Friday, October 7

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IEA chief Fatih Birol in warning over European gas storage

IEA chief Fatih Birol in warning over European gas storage

News
A German gas storage facility photographed in September 2022. European countries are attempting to wean themselves off Russian gas following the Kremlin's invasion of Ukraine.Krisztian Bocsi | Bloomberg | Getty ImagesThe executive director of the International Energy Agency on Wednesday said that while Europe's gas storage for this winter was nearly full, the following one could pose a significant challenge.Taking questions following a meeting of the Economic Council of Finland, Fatih Birol said close to 90% of gas storage was full in Europe."I would have preferred that the European countries were much more nimble, much … faster, to react to our recommendations," he told reporters, referencing the IEA's 10-point plan on how to reduce Europe's reliance on Russian gas following the Kremli...