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Domestic Gas Reserves Hit Record High, Despite Zero Russian Imports this Year

CZECHIA
  • Ministers looked to allay any concerns surrounding gas storage, with Sikela confirming Czech gas storage tanks are now 90% full, lessening any dependence on Russia supply. This leaves gas reserves at an alltime record level, strengthening energy security “significantly ahead of schedule”.
  • Advance GDP data is due Monday, with growth expected to tick higher to +0.1% from 0.0%. The focus is set for later in the week, with the CNB decision due on Thursday. Markets expect rates unchanged at 7.00%.

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