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Gazprom CEO Says The EU Will Survive Through The Winter But Will Run Out Of Gas By March

RT: Gazprom CEO makes grim predictions for EU  

The region will struggle to survive through the winter and may run out of gas by March, Aleksey Miller claims  

Entire cities in Europe could freeze over during the cold peak of winter, CEO of Russian energy major Gazprom, Aleksey Miller warned, speaking at Russian Energy Week on Wednesday. 

According to his estimates, Europe may lack about 800 million cubic meters of gas per day which represents a third of the EU's total consumption. In the worst case scenario set out by Miller, gas storage facilities in the region will only be 5% full by March.  

Read more ....  

Update #1: Alexey Miller: Level of European UGS reserves may drop to 5% by March (News.am)  

Update #2: Gazprom's Miller says Germany's gas storage only enough for 2-2.5 months (Reuters)  

Update #3: Gazprom CEO Says Europe Could Freeze Even With Full Gas Storage (Bloomberg)  

WNU Editor: The Gazprom CEO is saying the same thing that I said last month. Everyone has enough stockpiles to last a normal winter, but it is the spring of 2023 and beyond that we should be more concerned about when it comes to critical energy supplies and shortages.



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