European gas reserves reached the lowest level in three years

On March 1, 2025, gas reserves at European underground storage facilities reached 38.23%, which has been the lowest level in the last three years. Reuters reported this on Monday, March 3.

This has been 11.46 percent points below average in the last five years. According to Europe’s Gas Infrastructure (GIE), the selection of gas from EU storage facilities on March 1 reached 388 million cubic meters. M, and downloads are reduced to 23 million cubic meters. m.

This occurs against the background of high gas consumption during the current heat period.

Against the years, the current value of reserves is the seventh maximum only for the beginning of March.

Remember that the heat period in Europe began on October 29, 2024, ten days earlier than the previous season. During this time, EU countries chose more than 67 billion cubic meters from storage facilities. m of gas.

In response to the situation, the European Commission plans to soften the intermediate goals to pump gas for member states. This decision aims to reduce market imbalance and flexibility in replenishment of reserves. In particular, the possibility of reducing national goals for pumping gas from 90% to 80% to November 1, 2025 is considered.

The day before it was known that Ukraine increases gas imports from the EU. This happened against the rear of the Roy strikes on the objects of the gas sector in recent months.