Wednesday, December 17, 2014

Europe Gas Storage Data for 17-12-2014

European inventories were 81.11 percent full as of December 17, 2014, from 71 percent a year ago, according to Gas Infrastructure Europe, a lobby group of pipeline operators in Brussels.

376.99 million cubic meters of gas was withdrawn from storage facilities of Europe. Storage sites contained 67.63 billion cubic meters of gas which is 12.11 billion cubic meters more than 55.59 billion cubic meters of 2013 gas storage the same day. A net withdrawal from storage of 2.99 
Bcm for the week resulted in storage levels 21.65 % more than year-ago levels.

Ukraine has reduced natural gas reserves in its underground gas storage facilities by 26,26%, or by 4.4 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 12.35 billion cubic meters as of December 17 which means the storage is %38.66 full now.

During the week ending on December 17, Ukraine withdrew average of 77 million cubic meters of gas per day.Ukraine storage may cover as much as 160 days of consumption within this last week's average.

Europe Storage Data for  17-12-2014

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