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Global inventory of natural gas has fallen sharply: International Energy Agency
Add BT as a preferred sourcePublished Tue, Oct 5, 2021 · 09:50 PM
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London
GLOBAL inventories of natural gas have fallen sharply, according to the latest reports from the Paris-based International Energy Agency (IEA) and the US Energy Information Administration (EIA).
In Europe, inventory levels were 16 per cent - or 14 billion cubic metres (bcm) - below their five-year average, and 22 per cent (or 21 bcm) below last year's levels by the beginning of October, which is the start of Europe's heating season.
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