21 Hrs
Source:
اقتصاد
اقتصاد
Ready to play
Ready to play
The article discusses Europe's efforts to compensate for the gas shortage caused by declining reserves and increasing demand, especially with winter approaching. It highlights Europe's heavy reliance on Norwegian gas as a primary alternative due to the rising prices of liquefied natural gas and heightened competition with Asia for global shipments. The article points out that Europe's reserves have fallen to their lowest levels in 15 years, and gas prices have risen significantly, driven by Asia's growing demand, which is now willing to pay higher prices—a historic shift in the gas market. The report also confirms that the European Union is currently focused on securing long-term supplies from Norway, which provides about one-third of its needs, as Europe’s renewable energy ambitions decline in favor of reliance on oil and gas due to high demand and current challenges.
Notice: This Is an AI-Generated Summary
Comments (0)