09 Oct, 23

EU’s Full Gas Storage Doesn’t Eliminate Supply Risks

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The European Union has accumulated record amounts of natural gas in its storage facilities and has done so ahead of its own schedule. The news about the advanced fill-up of storage caverns was first announced in August by Brussels with understandable pride. In mid-August, storage was full at 90%, which was the November target. But energy suppliers did not stop there because, as of early October, gas storage in the EU is close to 100% full. There is just one slight problem: it might still not be enough to secure winter gas supply.…

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