Gas reserves in European storage facilities approaching 85%

Europe continues to pump gas into its underground gas storage facilities, which are already almost 85% full, against this year’s target of 80%, which had to be reached by November 1, reported from the Gas Infrastructure Europe.

According to the data at the end of the gas day on September 14, European storage facilities are 84.71% full. At the same time, the growth per day amounted to only 0.22 percentage points - the minimum rate for this month. In total, the EU underground storage facilities now contain approximately 91.64 billion cubic meters of gas.

According to the GIE, 13 out of 18 EU countries with gas storage facilities have exceeded the 80% target set in Europe in terms of occupancy following a notable increase in gas exchange prices. These are Belgium, Croatia, Czech Republic, Denmark, France, Germany, Italy, the Netherlands, Poland, Portugal, Slovakia, Spain and Sweden. At the same time, there are 27 states in the EU, therefore, not all of them have storage facilities.

Gas storage facilities usually provide 25-30% of the gas consumed in Europe in winter, the European Commission reported in summer.





www.anews.az