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Steady Injection Rates Take EU Gas Storage Over 75% Full

NATGAS

Total European stores are up to 75.35% full on June 23 according to GIE compared to the five year seasonal average of 65.2% with injections rates back near to normal.

  • Net injections rates have increased to just 19.9% below normal in the week to June 23 compared to 28.4% the previous week. Injection rates since 21 June have been holding near normal.
  • Net injections averaged 2,824GWh/d in the week to June 23 compared to the five year average for the period of just under 3,530GWh/d.
  • Injection rates have averaged 30% below normal since the start of April and a continuation at this rate would bring European storage up to the EU target of 90% by September 5.
  • Storage in Germany is at 194.9Wh (78.8% full), Italy at 159.6TWh (79.8%), Netherlands at 97.3TWh (67.5%), France at 84.6TWh (65.6%). and Austria at 82.3TWh (81.9%).


Source: GIE / Bloomberg

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