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Equinor CEO Says European Gas in "Better Place Than Last Year"

NATURAL GAS

Equinor’s CEO said Wednesday that European gas is in a stronger position than last year but numerous variables and a volatile winter remain.

  • "Europe is in a much better place than last year ... We actually expect the market to be quite volatile over the winter," Anders Opedal said.
  • "We will do everything we can to make sure that we maximise gas to come through the pipes, but Europe will be dependent on the LNG supply," he added.
  • He said that almost full gas storage, lower energy prices and new sources of fuel were supporting the European gas outlook this year.
Energy BulletsCommodities
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