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Energy crisis in Europe

Gas reserves in European storage facilities drop to 36.5%

The net offtake totaled more than 65 bln cubic meters from the start of the heating season

MOSCOW, March 12. /TASS/. Natural gas reserves in European underground gas storages (UGS) plunged to 36.5% for the first time in three years, according to Gas Infrastructure Europe (GIE) data.

The net offtake (the difference between the offtake and injection volumes) totaled more than 65 bln cubic meters from the start of the heating season.

The rate of withdrawal from EU’s UGS on March 10 amounted to 258 mln cubic meters, according to GIE. The injection rate increased to 64 mln cubic meters.

European UGS are currently 36.49% filled. Regasification facilities of LNG currently have capacity utilization of 50% from the maximum.

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Energy crisis in Europe

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