"Global Risk": The First Cold Wave Of The Season Tests European Gas Storage

"Global Risk": The First Cold Wave Of The Season Tests European Gas Storage The first frost of the season prompted gas consumption in Europe to rise, and this has become a test of the ability to endure winter when there is a scarcity of gas supplied by Russia. According to statistics provided by the quotation agency ICIS, the demand for gas across Europe, which includes the United Kingdom, jumped by 44% this week in comparison to the middle of the previous month. According to the energy system operator for the United Kingdom, National Grid PLC, it is anticipated that the demand for gas in the country will increase to 417 million cubic meters per day, which is a 65% increase from the middle of the previous month.