February 26, 2024

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Gazprom: Europe will have difficulty filling gas supplies for the winter |  News

Gazprom: Europe will have difficulty filling gas supplies for the winter | News

Thanks to mild winter weather and a sharp increase in LNG imports from elsewhere in the world, last winter stocks were sufficiently filled.

Gazprom states that gas supplies in Europe are currently relatively low. The company also noted that Europe may not again benefit from relatively mild weather next winter, which leads to increased use of home heating, for example. Europe may also have more difficulty getting enough LNG because competition in that market is increasing, according to Gazprom.

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It will be very difficult, given the politically motivated decisions to refuse to import Russian gas through pipelines. Gazprom said in a message posted on Telegram that the amount of gas available on the European market will be greatly affected by competition for LNG.

Europe is building more terminals to import liquefied natural gas from the United States and Qatar, for example. Renewable energy projects are also being accelerated in order to combat dependence on energy from Russia, while significant savings in gas consumption are being achieved. This should help to get through the next winter without gas shortages in Europe.

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