Low storage buffers in Europe could prolong global gas market tightness well into 2027

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Europe is entering winter with its lowest natural gas storage levels in more than a decade, according to a new International Energy Agency report. The shortfall could keep global gas markets tight through 2027.

Europe is entering the winter heating season with its lowest natural gas storage levels in more than a decade, potentially extending tight conditions in global gas markets well into 2027, according to a new IEA report. The Global Gas Security Review 2026, out today, examines how a decade of structural changes are reshaping global gas ...