Germany and France Seek More Flexible EU Gas Refill Targets

A group of EU member states, including the biggest economies Germany and France, are arguing that the bloc should allow more flexibility in its currently binding 90% full-storage target by November 1 each year, to avoid price spikes and market speculation. Germany and France are pushing for a lower or at least a more flexible target, as part of ongoing EU talks on extending the storage filling goals through 2027, sources with knowledge of the matter told Bloomberg. In the wake of the 2022 Russian invasion of Ukraine and the halt to Russian pipeline…