The start of the winter season in Europe has officially opened a two-week late seasonal drop in temperatures.
Five major gas markets in Europe – Germany, France, Italy, the Netherlands and Poland – have switched to obtaining gas from underground storage facilities. This was confirmed by the data of the association Gas Infrastructure Europe (GIE) on Saturday, November 5th.
In total, in the EU, on November 3, the increase in reserves reached only 0.03% (the data was published with a two-day delay – ed.), and the withdrawal reached 78% of parallel continuous injection. Given the further drop in temperatures on Friday, there are chances to see a shift in net gas withdrawals across the EU as a whole.
At the same time, the level of reserves in UGS facilities now stands at 95.04%, which is more than 102 billion cubic meters. m of active gas.
In response to lower temperatures, European LNG receiving terminals have increased their regasification volumes. On November 3, the utilization rate of their capacities reached 66%, while the average for October was 60%.
It was previously reported that gas exports from Russia continue to decline. In 10 months, it fell by 42.6% – to 91.2 billion cubic meters. m.
Norway begins deliveries through the Baltic Pipe gas pipeline
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Source: korrespondent
I am Dylan Hudson, a dedicated and experienced journalist in the news industry. I have been working for Buna Times, as an author since 2018. My expertise lies in covering sports sections of the website and providing readers with reliable information on current sporting events.