Dutch company Gasunie warns that storage targets cannot be met before this winter, with inventory at a record seasonal low

(1) Gasunie stated that the Netherlands cannot achieve its natural gas storage target of 115 billion kWh before this winter, mainly because restocking during the summer is “not commercially viable.” (2) The current natural gas storage level in the Netherlands is about 45%, the lowest for the same period since records began in 2009, and far below the five-year average of 73%. (3) Failing to meet the target does not necessarily mean there will be a supply shortage this winter, but without additional measures, the Netherlands will not be able to fully cope with an unusually cold winter. (4) Germany’s natural gas stocks are also at a seasonally low level, and network operators and political figures have recently issued warnings about supply risks for this winter.