Strategic Gas Reserve: Storage Is Now Cheaper

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The cost of storage years 2027/28 and 2028/29 is €38.75 million each.

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If so far costs of 94 million euros per year have been estimated, the storage should now amount to 38.75 million euros for the years 2027/28 and 2028/29. Minister Hattmannsdorfer sees the reserve secured by 1 April 2029.

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Austria's strategic gas reserve is secured until April 2029. The total cost for the two storage years is 77.5 million euros. Originally, 234 million euros were budgeted for it. AUSTRIA. In early July, the strategic gas reserve was extended by two years. Read more below. In addition, the annual costs were reduced by about 59 percent from 94 million to 38.75 million euros, according to the Ministry of Economic Affairs and Energy.

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Strategic gas reserve secured by April 2029 – annual costs fall from 94 to 38.75 million euros The storage of Austria's strategic gas reserve will be significantly cheaper for the next two storage years.For the storage years 2027/28 and 2028/29, the annual costs each amount to 38.75 million euros.In the current storage year 2026/27, they are still 94 million euros. [...] Der Beitrag Hattmannsdorfer/Zehtner: Storage costs for strategic gas reserv…