The filling level of gas storage facilities in Germany has exceeded 76%, the goal of filling up to three-quarters by September 1 has been achieved, according to the Federal Network Agency.
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Germany has previously adopted legislative amendments that oblige gas storage operators to fill them by 95% by November. According to the new resolution, storage facilities must be at least 75% full by September 1, and at least 85% by October 1.
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“The overall storage rate in Germany is 76.11%,” the regulator said in a statement.
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Since last Friday, the level has risen by 1.72 percentage points. Thus, the plan to fill up to 75% by September 1 was completed ahead of schedule.
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The Federal Network Agency notes that gas is being pumped into storage facilities.
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It is specified that Germany’s largest underground gas storage facility (UGS) Rehden, which was previously owned by Gazprom through subsidiaries and in which gas was less than 1% of the volume in April, is now 54.76% full. This figure has increased by 2.48 percentage points since last Friday.
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According to the regulator, the security of gas supplies in Germany is still guaranteed. As for the Nord Stream, gas flow through it remains at a level of about 20% of its maximum capacity.
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The agency noted that wholesale gas prices remain at very high levels due to reduced supply.
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“Companies and private consumers should prepare for a significant increase in gas prices,” the agency said.
