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UK storage levels remain low - 11-08-2021

Gas prices in particular saw strong gains yesterday, and its the same overarching story that the UK’s storage levels are not improving at the rate needed to be ready for Winter. Compounding this is the recent reduction in flows from Russia, into Europe, due to a fire at a gas condensate facility in Siberia. GazProm have not commented on the extent of damage or provided an update.