Europe’s Race To Ensure Gas Supply Comes At A Cost  ...Middle East

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Europe’s Race To Ensure Gas Supply Comes At A Cost 
source : OILPRICE ( Middle East ) () 27
Europe has managed to fill its gas storage sites to nearly 90% as winter approaches, but stocking up on gas has come at a price. Gas and energy prices are now so high that energy-intensive industries are shutting down production lines or whole factories, while households are constantly being asked to conserve gas and electricity to avoid rationing and/or blackouts this winter.    The EU, most of which is now deprived of any gas supply from Russia, is doing relatively well with stocking up on alternative supply. The prices, however,…

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