Europe looks to stock up on natural gas this summer ...News

Russia Today - Economy
Europe looks to stock up on natural gas this summer
source : Russia Today ( News ) () 32
Harsh winters are always bad news for energy consumers. But they are good news for those that produce the energy that consumers use. This winter has been no exception: harsh weather across Europe has emptied the continent’s gas storage, and now exporters from around the world are preparing to respond to the rising demand. Bloomberg reports that Europe’s natural gas inventories are about 25 billion cubic meters below the levels from this time last year. This amount, according to the report, is equal to about a third of Germany’s annual consumption. Because Germany is the biggest consumer of natural gas in Europe, it’s quite an impressiv

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