Europe & Russia Storage

The pace of withdrawals from EU storage facilities picked up during the first half of February.

The pace of net withdrawals from storage has increased since the start of the year, with drawdowns during early February outpacing the rate seen during January as well as the first half of February last year. Gas stocks in the EU28 dropped by just 4% during the first week of January, but fell by 11% during the first week of February as colder temperatures and the need for customers to...