Europe is Unable to Resolve the Gas Crisis Under US Influence!

Hello and welcome to Deepin Moments:I“Welcome to our channel! In this video, we delve into the latest edition of the ’World Gas Report’ from the International Gas Union (IGU). We explore the critical issues affecting the natural gas market, from lingering imbalances to potential price volatility. In 2022, Europe’s reliance on imported LNG surged, posing challenges to market stability. We discuss the concerns regarding supply and demand, especially with limited new capacity projected by 2025. The European Union’s gas import bill reached record levels, even as Russia’s share of exports decreased. We examine the impact of these changes on energy security, especially in the face of potential supply disruptions. The International Energy Agency (IEA) warns of the looming threat of a ’cold winter’ if Russia further curtails gas supplies to mainland Europe. Despite rising gas storage levels, uncertainties in the market persist.