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Equinor CEO warns Europe may fail to meet winter natural gas storage targets
OilPrice.com·NO · DE · FR·about 8 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.