Despite the substantial improvement in the state of the gas market compared to the period 2022-2023, the European gas market remains tight and the geopolitical situation remains unclear. More intense competition for global LNG supplies can increase Member States’ exposure to price volatility. In those cases, the role of gas storage remains paramount.
Text as published in the Official Journal, reproduced verbatim (including any typographical quirks of the source). For the authentic version, see EUR-Lex.