Fujairah: Italy's natural gas reserves have approached 80%, more than two months ahead of the October 31 storage deadline, though levels remain lower than those recorded at the same point last year.
According to Emirates News Agency, data released by Gas Infrastructure Europe (GIE) shows that Italian gas storage reached 79.78 percent, equivalent to approximately 162.3 TWh. This is in contrast to the 85.56 percent (173.7 TWh) recorded during the corresponding period last year.
Across Europe, overall gas storage exceeded 61 percent, standing at 61.37 percent, which translates to about 693.6 TWh. This marks the lowest level recorded for this time of year since 2009, a decrease from the 74.36 percent logged on August 19, 2025.
In Germany, which holds Europe's largest storage capacity, inventories crossed the 50 percent threshold for the first time this year. The levels reached 50.06 percent, compared to 67.5 percent during the same period last year.