Can Europe Avoid A Worst-Case Energy Scenario This Winter? ...Middle East

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Can Europe Avoid A Worst-Case Energy Scenario This Winter?
Europe’s gas prices fell at the start of this week to the lowest level in three months as storage is fuller than initially expected, LNG cargoes are coming in, and the weather is mild.   But European governments have been preparing for the worst-case scenario in which a colder-than-usual winter could quickly sap gas in storage, send gas prices soaring again, intensify competition for costly LNG with Asia, break consumers’ resolve to conserve energy in freezing temperatures, and force more businesses and industrial processes…

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