Equinor CEO: Europe May Miss Winter Gas Storage Goal ...Middle East

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Equinor CEO: Europe May Miss Winter Gas Storage Goal
source : OILPRICE ( Middle East ) () 39
Europe's effort to rebuild natural gas inventories before winter suffered another setback on Wednesday after Equinor CEO Anders Opedal warned the region may struggle to reach its 80% storage target, highlighting intensifying competition for global LNG supplies. Speaking after Equinor's second-quarter earnings release, Opedal said Europe may not succeed in filling its gas storage facilities to 80% before winter. "We do not think Europe will necessarily reach 80% storage before winter," Opedal said. European gas storage sites are currently around…

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