In the coming winter, European countries may face a shortage of natural gas, which will lead to an increase in fuel stock prices. This may be because imports of liquefied natural gas (LNG) are now becoming the main energy source for the European Union (EU) amid a sharp decline in supplies from Russia. should From the estimates of the European Commission (EC) analysts.
“With high volatility amid ongoing geopolitical tensions, a price increase similar to that in 2022 cannot be ruled out, especially now that LNG imports have become the main source of natural gas for the EU,” the material said.
EC expects gas prices to stay in the range of €55-70 per MWh in 2024. EC analysts concluded that this figure is comparable to around €569-724 per thousand cubic meters of natural fuel.
February 13, Reuters cites statistics from analysts at the Brueghel Institute in Belgium reportedEuropean countries have sent around €800 billion since 2021 to help households and local businesses in connection with the energy crisis. Of this amount, Germany accounted for more than a quarter of all spending – €268 billion.