EU ends heating season with record gas reserves in underground storage
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The European Union (EU), despite the drop in Russian gas imports, ended the 2022/23 heating season with record fuel reserves in underground gas storages (UGS) – 60.4 billion cubic meters. m. This follows from the data of the association of European storage operators Gas Infrastructure Europe (GIE) on April 1. This is more than 2 times higher than in 2022 on the same date, and by 1.1 billion cubic meters. m, or 2% higher than the previous record value in 2020 (59.3 bcm). UGS occupancy rate at the end of the 2022/23 heating season was 55.6%.
The minimum level of gas in the storage facilities of the EU countries in the heating season 2022/23 was recorded on March 21 – 60.36 billion cubic meters. m. Then it began to grow, although on some days the net selection continued. Since March 29, there has been a net injection of fuel: by April 1, reserves increased by 34 million cubic meters. m, by April 2 – by 219 million cubic meters. m. As of April 2 (latest available data), reserves in European UGS facilities increased to 60.6 billion cubic meters. m, storage facilities are 55.7% full.
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