Weak summer refilling leaves European gas storage exposed to severe winter

European natural gas imports by source region from 2021 to 2026

European gas storage replenishment has remained weak during summer 2026, raising concerns over the region’s preparedness for a potentially severe winter. Europe and Ukraine have around 5 tcf of combined storage capacity, but inventories have failed to return to the levels reached in 2023, leaving a smaller buffer against a prolonged period of high heating and power demand. Why we selected […]

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