MOSCOW, June 23. /TASS/. Europe's daily imports of liquefied natural gas (LNG) fell to their lowest level in more than one and a half years by the end of June 2026, despite extreme heat and the need to refill depleted underground gas storage facilities, according to TASS calculations based on data from Gas Infrastructure Europe (GIE).
Since the beginning of June, LNG flows from European terminals into the EU gas transmission system have declined by 20% compared with the same period a year earlier. In particular, on June 21, daily LNG imports fell to their lowest level since November 2024, amounting to just 275 mln cubic meters.
Europe is currently experiencing extreme heat. During such summer periods, electricity demand for cooling systems and air conditioning rises sharply. Gas remains one of the main sources of electricity generation alongside nuclear, wind and solar power.
The current summer season will take place amid higher fuel prices due to intensified competition with Asia for available LNG volumes as a result of the Middle East conflict. Gazprom has forecast that gas reserves in Europe's underground gas storage (UGS) facilities may fail to reach even 70% ahead of the next heating season.
