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EU gas storage sites have turned to net withdrawals as colder weather, lower wind power output and reduced LNG inflows increase demand for stored gas. The early shift highlights the European market’s exposure to weather conditions and the potential for storage levels to fall quickly this winter.
Winter is certainly coming and European storage sites turned to net withdr...
TTF gas prices just hit €100/MWh ($32.5/mmbtu) amid continued LNG supply disruption via Hormuz, colder temperatures and four unplanned outages in Norway (both at Kollsnes and Kårstø). And some countries have started withdrawing gas from storage. Winter is coming…
Source: Greg Molnar (Linke...
Dutch gas storage levels remain well below historical averages as the Netherlands approaches winter 2026–27, but increased LNG imports are helping compensate for lower inventories. With TTF prices rising amid geopolitical uncertainty, the balance between storage injections, LNG availability and winter demand is becoming increasingly important.
The Netherlands is headin...
A difficult balancing act: the global gas market is balancing out the Hormuz supply shock with growing macroeconomic pain, higher emissions and ultimately reduced supply security ahead of the 2026/27 winter season.
The de facto closure of the Strait of Hormuz choked off almost 60 bcm of LNG supply from the global gas market since the beginning of March, equating to alm...