Gas reserves in European UGS facilities approach 50%

Gas reserves in European UGS facilities approach 50%

Gas reserves in European underground gas storage (UGS) facilities have reached a significant milestone, approaching 50% capacity. According to Gas Infrastructure Europe (GIE) data, as of June 2, 2025, the gas reserves in UGS facilities totaled 54 billion cubic meters (bcm), which is 30% lower than the previous year [1]. This marks a notable shift from the 70.4% full capacity recorded in 2024.

The European Commission has emphasized the importance of maintaining high gas reserves, particularly for the upcoming winter period. The Commission has requested that EU member states ensure their UGS facilities are at least 90% full by November 1 of each year to prepare for potential supply interruptions or abnormally cold weather [1].

The increase in gas reserves can be attributed to several factors, including a record level of LNG imports by EU countries in May 2025. LNG imports reached an all-time high of 12.75 bcm, significantly contributing to the current reserve levels [1]. Additionally, the pumping of gas into UGS facilities in EU countries amounted to 391 million cubic meters (mcm) on June 2, while withdrawal fell to 17 mcm [1].

Despite the progress, the current 49.2% capacity is 10.81 percentage points lower than the average as of this date in the past five years [1]. This highlights the need for continued vigilance and strategic planning to maintain adequate gas reserves.

The development of non-commodity exports from Russia to China holds significant potential, spanning various sectors such as gas chemistry, metallurgy, timber processing, and shipbuilding [1]. However, the geopolitical landscape remains complex, with ongoing conflicts and diplomatic tensions impacting energy trade and reserves.

The European Union's focus on diversifying its energy sources and strengthening its energy security is evident in its efforts to ensure adequate gas reserves. As the winter season approaches, maintaining high gas reserves will be crucial for the EU's energy security and stability.

References:
[1] https://tass.com/economy/1968361