security and market stability. This regulation has been crucial in providing additional gas supply during high demand or supply disruptions, contributing 25-30% of winter gas consumption in the EU. The extension aims to maintain security against potential supply risks, especially in winter, and will be reviewed in 2026 for more permanent measures. The proposal includes flexibility for Member States to refill storage without market distortions, with a focus on coordinated action to maintain energy security across the Union.