WeChat QR Code

Home>News Center

IEA chief warns Europe of energy crisis after winter

2022-10-07 09:06:44       source:CGTN

October 6, 2022


Europe may face an even more acute energy crunch next year after draining its natural gas tanks to get through the cold of this winter, the head of the International Energy Agency (IEA) said on Wednesday, as the EU looks for ways to ease the crisis.


"With gas storages almost at 90 percent, Europe will survive the coming winter with just some bruises as long as there are no political or technical surprises," Fatih Birol, executive director of the IEA, said on Wednesday after a meeting with the Economic Council of Finland.


However, he warned that the real challenge facing Europe, which had historically relied on Russia for around 40 percent of its natural gas, will begin in February or March when storage needs to be refilled after high winter demand has drained them to between 25 percent and 30 percent.


Read more:

https://news.cgtn.com/news/2022-10-06/IEA-chief-warns-Europe-of-energy-crisis-after-winter-1dUyIwhDtzW/index.html