The Russian company warns that, with depleted reserves, stocks may run out before heating season ends

The EU withdrew a record quantity of gas from underground storage facilities on Christmas Day, Gazprom has reported, warning that low reserves mean supplies could prematurely run out.

As of December 25, Europe had 66.3 billion cubic meters (bcm) of gas in storage, down 9.9 bcm year-on-year, the company said in a Telegram post on Saturday, citing calculations based on Gas Infrastructure Europe (GIE) data. Withdrawals this season are proceeding faster than during the previous heating period, it noted. Despite the holiday lull, when demand…

Read the full article at RT.COM