Insight
European gas storage is overflowing - can Ukraine provide a lifeline?
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
By the end of March, Europe still had 57 bcm of storage in place, a record by some distance for this time of year. This further weakens an already oversupplied summer market, as storage injections will be severely constrained. However, as suppliers and buyers look to place gas in the market there is potential to use the so far underutilised Ukrainian storage facilities to park some of this gas until the market improves either next winter of during following years. In this Insight we review the storage market and look at the possibility of using this capacity in Ukraine.
Table of contents
- Introduction
- Winter 2020 storage utilisation
- Summer fill 2020
- Ukraine Storage Availability
- Conclusions
Tables and charts
This report includes the following images and tables:
-
Monthly European storage inventoryEuropean storage withdrawals 1Q2020TTF price differentials and daily storage withdrawals
-
Individual country positions at the end of MarchEuropean storage fill requirements for summer 2020Historical Ukrainian storage utilisationSummary of costs for storing and transmitting gas via Ukraine
What's included
This report contains:
Other reports you may be interested in
Asset Report
EemsEnergyTerminal - Eemshaven FSRU
The Eemshaven Energy Terminal is an operational floating LNG terminal located in the Eemshaven seaport, Groningen, in the northeast of ...
$1,450
Insight
European power volumes and prices: H1 2022 in review
Security and affordability take centre stage as the energy crisis unfolds
$5,000
Insight
European gas storage operators under pressure
Low summer-winter price spreads in Europe are making it difficult for gas storage owners to cover their costs. We review the key issues.
$950
