• Global Gas Analytics
  • Analysis & Forecasts

Europe & Russia Storage

February 2017

Europe’s stock levels are low, making the region vulnerable to market tightness in late winter, and increasing the need for gas for storage builds over the summer. 

The UK’s Rough gas storage facility is approximately 19% full compared with 51% at the same time last year. Rough started the winter with low levels of gas in stock, and cold weather resulted in strong drawdowns, leaving levels of gas in storage low for the time of year. This has hit the UK’s overall gas stocks, which were...