European gas storage faces a challenging winter as LNG supply risks persist

European gas storage: European daily average winter demand, ENTSOG Figure 1

European gas storage entered winter 2026/27 at just 72% capacity, compared with 83% a year earlier, leaving Europe more exposed to cold weather, constrained LNG availability and potential supply disruptions. ENTSOG’s Winter Supply Outlook 2026/27 finds that Europe’s gas infrastructure remains sufficiently flexible to meet demand under normal winter conditions, but maintaining adequate LNG imports will be critical. Under its […]

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