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Europe & Russia - Storage

Natural gas analysis & forecasts February 2019

Stocks remain high for the time of year, and the region looks likely to end the withdrawal period with healthy levels of gas in store.

European storage levels in the middle of February were up by around 20% on an annual basis and were roughly 16% higher than the average for the previous three years. Regional drawdowns between the start of January and mid-February were slower than those seen during the same period last year. Mild weather through much of the winter in large parts of...