Saturday, December 13, 2014

Europe Gas Storage Data for 12-12-2014

European inventories were 83.33 percent full as of December 12, 2014, from 73.03 percent a year ago, according to Gas Infrastructure Europe, a lobby group of pipeline operators in Brussels.

503.64 million cubic meters of gas was withdrawn from storage facilities of Europe. Storage sites contained 69.47 billion cubic meters of gas which is 12,29 billion cubic meters more than 57.18 billion cubic meters of 2013 gas storage the same day. A net withdrawal from storage of 2.74 
Bcm for the week resulted in storage levels 21.49 % more than year-ago levels.

Ukraine has reduced natural gas reserves in its underground gas storage facilities by 24.05%, or by 4.3 billion cubic meters , since the start of the 2014-2015 heating season, according to preliminary data from gas transport operator Ukrtransgaz.

As of October 19 2014, Ukrainian facilities had 16.75 billion cubic meters of gas at the end of its gas injection season, while this figure was 12.72 billion cubic meters as of December 12 which means the storage is %39.84 full now.

During the week ending on December 12, Ukraine withdrew average of 96 million cubic meters of gas per day.Ukraine storage may cover as much as 133 days of consumption within this last week's average.

Europe Storage Data for 12-12-2014

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