EU gas reserves drop below 88%

Gas reserves in Europe’s underground storage facilities have dropped below 88%, Report informs referring to TASS.

Liquefied natural gas (LNG) supplies to the region in December are slightly higher than the previous month.

Gas prices on the stock exchange in Europe dropped below $380 per 1,000 cubic meters. Gazprom supplies gas to Europe in transit through Ukraine in the amount of 42.4 million cubic meters per day through the gas measuring station “Sudzha.”

Gazprom supplies Russian gas for transit through the territory of Ukraine in the volume confirmed by the Ukrainian side through Sudzha - 42.4 million cubic meters on December 21. The application for the Sokhranovka gas measuring station was rejected, a Gazprom representative told reporters.