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Gazprom Reports Record Holiday Gas Withdrawals From European Storage

The company warns that below‑average inventories could strain winter gas supply.

Overview

  • Gazprom said withdrawals from European underground gas storage on December 24–25 were the highest ever recorded for those dates.
  • Total European storage stood at 66.3 bcm on December 25, which the company reported is 9.9 bcm below the same date last year.
  • German inventories fell below 60% by December 25, reaching that threshold about a month earlier than last winter.
  • Dutch storage levels were at roughly 52.5% on the same date, according to the company.
  • Gazprom highlighted the Baltic region as especially vulnerable, citing Inčukalns at 49.5% fill and warning that low stocks could jeopardize reliable supply through winter and potentially extend withdrawals into spring.