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Saturday, December 7, 2024
World'EU must stock up on gas before winter'

Date:

‘EU must stock up on gas before winter’

Europe needs to find new sources of gas now in order to meet its energy demands this winter, energy expert Samuel Ciszuk from the ELS Anaylsis consultancy tells the BBC.

He says there’s pressure on all EU countries to start increasing gas storage supplies in preparation for the colder months, when demand is higher.

“Going into the summer, everything is about stocking up.”

“There have been orders going out from several governments to companies in their countries to buy as much as possible in order to fill their storages,” he said. “Even including buying as much Russian gas as possible.”

Ciszuk added that one unanswered question is what will happen to Russian gas originally destined for Poland and Bulgaria.

“What remains to be seen is whether Russia will offer some of these volumes to buyers other than Poland,” he says.

Source: bbc.com

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