The continent, which is working on detaching from Russia, could find itself in a tricky situation
The draft is to be discussed on Monday
Long-term gas supply contract would need to be modified
Foreign Minister makes announcement
In previous years, Asian markets have absorbed a significant share of supply
In January 2025, there could be a global shortfall of 7.6 million tonnes
Over 25% increase in a day.
Combination of high prices and change in overheads had an impact
Agreement might not be reached by Nov 24.
Poles and the Baltic States came up with the new package
Over 40% increase in the past week
LNG is insufficient, oil is expensive, says Fatih Birol
The drop has multiple reasons.
Unity among member states unlikely
Germany "explicitly supports" pipeline
Possible outcome of debate remains murky
Response to Finland's NATO application
U.S. LNG shipments to EU to be beefed up
Set to jointly buy gas, LNG, draft statement shows
In preparation for TurkStream deliveries