Europe exits winter with record gas storage

European gas storage more comfortable than expected. The 2023/24 northern hemisphere heating season has officially come to an end. Europe has managed to get through the winter months with very comfortable storage levels. In fact, with storage 58% full at the end of March, the region has exited the heating season with record high storage levels. Milder than usual weather through much of February and large parts of March has meant that the drawdown in storage has been somewhat less than expected. While there is the potential for cold spells through April which could see some further storage draws, the […]