The US risks gas supply shortages during the 2018-2019 gas withdrawal season despite rising production.
Increasing gas output in the US has raised the pace of net gas injections in storage sites, but the volumes will still not be enough to sufficiently replenish the severely depleted stocks. Forecasts for a hot summer, together with prospects for healthy gas demand during the autumn, will be additional headwinds to injection rates. Meanwhile, US gas demand is set to rise strongly in 2018 compared with 2017, and the country’s...