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EU gas reserves have reached an absolute record, and pipeline supplies from Russia continue at maximum capacity.

Gas storage facility

Gas volumes in the EU have risen to their highest level ever and continue to grow, according to data from Gas Infrastructure Europe. The current inventory level has reached 92.65%, 12% higher than the average for these exact dates over the past five years.

Several countries are still behind the 90% benchmark, which must be reached before the start of the withdrawal season. France, Romania, and last year’s outsider Latvia are accumulating gas supplies.

At the same time, European terminals for receiving LNG in July worked with average 56% productivity; since the beginning of August, loading has been only 50%. Daily August LNG imports may be less than in 2021.

As for the supply of Russian gas, it continues. According to The GTS Operator of Ukraine, the latest requests from Gazprom for transportation amount to 42.4 million cubic meters daily. This is the maximum technically possible throughput, considering all restrictions introduced by the Ukrainian side.

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