At the end of the 2021-2022 gas winter, French storage stood at 23% percent full, a level close to the average for recent years (since 2018-2019).
In mid-May, the level had risen to over 40% full, one month early compared with 2021. Meanwhile, Teréga’s storage level is verging on 50% full.
Anticipation of winter 2022-2023, against the extraordinary backdrop of the Russia-Ukraine conflict, with a forecast reduction in imports of Russian gas by Europe, means there is a need to fill French storage to the maximum.
Filling of the storage to 100% is possible, even bearing in mind the small amounts of Russian gas being imported and exports to Switzerland and Belgium which are currently at maximum capacity, provided that supplies via the methane terminals and Spain are at very high usage levels, in line with the flows being seen since the start of the injection period.
French gas transport grid capacities are therefore sufficient to allow shippers to ensure their storage facilities are well filled between now and 31st October.
New Biomethane Industrial Partnership announced in REPowerEU
Conversion of Terega’s €250m Revolving Credit Facility into Sustainability-Linked Revolving Credit Facility
Teréga and the COM CI COM ÇA agency win two major awards at TOP/COM Corporate Business which honours the 3D animation “2050, a world of renewable energies”