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Germany's Gas Storage Falls to 58.7% as Cold Snap Lifts Demand

Officials classify the risk as low, with a call for prudent use due to import dependence.

Overview

  • AGSI+ shows storage at 58.7%, down about 4.5 percentage points over the past two weeks.
  • The faster drawdown is linked to very cold weather, higher heating needs, increased industrial use, and lower starting fills earlier in the year.
  • Current levels sit well below the late-December 2017–2021 average of roughly 74%.
  • The Bundesnetzagentur reports a stable supply situation and currently assesses a low risk of strain, with continued monitoring.
  • The Nov. 1 mandate for at least 70% was met, and policy anticipates about 30% by Feb. 1 (40% at four Bavarian sites), with officials urging conservative consumption due to import dependence.