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EU To End Heating Season With 53% Storage Capacity: Berenberg

NATURAL GAS

The European Union is expected to end the heating season in early April with around 53% of gas in storages, slightly below 2023 levels of 55.4%, Berenberg said in a note.

  • Europe has passed already 60% of the usual heating season, the bank said.
  • European natural gas inventories stood at 71.97% as of 27 January, GIE data showed.

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