European Parliament rubber stamps gas storage agreement

Written by  Ian Cochran
Wednesday, 09 July 2025
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Yesterday, the European Parliament finally signed the deal to loosen the EU's rules on filling gas storage, following concerns that earlier rules risked inflating energy prices.

Parliament approved the deal its negotiators struck with EU countries last week, which will soften the EU's target to fill storage to 90% capacity by 1st November.

The agreement now needs final formal approval from EU countries before it can pass into law - a step which is usually a formality that waves through the pre-agreed deal with no changes.

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