Reported 3 days ago
Europe's gas industry is entering a critical phase as the winter season has left storage facilities significantly depleted. With inventories two-thirds empty and prices high due to limited supply, traders are uncertain about the incentives to refill stocks ahead of next winter. Government intervention may be necessary to ensure storage is filled, but ongoing debates about regulation changes add to the market's volatility. With prices needing to stay elevated to attract liquefied natural gas, the success of storage replenishment hangs in a delicate balance, especially amid ongoing geopolitical uncertainties.
Source: YAHOO