# Europe facing record low gas storage by winter's end

> European gas storage is heading for record lows by the end of winter as a cold snap lifts demand. Gazprom is awaiting permission to start the Nord Stream 2 pipeline and is booking less capacity on existing transit routes, and a promised refill of storage has largely failed to materialize.

- Date: 2021-12-14 · published 2021-12-14T12:00:00.000Z
- Category: geopolitics · region Europe · magnitude high
- Page: https://feedsoft.ai/events/43785-europe-facing-record-low-gas-storage-by-winter-s-end
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

Low storage and limited Russian supply keep European gas prices high, which lifts nitrogen fertilizer and energy costs and supports grain and feed prices.

## Read by commodity

- NATGAS: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| NATGAS | 2026-03-03 | [Europe's skimpy gas storage under scrutiny as Qatar halts LNG flows \| Reuters](https://feedsoft.ai/events/20367-europe-s-skimpy-gas-storage-under-scrutiny-as-qatar-halts-lng-flows-reuters.md) | +7.0% | -3.1% |
| NATGAS | 2026-07-29 | [Natural gas: Europe faces tighter winter balance – ING — Octa](https://feedsoft.ai/events/18541-natural-gas-europe-faces-tighter-winter-balance-ing-octa.md) | +2.1% | +3.0% |
| NATGAS | 2026-09-08 | [Europe's winter gas drama could leave deep scars \| Reuters](https://feedsoft.ai/events/17647-europe-s-winter-gas-drama-could-leave-deep-scars-reuters.md) | -2.5% | +2.2% |
| NATGAS | 2021-12-30 | [Hoping for cheaper gas to come, Europe reverses Russian link to tap storage](https://feedsoft.ai/events/43783-hoping-for-cheaper-gas-to-come-europe-reverses-russian-link-to-tap-storage.md) | +3.6% | +42.4% |
| NATGAS | 2026-08-27 | [Europe’s gas stores are running low — and prices could top 100 euros](https://feedsoft.ai/events/18060-europe-s-gas-stores-are-running-low-and-prices-could-top-100-euros.md) | +3.2% | +11.3% |

## Sources

- reuters.com: https://www.reuters.com/markets/commodities/europe-facing-record-low-gas-storage-by-winters-end-2021-12-14/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.