The European Union appears to be well prepared for the 2023–2024 winter gas season, according to an analysis that the think tank Bruegel published on Tuesday, 10 October. Despite a difficult winter 2022–2023 following Russia’s invasion of Ukraine, the EU has strengthened its position in terms of energy security.
Gas demand was 15% lower than historic averages during the first two quarters of 2023. In addition, liquefied natural gas (LNG) import capacity increased 20%, partially...