Mild February Will Help Extend Europe’s Gas Storage Buffer

  • Meteorologists see cold spell hitting most of Europe next week
  • Temperatures later in the month seen exceeding seasonal norms
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Weather across Europe is expected to be warmer than usual for most of February after a cold snap next week, helping reduce heating demand in the final months of winter and keeping gas inventories well stocked.

Long-range forecasts from Maxar Technologies Inc. and Atmospheric G2 point to mild conditions across the continent this month, with cold weather engulfing the south east from next week.