Overview

• AGSI data for August 21 show German storage at 67.66% versus an EU average of 74.76%, with Belgium at 89%, Poland 85%, France 83% and Austria near 80%.
• Rehden, Germany's largest storage site, remains only about one‑fifth full, leaving a significant share of national capacity underused.
• The Economy Ministry and Bundesnetzagentur see no acute shortage risk, citing steady Norwegian pipeline flows alongside four floating LNG terminals.
• The storage operators' group Ines says fully refilling by November 1 is already technically impossible and warns stocks could be exhausted by late January in an extremely cold winter.
• Lower inventories reflect relaxed fill rules and high summer prices that discouraged injections, though industry voices expect continued filling that meets legal targets.