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Optimism Grows Around Europe's Gas Situation

NATURAL GAS

Europe is “comfortable” is terms of gas supply security this winter according to Engie’s chief executive Catherine MacGregor.

  • "Today the situation for this winter is actually quite comfortable from the gas standpoint," she said.
  • "The situation of the security of supply in Europe is something we've been working on extremely hard even before the war broke out." she added.
  • European gas markets have seen prices plunge as Europe reaches near full storage levels and a warm October limits consumption.

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