Gas Crisis Set to Worsen After Europe Burns Through Winter Stocks

[Epoch-Times-Bot]

Gas Crisis Set to Worsen After Europe Burns Through Winter Stocks

HELSINKI/BRUSSELS—Europe may face an even more acute energy crunch next year after draining its natural gas tanks to get through the cold of this winter, the head of the International Energy Agency said on Wednesday, as the EU looks for ways to ease the crisis.
European countries have filled storage tanks to around 90 percent of their capacity after Russia cut gas supplies in response to Western sanctions imposed over its invasion of Ukraine.
Gas prices, which surged in the months after the invasion in February, have retreated. But that could be short-lived as countries compete to buy liquefied natural gas (LNG) and other alternatives to Russian pipeline deliveries....

Source: Gas Crisis Set to Worsen After Europe Burns Through Winter Stocks

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