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EU Gas Storage Injection Fell 44.5% Below Normal Last Week

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Injections into European gas storage fell further below normal last week but gas in store is still on course to reach EU pre winter target levels by September.

  • Net injections were 44.5% below the previous five year average levels in the week to June 9 compared to an average of 32% below since the start of the injection season.
  • Net injections averaged 2,136GWh/d in the week to June 9 compared to the five year average for the period of just over 3,850GWh/d.
  • An injection rate holding at 70% of the previous five year average over the remaining summer months would bring storage up to the EU target of 90% around the end of the first week of September.
  • Total European gas storage was up to 71.75% full on June 9 according to GIE compared to the five year seasonal average of 60.6%.
  • Storage in Germany is at 185.0Wh (74.8% full), Italy at 152.9TWh (76.4%), Netherlands at 94.3TWh (65.5%), Austria at 79.7TWh (79.3%) and France at 79.4TWh (61.6%).

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Injections into European gas storage fell further below normal last week but gas in store is still on course to reach EU pre winter target levels by September.

  • Net injections were 44.5% below the previous five year average levels in the week to June 9 compared to an average of 32% below since the start of the injection season.
  • Net injections averaged 2,136GWh/d in the week to June 9 compared to the five year average for the period of just over 3,850GWh/d.
  • An injection rate holding at 70% of the previous five year average over the remaining summer months would bring storage up to the EU target of 90% around the end of the first week of September.
  • Total European gas storage was up to 71.75% full on June 9 according to GIE compared to the five year seasonal average of 60.6%.
  • Storage in Germany is at 185.0Wh (74.8% full), Italy at 152.9TWh (76.4%), Netherlands at 94.3TWh (65.5%), Austria at 79.7TWh (79.3%) and France at 79.4TWh (61.6%).

Keep reading...Show less