EU gas security, final approval

The Council approves the regulation, now to the O.J.

20171010_2.jpg On Monday the European Council has given the final approval of the proposal of regulation for gas supply security, presented by the Commission a year ago and then approved by the European Parliament last month, after the introduction of a series of amendments agreed with the governments of the 28.
The regulation will become operational four days after its publication in the Official Journal of the European Union, specifies a message.
The provision sets forth, among others, a system of anti-crisis cooperation based on a structured risk assessment and the concept of f "Emergency Supply Corridors," provided on the basis of simulations carried out by the European Network of Transmission System Operators for Gas (ENTSOG).
A solidarity mechanism will allow for redirecting of flows from one member state to another, but it will have to be treated as the last resort, and if adopted, gas suppliers must be adequately reimbursed.

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10 October 2017 - 15:36 CEST