Its chief economist OECDAlvaro Santos Pereira, does not exclude the possibility of their existence in Europesupply disruptions in 2023 and 2024 energyespecially in case of “hard winter”.

In an interview with the French newspaper Le Figaro, he emphasizes that the priority for Europe should be a common response among its members, because, as he notes, if states start chasing subsidies for their producers without taking into account others, this will create competition problems that will damage the European solidarity.

“The EU should start reforming the energy market as soon as possible. It is clear that we must move towards European integration and decide on a common energy policy,” he says, emphasizing that “just as the Covid crisis has accelerated digitalization, this energy crisis will accelerate the transition to green technologies.”

Gazprom threatens to cut gas flows

It is also noted that as the temperature decreases, Europe and the Europeans are forced to take refuge in his reserves natural gas who possess Gazprom threatens to cut gas flows to Europe through it Ukrainian.

This is the last pipeline that still transports Russian gas to Western Europe. Moscow gradually reduced supplies.

Contract negotiators and politicians are preparing for the upcoming reduction in gas flow along this route.

After all, the news caused a new increase in the price of natural gas, first by 4.12%, and then limited to only 1.1%.

^{According to APE – MEB, Bloomberg}