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    Home > Headlines > Gas storage levels in Italy and Europe are good, Italian minister says
    Headlines

    Gas storage levels in Italy and Europe are good, Italian minister says

    Published by Global Banking and Finance Review

    Posted on September 6, 2025

    2 min read

    Last updated: January 22, 2026

    Gas storage levels in Italy and Europe are good, Italian minister says - Headlines news and analysis from Global Banking & Finance Review
    Tags:energy marketEuropean economiessustainabilityfinancial management

    Quick Summary

    Italy's Energy Minister confirms strong gas storage levels in Europe, with Italy nearing the EU's 90% target. Geopolitical tensions impact supply.

    Table of Contents

    • Current State of Gas Storage in Europe
    • Italy's Gas Storage Targets
    • Impact of Geopolitical Factors
    • Future of Coal-Fired Plants

    Italian Minister Confirms Strong Gas Storage Levels in Europe

    Current State of Gas Storage in Europe

    By Francesca Landini

    Italy's Gas Storage Targets

    CERNOBBIO, Italy (Reuters) -Gas storage levels in Europe are "good", Italian Energy Minister Gilberto Pichetto Fratin said on Saturday, adding that his own country was close to the 90% target set by the European Union.

    Impact of Geopolitical Factors

    "We are relaxed about gas storage, certainly in Italy ... the level is also good in Europe, although slightly lower," Pichetto said on the sidelines of the TEHA Forum in Cernobbio.

    Future of Coal-Fired Plants

    High gas storage levels function as a buffer in case of unexpected peaks in demand during winter months.

    The EU set gas storage targets after Russia's full-scale invasion of Ukraine in 2022 triggered an energy crisis. Member states are meant to hit a 90% filling target at any point between October 1 and December 1.

    However, Pichetto said Italy was not ready to dismantle coal-fired plants in continental Italy by year-end, as previously planned, singling out Enel plants in Civitavecchia and Brindisi.

    "We have a war in Europe, we have very difficult situations in the Mediterranean, which are changing by the hour ... so I am not in a position to dismantle coal-fired power stations," said Pichetto, who had previously expressed doubts about the year-end deadline.

    Gas supply across the Mediterranean has been affected by a reduction of shipping through the Suez Canal due to attacks by Yemen's Houthis, and by instability in Libya.

    Asked whether Italy could increase imports of liquefied natural gas (LNG) coming from the United States,

    Pichetto said imports of liquefied natural gas (LNG) from the United States were "convenient" at the moment, and any increase depended on price.

    (Reporting by Francesca Landini; Editing by Valentina Za, Aidan Lewis)

    Key Takeaways

    • •Italian Energy Minister reports strong gas storage levels in Europe.
    • •Italy is close to the EU's 90% gas storage target.
    • •High storage levels act as a buffer against winter demand peaks.
    • •Geopolitical tensions affect Mediterranean gas supply.
    • •Italy considers increasing LNG imports from the U.S.

    Frequently Asked Questions about Gas storage levels in Italy and Europe are good, Italian minister says

    1What did the Italian Energy Minister say about gas storage levels?

    Italian Energy Minister Gilberto Pichetto Fratin stated that gas storage levels in Europe are 'good,' with Italy close to the 90% target set by the EU.

    2Why are high gas storage levels important?

    High gas storage levels serve as a buffer against unexpected peaks in demand during the winter months.

    3What challenges are affecting gas supply in the Mediterranean?

    Gas supply across the Mediterranean has been impacted by reduced shipping through the Suez Canal due to attacks by Yemen's Houthis and instability in Libya.

    4Is Italy planning to dismantle coal-fired power plants?

    No, Minister Pichetto indicated that Italy is not ready to dismantle coal-fired plants by year-end due to ongoing geopolitical tensions.

    5What is the current status of LNG imports from the US?

    Pichetto mentioned that imports of liquefied natural gas (LNG) from the United States are currently 'convenient,' but any increase in imports would depend on pricing.

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