On Tuesday 17 October, the European Network of Transmission System Operators for Gas (ENTSOG) published its in-depth analysis of Europe's gas supply outlook for the winter of 2023-2024. This strategic report provides an overview of the European Union's ability to meet its gas needs, particularly in scenarios of prolonged disruption of supply from Russia.
According to the published data, on 1 October 2023, the average level of gas storage in the EU was 96%, equivalent to 1,091 TWh. This...