Europe's Thin Gas Reserves Could Spark Costly Winter Bidding War
The region enters autumn with insufficient natural gas inventories, needing over 100 terawatt-hours worth more than €7 billion to hit a 75% storage benchmark. Analysts caution that failing to secure these volumes may push winter wholesale prices above €100 per megawatt-hour. This shortfall could intensify competition with other importers for limited global supply.
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Original headline: “Europe's Gas Gamble Risks Higher Prices in Global Supply Fight.” Browse more stories.