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Gas withdrawal from UGS facilities in Europe almost 50 times higher than pumping

Total LNG supplies from terminals to Europe’s gas transport system in August hit the lowest level since October 2021, though they returned to growth in the fall, reaching 8.8 bln cubic meters in October, 11% higher than in September

MOSCOW, November 14. /TASS/. Withdrawal of gas from European underground gas storage (UGS) facilities has risen seriously since early November 2024 amid a cold spell, reaching the level almost 50 times higher than pumping, according to data provided by Gas Infrastructure Europe (GIE). Meanwhile, Gazprom supplies gas for Europe through Ukraine in the volume of 42.4 mln cubic meters (mcm) per day to the Sudzha gas pumping station in Russia’s Kursk Region.

Gas pumping into UGS facilities in EU countries amounted to 10 mln cubic meters on November 12, according to data provided by Gas Infrastructure Europe (GIE). Meanwhile withdrawal equaled 486 mln cubic meters. European UGS facilities are currently 92.58% full (0.54 percentage points higher than the average as of this date in the past five years), with 102.76 bln cubic meters of gas stored in them.

"Gazprom supplies Russian gas for transit through Ukrainian territory in the volume confirmed by the Ukrainian side via the Sudzha gas pumping station of 42.4 mln cubic meters as of November 14. The request for the Sokhranovka gas pumping station has been rejected," a Gazprom representative told reporters. On the previous day, the pumping also equaled 42.4 mln cubic meters.

Total LNG supplies from terminals to Europe’s gas transport system in August hit the lowest level since October 2021, though they returned to growth in the fall, reaching 8.8 bln cubic meters in October, 11% higher than in September. That said, the level was the lowest for this month since 2021. Facilities for regasification of liquefied gas and its further pumping into Europe’s pipelines are loaded by 45% of their capacity now.

The gas purchase price averaged $456 per 1,000 cubic meters in Europe in October and it has been around $467 in November.

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