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Belgian gas reserves are up to standard. That confirms Energy Minister Van der Straeten of Groen
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The gas price in Europe has gone through the roof in recent weeks, for fear of a shortage in the market. On Friday, the 100 euro/MWh mark was even reached, an absolute record. This also translates into a more expensive natural gas bill for households and companies.
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Some weather models predict slightly colder temperatures than expected. In combination with tight supplies, expensive emission rights and expensive raw materials such as coal and oil, this has been pushing energy prices to records for weeks. China is also putting extra pressure. The world’s second-largest economy is itself struggling with power shortages and said on Friday that it would ensure sufficient supplies at all costs, resulting in additional pressure on the gas price.
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The Belgian gas stocks are already on schedule, confirms Minister Van der Straeten and it is also echoed by gas manager Fluxys. Fluxys operates an underground gas storage facility in Loenhout. These gas reserves are currently 86 to 87 percent full. The reserves must be 90 percent full by November 1 at the latest. And our country is on schedule for that, the minister assures.
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