EU says gas supply remains secure despite historically low storage levels
The European Commission affirmed that gas supplies across the EU are stable even though storage volumes are below historic averages.
The European Commission announced that the Union's gas supply chain remains reliable despite storage levels falling beneath long-term norms. This assurance followed a meeting of the Gas Coordination Group, a forum that gathers the Commission, EU governments and industry participants to monitor market conditions ahead of the 2026-2027 winter season. Preliminary findings from the European Network of Gas Transmission System Operators will be incorporated into an upcoming winter-preparation report.
Regulators also highlighted that the EU's supply-security rules guarantee gas for protected consumers in the event of severe disruptions. While geopolitical tensions and market swings persist, the Commission noted that diversification of sources and increased LNG capacity have reduced reliance on Russian gas since the 2022 conflict.
How this story developed
- Sep 3 European gas prices hit three-year high as winter energy outlook grows bleak
- Sep 12 Rough’s production licence is set to expire in April, ending extraction at the site.
- Sep 24 Gas storage levels are now reported at about 69% of capacity, below the usual seasonal target.
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