European gas storage levels in April are down 42% year-on-year

By the beginning of the second half of April, the EU's underground gas storage facilities (UGS) were only 36% full, 42% below last year's level. At the same time, the volume of gas withdrawals remains almost twice as high as in 2024, despite the heating season ending on March 28. Total net withdrawals for the mentioned period amounted to about 69 billion cubic meters - 54% more compared to a year earlier.

According to Gas Infrastructure Europe (GIE), on April 16, 207 million cubic meters of gas was pumped into EU storage facilities, while withdrawals amounted to 59 million cubic meters.

To meet the European Commission's goal of filling storage facilities by 90% by November, EU countries will have to pump at least 61 billion cubic meters—almost 50% more than last season.

Meanwhile, imports of liquefied natural gas to Europe continue to grow. In April, the volume of supplies exceeded the record March figures, increasing by 21% compared to the same period in 2024. At the same time, the utilization of regasification capacities reached 54%. The information is provided by TASS.