Ukraine is exploring greater cooperation with Azerbaijan in the gas sector, including the storage and transportation of natural gas, according to a statement from Ukraine’s Ministry of Energy.

Natural gas reserves in European underground gas storages (UGS) have fallen to 34.5%, marking the lowest level in three years, with approximately 38 billion cubic meters remaining, according to data from Gas Infrastructure Europe (GIE).

Italy's antitrust agency (AGCM) announced on Monday that it had opened an investigation into Edison's sale of its gas storage unit to gas grid operator Snam.

As Europe enters the heart of winter, the state of its energy security becomes a critical question. With gas storage facilities filled to unprecedented levels, reaching 90-96%, the European Union seems well-prepared for the season.

European underground gas storage (UGS) facilities are nearly full, with reserves reaching almost 93% as of September 8, according to Gas Infrastructure Europe (GIE).

European underground storage facilities (UGS) are now filled by 87.5%, which is still below the record level of 2023, when UGS facilities were filled to 88.7%, according to data from Gas Infrastructure Europe (GIE), News.az reports citing Gazeta.ru.

European traders this summer are using only a fraction of Ukraine’s vast natural gas storage, following Russian attacks that drove up risks, depriving the war-torn country of scarce revenues, News.az reports citing Financial Times .

EDF's Italian subsidiary, Edison, will sell its gas storage unit to gas grid operator Snam in a deal valued at approximately €560 million ($608.05 million), according to an announcement from the two companies.