Europe braces for winter gas crunch

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Europe is heading into winter with gas storage well below comfortable levels, LNG supplies under pressure and the Strait of Hormuz crisis adding further uncertainty to an already tight market.

Could a cold winter push European gas prices to EUR 150/MWh? And with Europe increasingly competing for LNG on the global market, how exposed is the continent to another energy price shock?

This week, we discuss Europe's gas balance, the race for LNG, the impact of continued disruption in the Middle East and what needs to happen to prevent another painful winter for consumers and industry.

Host:Snjólfur Richard Sverrisson – Editor-in-Chief, Montel NewsGuests:Laurence Walker – Deputy Editor-in-Chief, Montel NewsTony Jordan – Founder, Energy Price IntelligenceYuriy Onyshki – Senior Gas Analyst, LSEGTrevor Sikorski – Head of Natural Gas and Emissions, Energy Aspects

Editor & Producer: Alexandra Carlon

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