Energy crisis in Europe - TASS

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Gas prices in Europe make summer injection unprofitable — Gazprom

Gas extraction from European UGS at about 742 mln cubic meters as of February 2

Gas extraction from European UGS facilities hits third-highest level in history in January

Europe withdraws over 40 bcm of gas from storage facilities since start of heating season

Germany’s underground gas reserves down below 40%

UGS facilities are 39% full in France, 51.5% in Austria, 62.6% in Italy, and 33.3% in the Netherlands

Gazprom names gas price growth drivers in Europe

Commodity exchange prices in Germany and Austria climbed above $500 per 1,000 cubic meters, the Russian holding said

Gas prices in Germany at their highs since June 2025 — Gazprom

European underground gas storages are already half-empty in general, the company noted

Gazprom highlights untypically low gas reserves in European UGS for December

In particular, gas reserves in UGS facilities in the Netherlands have fallen below 60%

Europe takes over 10 bcm of gas from storage facilities since start of heating season

At present, European UGS facilities are 73.85% full

Gas prices in Europe to remain high during heating season — expert

According to Igor Yushkov, high gas prices in Europe are beneficial for Russia in the short term, as they boost Gazprom’s revenues

Gas injection into Europe’s underground storage nearly halts

Currently, Europe’s UGS are just over 82% full

Gas reserves in Europe’s underground storage exceed 76.5%

The average gas purchase price in Europe stood at around $410 per 1,000 cubic meters in July, dropping slightly to about $395 in August

Europe has imported over 55 bcm of LNG since start of summer season

European UGS facilities are currently 74.76% full

EU will face difficulties fully phasing out Russian gas in short term — experts

According to Vladimir Sedalishchev, gas and oil can be purchased from many countries, so "a withdrawal from supplies from Russia is entirely possible, albeit with a somewhat noticeable markup for consumers"