Europe printed its gas reserves

Europe printed its underground gas storage (PCG). It is reported by RIA Novosti with reference to the Gas Infrastructure EUROPE platform (GIE).

As of October 13, European consumers have entered during net selection: gas injection in EU PCH for the first time since April turned out to be significantly lower than the volumes for the last 24 hours. At the same time, the fence began when the storages were filled with only 78 percent. This indicator was the worst over the past five years.

EvroComissar on Energy issues Cadri Simson stated that Europe has enough gas reserves for the winter. She noted that the current volumes of stocks are “limited, but sufficient to cover the needs of Europeans.”

Earlier, the head of the Bundestag Committee on Economics and Energy Claus Ernst found a way to reduce the cost of gas in Europe. He stated that the early launch of the “Northern Flow-2” will be able to stabilize the prices of energy market. According to the head of the Committee, the growth value of the gas is not related to the actions of Gazprom. The Government of Germany also stated this. Claus Ernst stressed that the Russian energy supplier fulfilled all its obligations under contracts. Opinion the policy agrees and the European Commission. Earlier in October, the EU executive body published a message in which he stressed that Gazprom fulfilled all contractual obligations.

/Media reports.