IEA says Europe enters winter with lowest gas storage levels since 2013
Europe is entering the 2026-27 winter heating season with the lowest natural gas storage levels seen in more than a decade, the International Energy Agency said in its Global Gas Security Review 2026. The agency said European Union storage sites are starting the heating season at inventories not seen since 2013, leaving the region more dependent on global liquefied natural gas supplies to cover winter demand. The IEA warned that reduced storage buffers could make Europe more vulnerable to supply shortages if colder-than-expected weather or further gas flow disruptions occur. It also said low inventories could keep European demand strong... [Continue Reading]
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