EU gas crisis may worsen next year – IEA ...News

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There may not be enough supply to refill storage facilities next summer, which would jeopardize winter reserves, the agency claims The energy crisis in the EU may last through 2024, the International Energy Agency (IEA) said on Thursday in its new report on the future of the energy market. According to the document, the agency expects gas shortages in winter 2023-2024 because European countries may not be able to refill storage facilities during the summer months. The IEA explains that replenishing stocks this year “benefitted from key factors that may well not be repeated in 2023,” including Russian pipeline gas

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