Europe fills gas storage at record rate as Asia’s buyers step aside

Thats the one advantage Europe always had – deep storage. Europe can take LNG when nobody else can and in a more normal world, Europe would be able to go easy on missing some cargos without the lights going out immediately. Thats why storage is important and needs to be given a boost. Many Asian LNG buyers don’t have the geology for massive gas storage. Cooperation could be beneficial to both sides. That being said, in the current mess few have nerves for that. They run for their shirts. But that won’t last forever.

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