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Americas - Storage

Natural gas analysis & forecasts February 2019

Prospects for mild weather will increase the pace of gas restocks in the US during the 2019 injection season.

Mild weather in the US as a whole during December 2018 and January 2019 has reduced the pace of net gas drawdowns over the withdrawal season despite exceptionally cold weather in the northern half of the country in January. This is because a majority of gas storage facilities are located in the southern US. 

Consequently, the US had 53.26 bcm of gas in stock for the week ending...