President Buzek on the adoption of regulation on the security of gas supply
The European Parliament adopted today by a large majority the regulation on the security of gas supply.
EP President Jerzy Buzek welcomed the adoption of the regulation and said:
"This is a key regulation. It is a step in the right direction of more solidarity in the field of energy security and energy supply. The EU should be better protected from gas crises thanks to this new law on better EU-wide co-ordination of supplies and gas interconnection plans. Gas supply crises in Europe should be better managed and disruption in household gas supplies avoided.
This is a priority for many European citizens and I welcome this as a step towards a true European Energy Community.
Great responsibility has been placed in the hands of the European Commission. During a 'Union emergency', the Commission would be responsible for ensuring a smooth exchange of information, the consistency of national actions and co-ordination with third countries.
However, the task is not over yet. We still have more work to do in order to achieve full energy security in the European Union. That is why the European Parliament will closely monitor the effectiveness of this new regulation and its effect on energy security and the energy supply situation in the European Union."
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Note to editors:
Under the law - which was prompted by the 2008 and 2009 Russian gas supply crises - in the event of extremely low temperatures European gas companies would be required to ensure supplies to householders in the following cases:
- Extreme temperatures during a seven-day peak period;
- Any period of at least 30 days of exceptionally high demand;
- At least 30 days in the event of infrastructure disruption under average winter conditions.
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Member States would also need to ensure that even if their biggest gas infrastructure fails, the remaining network is capable of meeting total daily gas demand on a day of "exceptionally high demand" (which, statistically, happens once every 20 years).
National authorities will have four years to comply with this supply standard but the new cross-border interconnections among EU countries will have to be in place within three years of the regulation's entry into force.
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