13 Dec, 2021
Europe May Be Facing Record Low Gas Storage by Winter's End
Cold weather, concerns about probable disruptions to Russian supplies, and delays to the planned Nord Stream 2 pipeline pushed gas prices near record highs recently. Due to an early cold spell and reduced Russian flows, Europe's gas storage levels might approach record lows by the conclusion of the winter heating season, according to Gas Infrastructure Europe statistics. This would leave consumers and businesses with substantially higher costs for a longer period of time than previously anticipated.
