• $ 1.7
  • € 1.9498
  • ₽ 0.020266
  • ₺ 0.0384
  • £ 2.2565

Nearly 100B cubic meters of gas pumped into storage facilities in Europe

Nearly 100B cubic meters of gas pumped into storage facilities in Europe
13.10.2022 15:30
The level of occupancy of underground gas storages (UGS) in the European Union has reached 91.56%, which corresponds to 99 billion cubic meters, reported from the Gas Infrastructure Europe.

In countries with the largest gas storages in terms of volume, their occupancy exceeds 90%: it is 94.97% (22.6 billion cubic meters) in Germany, 93.27% (17.5 billion) in Italy, 98.27% (12.7 billion) in France, 93.27% (12.6 billion) in the Netherlands.

The total capacity of UGS facilities in the European Union is about 110 billion cubic meters.

Analysts noted that in the autumn-winter period, the region’s demand, as a rule, is about 250 billion cubic meters, that is, current reserves can cover about 40% of demand. However, the European Commission reported that UGS usually provide 25-30% of the gas consumed in Europe in winter.

www.anews.az
Similar news
Similar news
Commodity traders to submit bids for Italy's IP by May, sources say
Business 12:00
Commodity traders to submit bids for Italy's IP by May, sources say
Cotton steady as higher oil, grain prices provide support
Business 12:58
Cotton steady as higher oil, grain prices provide support
Türkiye inflation tumbles to 52% as disinflation proceeds
Business 16:30
Türkiye inflation tumbles to 52% as disinflation proceeds
KazMunayGas, Lukoil invest in Kazakhstan’s offshore future
Business 17:30
KazMunayGas, Lukoil invest in Kazakhstan’s offshore future
Denmark could block Russian oil tankers from reaching markets
Business 15:30
Denmark could block Russian oil tankers from reaching markets
Garibashvili: Georgia ready to play role of energy hub in region
Business 14:00
Garibashvili: Georgia ready to play role of energy hub in region
3 EU countries push for lower price on Russian oil cap
Business 14:00
3 EU countries push for lower price on Russian oil cap
UK imposes sanctions against 4 Russian banks
Business 14:30
UK imposes sanctions against 4 Russian banks
Fitch: Economic damage from earthquake in Turkiye may exceed $4B
Business 19:00
Fitch: Economic damage from earthquake in Turkiye may exceed $4B
Anews TV

Our official Youtube channel

Subscribe