economy
April 19, 2026
GURUMAS GASPROM A Worrying Message for Europe
The filling of underground gas storage facilities (UGS) in Europe is complicated this season due to the price situation, Gazprom announced.
TL;DR
- Gazprom states that filling underground gas storage facilities in Europe is complicated this season due to price situations.
- Several European countries, including Germany, Austria, the Czech Republic, and Poland, are withdrawing gas from storage.
- Gas prices for May-September delivery are higher than for the following winter on the Dutch TTF hub.
- EU gas storage facilities are currently filled to 29.5%, containing approximately 32.3 billion cubic meters of gas.
- The European Commission requires EU countries to ensure their gas storage facilities are filled to 90% by October 1st each year.