Speaking at a meeting of the EU Energy Committee on October 14, European Energy Commissioner Kadri Simson said: “We expect high gas prices to gradually decline from spring next year, based on current demand forecasts. However, this winter will be a defining period. Underground gas storage facilities in the EU (total coverage of only 20% of the needs) enter the winter period with an injection rate below the historical average of 77%. Russia and No...

Please login or subscribe to read more

Leave a review

Europe

Follow us on social networks

In Focus