Relevant article19 Feb 2018 18:07
"When the same weather event happened in 2009 there was not enough gas to cover soaring demand in both east and west Europe at the same time, said Arne Bergvik, chief analyst at power portfolio manager Scandem AB in Orebro, Sweden. Russian exporter Gazprom PJSC ended up cutting exports and accused Ukraine of taking more gas than it paid for." ....................................................................
“When all of Europe sees an increase of consumption at the same time, reserves, such as gas storage, is put to the test,” Bergvik said. “Weather in the coming week will test energy markets and support higher coal, power and gas prices.” .......................................................................
“There are signs that this cold spell is likely to last well into next week with possibly even colder air from Russia moving across the U.K.,” the Met Office said Monday on its website.