The leading and only independent cavern operator in northwest Europe, Storag Etzel, explains why caverns have such an important role to play in times of crisis Storag Etzel, one of Europe’s largest crude oil storage companies, is preparing to release strategic oil reserves for the first time in 15 years. The cavern storage operator, centrally located in north Germany’s energy hub, is currently storing 11 million m3 of crude oil in 24 caverns and its capacity is regularly used for long term stockpiling. ‘We are in standby mode, and every day are awaiting instructions to release stockpiles to help balance […]
Technical features
November 20, 2025
