European gas storage units nearly 70% full, on course for October target

Europe’s gas storage facilities are estimated to be close to 70 percent full in early August, according to data provided by Gas Infrastructure Europe (GIE), representing the continent’s gas infrastructure operators.

Europe’s gas storage units continued being filled at a rapid rate in late July, despite the reduction of Gazprom’s gas supply through the Nord Stream I pipeline, now operating at just 20 percent of capacity.

Given the continent’s current gas storage levels, European authorities are confident an 80 percent objective can be achieved by early October. However, storage level discrepancies between EU member states remains a challenge that needs to be dealt with.

German gas storage units are now 70 percent full, while the level in Italy is higher, at 73 percent. On the contrary, gas storage facility levels are far lower elsewhere, registering 48 percent in Bulgaria, 24 percent in Ukraine and 53 percent in Croatia.