The European Commission calls for the early initiation of natural gas storage operations

Golden Ten Data reported on March 24 that on the 23rd local time, the European Commission called on EU member states to start natural gas storage replenishment efforts ahead of schedule and to coordinate preparations for the next heating season to address energy market uncertainty caused by the situation in the Middle East. The European Commission stated that the current situation in the Middle East has intensified volatility in the global energy market. Although the overall EU energy supply remains secure, coordinated action still needs to be taken in a timely manner to ensure successful natural gas replenishment before this winter. EU Energy Commissioner Jørgensen said that the EU is still exposed to global energy market fluctuations and must start storage injections as early as possible to extend the injection period, ease price pressures, and avoid the risks associated with concentrated replenishment at the end of summer.