At the same time, in order to reach the level of the beginning of the 2019/20 withdrawal season, European companies need to pump 52 billion cubic meters into storage.

m, the company said.

“According to the assessment of the German regulator, which is cited by the media, the situation with the current level of stocks in the storage facilities of Germany - the largest in Europe - is "not good enough."

And reaching the target level of 90% will provide Germany with an airbag for two and a half months during a normal winter.

However, we note that the selection season in Europe lasts much longer - five to six months," Gazprom said in a statement.

Earlier, French President Emmanuel Macron expressed the opinion that Europe will face tangible consequences next winter if it deprives itself of reserves in underground gas storage facilities.

As Gazprom noted, European countries are facing a serious challenge to replenish gas reserves in underground storage facilities by next winter, this will have a strong impact on the cost of gas on the market.