Overview
- Net withdrawals from EU underground storage now exceed 20 billion cubic meters since the heating season began on October 13, with roughly 25 bcm removed in gross terms.
- Total gas in storage is about 71 bcm, leaving sites 64.25% full, roughly 10.6 percentage points below the five‑year average and down from 74% at this time last year.
- Gazprom says withdrawals on December 24–25 were the highest on record for those dates, with aggregate inventories at 66.3 bcm on December 25.
- Company data show Germany’s storage at 59.8% and the Netherlands at 52.5% over Christmas, levels reached later in the season last year.
- The Baltic region faces particular strain as Latvia’s Inčukalns storage stands at 49.5% after starting the season near 61%, with Gazprom warning that rapid drawdowns threaten reliable supply in cold spells and could extend withdrawals into spring.