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EU Energy Sector Seeks Flexibility on Gas Storage Mandates

European energy industry representatives are pressing the bloc to reconsider its natural gas storage requirements. The lobby groups argue that current targets create market pressures during peak refilling periods. They contend that rigid compliance schedules force operators to compete aggressively for supplies when demand peaks in summer months, driving up costs. The request comes as European markets face mounting energy price pressures. Industry advocates propose implementing more flexible timelines. These would allow operators to build reserves gradually while avoiding demand concentration. The EU has not yet responded formally to the request, though energy policy remains under close scrutiny as the bloc seeks to balance strategic supply security with market stability.