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by _0w8t 1112 days ago
Also spot prices reflect the storage availability. The storage will be filled by October according to the existing contracts. I.e. there is no much room to receive more gas if it will have to be brought to Europe in the next few months.

A really cold winter without Russian gas may bring the spot prices back to record levels as then the supply lines will be the bottleneck.

Long term Europe needs bigger storage to smooth price volatility.