EU Gas Supply Secure Despite Lower Storage

The European Commission stated there are no immediate gas supply concerns as storage reaches 62 percent capacity. High prices driven by the Middle East conflict have slowed winter preparations compared to last year.

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Model of natural gas pipeline and EU flag, July 18, 2022. REUTERS/Dado Ruvic/Illustration

European Union natural gas storage sits at 62% of capacity, leaving the bloc without immediate supply concerns, European Commission spokesperson Eva Hrncirova said on Thursday morning.

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