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Equinor CEO warns Europe may fail to meet winter natural gas storage targets
OilPrice.com·NO · DE · FR·about 14 hours ago
Projections indicate the European Union will fail to meet its 80 percent gas storage mandate before the winter heating season. This shortfall increases the bloc's vulnerability to supply-side shocks and heightened price volatility in global energy markets.
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Projections indicate the European Union will not achieve its 80% gas storage target prior to the winter heating season. Current storage levels are confirmed at 54% capacity, representing the second-lowest level for this period in 15 years. This shortfall increases the bloc's vulnerability to supply-side shocks and heightened price volatility.