Gas reserves in underground storage facilities in March were reduced to 33.59%. It’s 11.33% less than the average value in the last five years – 44.92%.
European countries in March of this year were received from terminals for receiving liquid natural gas (LNG) 12.683 billion cubic meters (liquid it was 9.756 million tons), which is a full note for European gas industry history. Growth compared to the March 2024 indicator was 19%, gas infrastructure infrastructure was indicated by Europe on Wednesday, April 2.
The total level of use of Regal capacities in March reached 54%. In March, on average, Europe received 409 million cubic meters from LNG terminals. M per day (maximum – 449 million cubic meters).
At the same time, the intensive purchase of LNG Europe can be preserved throughout the day, as the region’s underground storages are damaged after a slightly cooler than before, winter.
The gas reserves at Europe’s underground storage in March were reduced to 33.59%. It was 11.33% less than the average value in the last five years (44.92%).
Last winter (2024-2025) in Europe was the coldest of the past four heating periods. And if you do not consider the excess winter season 2022-2021 (then consumption is reduced due to restriction against pandemia), then it has become most stressful in the past six seasons.
In the coming days, Europe should begin the download period, but the changing spring season continues the choice. Thus, last Friday, March 28, PSG on average showed a bit of excess pumping in the selection, but the cold season of Monday, March 31, was forced to continue with intensive choice. The current weather forecasts promise the region a few more cold waves in the coming weeks.
In the history of GIE observations, the period of European net selection period ends in early April-the average transition term from net-selection to network falls on April 3. The deadlines of transfer intervals from selection to upload-from March 22 (2019) to April 19 (2021).
EU regulation requires up to 90%to fill PSG until November 1, and this year the achievement of this goal will be complicated and expensive. If the download begins today, it is necessary to ensure the average replenishment rate of inventions of more than 290 million cubic meters. M per day (this is 3/4 of all imports using lng so far) (with average over the past five years, 240 million cubic meters per day).
Earlier it was reported that the importation of LNG in Europe had reached a note for this period, which made it possible thanks to the decline in demand in Asia. This makes it possible to reduce prices before an important period of filling storage facilities.
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Source: korrespondent
I’m Liza Grey, an experienced news writer and author at the Buna Times. I specialize in writing about economic issues, with a focus on uncovering stories that have a positive impact on society. With over seven years of experience in the news industry, I am highly knowledgeable about current events and the ways in which they affect our daily lives.