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In Europe, gas extraction from UGS facilities jumped to a 10-year high

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Since the beginning of the warming period, European countries have withdrawn 51.28 billion cubic meters from underground storage facilities. m of gas.

In European countries, gas withdrawals from underground storage facilities (UGS) continue to grow against the backdrop of a cold snap, which has delayed the end of the warming season. It has reached a 10-year high for early April, according to data from Gas Infrastructure Europe (GIE) on Thursday, April 6.

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Thus, on the gas day of April 4, the removal of gas from underground storage facilities reached 221 million cubic meters. m – the maximum for this day since 2013. At the same time, the injection reached 71 million cubic meters. m was the lowest since 2013.

The European heating season began on November 14, 2022, and since that moment, EU countries have withdrawn 51.28 billion cubic meters of gas from storage facilities. m of gas. At the same time, the total gas withdrawal from UGS facilities on the 142nd day from the moment they reached their maximum filling was 20.28% lower than the average value for that day in the previous five years. The last season of gas extraction from European underground storage facilities ended on March 19, 2022, when only 25.5% of reserves remained in them.

Today UGS facilities in Europe are filled by 55.59% (20.67% higher than the average for this date in the last five years), they contain 60.5 billion cubic meters. m of gas.

This week in Europe has been colder than the last. Temperatures in almost all EU countries are below the climatic norm.

LNG flows into the European gas transmission system are stable and hit a record high in March, although three LNG terminals in France are still out of service due to a strike. Today the regasification capacities of liquefied gas are loaded at 63% of the maximum.

The average purchase price of gas in Europe in March fell to $484 per thousand cubic meters. m against $583 in February. And on March 20, it fell to $430 in total. This happened for the first time since the end of July 2021.

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Source: korrespondent

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