Get all your news in one place.
100's of premium titles.
One app.
Start reading
Reuters
Reuters
Business
By Nina Chestney and Bozorgmehr Sharafedin

Analysis-Russian gas supply gap casts chill in Europe as winter nears

FILE PHOTO: The Astora natural gas depot, which is the largest natural gas storage in Western Europe, is pictured in Rehden, Germany, March 16, 2022. REUTERS/Fabian Bimmer

Europe needs to pay up to import liquefied natural gas, pray for a mild winter and cut energy demand as any sabotage of infrastructure or even deeper cuts to Russian supply would make power rationing or blackouts all but inevitable.

Even if Europe manages to stay warm and keep the lights on this winter, it will have a much bigger challenge to refill depleted storage next year than it did to meet a European Union goal to build stocks to 80% of capacity by November this year.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.