MOSCOW, November 14. /TASS/. Gas withdrawals from European underground gas storage (UGS) installations have increased sharply since the beginning of November 2024, in the context of a cold snap, reaching a level almost 50 times higher than that of pumping, according to data provided by Gas Infrastructure Europe (GIE). Meanwhile, Gazprom supplies gas to Europe via Ukraine at a rate of 42.4 million cubic meters (m3) per day to the Sudzha gas pumping station in Russia’s Kursk region.

As of November 12, gas pumping to UGS installations in EU countries amounted to 10 million cubic meters, according to data provided by Gas Infrastructure Europe (GIE). In the meantime, withdrawals reached 486 million cubic meters. European UGS facilities are currently 92.58% full (0.54 percentage points higher than the five-year average as of this date), with 102.76 billion cubic meters of gas stored.

“Gazprom supplies Russian gas for transit through the territory of Ukraine in a volume confirmed by the Ukrainian side through the Sudzha gas pumping station, which is 42.4 million cubic meters as of November 14. Demand for the gas pumping station gas pumping from Sokhranovka was rejected,” said a Gazprom representative. told reporters. The day before, pumping also amounted to 42.4 million cubic meters.

Total LNG supplies from terminals to the European gas transport system reached their lowest level since October 2021 in August, although they returned to growth in the autumn, reaching 8.8 billion cubic meters in October, or 11% more than in September. That said, this month the level is the lowest since 2021. Facilities for regasification of liquefied gas and its subsequent pumping into European gas pipelines are now loaded at 45% of their capacity.

The purchase price of gas averaged $456 per 1,000 cubic meters in Europe in October and was around $467 in November.