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Why Europe’s Gas Storage Has Become More of a Worry

Outdoor gas pipes at the underground storage facility operated by Gas Storage CZ AS, in Haje, Czech Republic.Photographer: Milan Jaros/Bloomberg
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Europe’s stockpiles of natural gas have been a closely watched metric since the invasion of Ukraine triggered a dramatic downturn in Russian supply to the region.

The network of gas storage sites across the European Union is the second largest in the world after the US and has become an increasingly important buffer against supply shocks and price spikes.