00:00And Europe is heading into the cold months with the gas storage levels at their lowest
00:04point in 13 years, raising concerns among energy traders over potential winter price
00:10volatility.
00:11EU gas reserves were just 63% full in the final week of August, well below the recent
00:17average of around 80% for this time of year.
00:19At the current pace of storage injections, the European Union could enter the winter
00:24heating season with reserves about 20% below the five-year average.
00:28The United Kingdom may be particularly exposed, as it is one of Europe's biggest gas consumers
00:33but has limited domestic storage capacity.
00:36British gas owner Sintriga says the country has almost no gas in storage for the coming
00:41winter.
00:42Experts warn that cold weather or periods of low wind could further increase demand and
00:47put additional prices on prices.
