CommoditiesMedium•6 November 2026•
1 min read
IEA: Europe’s Natural Gas Reserves Hit Lowest Levels Since 2013
Key Facts
1The IEA reported that Europe's natural gas reserves have reached their lowest level since 2013.
2The EU lost nearly 1% of its gas stocks in just three days.
3LNG prices in Asia have risen due to continued shipping restrictions through the Strait of Hormuz.
The International Energy Agency (IEA) reported that Europe's natural gas reserves have reached their lowest level since 2013. According to ANSA, the European Union lost nearly 1% of its gas stocks in just three days as the heating season progresses. The agency confirmed that storage levels are at a 13-year low, signaling rapid depletion.
LNG prices in Asia have risen due to continued shipping restrictions through the Strait of Hormuz, further straining global gas availability. This combination of high seasonal demand and supply chain disruptions remains fundamentally supportive of natural gas prices as reserves continue to dwindle.