EU Gas Supply Stable Amid High Energy Prices
The European Commission's official representative, Ann-Kaisa Itkonen, stated that the EU's gas supply remains stable despite high energy prices, according to Democrata.
Consensus
- Gas supply to the EU remains stable despite high energy prices.
- The European Commission and EU countries are closely monitoring the global energy market.
- The European Commission may take additional measures if risks to gas supply security arise.
- A non-formal meeting of EU energy ministers will be held in Dublin on 29 September.
- High energy prices and possible ways to reduce them will be a key topic at the Dublin meeting.
- The European Commission has previously assessed that measures in place are sufficient to ensure gas supply.
Points of divergence
- Gas storage in the EU was below 58% capacity on 6 August, the lowest level for that time of year since 2011, and 12 percentage points below the previous year's level. — vedomosti
- European gas storage was 10.3 billion cubic meters or 16.8% lower than the same period the previous year on 7 July. — vedomosti
- Russia's Gazprom estimated that storage fill levels would remain below 75% by 1 October if current injection rates continue. — vedomosti
- The EU has adopted a regulation to phase out Russian gas imports: liquefied natural gas (LNG) imports will be fully banned by 1 January 2027, and pipeline gas by 30 September 2027. — vedomosti
- The European Commission can temporarily suspend the ban on Russian gas imports in case of a serious threat to supply security. — vedomosti
- The European Network of Transmission System Operators for Gas (ENTSOG) will publish a detailed report on winter readiness on 8 October. — interfax
Coverage (2 sources)
- European Commission: Gas supplies to the EU remain stable despite high prices — Ведомости
- In the European Commission insist that gas supply of the EU is stable — Интерфакс