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European gas market shows subdued interest in preliminary storage auctions

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European natural gas storage auction prices for 2025 capacity point to potential supply risks over coming months that continue to provide support to season-ahead contract prices, tightening the next summer-winter spread significantly. France’s Storengy, the country’s largest storage operator with a technical capacity of 95.4 TWh, saw a clearing price in its Oct. 2 auction ...

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