They were 79.4% full on August 27th, while the goal is to be 80% full by November 1st.
Two months ahead of schedule she is going to succeed European Union its aim to fill natural gas storage as countries prepare for a difficult winter, with Russia cutting supplies and driving up prices.
In accordance with Bloomberg, the natural gas storages in the E.U. they were 79.4% full on August 27th, while the goal is to be 80% full by November 1st.
Rules on natural gas storage were tightened this year after levels last winter proved lower than in previous years, particularly at German facilities controlled by Russia’s Gazprom.
Gas storage helps countries better absorb any supply shock, while it covers about 25% to 30% of winter consumption.
With higher stockpiles, European countries are in a slightly better position to face further supply cuts as Gazprom starts an unexpected maintenance shutdown tomorrow Nord Stream pipeline.
Cooler temperatures expected across Eastern Europe and parts of the Iberian Peninsula next week will also help countries save more on natural gas, as less energy will be needed for cooling.
European natural gas prices yesterday marked the biggest plunge since March, after the Germany stated that its warehouses are filling up faster than planned. In particular, they are expected to achieve the October national goal of 85% occupancy as early as September, as stated by Economy Minister Robert Hambeck.
In Polandwarehouses were almost 100% full on August 27, while in Portugal were full. The Italian warehouses they were filled to 81%, the Hungarian ones to 62% and the Bulgarian ones to 60%.
THE France it has filled more than 90% of its stores and estimates that it has enough fuel to cope with a winter of average temperatures
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