Regulation (EU) 2022/1032 amending Regulations (EU) 2017/1938 and (EC) No 715/2009 with regard to gas storage

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Series Details L 173, Pages 17-33
Publication Date 30/06/2022
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Summary:

Regulation (EU) 2022/1032 - formally signed by the co-legislators on 29 June 2022 - introducing introducing amendments to Regulation (EU) 2017/1938 concerning measures to safeguard the security of gas supply and Regulation (EC) No 715/2009 on conditions for access to natural gas transmission networks. This is a text with EEA relevance.

Further information:

Regulation (EC) No 715/2009 lays down rules for access to natural gas transmission networks, gas storage and liquified natural gas (LNG) facilities. Regulation (EU) 2017/1938 establishes provisions aiming to safeguard the security of gas supply in the European Union (EU) by ensuring the proper and continuous functioning of the internal market in natural gas.

This Regulation aims at ensuring the storage capacities in the EU do not remain unused, to ensure that storages can be shared across the EU in a spirit of solidarity. For that purpose, a minimum mandatory level of gas in storage facilities aims at reinforcing the security of supply in the shorter term. A mandatory certification of storage system operators aims to ensure that potential security of supply risks resulting from influence over the critical storage infrastructure can be excluded. Finally, the use of storage is incentivised by allowing to exempt storage users from transmission tariffs at storage entry or exit points.

The European Green Deal envisaged measures aimed at addressing challenges related to the EU's dependence for primary energy from third countries. This included upgrading and extending LNG infrastructure and diversification of sources and routes of pipeline gas. International tensions underlined the need to advance with such plans. However, the geopolitical situation also confirmed the need for additional short term measures to deal with the market imbalances for energy and for security supplies in the forthcoming years.

This proposal was tabled by the European Commission on 23 March 2022, alongside a Communication addressing energy security and energy affordability. The European Parliament adopted a negotiating position on 7 April, followed by the Council of the European Union on 11 May. An informal agreement between the co-legislators on a compromise text for this file was reached on 19 May. This was formally endorsed by the Parliament on 23 June and by the Council on 27 June. The Act was signed by the co-legislators on 29 June 2022 and published in the Official Journal on 30 June 2022.

Source Link http://data.europa.eu/eli/reg/2022/1032/oj
Related Links
Commentary and Analysis
S&P Global: Commodity Insights, 24/03/2022: German gas grid operator group warns of impact of mandatory storage obligations https://www.spglobal.com/commodity-insights/en/market-insights/latest-news/natural-gas/032422-german-gas-grid-operator-group-warns-of-impact-of-mandatory-storage-obligations
Association of European Energy Exchanges (Europex): Press Release, 31/03/2022: European Commission mandatory gas storage proposal: the EU’s Integrated Gas Market as a cornerstone to security of supply https://www.europex.org/press-releases/mandatory-gas-storage-proposal/
Institute of International & European Affairs (IIEA): Blog, 08/04/2022: Cutting the Cord: Eliminating Europe’s Energy Dependence on Russia https://www.iiea.com/blog/cutting-the-cord-eliminating-europes-energy-dependence-on-russia
S&P Global: Commodity Insights, 17/05/2022: Intermediary EU gas storage targets 'essential' tool during crisis: EC https://www.spglobal.com/commodityinsights/en/market-insights/latest-news/natural-gas/051722-intermediary-eu-gas-storage-targets-essential-tool-during-crisis-ec
S&P Global: Commodity Insights, 19/05/2022: EU institutions reach deal over minimum gas storage obligations https://www.spglobal.com/commodityinsights/en/market-insights/latest-news/natural-gas/051922-eu-institutions-reach-deal-over-minimum-gas-storage-obligations
EPRS: Briefing, June 2022: New EU regulation on gas storage https://www.europarl.europa.eu/thinktank/en/document/EPRS_BRI(2022)729393

News
Reuters, 22/03/2022: EU to require countries to fill gas storage 90% before winter https://www.reuters.com/business/energy/eu-require-countries-fill-gas-storage-90-before-winter-draft-2022-03-22/
Associated Press, 23/03/2022: EU looks to US to help curb reliance on Russian natural gas https://apnews.com/article/russia-ukraine-business-europe-germany-european-union-7ed027f0f0d1b8f14fc87ea7f310865c
EurActiv, 23/03/2022: EU tables plan to certify gas storage operators, threatening Russia’s Gazprom https://www.euractiv.com/section/energy/news/eu-tables-plan-to-certify-gas-storage-operators-threatening-russias-gazprom/
Reuters, 31/03/2022: Europe would struggle to refill gas storage without Russian supplies https://www.reuters.com/business/energy/europe-would-struggle-refill-gas-storage-without-russian-supplies-2022-03-30/
Reuters, 05/04/2022: EU countries seek 'solidarity' fix to urgently fill gas storage https://www.reuters.com/business/energy/eu-countries-seek-solidarity-fix-urgently-fill-gas-storage-2022-04-05/
EurActiv, 06/04/2022: Cost of gas storage refill will be evenly spread, EU assures https://www.euractiv.com/section/energy/news/cost-of-gas-storage-refill-will-be-evenly-spread-eu-assures/
The Baltic Times, 07/04/2022: European Parliament backs plan to restock gas reserves before next winter https://www.baltictimes.com/european_parliament_backs_plan_to_restock_gas_reserves_before_next_winter/
Le Monde, 20/04/2022: Russia controls part of Europe's gas storage capacity https://www.lemonde.fr/en/economy/article/2022/04/20/russia-controls-part-of-europe-s-gas-storage-capacity_5981062_19.html
Reuters, 25/04/2022: EU countries mull deal on emergency rules to fill gas storage https://www.reuters.com/business/energy/eu-countries-mull-deal-emergency-rules-fill-gas-storage-2022-04-25/
EurActiv, 19/05/2022: EU clinches deal on mandatory gas storage for next winter https://www.euractiv.com/section/energy/news/eu-clinches-deal-on-mandatory-gas-storage-for-next-winter/
Euronews, 19/05/2022: 'Historic day' as EU sets mandatory gas storage level for winter supplies https://www.euronews.com/my-europe/2022/05/19/historic-day-as-eu-sets-mandatory-gas-storage-level-for-winter-supplies
Bloomberg, 19/05/2022: EU Reaches Deal to Fill Gas Storage to 80% Before Winter https://www.bloomberg.com/news/articles/2022-05-19/eu-countries-lawmakers-reach-deal-to-fill-gas-storage-to-80
Politico, 23/06/2022: MEPs back mandatory gas storage as Russian supplies dwindle https://www.politico.eu/article/meps-back-mandatory-gas-storage-as-russian-energy-supplies-dwindle/
Associated Press (AP News), 27/06/2022: EU countries adopt mandatory gas storage amid Russia’s cuts https://apnews.com/article/russia-ukraine-european-union-government-and-politics-003bf4a9b8018016efd4e414e3a77b0c
EurActiv, 28/06/2022: EU agrees gas storage rules under shadow of Russian cut-offs https://www.euractiv.com/section/energy/news/eu-agrees-gas-storage-rules-under-shadow-of-russian-cut-offs/
EurActiv, 30/06/2022: Latvia, Austria, Slovakia have EU’s largest gas stores https://www.euractiv.com/section/energy-environment/news/latvia-austria-slovakia-have-eus-largest-gas-stores/

Official
EUR-LEX: COM(2022)135: Proposal for a Regulation amending Regulation (EU) 2017/1938 concerning measures to safeguard the security of gas supply and Regulation (EC) No 715/2009 on conditions for access to natural gas transmission networks https://eur-lex.europa.eu/legal-content/EN/ALL/?uri=COM:2022:135:FIN
European Parliament: Legislative Observatory: Procedure File for Proposal on Security of gas supply and conditions for access to natural gas transmission networks (2022/0090(COD)) https://oeil.secure.europarl.europa.eu/oeil/popups/ficheprocedure.do?reference=2022/0090(COD)
European Parliament: Legislative Train Schedule: New EU regulation on gas storage https://www.europarl.europa.eu/legislative-train/theme-a-european-green-deal/file-the-commission-has-proposed-an-urgent-regulation-on-gas-storage
European Commission: Energy Security: Secure gas supplies https://energy.ec.europa.eu/topics/energy-security/secure-gas-supplies_en
General Secretariat of the Council: Policies: Energy prices and security of supply https://www.consilium.europa.eu/en/policies/energy-prices/
European Commission: Press Release, 23/03/2022: Commission outlines options to mitigate high energy prices with common gas purchases and minimum gas storage obligations https://ec.europa.eu/commission/presscorner/detail/en/ip_22_1936
European Commission: Questions and Answers on the new EU rules on gas storage (23 March 2022) https://ec.europa.eu/commission/presscorner/detail/en/qanda_22_1937
EP EPP Group: Newsroom, 04/04/2022: Store more gas for winter https://www.eppgroup.eu/newsroom/news/store-more-gas-for-winter
European Parliament: Press Release, 05/04/2022: MEPs back urgency procedure to refill gas reserves before next winter https://www.europarl.europa.eu/news/en/press-room/20220405IPR26703/
European Parliament: Press Release, 07/04/2022: MEPs back plans to restock gas reserves before next winter https://www.europarl.europa.eu/news/en/press-room/20220401IPR26536/
Council of the European Union: Press Release, 11/05/2022: Member states agree on negotiating mandate for gas storage proposal https://www.consilium.europa.eu/en/press/press-releases/2022/05/11/member-states-agree-on-negotiating-mandate-for-gas-storage-proposal/
European Commission: News, 19/05/2022: Commission welcomes political agreement on new rules for securing winter gas storage https://ec.europa.eu/info/news/commission-welcomes-political-agreement-new-rules-securing-winter-gas-storage-2022-may-19_en
Council of the European Union: Press Release, 19/05/2022: Gas storage: Council and Parliament reach a provisional agreement https://www.consilium.europa.eu/en/press/press-releases/2022/05/19/gas-storage-council-and-parliament-reach-a-provisional-agreement/
European Parliament: Press Release, 19/05/2022: Deal on EU plans to restock gas reserves before winter https://www.europarl.europa.eu/news/en/press-room/20220516IPR29634/
European Parliament: Press Release, 23/06/2022: Parliament approves plans to restock gas reserves before winter https://www.europarl.europa.eu/news/en/press-room/20220616IPR33214/
Council of the European Union: Press Release, 27/06/2022: Council adopts regulation on gas storage https://www.consilium.europa.eu/en/press/press-releases/2022/06/27/council-adopts-regulation-gas-storage/
European Commission: Press Release, 27/06/2022: Energy Security: Commission welcomes swift adoption of new gas storage rules https://ec.europa.eu/commission/presscorner/detail/en/ip_22_4080

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