الاقتصادية
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Europe is entering the winter of 2026–27 amid tight LNG supplies and intensifying competition with Asia. Storage injections have slowed, while gas prices in Europe and Asia have reached their highest levels in four years, with the Dutch TTF contract topping €100 per megawatt-hour in late October. Wood Mackenzie estimates that storage levels, which stood at around 75% at the end of October, could fall to 17% by winter’s end if expected conditions persist—and drop further in a cold snap. The resumption of gas flows through the Strait of Hormuz remains crucial to easing the pressure. Kpler has pointed to the possibility of electricity prices falling if the weather turns milder and nuclear output recovers, although France and Germany are expected to continue relying on gas to set prices during most winter hours.
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