MOSCOW, November 8. /TASS/. Gas withdrawals from European underground gas storage (UGS) facilities continue to grow, far outpacing pumping, according to data provided by Gas Infrastructure Europe (GIE).

Gazprom supplies gas to Europe via Ukraine in a volume of 42.4 million cubic meters (m3) per day to the Sudzha gas pumping station in the Kursk region of Russia.

Gas withdrawals in Europe increased 2.5 times in October, reaching the fourth highest level in history this month, while pumping was 38% lower than last year’s figures, reaching the lowest level since 2012. The price of gas on the European stock exchange is around $460 per 1,000 cubic meters.

“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, i.e. 42.4 million cubic meters as of November 8. The request for the Sokhranovka gas pumping station was rejected,” a Gazprom representative said. told reporters. The day before, pumping also amounted to 42.4 million cubic meters.

Gas pumping to UGS installations in EU countries amounted to 13.8 million cubic meters on November 6, according to data provided by Gas Infrastructure Europe (GIE). In the meantime, withdrawals reached 365 million cubic meters. European UGS facilities are currently 94.43% full (1.9 percentage points higher than the average of the last five years at this date), with 104.8 billion cubic meters of gas stored.

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 8.77 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 46% of their capacity.

The purchase price of gas averaged $456 per 1,000 cubic meters in Europe in October and was around $451 in November.