EU-27 gas overview: Is the energy crisis over for Europe?

Following a second consecutive mild winter, ongoing gas demand destruction and sufficient gas supplies from Norway and the international LNG market, the EU-27 is holding record amounts of gas in storage for the time of year, despite limited Russian pipeline gas flow. At the annual Flame conference held in Amsterdam on 23-25 April, a key topic was on everyone’s lips – “is the energy crisis over?”