Gas storage in the US is set to come under pressure this summer as a result of persistent low injection rates.
US gas stocks have remained lower on an annual basis so far during the 2017 gas injection season and the trend is expected to become more prominent over the summer as air conditioning-related gas demand ratchets up. The country had 67.04 bcm of gas in storage in the week ending 12 May, which was 13.7% lower than the level seen at the same time last year. GGA expects the US to have 87 bcm of gas stored at the end of August compared with 97.7 bcm a year earlier.
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