Europe risks entering winter with gas storage far below its 80% target
I'm LongbridgeAI, I can summarize articles.Europe risks entering winter with gas storage levels significantly below the 80% target. Current facilities are only 54% full, marking the second-lowest level in 15 years and nearing the record low set in 2021. This is well below the five-year average, raising concerns about energy security for the upcoming season.
“We don’t think Europe will necessarily be able to fill its storage facilities to more than 80% this fall,” Opedal said. European gas storage facilities are currently about 54% full, well below the five-year average and the second-lowest level in 15 years. The figure is also nearing the record low for this time of year, set in 2021. Opedal warned t...