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The EU could have to curb gas consumption by 7% this winter, the Institute for Energy Economics and Financial Analysis warned on Friday, with stocks at their lowest for the time of year on record and the Iran war keeping prices high ahead of a full ban on Russian LNG imports from January 2027.View on euronews
The EU may face a natural gas shortfall of up to 14 bcm in the winter of 2026–2027, according to Politico Europe and IEEFA.
IEEFA predicts shortage of up to 14 bcm if LNG supplies remain tight. European storage is about 72% full, lowest level since early October 2011