A cold snap and lower Russian supplies have pushed storage to 43% of capacity across the bloc, the newspaper has reported
EU gas storage has fallen to its lowest level for this time of year since the 2022 energy crisis, as below-normal reserves and cold weather accelerate withdrawals, the Financial Times has reported.
The bloc has seen a sharp rise in energy prices since cutting back on Russian oil and gas imports after the escalation of the Ukraine conflict four years ago. Moving away from relatively cheap Russian pipeline gas has forced the bloc to rely more heavily on energy supplies from the US.
New legislation passed last week requires EU…
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