BRUSSELS (Reuters) -The European Parliament on Tuesday gave its final sign-off on a deal to loosen the EU's rules on filling gas storage, following concerns that earlier rules on this risked inflating
European Parliament Approves Relaxed Gas Storage Regulations
BRUSSELS (Reuters) -The European Parliament on Tuesday gave its final sign-off on a deal to loosen the EU's rules on filling gas storage, following concerns that earlier rules on this risked inflating energy prices.
Parliament approved the deal its negotiators struck with EU countries last week, which will soften the EU's target to fill storage to 90% capacity by November 1.
The agreement now needs final formal approval from EU countries before it can pass into law - a step which is usually a formality that waves through the pre-agreed deal with no changes.
(Reporting by Kate Abnett, Editing by Charlotte Van Campenhout)
