As the first proper winter in Europe in three years is drawing to an end, the continent faces a race against time – and prices – to restock with natural gas for next winter. With gas in storage levels well below the stockpiles left at the end of the previous two winters, Europe will need extra efforts – and money – to refill inventories ahead of the 2025/2026 winter.
Europe will now need many more cargoes to arrive during the summer compared to 2023 and 2024, as current gas inventory levels are just 37% full, per data from…Gas Prices Heat Up as Europe Rushes to Refill Storage
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