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Germany’s Gas Storage Lags Below Historical Averages as LNG Bolsters Supply

Revised EU rules impose an 80 percent fill requirement by November with 15 point flexibility

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Overview

  • Germany’s gas storages stood at an average of 49 percent fill by late June, roughly 11 percentage points below the 2017–2021 mean
  • The Rehden facility in Lower Saxony is only 2.21 percent full, levels not seen since it dipped below 1 percent during the 2022 energy crisis
  • The Bundesnetzagentur says expanded LNG import terminals on the North and Baltic Seas now offset lower storage volumes and ensure supply security
  • An EU regulation now mandates that most gas reserves reach 80 percent capacity by November 1 with up to 15 percentage points of leeway
  • Industry experts warn that even the relaxed fill targets and current injection pace may leave Germany exposed to shortages in a harsh winter