Centrica Refrains From Refilling UK Gas Storage for Next Winter

Centrica Refrains From Refilling UK Gas Storage for Next Winter

(Bloomberg) — Centrica Plc hasn’t started refilling the UK’s biggest gas storage facility in the North Sea, potentially leaving the nation without reserves for next winter.

With European gas supplies at their lowest level since spring 2022, it will be a major challenge to replenish them in time. This is crucial to avoid problems next winter. In the meantime, Europe is considering relaxing the 90 percent filling requirement.