Geopolitical uncertainty brings European gas storage into focus

As LNG-reliant Europe comes to terms with the near-term loss of a fifth of global supply, amid ongoing war in the Middle East, there is a heightened focus on the region’s gas storage facilities and their role in providing supply flexibility and energy security. While storage levels are at their lowest since April 2022, Europe will likely still achieve its storage targets, but at what cost? Reporting by Laurence Walker, Deputy Editor-in-Chief, Montel News. Contributors: Charlotte Roule, President of Gas Storage Europe; Robin Cannings, Commercial Director, Storengy UK; Yahdian Falah, Senior Portfolio Manager, Trianel.