European gas reserves low but not yet critical

Published on July 9, 2026

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Swissinfo
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The Middle East conflict has depleted European gas storage capacities below the normal range. Experts do not expect the shortfall to be made up in time for winter. "European gas storage levels are very low, and they are likely to remain low as we head into winter," Andy Sommer of the Swiss energy group Axpo told the AWP news agency. He estimates they will rise to 70% to 75% by the late autumn compared to typical levels of 85% to 90%. These figures would be at the lower end of the historical range, but not yet critical. However, it is a level that makes the system more vulnerable to shocks. “The key factor is how cold the winter will be,” says Sommer. Switzerland dependent on Europe At present, gas storage facilities in the EU are 50.9% full, according to data from the industry association Gas Infrastructure Europe. This level is therefore below the long-term average: over the past ten years, the figure at this time of year has been 66%. + Why Switzerland depends heavily on fossil ... Full story here Are you the author?

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