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Gazprom Warns of Anomalously Cold Winter as Europe Falls Short on Gas Storage

Gazprom frames the risk around below‑target European reserves.

Overview

  • Gazprom CEO Alexey Miller said long‑term forecasts point to an unusually cold winter occurring roughly once every 20 years, speaking at the St. Petersburg International Gas Forum.
  • He cited a potential benchmark of minus 25°C across the European part of Russia from Murmansk to Krasnodar, while withholding country‑level figures for Europe.
  • Gazprom reported Europe’s underground gas storage at about 82.7% and said reaching the customary 90% pre‑winter goal looks unlikely.
  • The company warned that severe cold could jeopardize gas supply stability and cast its core mission as ensuring a smooth passage through the autumn–winter period.
  • A Moscow meteorologist separately said the capital’s winter is likely to be warm with a positive temperature anomaly, with December near or slightly below norms and last winter showing a +3.3°C seasonal anomaly.