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Europe Faces Natural Gas Crisis Ahead of 2025

1/14/2025

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Summary

Story summary

Europe is bracing for a tough battle over natural gas in 2025, as halted Russian pipeline deliveries and frigid temperatures drive up demand. The continent must secure an extra 10 million tons of LNG, threatening to spike prices for developing nations in Asia and South America. With elections looming, energy security is paramount for Germany.

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Story summary

Europe is bracing for a tough battle over natural gas in 2025, as halted Russian pipeline deliveries and frigid temperatures drive up demand. The continent must secure an extra 10 million tons of LNG, threatening to spike prices for developing nations in Asia and South America. With elections looming, energy security is paramount for Germany.