EU draining gas from storage at fastest pace since 2022 – FT

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Higher demand due to colder weather and lower LNG imports are reportedly behind the bloc’s increased reliance on storages The EU has increased withdrawals from its gas storage facilities, the Financial Times reported on Tuesday, citing data from Gas Infrastructure Europe. According to the report, the volume of gas in storages dropped by some 19% from the end of September to mid-December, the fastest pace since the energy crisis of 2021.  The previous two years, meanwhile, saw only single-digit

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