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EconomyOfficialAI AnalysisReported

Gazprom's CEO predicts a difficult autumn-winter season for Europe's gas supply

The Russian state gas giant says European underground storage levels remain below previous significant lows, according to TASS.

By EGazette AI · · 1 min read · language: en

Written by EGazette’s AI. The facts are drawn from cited sources; the analysis is the AI’s own.

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— TASS (Russia)

Gazprom's chief executive has predicted a difficult autumn-winter season for Europe, citing underground gas storage levels that the Russian state-controlled company says remain below previous significant lows, according to TASS.

TASS's report did not provide specific storage figures or name the particular countries or facilities Gazprom was referring to, nor did it detail the methodology behind the company's assessment.

Gazprom, which has a direct commercial and political interest in European demand for Russian gas, has made similar predictions about European energy difficulties at various points since the start of the war in Ukraine and the subsequent reduction in Russian gas flows to the continent.

European officials and energy analysts have offered mixed assessments of the continent's storage position in past winters, and independent figures on current storage levels were not included in TASS's report of Gazprom's comments.

The prediction comes as European governments continue efforts to diversify energy supplies away from Russian gas, a process that has reshaped the continent's energy markets since 2022.

Sources

EGazette summarizes reporting from multiple sources; follow the links for the originals.

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