Europe's Gas Supply Stable Despite Increased Winter Demand

Experts report sufficient storage levels across the continent, with no immediate risk of shortages or price surges despite cold weather and reduced Russian imports.

• European gas storage levels remain relatively high, with an average fill rate of 62.6%, and Germany's storage at 67.4%.
• Increased gas consumption due to colder-than-usual temperatures has led to above-average withdrawals from storage facilities.
• The cessation of Russian gas transit through Ukraine, which began at the start of the year, has not disrupted supply stability in Europe.
• Experts predict storage levels could drop to 30% by March, emphasizing the importance of refilling storage during the summer months.
• Despite higher winter demand, gas prices are not expected to spike, aided by Europe's robust storage infrastructure and diversified import sources.

5 Articles

Der Tagesspiegel Der Tagesspiegel Die Rheinpfalz Stern Westdeutsche Allgemeine Zeitung