Tag Archives: proposal

Proposal for New Regulation on Gas Supplies

The European Commission has adopted a proposal for a new regulation to improve security of gas supplies in the framework of the internal gas market.

The proposed Regulation on security of gas supply provides a common indicator to define a serious gas supply disruption. This is known as N-1, i.e. the shutdown of a major supply infrastructure or equivalent (e.g. import pipeline or production facility). It requires all Member States to have a competent authority that would be responsible for monitoring gas supply developments, assessing risks to supplies, establishing preventive action plans and setting up emergency plans.