Policy & Regulation
Europe’s gas importers brace for winter of uncertainty
Europe has plenty of gas in storage, but a cold spell coupled with disruptions to Russian supplies transiting Ukraine could lead to winter shortages, particularly in southeastern Europe Europe has plenty of gas in storage, but a cold spell coupled with disruptions to Russian supplies transiting Ukraine could lead to winter shortages, particularly in southeastern Europe.
2 days ago
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Transparency data from Gas Infrastructure Europe shows Europe’s gas storage tanks are on average 98% full and that there is plenty of import capacity available at most regional LNG terminals. Yet a failure by Russia and Ukraine to reach an agreement on a new transit contract when officials meet in Brussels on 28 October would significantly increase the risk of shortages this winter.
Russia is Europe’s largest supplier of gas, and around 40% of the volumes...
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