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In Europe, gas removal from UGS facilities drops to 11-year low

Photo: Ukrainian gas transport system operator

Today European UGSFs are 64.13% full. They contain about 69.5 billion cubic meters of gas.

In European countries, the extraction of gas from underground storage facilities (UGSF) fell to the lowest since 2012, and the injection reached a record. This was confirmed by the data of the association Gas Infrastructure Europe (GIE) on Monday, February 20.

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So, for the gas day on February 18, the withdrawal was the lowest in 11 years and left only 209 million cubic meters. m. At the same time, the injection is equal to 111 million cubic meters. m is the maximum for this day for the entire time of observations.

The European heating season began on November 14, and since that moment, EU countries have taken 38.9 billion cubic meters from storage facilities. m of gas. At the same time, the total gas withdrawal from the UGS facilities on the 97th day from the moment they reached their maximum filling was 8.35% lower than the average value for that day in the previous five years.

Today UGS facilities in Europe are filled at 64.13% (20.61% higher than the average for this date in the last five years), they contain 69.48 billion cubic meters. m of gas.

The current week in Europe is predicted to be as hot as last week. Temperatures in many EU countries will well exceed climatic norms, but will drop slightly at the start of the next seven days.

It will be remembered that last week the price of gas in Europe dropped below $550. Such a strong reduction in price is caused by the excess of gas on the EU market and the simultaneous limitation of its consumption.

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Source: korrespondent

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