Major gas supplier issues warning to EU ...News

The region’s energy market will be volatile this winter, Equinor has warned The natural gas market in the European Union will remain turbulent in the coming winter even with the bloc’s storage facilities nearly full, Norwegian energy giant Equinor has warned. Gas reservoirs in the EU are now at 97.89% capacity, exceeding the bloc’s target of 90% by November 1 and providing a cushion ahead of the heating season. However, expectations of increased competition with Asia for LNG could push prices up, Equinor CEO Anders Opedal told the Energy Intelligence Forum in London. “We actually expect the market to be quite vol

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Major gas supplier issues warning to EU ...News

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