Europe starts consuming gas from re-storage facilities at the end of the Christmas holiday

No time to read?
Get a summary

European countries started to use gas from storage facilities again after the Christmas holidays, despite the fact that the weather was quite hot. About informs “Interfax” referring to operators’ data.

The current level of gas reserves in Europe fell from 11.7 bp to 83.18%. higher than the average of the last five years. At the same time, stocks fell 0.03 points on December 27. Before the same three days, the injection size was higher than the fuel withdrawal.

At the same time, gas prices in the European market fell due to warmer weather and Christmas celebrations. But since the beginning of the working week, the situation has changed in the direction of growth. For example, the day-ahead delivery contract at the TTF headquarters in the Netherlands was 844 per thousand cubic meters. January figures are now $919.

December 28, Gazprom head Alexey Miller declarationHe said that in 2022, global gas demand fell by 65 billion cubic meters, with the majority of this figure falling to EU countries. We’re talking about 55 of 65 billion cubic meters accounted for by 27 European countries, and “that says a lot”.

Prior to that, citing data from the European steel association Eurofer, RIA Novosti reported that gas prices in the European Union may remain at historic highs in the I-III quarter of 2023.

No time to read?
Get a summary
Previous Article

The specialist spoke about the fate of the Russian alcohol market at 2023.

Next Article

Suvorov and II in Odessa. The dismantled monuments of Katerina were transferred to the art museum at .