The representative of the Department of State did not rule out a gas shortage in Europe in the winter

The representative of the U.S. State Department, Amos Hochstein, fears a lack of gas in Europe in the event of a cold winter, Bloomberg reports, citing his words.

“If we have a colder winter than usual, I am concerned that we will not have enough gas for heating in some parts of Europe,” the agency quotes Hochstein as saying.

He added that while some countries will still be able to buy gas at a higher price that has developed on the market, others may be forced to ration fuel.

In addition, Hochstein said that the lack of gas will be associated with low reserves and limited supplies from Russia.

Gas in Europe has recently risen significantly in price. Its price on the futures market during the trading session on September 15 reached a record $ 963.9 per thousand cubic meters. And today, the price of the October gas futures according to the Dutch TTF index, the most liquid European hub, is above $ 900 per thousand cubic meters.

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Author: Ivan Maltsev
The study of political and social problems of different countries of the world. Analysis of large companies on the world market. Observing world leaders in the political arena.
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Ivan Maltsev

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