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European Gas Storage Buffer Build-up

Sector: Energy • Location: Multiple European countries

Source: Market Screener

Project
Planned

European member states need to build a gas buffer during the northern hemisphere summer to reach an EU-imposed 90% storage target between October and the beginning of December. Current gas caverns and tanks across Europe are just above 35% full, below the seasonal norm of around 50%. The project aims to refill gas storage to prepare for the next winter amid potential disruptions in gas supply thro

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Project Information

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The project “European Gas Storage Buffer Build-up” is an infrastructure initiative in the Energy sector, located in Multiple European countries. Taiyo aggregates data on it from Market Screener.

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Participants

Sponsoring Agency

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Company

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Status

Original status

planned

Taiyo status

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Taiyo last update

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Available timestamps

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Contact

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Phone

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Email

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Address

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Description

Description

European member states need to build a gas buffer during the northern hemisphere summer to reach an EU-imposed 90% storage target between October and the beginning of December. Current gas caverns and tanks across Europe are just above 35% full, below the seasonal norm of around 50%. The project aims to refill gas storage to prepare for the next winter amid potential disruptions in gas supply through the Strait of Hormuz.

Original sub-sector

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Original Currency

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Original budget

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Procurement method

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Budget

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Location

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Source

Source reliability

High

Data quality score

100%

Source

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URL

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More Details

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