European gas markets face risky year ahead

EU’s stored gas volumes were high this winter despite Russian supply cuts, but bloc could be facing a 30 Bcm deficit for 2023-24

Under pressure: a gauge for gas lines at Open Grid Europe, one of Europe’s largest gas transmission system operators, in Werne, Germany. — Under pressure: a gauge for gas lines at Open Grid Europe, one of Europe’s largest gas transmission system operators, in Werne, Germany.Photo: AFP/SCANPIX

Zsuzsanna Szabo

Oslo

Energy Security Focus Ukraine Crisis Germany Russia China

Published 5 January 2023, 10:52Updated 24 January 2023, 16:16