Total European stores on track to reach target well ahead of the coming winter with stores already up to 77.39% full on June 30 according to GIE. Net injection rates have risen back up near normal in recent days to keep stores well above the five year average of 67.35% full.

  • Net injections rates increased again last week to just 6.9% below normal in the week to June 30 compared to 19.9% below the previous week. Injection rates edged back above normal on June 29-30.
  • Net injections averaged 3,312GWh/d in the week to June 30 compared to the five year average for the period of 3,557GWh/d.
  • Injection rates have averaged 27.7% below the previous five year average since the start of April and a continuation at this rate would bring European storage up to the EU target of 90% just before the end of August.
  • Storage in Germany is at 201.1Wh (81.3% full), Italy at 164.5TWh (82.2%), Netherlands at 98.6TWh (68.5%), France at 87.7TWh (68.0%). and Austria at 83.6TWh (83.2%).


Source: MNI / GIE

NATGAS: EU Gas Storage on Track for Target by End of August

Last updated at:Jul-02 14:38By: David Lee

Total European stores on track to reach target well ahead of the coming winter with stores already up to 77.39% full on June 30 according to GIE. Net injection rates have risen back up near normal in recent days to keep stores well above the five year average of 67.35% full.

  • Net injections rates increased again last week to just 6.9% below normal in the week to June 30 compared to 19.9% below the previous week. Injection rates edged back above normal on June 29-30.
  • Net injections averaged 3,312GWh/d in the week to June 30 compared to the five year average for the period of 3,557GWh/d.
  • Injection rates have averaged 27.7% below the previous five year average since the start of April and a continuation at this rate would bring European storage up to the EU target of 90% just before the end of August.
  • Storage in Germany is at 201.1Wh (81.3% full), Italy at 164.5TWh (82.2%), Netherlands at 98.6TWh (68.5%), France at 87.7TWh (68.0%). and Austria at 83.6TWh (83.2%).


Source: MNI / GIE