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Energy Community Secretariat adopts filling trajectory to reach 2024 gas storage target

The Energy Community Secretariat announced on Wednesday (15 November) that it has adopted comprehensive storage filling trajectories corresponding to intermediate storage targets.

These measures are aimed at ensuring that Contracting Parties with underground gas storage facilities, specifically Serbia and Ukraine, meet the mandatory gas storage target of 90 per cent by 1 November 2024.

“The adoption of the filling trajectories, along with intermediary targets for 2024, was the result of discussion and endorsements by the Energy Community Security of Supply Coordination Group,” the Secretariat said in a press release.

The trajectory itself is based on multiple factors, including data submitted by the Contracting Parties, the average filling rate during the preceding five years, a “thorough assessment” of the general security of gas supply situation, and an analysis of the evolving gas demand and supply dynamics within the Energy Community and individual Contracting Parties, the Secretariat added.

Intermediate gas storage filling targets for 2024 announced

The Contracting Parties are Albania, Bosnia and Herzegovina, Kosovo, North Macedonia, Georgia, Moldova, Montenegro, Serbia and Ukraine.

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