The European Union has enough gas for this winter, but could face a gas shortage next year if Russia cuts supplies further. This is the conclusion of the IEA energy agency and the European Commission.
“Despite the measures we have taken, we could still face a shortfall of up to 30 billion cubic meters (bcm) of gas next year,” European Commission President Ursula von der Leyen told a press conference. You referred to data from the International Energy Agency which will be published on Monday.
Gas price limit
The German hopes that EU countries can reach an agreement in the coming days on setting a maximum gas price. He also said that there is a growing demand for joint gas procurement from EU countries. This should also become clearer in the near term
According to Fatih Birol, supreme head of the IEA, Europe would face a double deficit if the national bloc does not adopt measures to reduce consumption and other measures.
Source: BNR
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