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Europe has withdrawn 80% of gas it pumped into storage facilities for heating season

Gas withdrawal from UGS facilities in EU countries amounted to around 758 mln cubic meters on January 28

MOSCOW, January 30. /TASS/. Net withdrawal of gas from underground gas storage (UGS) facilities in Europe has exceeded 44 bln cubic meters (bcm) since the beginning of the heating season, representing more than 80% of the volumes injected during the summer, according to data from Gas Infrastructure Europe (GIE).

Gas withdrawal from UGS facilities in EU countries amounted to around 758 mln cubic meters (mcm) on January 28. The total rate of withdrawal from storage facilities since the beginning of the month is currently the third-highest for January. The total volume of fuel in UGS facilities currently stands at 47.4 bcm.

Temperatures across Europe have been uneven this week. The first half of the week was relatively warm after the previous frosty week, but by the weekend, the region had returned to a colder climate, which will continue into early February.

The share of wind power in the EU’s electricity generation averaged 20% in December 2025, and it has been at 19% in January 2026. The gas purchase price in Europe has averaged $410 per 1,000 cubic meters in January, up from $334 in December amid a cold snap. Prices are at their highest since last spring.

European UGS facilities are currently 42.9% full (15.58 percentage points lower than the average as of this date in the past five years) compared to 55% in the previous year. Since the heating season started on October 13, 2025, EU countries have withdrawn around 49 bcm of gas from storage facilities. Net withdrawal has reached 44 bcm.

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