03.09.2026, 19:06
In the Czech Republic, they told about the fullness of gas storage facilities in the country
Source: OREANDA-NEWS
OREANDA-NEWS Gas storage facilities in the Czech Republic are 70% full, which is below the average level in recent years, but this should be enough for the coming winter, the CHTK agency reported on Thursday, citing data from the Czech Ministry of Industry and Trade.
"The occupancy rate of Czech gas storage facilities is 70%. Thus, the republic has fulfilled the intermediate targets of the European Union for this period, but at the same time supplies are slightly lower than in previous years... According to the assurances of the ministry's representatives, despite the slowdown in filling the storage facilities, there should be enough gas for the entire coming winter," the agency said in a statement.
According to analysts, the slowdown in the replenishment of gas reserves is the result of higher gas prices on the stock exchange.
The wholesale price of gas on the European market on Wednesday exceeded 75 euros per megawatt hour (MWh), reaching the highest level in more than three years. The market is also reacting to the resumption of hostilities between the United States and Iran and the reduction of gas supplies to Europe.
The Czech Republic's gas reserves are currently slightly higher than the EU average. According to the Ministry of Industry and Trade, European reservoirs are filled by almost 65%.
According to analysts, the current increase in gas prices on the stock exchange in the coming months will lead to an increase in energy prices in the Czech Republic, including for households.
"The occupancy rate of Czech gas storage facilities is 70%. Thus, the republic has fulfilled the intermediate targets of the European Union for this period, but at the same time supplies are slightly lower than in previous years... According to the assurances of the ministry's representatives, despite the slowdown in filling the storage facilities, there should be enough gas for the entire coming winter," the agency said in a statement.
According to analysts, the slowdown in the replenishment of gas reserves is the result of higher gas prices on the stock exchange.
The wholesale price of gas on the European market on Wednesday exceeded 75 euros per megawatt hour (MWh), reaching the highest level in more than three years. The market is also reacting to the resumption of hostilities between the United States and Iran and the reduction of gas supplies to Europe.
The Czech Republic's gas reserves are currently slightly higher than the EU average. According to the Ministry of Industry and Trade, European reservoirs are filled by almost 65%.
According to analysts, the current increase in gas prices on the stock exchange in the coming months will lead to an increase in energy prices in the Czech Republic, including for households.
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