The consumption of natural gas normally varies throughout the year. But could this perfect storm have been predicted? Or more importantly, could it have been prevented? Blame it on climate change… The economies of continental Europe also do not seem to be comfortable with this new turbulent reality. This record, however, is likely not to be the final one for this year, as the European economies are still in desperate need for filling their storage facilities to get ready for the upcoming winter.ĭue to the gas market chaos, many companies in Europe's business ocean are facing challenging times and those reliant on natural gas are currently amidst perfect storm.įor instance, in the UK, the country with some of the highest gas market prices in Europe, small energy firms and fertiliser producers fell the first victims of the price spike and either shut down or went bankrupt.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |