FT: The European energy crisis could take several years 14:42

The energy crisis in the European region will last for several years. About this newspaper Financial Times declaration Representative of the Swiss-Dutch oil trader Vitol Sid Bambavale.

“Europe is experiencing a gas crisis, it will last 2-3 years. Despite spending hundreds of billions of euros, filling storage facilities and helping households, the danger of crisis is high,” said Bambavale.

According to him, according to other market experts, energy demand should be reduced by providing additional natural gas supply. At the same time, it is important that gas prices remain high to limit demand.

At the end of August, Maria Belova, Research Director of Vygon Consulting statedEurope could find itself in a three-year energy crisis due to the rejection of gas from Russia. According to him, gas prices in Europe will depend on the volume of exports from Russia. Also, a decrease in supply will lead to a sharp increase in offers, and the launch of Nord Stream 2 will increase supply and stabilize prices.

Later, Igor Yushkov, an expert at the Financial University of the Russian Government and a leading analyst at the National Energy Security Fund, shared a similar view, assuming that the energy crisis in Europe would be over in a few years.

Source: Gazeta


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