Over 90% of gas pumped in summer already withdrawn from underground gas storage facilities in Europe

European gas storage facilities have already been emptied by 90.8% of the volume of gas pumped there in the summer, Report informs citing TASS.

As of February 12, the volume of active gas in European underground storage facilities was 22.9% or 9.9 billion cubic meters less than last year, according to the Gas Infrastructure Europe. Since January 11, 2022, the level of reserves in European UGS facilities has moved to​​record lows over a long-term observation period. As of February 12, stocks are 1 billion cubic meters less than the minimum figure for this date.

The situation is similar in Ukrainian UGS facilities where gas reserves fell to 10.8 billion cubic meters, a drop og 45.8% from last year and a decline of 4.5 billion cubic meters from the start of injection in April 2021.

The overall occupancy of UGS facilities in Europe fell below 34%. At the same time, the underground storage facilities in Germany and France have already been emptied by more than two-thirds.

Gas withdrawal from European UGS facilities usually continues until the end of March - mid-April, the Russian holding reminded.

The level of gas reserves in underground storage facilities in France fell below 30% on February 13, and in Austria it was even below 20%. At the same time, gas flows from LNG terminals to Europe's gas transmission system in February continue to flow at record rates for this month.