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Europe Entering Winter with Lowest Gas Reserves Since 2013: IEA

Summary by Deccan Chronicle
Natural gas liquifaction facilities in the Gulf have been damaged in US-Iran war, while transit through the Strait of Hormuz has been reduced

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Warning from the International Energy Agency - Disruptions in LNG supplies from the Middle East and the possibility of a new wave of price increases

·Marousi, Greece
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The IEA is warning that Europe faces a winter gas shortage and rising prices due to the blockade of the Strait of Hormuz, unless a deal is reached with Iran.

·Zagreb, Croatia
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The Global Gas Security Review 2026 report of the International Energy Agency (IEA) points out that structural changes over the past decade have transformed the global gas market, making it more flexible, liquid and interconnected, but also more complex.

·Lisboa, Portugal
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Europe is heading into winter with its natural gas reserves at their lowest level since 2013, leaving the continent more exposed to supply disruptions and potentially extending pressure on international energy markets until 2027, the International Energy Agency (IEA) warned on Tuesday. European gas storage facilities were about 75 percent full at the end of October, below the European Union's minimum target of 80 percent and marking the weakest …

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Europe will face the winter with its lowest gas stocks since 2013. EU storage was about 75% full at the end of October, leaving less of a buffer in case of a cold snap or supply disruption. The data is part of a new analysis by the International Energy Agency of the gas market and the 2026-2027 heating season. It says stock levels are the lowest in more than a decade. The European Agency for the Cooperation of Energy Regulators also reported a 7…

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Le Figaro broke the news in Paris, France on Tuesday, November 3, 2026.
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