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European Gas Reserves Exceed 99% Capacity Ahead of Winter Heating Season

Europe’s underground gas storage facilities are poised for the upcoming heating season with more than 99% of their capacity filled, marking a significant milestone in the region’s efforts to reduce energy dependence on Russia. As the traditional heating season is set to begin, European countries have met their obligations under a 2022 regulation to ensure gas storage facilities are at least 90% full by November 1. Data provided by the Brussels-based organization “Gas Infrastructure Europe” confirms that all member states have fulfilled this requirement, further reducing the region’s reliance on Russian natural gas….