‘Europe has no buffer anymore’: Trader breaks down how EU backed itself into corner in gas market

Lost flexibility in gas sourcing leaves Europe exposed to volatile prices in uphill struggle to refill inventories, Axpo head of merchant trading, tells Upstream

Marco Saalfrank, head of merchant trading at Axpo.
Marco Saalfrank, head of merchant trading at Axpo.Photo: AXPO
Published 16 April 2025, 05:50Updated 16 April 2025, 07:05
European UnionUkraine CrisisAxpoEuropeWestern Europe