The European gas crisis is intensified, storage facilities with fuel for the winter can soon be empty, writes Business Insider with reference to the study of Bank of America.
“Over the past month, the situation with gas in Europe quickly moved from the” bad “scenario to” terrible, “the study says.
According to analysts, Russia is the largest supplier of energy resources to Europe, it accounts for 40% of the gas consumed there. Against the backdrop of a reduction in supplies from Russia, Western countries, in particular, Germany and France were forced to limit the use of gas to ensure that fuel supply on the eve of the winter months, recalls Business Insider. Bank of America notes that the voltage between Russia and Europe affected the energy market: “Given that the Nord Stream uses only 20% of its capacities, gas reserves in storage facilities may be insufficient, and under these conditions the EU already plans to introduce the introduction large -scale gas consumption restrictions. “