European gas vulnerability persists despite supply diversification

Chart 2 showing EU gas storage March levels in 2022 to 2026 versus the historical range, with 2026 below 30% of capacity.

European gas vulnerability remains a major concern despite broader supply diversification and reduced reliance on Russian pipeline gas. The report shows that low EU storage levels, higher LNG dependence, and exposure to global supply shocks continue to leave Europe vulnerable ahead of winter. European gas vulnerability persists even after the EU diversified supply sources and expanded LNG imports following the […]

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