The EU's gas reserves are emptier than at this stage of any autumn since 2011, meaning the bloc might have to burn 14 billion cubic metres (bcm) less gas than last winter over the coming months, according to the Institute for Energy Economics and Financial Analysis (IEEFA), a US-based non-profit that analyses energy markets and backs a shift to cleaner energy.
In a report published on Friday, IEEFA noted that EU gas storage sites were about 72.4% full on 3 October and could supply 7.3bcm less gas this winter, from November to March, than they did last winter.
