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Europe’s Gas Stores Over 80% Filled, Bulgaria Has Least Reserves – Novinite.com

Bulgaria It is one of the five European countries with the lowest underground filling levels. gas depository Facilities (UGS) – Latvia (49.7%), Hungary (62.52%), Austria (66.86%), Romania (73.5%) together with 61.74% filling level. According to data from gas Infrastructure Europe (GIE).

gas european underground stocks gas August storage (UGS) exceeded the target level of 80% for the upcoming heating season.At the same time, the import of natural liquids gas Sales to Europe were down 14% last month compared to July, but still hit a record high in August.

According to GIE data, Europe gas Storage increased by 13 billion cubic meters in August. This is his third largest amount this month since 2011. gas 850 million cubic meters, the lowest since 2017.

As of August 31, gas depository European reserves rose to 80.35%, 0.3 percentage points above the five-year average as of that date. We currently store about 86.5 billion cubic meters of gas. EU Member States have previously depository Have facilities at least 80% by winter 2022-2023 and 90% every winter thereafter. Maximum in 2021 depository The filling level observed on 21 October was just over 83 billion cubic meters (77.28%).

highest level depository Capacity is observed in Portugal and Poland (stock levels of 100% and 99.3% respectively). France (91.89%), Sweden (90.8%) and Denmark (94.62%) also rank high in reserves. Germany 84.26%, Italy 82.56%, Spain 84.71%, Netherlands 77.78%, Czech Republic 82.12%, Belgium 89.12%, Slovakia 75.01%. The five European countries with the lowest PGH utilization is Latvia (49.7%). Bulgaria (61.74%), Hungary (62.52%), Austria (66.86%), Romania (73.5%).

depository Capacity is filling up rapidly, mainly through the purchase of liquefied natural products. gas (LNG) at current super high prices amid dwindling supplies from Russia. The average price in June is gas In Europe it was about $240 per 1000 cubic meters, about $850 in July and already $215 per 1000 cubic meters in August.Peak price is gas It reached $3,541 for the first time since the beginning of March, approaching a historic record. The share price on March 7, 2022 was approximately $3,900.

But another short-term closure of Nord Stream will add to Europe’s difficulties in September – gas From the night of 31st August to the night of 3rd September, the supply was completely interrupted due to the repair of the remaining compressor unit. After completion of work on the facility and technical disposal, gas Transmission capacity will return to 33 million cubic meters per day.

Moreover, in September, European countries will face a significant decline. gas Exports from Norway are due to the large number of annual planned repairs to the country’s fields, gas transmission infrastructure. Supply in August remained at the level of He 300 million to He 330 million cubic meters. gas per day. According to Gassco, Norway’s largest single depletion of capacity is planned for Sept. 8, with about 185 million cubic meters per day unavailable. 165 million cubic meters on September 7, 161 million cubic meters on September 9, and 168 million cubic meters on September 10. A recovery in supplies from Norway to Europe can only be expected at the end of September.

Delivery of liquefied natural gas to Europe

Terminal delivery of liquefied natural products gas (LNG) exports to Europe in August were 10 billion yen, a record for the month. This increased from his previous record of 7.1 bcm in August 2019. However, his LNG receipts in Europe fell by almost 14% last month compared to July.

LNG regasification and beyond pipeline capacity in Europe is currently at 64% of peak capacity.

August’s record LNG delivery was thus the seventh largest monthly record for 2022. gas The flow from the LNG terminal will be the second largest for the month.Received liquefied natural gas in just eight months gas The total volume from the terminals of the European transmission system amounted to about 84.3 billion cubic meters.For comparison, during the same period Gazprom had 82.2 billion cubic meters of gas to foreign countries EU (Including shipping to China).

By importing records from EU Country to natural liquefy in 2022 gas become the largest supplier gas It is for Europe with a 32% share, according to August 14 data from the European Network of Grid Operators (ENTSOG).Goods from the North Sea (mainly Norwegian gas) is second with a 25% share. gas Supplies from the East (Russia gas,Ukrainian gas European companies withdrawing from Ukraine gas storage) is third with a 24% share.

At the same time, the share of liquefied natural gas August reports were even higher at 35%, 29% from Norway and 29% from Russia. gas Supply drops to 13%

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https://www.novinite.com/view_news.php?id=216554 Europe’s Gas Stores Over 80% Filled, Bulgaria Has Least Reserves – Novinite.com

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