Record Russian LNG Imports Fail to Boost EU Winter Gas Reserves
/ Go to the mediabankIcebreaking LNG tanker Pyotr Stolypin is seen moored to the pier of the Zvezda shipbuilding complex in Primorsky Krai region, Russia.
/ Go to the mediabank
MOSCOW (Sputnik) — Despite record purchases of Russian liquefied natural gas (LNG) in the first half of 2026, EU gas storage levels remain at their lowest for this time of year in a decade and a half, according to data from Gas Infrastructure Europe (GIE) and EU regulators analyzed by Sputnik on Thursday. As of August 6, EU storage was around 57% full, well below previous years and the lowest seasonal level since monitoring began. To reach the EU’s adjusted 80% target by the heating season, injection rates must accelerate significantly. Meanwhile, Russian gas imports have not declined but increased. From January to May, pipeline gas imports rose 7% year-on-year, while LNG imports increased 11%, according to Agency for the Cooperation of Energy Regulators (ACER). Russian gas still accounts for about 12% of EU consumption. France, Belgium, and Spain remain the largest Russian LNG importers. Belgium received 100% of its LNG imports from Russia in July. The main problem is in Germany and the Netherlands, whose storage levels are below 50%: Germany at 47% and the Netherlands at 38%. Together, they hold about a quarter of EU storage capacity. Experts warn the EU risks entering the heating season with storage at just 67-76%, a historic low. High gas prices make it commercially unviable for countries to inject and store gas for winter. The EU has confirmed a gradual phase-out of Russian gas, with a full ban due by 2027. Analysts attribute rising Russian LNG purchases to long-term contracts still being honored. However, low storage levels reflect cold winter drawdowns, high demand, and supply constraints. EU officials continue to push for a complete phase-out of Russian energy.
WorldEU Doubles Purchases of Russian LNG in March19 May, 11:29 GMT
