EU reaches 90% gas storage filling target well ahead of winter

The EU reached its 90% gas storage target on Aug. 19, 11 weeks ahead of the EU-mandated Nov. 1 deadline, data from Gas Infrastructure Europe showed Aug. 21. The target was reached thanks to a mild 2023-24 winter, which left EU stocks still 58.5% full as of the end of March, weak European gas demand and continued strong Norwegian deliveries…. The EU reached its 90% gas storage target on Aug. 19, 11 weeks ahead of the EU-mandated Nov. 1 deadline, data from Gas Infrastructure Europe showed Aug. 21. The target was reached thanks to a mild 2023-24 winter, which left EU stocks still 58.5% full as of the end of March, weak European gas demand and continued strong Norwegian deliveries…. Read More