Europe s record gas inventories continue to climb even higher as a warm start to autumn delays the onset of heating demand while high prices discourage industrial use and encourage continued imports.
Europe has ended the winter of 2022/23 with a record volume of gas in storage – which leaves much less refill needed ahead of the next heating season in 2023/24.
A bounce back from COVID-19 explains only part of China’ surging demand for LNG. Structural factors suggest heightened weather-related demand volatility in the future. [Gas in Transition, Volume 1, Issue 8]