Europe Looks To Stock Up On Natural Gas This Summer ...Middle East

OILPRICE - Economy
Europe Looks To Stock Up On Natural Gas This Summer
source : OILPRICE ( Middle East ) () 20
Harsh winters are always bad news for energy consumers. But they are good news for those that produce the energy that consumers use. This winter has been no exception: harsh weather across Europe has emptied the continent’s gas storage, and now exporters from around the world are preparing to respond to the rising demand. Bloomberg reports that Europe’s natural gas inventories are about 25 billion cubic meters below the levels from this time last year. This amount, according to the report, is equal to about a third of Germany’s…

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