Cold weather causes surge in EU gas consumption ...News

Economy by : (Russia Today) -
Inventories across the bloc dropped by over 6% in December, data shows Emergency supplies of natural gas in European underground storage facilities are shrinking as cold weather has prompted the bloc to use more fuel amid increased energy consumption, Vedomosti reported on Thursday. The EU pumped four times more fuel from its stocks in December compared to the November average, according to the outlet’s calculations based on data from Gas Infrastructure Europe (GIE). In early December, net gas withdrawal from the bloc’s underground storage facilities averaged 563 million cubic meters per day, while in November thi

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