Europe could have a way out of a natural gas shortage if the winter is colder than usual. The very tight European gas market may find relief from the supply crunch if it taps part of the so-called cushion gas, which keeps supply pressure at storage facilities, energy consultancy Wood Mackenzie said this week.
Tapping this cushion gas, however, may not be easy because of technical issues and regulations. Under normal circumstances, cushion gas cannot be withdrawn from storage facilities or considered part of the working gas volume (WKV),…Europe Considers Tapping “Cushion Gas” As Market Continues To Tighten
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