Europe could need extra $11 billion of gas to refill winter stores - EUROPE SAYS

European Gas Markets: Summer Outlook 2025

Europe emerges from winter with gas reserves at a mere 34% capacity—a stark 25-point decline from last year’s levels. This concerning depletion stems from an unusually harsh winter, inconsistent renewable generation, and the complete cessation of Russian gas flows through Ukraine since 31 December. As we approach summer, the restocking challenge looms large. Current futures pricing for summer delivery makes storage injections commercially unattr…

Europe could need extra $11 billion of gas to refill winter stores - EUROPE SAYS

OSLO (Reuters) - Europe may need up to an extra 250 cargoes of liquefied natural gas this year costing at least $11 billion to refill its depleted gas stores

The European Union should focus on an integrated, multidimensional approach to energy security – says Maciej Jakubik, coordinator of the European program at the Energy Forum.