00:00The President of the European Commission, Ursula von der Leyen, proposed to the bloc's
00:05leaders the creation of community gas strategic reserves.
00:09This comes amid a growing concern that the European Union could face a severe fuel shortage
00:14this winter.
00:15The initiative also arises because current storage levels are at historic lows, with
00:21fuel levels between 70% and 75% at the start of the 2026-2027 heating season, will well
00:31below the regulatory target of 90% and affected by high summer prices linked to the war in
00:38Middle East.
00:39Although the European Commission is considering temporarily lowering the required threshold
00:44to 80% in light of forecasts for a wild and milled winter, the lack of clarity regarding
00:52the implementation of these reserves leaves the bloc under pressure to secure energy supplies.
