Gas injection into UGSFs in Europe exceeds withdrawal for 1st time in current season

Injection of gas into European underground storage facilities exceeded withdrawal for the first time since the start of the heating season (mid-November), and wind power generation in the region surged last week, reported from the Wind Europe Association and the Association of Gas Infrastructure Operators of Europe (Gas Infrastructure Europe, GIE).

The average generation at wind farms in the region last week amounted to 21.29%, which is 8.64 percentage points more than the previous week. Prior to that, the figure had been falling five weeks in a row, and in the first weeks of December fell sharply to just over 10% from almost 20%.

Thus, according to the GIE, at the end of the gas day on December 24 (at 9 am in Baku – GMT +4 - on December 25), the stocks of gas in EU UGS facilities for the first time since November 14 reached 82.98% of the nominal storage capacity, having risen by 0.11 p.p.

As for the supply of Russian gas to Europe through the Ukrainian gas transportation system, they remain at the level of 40-43 million cubic meters per day. According to the data of the GTS Operator of Ukraine, Gazprom's application for pumping through the Sudzha gas measuring station (GIS) as of December 26 is 42.4 million cubic meters.

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