• Global Gas Analytics
  • Analysis & Forecasts

Europe & Russia Storage

December 2018

Weak drawdowns at the start of the winter have helped to keep European stock levels healthy as the peak of the winter demand season gets underway.    

European gas stocks were up by around 6% year on year by the middle of December, with around 803 TWh (74.6 bcm) in stock, according to data from Gas Infrastructure Europe. Storage levels fell by 64.4 TWh during November 2018, a sharp decline from the 90.6 TWh of net withdrawals seen during November 2017. The mild start to the...