Article 6
Monitoring 1. The Commission shall monitor, on the basis of the reports referred to in Article 5(1): the degree of new long-term gas supply import contracts from third countries; the existence of adequate liquidity of gas supplies; the level of working gas and of the withdrawal capacity of gas storage; the level of interconnection of the national gas systems of Member States; the foreseeable gas supply situation in function of demand, supply autonomy and available supply sources at Community level concerning specific geographic areas in the Community. 2. Where the Commission concludes that gas supplies in the Community will be insufficient to meet foreseeable gas demand in the long term, it may submit proposals in accordance with the Treaty. 3. By 19 May 2008 the Commission shall submit a review report to the European Parliament and the Council on the experience gained from the application of this Article.
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Source: EUR-Lex (Cellar) · retrieved 2026-11-12 · Text as adopted (Official Journal); later amendments are not incorporated in this text.