
EU Gas Storage Failings Mean More LNG Imports
With storage facilities only 28% full at the start of the summer injection season, the writing is on the wall for Brussels as it prepares for a cold winter.

With storage facilities only 28% full at the start of the summer injection season, the writing is on the wall for Brussels as it prepares for a cold winter.

Three years after reducing its dependence on Russian gas, Europe is still heavily dependent on imported oil and on strategic routes. The supplier may have changed. The dependence has not.

Habeck warned that Germany is looking at an “extremely tense” situation in the coming months, saying that if Germans fail to reduce their gas consumption, we risk “not having enough gas this winter.”