
European households could freeze this winter even if supplies natural gas in the reservoirs too high warned the head Gazprom.
OUR He is choosing Miller, speaking at the Russian Energy Week in Moscow, noted that unusual a wave of low temperatures in winter, lasting even five days, can freeze entire cities. Referring to the analysis, he said that during the days of peak demand, Europe could be deprived of about 800 million cubic meters of natural gas per day.
“Obviously, the energy crisis in Europe will not last long,” Miller said, expressing confidence that it will be difficult for Europe to bring its reserves up to the previous level in the coming winters. He even mentioned that the natural gas, which is in the underground storage facilities in Germany, is enough for 2-2.5 months.
He also reiterated a proposal made earlier at the same conference by Russian President Vladimir Putin to establish a gas energy hub in Turkey that would be routed to Europe. Miller also said that it would take at least a year to repair the damage to the Nord Stream gas pipeline, and that Russia still has no access to the damaged section.
Europe may have filled its gas storages, but “whole cities” could still freeze during this winter’s cold snap due to lack of fuel imports, Gazprom chief says https://t.co/lu5WVRn9sC
— Bloomberg (@business) October 12, 2022
EU: Indecision on gas ceiling
The European Commission has not yet decided whether to include capping the price of natural gas used to generate electricity in the energy package it will propose next week, the head of EU energy policy said.
“Over the weekend, we will see how we can move forward with limiting the use of natural gas for electricity production – if it is at a stage where we can say that the vast majority of member states support this measure,” the energy commissioner. said EU Kadri Simson at a press conference after the meeting of European energy ministers in Prague today Wednesday.
“EU countries they want a common gas market”
European Union energy ministers have reached a general agreement on joint gas supplies by next summer, and also agreed that an alternative reference price for natural gas is needed, Czech Industry Minister Józef Sikela said.
The ministerial meeting in Prague helped bridge differences between EU member states, Mr. Sikela said. “We want to speed up joint purchasing and use the purchasing power of the entire EU to ensure supplies for next winter, which may be even more important than next,” he said.
According to Bloomberg, REUTERS
Source: Kathimerini

Lori Barajas is an accomplished journalist, known for her insightful and thought-provoking writing on economy. She currently works as a writer at 247 news reel. With a passion for understanding the economy, Lori’s writing delves deep into the financial issues that matter most, providing readers with a unique perspective on current events.