Romania stores 2.553 billion cubic meters of natural gas, 603 million cubic meters more than on the same date last year, corresponding to a percentage of 80.17% of the country’s total capacity, according to information sent to Agerpres by CEO Ion Sterian. Transgaz.

Romania’s total storage capacity this year is 3.170 billion cubic meters, 100 million cubic meters more than last year, thanks to investments by Depogaz (natural gas storage subsidiary Depogaz Ploiesti SRL, wholly owned by Romgaz, no.

On the other hand, since Friday, the state-owned company Energocom, a gas supplier from the Republic of Moldova, has started storing gas in Romanian warehouses, the same source reports.

According to Reuters data, natural gas inventories in Europe hit a record high for this time of year on the back of record production fills last winter, despite relatively slow additions since early April.

Repositories are already more than 87% full, compared to an average of just 71% over the past 10 years on the same date.

Prices for gas delivered in the summer of 2023 have already fallen sharply to stimulate increased consumption by industrial consumers and power producers.

Lower prices in Europe will also ensure that more liquefied natural gas (LNG) is directed to price-sensitive consumers in Asia and Latin America.