European gas storage levels reached 90% on Oct. 5, in line with their average over the 2017-2021 period, exceeding pre-winter targets by the European Union, according to data from Gas Infrastructure Europe (GIE).
Germany, hardest-hit by Russia's reduced gas flows and home to the largest storage capacities in the EU,
saw storage just over 93% full, close to a more ambitious goal it has set itself for aiming to be 95% full by November.
As winter supplies look more secure, some traders and
analysts have warned the real test will be re-filling storages next year without Russian gas and as the EU target rises to 90% by Nov. 1.
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