Storage

Energy Storage Levels — EU Gas Storage, US SPR & Global LNG

Strategic energy storage — gas, crude oil, LNG and SPR facilities worldwide

Live storage tracker EU storage trajectory → Oil inventories →

~46.1%

521.08 TWh on Jun 20 (AGSI+) — vs ~51% a year ago, ~12pp below the 5-yr norm. Recent injection ~+0.19pp/day — BELOW the pace needed for the relaxed 80% Nov 1 target.

357.1 Mbbl

−8.6 Mbbl wk ending May 8 — largest single-week draw of this cycle. DOE May 11 awarded additional 53.3 Mbbl release; total US IEA contribution 172 Mbbl.

~2,280 Bcf

+153 Bcf above 5yr avg (+7.7%) · only major storage surplus globally.

Critical fill (<30%)

Watch (30–60%)

Normal (>60%)

Key Facilities

Ras Laffan LNG · Qatar

~5% operational · missile strike Mar 18–19

EU Gas Storage Network

46.09% fill (Jun 20) · ~12pp below 5-yr avg · injection ~+0.19pp/day, below pace

Kuwait Gulf Tank Farms

~90% full · Hormuz exit blocked

US Strategic Petroleum Reserve

357.1 Mbbl (May 29) · −8.0 mbbl w/w · ~58 mbbl since Feb 28 · lowest since late 2023 · WPSR today

US Natural Gas Storage

~2,280 Bcf · +5-7% above 5yr avg · injection season

Why It Matters

EU gas storage stands at 46.09% (June 20, AGSI+) versus ~51% a year ago — still below the 2022 crisis benchmark, with Middle East LNG imports at post-2019 lows. The mandatory storage target has been relaxed from 90% to 80% for the 2026 winter (ACER flex provisions). Recent injections have slowed to ~+0.19pp/day over June 16-20 — below the ~+0.26pp/day minimum needed to reach the relaxed 80% by November 1. At the current pace the trajectory projects to ~72% by November 1, below the relaxed target; storage remains ~12pp under the 5-yr seasonal norm. Full curve on the trajectory page.