Gas reserves in European underground storage facilities rose to 60.78% as of the end of the gas day on August 15, according to Gas Infrastructure Europe (GIE), the association of European gas infrastructure operators.

This is 17.02 percentage points below the average level for this date over the past five years.

Over the last seven days, average net injections amounted to 301 million cubic meters per day, which is 15.1% less than the five-year average.

The level of natural gas reserves in Europe is a key indicator for the global gas market. The total capacity of the EU storage system is 109 billion cubic meters of active gas. In the global LNG market, Europe has become the largest importer overall.