Energy crisis in Europe

14 Mar, 07:42

Less than 40 bcm of gas remain in European UGS facilities

European UGS facilities are currently 35.89% full

MOSCOW, March 14. /TASS/. Gas reserves in Europe’s underground gas storage (UGS) facilities have fallen below 36% for the first time in more than three years as they stand at less than 40 bln cubic meters (bcm), according to data provided by Gas Infrastructure Europe (GIE). Net withdrawal from European UGS facilities since the beginning of the heating season has reached around 66 bln cubic meters.

Gas withdrawal from UGS facilities in EU countries amounted to 395 mln cubic meters (mcm) on March 12, according to GIE. Pumping has fallen to 30 mcm. Gas volumes in UGS facilities total 39.8 bcm, which is the seventh-highest level for early March since records started.

European UGS facilities are currently 35.89% full (10.71 percentage points lower than the average as of this date in the past five years). The heating season in Europe started on October 29, 2024, with EU countries having withdrawn around 70.5 bcm of gas from UGS facilities since then.

The share of wind generation in the EU’s electricity output averaged 13% in February, and it has been at 15% in March. The gas purchase price averaged $542 per 1,000 cubic meters in Europe in February, and it has equaled around $463 in early March.

LNG supplies from terminals to Europe’s gas transport system were at a record level last month. Facilities for regasification of liquefied gas and its further pumping into Europe’s pipelines are loaded by 54% of their capacity now.

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Energy crisis in Europe

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Kursk situation under Russia’s control, Ukrainian battlegroup blocked — Putin

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FACTBOX: Russia liberates settlements in Kursk, charges Ukrainian mercenaries

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Kursk Region’s border buffer zone should be at least 20-30 km wide — expert

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Yesterday, 17:16

Putin says aware of Trump's call to spare Ukrainian troops in Kursk Region

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Yesterday, 17:06

Putin guarantees life to Ukrainian troops if they lay down arms

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Yesterday, 06:08

Russian troops complete clearing of woods west of Kurilovka — security agencies

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Yesterday, 13:37

Five Russians were onboard ship that collided with tanker off UK coast — embassy

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Starmer to urge Kiev’s allies to increase pressure on Russia to achieve ceasefire

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Yesterday, 03:19

Russia’s retaking of Sudzha deals blow to Kiev’s reputation, expert says

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Yesterday, 19:50

Moscow ready to host peace treaty signing for Armenia, Azerbaijan — Russian MFA

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Yesterday, 07:27

Kursk operation turns into a ticking time bomb for Kiev, Russian official says

Igor Kimakovsky explained that the deployment of Ukrainian forces to the Kursk Region had made it possible for Russian troops to advance in the most tactically crucial areas

Yesterday, 14:21

Man shot dead in Odessa helped set fire to Trade Union building in 2014 — report

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Finland, as in 1930s, becomes springboard for aggression against Russia — Patrushev

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Two days ago, 20:57

NATO doors ‘slammed shut’ for Ukraine — lawmaker

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Yesterday, 08:29

Russian forces destroy platoon of Ukrainian troops redeployed to Donbass from Kursk

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Yesterday, 15:01

EU extends anti-Russian sanctions until September 15 — EU Council

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7 Mar 2019, 14:14

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Two days ago, 16:36

It is becoming impossible for Kiev troops to break out of encirclement near Kursk — Putin

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Yesterday, 15:54

Relations between Russia and Venezuela enter stage of maturity — Maduro

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Yesterday, 17:40

Belarus ready to put into service 2 Oreshnik launchers by end of year — Lukashenko

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Yesterday, 19:49

Russia’s export duty on wheat to be $28.11 per metric ton from March 19

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Chechen leader says Operation Pipeline near Sudzha was daring, incredibly effective

Kadyrov also shared a video featuring the Akhmat units’ commandos moving through the gas pipeline as they advanced into enemy territory

Yesterday, 13:10

Kursk Region has transformed into a Kursk fortress — acting governor

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Yesterday, 12:56

Armenian PM tells Putin that peace treaty talks with Baku have been completed

The Armenian foreign ministry said on March 13 that all the 17 provisions of the treaty had been agreed upon with Azerbaijan and that Yerevan had invited Baku to look at where and when to sign this treaty

Yesterday, 14:12

Bloomberg links strengthening of anti-Russian sanctions to Treasury Secretary’s position

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Yesterday, 15:26

Iraqi security forces eliminate one of world's most dangerous terrorists — PM

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17 May 2023, 18:47

Kinzhal missile wipes out Patriot air defense system in Kiev — Russian Defense Ministry

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Yesterday, 15:47

Ceasefire in Gaza between Hamas, Israel may be extended until end of March — TV

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Two days ago, 17:39

Ukraine to eventually come back to Russia, Belarus — Lukashenko

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Two days ago, 21:28

Italy’s top diplomat says he summoned Russian envoy after statements by MFA spokeswoman

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Yesterday, 18:40

Ukrainian troops in Kursk Region will be destroyed, if refuse to surrender — Medvedev

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Yesterday, 16:46

Belarus’s Lukashenko mentions clandestine foreign phone calls to Putin

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Yesterday, 15:45

G7 threatens Russia with new sanctions in case of rejecting ceasefire initiative

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Yesterday, 08:31

US envoy Witkoff already left Moscow, TASS source confirms

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Yesterday, 16:53

Russia understands Trump's call to "spare" Ukrainian troops near Kursk — Putin

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Yesterday, 15:57

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Yesterday, 16:54

Kiev should order military near Kursk to surrender — Putin

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