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European gas reserves have reached historic highs

Photo: Operator of the State Transport System of Ukraine

Underground gas storage facilities are 97.89% full, or 8.54% higher than the average for this date over the past five years.

Total natural gas reserves in European countries have reached their all-time high on record. This was confirmed by data from the Gas Infrastructure Europe (GIE) association on Monday, October 16.

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Currently, Europe’s underground gas storage facilities (UGS) are 97.89% full, or 8.54% higher than the average for this date in the past five years – they have 107.75 billion cubic meters. m of gas. During the day, inventories rose 0.21%.

European countries filled their underground gas storage facilities to the target of 90% for the heating season in mid-August. Previously, the European Commission expected to achieve such indicators only until November.

Previously, the absolute highest occupancy of EU underground gas storage facilities was observed on October 28, 2019 – 97.84%.

Let’s recall that Russian President Vladimir Putin called the EU countries “stupid” for their rejection of Russian energy resources, including gas.


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Source: korrespondent

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