Strong injections during 2022, reduced demand and one of the warmest winter beginnings on record has storage at 877 TWhr, 78% full
Mother Nature may have further tricks up her sleeve, but the time for winter heating demand is rapidly dwindling away
A world awash in natural gas has considerable implications - on inflation, on geopolitics, on the pace of the renewable transition
We provide gas storage data visualizations to edify and elucidate on this topic
EU Natural Gas Stocks
This chart will be interesting to track over the next several weeks
Europe has recently turned cold, but storage remains near all-time highs for this time of year.
2022 injections were substantial, giving Europeans and the world a buffer in 2023 after a warm winter.
Consumption relative to storage varies significantly across EU countries.