Europe’s winter gas supplies at risk from market disruptions

Quick Summary:

Yet as the region heads into the colder months, traders and analysts are concerned about the region coming out of this winter as smoothly.

That allowed the continent to lure LNG, at the expense of developing nations who needed it, but were priced out.“The risk is we don’t run out of gas this winter, but it gets a lot more difficult to fill to a comfortable level ahead of next winter,” said a gas trader.“You’ll always have gas.

Should Europe experience a much colder winter, storage levels could drop to about 35 per cent, analysts said.

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Article Details

Author / Journalist: Alan Smith

Category: MarketsFinanceInvesting

Markets: United StatesUkraine

Topics: Energy Russian Prices Need Global Winter Cent Supply Demand Winters Europe

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-07 @ 05:00:46 (15 hours ago)

News Timezone: GMT -5:00

News Source URL: ft.com

Language: English

Article Length: 997 words

Reading Time: 6 minutes read

Sentences: 45 lines

Sentence Length: 23 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Financial Times

News ID: 23457277

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