Gas withdrawals from storage facilities in the EU reached a maximum since mid-December

Gas withdrawals from storage facilities in the EU reached a maximum since mid-December

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Now underground gas storage facilities (UGS) in the EU countries are filled to 77.06%, according to data Gas Infrastructure Europe. On January 23, gas extraction from storage facilities amounted to 766.5 million cubic meters. m. (approximately -0.74%), this is the maximum figure since mid-December 2022.

The volume of injection into UGS facilities is at the level of 11 million cubic meters. m. Since the beginning of the heating season in the EU (November 14), the states have taken 24.24 billion cubic meters from storage facilities. m of energy.

On January 7, a doubling of the use of the resource from UGS facilities by the EU countries was recorded. Yesterday, January 24, the price of gas in Europe went down up to $670 per 1 thousand cubic meters m after rising last week. Market participants attribute the stabilization of the EU energy market to favorable weather conditions and the successful replacement of gas supplies from Russia.

Read more about the use of UGS facilities in the EU – in the material “Kommersant” “Useful Burrows”.

Andrey Sapozhnikov

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