"Winter Is Coming": Europe Threatens to Head Towards a New Gas Crisis
9 Articles
9 Articles
Shortly before the start of autumn, gas in Europe will be expensive again. So expensive that the storage facilities for the winter will no longer be filled up.
Poland's gas storage facilities are ready for the winter season, as reported by the head of the Gaz-Sistem Slavomir Hinz.
The European gas price broke through the 70-euro mark yesterday and has climbed further today. Yet again, new records since the conflict in the Persian Gulf, and also the highest price since the aftermath of the gas crisis in January 2023. This is worrying, as Europe still needs to replenish its winter reserves. Those reserves are at a historically low level, even lower than in 2021 and 2022, when the gas crisis raged in full force. A new disast…
The Old Continent is preparing for winter with natural gas storage at unusually low levels
Gas prices in Europe have been rising for the third consecutive day. This week, the commodity has increased by around 10 percent.
Europe in a new round of energy price hikes ahead of winter
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