πŸ“β€œIn order to maintain #securityofsupply, a sufficient level of #gasstorage capacity must be maintained in a coordinated manner”.

That’s what @schmoltzer, GIE Value of Storage WG chair, highlighted at the #IPS2023 in Milan.

Read πŸ‘‰ https://lnkd.in/eCFpKUfx

@ThTrouve @FrancegazFR Presenting on behalf of @GIEBrussels and our French members πŸ‡«πŸ‡·
@GRTgaz - @Teregacontact
@Storengy - @Elengy
@DunkerqueLNG

As natural gas demand decreased by 8% y to y in the OECD, #TimGould put the attention to the evolution of Chinese gas demand πŸ“ˆ and its impact on #LNG markets and wholesale #prices, especially as Europe is going to be more and more exposed to spot prices.

@wavestoneFR @Energy4Europe @MWorsdorfer @csikow @AdinaRevol Last year the EU understood the importance and value of the underground gas #storage while 5 years ago the assets were seen by many as stranded assets, said @TorbenBrabo.
Storage have never been fulfill at this level so early.

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RED II Implementing Rules for voluntary schemes – Union Database

GIE – together with EBA, EFET, Eurogas, ENTSOG, GD4S, GERG, NGVA and SEA LNG – published a coalition letter to the European Commission on the proposed RED II implementing rules for voluntary schemes laying down provisions of the Union database.

The associations want to raise awareness that the text must be applicable to gaseous fuels. We ask for clarification on definitions and terminology for gas infrastructure, as well as establishing a link between Guarantees of Origin (GOs) and sustainability certificates.

You can find the Joint Letter here.