Preparations for the next few heating seasons in Europe may be made more difficult by the lack of gas supplies from Russia.
Energy in Europe will last at least 2025. This assessment of experts was published by Bloomberg.
The process of preparing for the next heating seasons may become more difficult in the event of a complete stoppage of Russian gas supplies.
Leaders of European energy companies note that there is no quick solution to the problem, so the energy crisis will last for several years.
“Europe may have bigger problems next winter. Countries may not be able to fill storage next summer like we did this year,” said Niek Den Hollander, the energy giant’s chief commercial officer. German Uniper SE.
The publication notes that the energy crisis has become the worst in the past 50 years. With rising prices, the pressure exacerbated the cost-of-living crisis and pushed the economy to the brink of recession.
“If the Kremlin’s ultimate goal is to completely cut off Russian gas supplies to Central Europe, then transit to Ukraine is certainly at risk,” said Laura Page, senior LNG analyst at energy data firm Kpler.
Recall that today the President of Russia Vladimir Putin announced the possibility of a complete stoppage of gas supplies to the EU in the event of a price limit on Russian energy resources. The relevant EU decision could be made this week.
Gas reserves in the EU now average 82%, which is higher than in previous years. At the same time, the share of Russian gas in total EU imports fell to 9%.
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Source: korrespondent
I am David Wyatt, a professional writer and journalist for Buna Times. I specialize in the world section of news coverage, where I bring to light stories and issues that affect us globally. As a graduate of Journalism, I have always had the passion to spread knowledge through writing.