Equinor says Europe's gas storages can hit 90% by November

Kitco Media
By Reuters
Published:
Updated:
Reuters
LONDON, Feb 8 (Reuters) - The European Union could be able to refill its gas storages up to the required 90% level by November provided demand remains subdued and liquefied natural gas (LNG) imports stay high, Norway's Equinor said on Wednesday. "We do believe that it's likely that storages would be filled in November at the EU target of 90% or above, but that will require continued demand reduction and high LNG imports," Irene Rummelhoff, Equinor's head of trading and refining, told an investor presentation in London. (Reporting by Nora Buli, writing by Nerijus Adomaitis, editing by Terje Solsvik)

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