Overview
- The storage association Ines reports inventories at 75% after continuous gains since early July.
- With currently booked capacities, storage levels are projected to reach about 81% by November 1.
- The legal requirement for roughly 70% by November was already met at the end of August.
- Ines cautions that a severe-cold scenario could exhaust Germany’s storage by the end of January 2026.
- Ines links the risk to higher recent demand and slower fills elsewhere in Europe, with supply still dominated by pipelines as LNG terminals provided about 15% of imports on Monday.