EU urges member states to
Photo: Virginia Mayo /AP/TT

EU urges member states to store less gas in the shadow of war

Gas prices have risen as a result of the war in Iran. Now the European Commission is urging member states to reduce their gas stockpiles to avoid driving prices up further.

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Instead of filling their stocks to 90 percent, as is customary, they can aim for 80 percent, writes the Commission's energy officer Dan Jørgensen in a letter to the Union's member states.

He also appeals to member states to start replenishing stocks now to avoid excessive competition as the summer draws to a close, which risks driving up prices further.

Member States have until 1 December to meet their storage targets.

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AuthorTT News AgencyEnglish edition by Sweden Herald, adapted for our readers
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