Europe & Russia Storage

European storage levels are low, and the volumes required for rebuilds will be higher than seen in recent years.

Europe’s gas storage facilities are around 20% full, with roughly 210 TWh of gas in stock as of mid-April. Rebuilds are now under way, and the region’s stocks have risen from the low of 190 TWh seen at the end of the winter. However, the pressure on storage builds during this reinjection season will be considerably higher than that seen in recent years. Stock levels in Europe...