Europe Could Face Gas Supply Risks This Winter: Wintershall Dea

Europe continues to face several potential gas supply risks this winter, stressing the importance of long-term gas supplies to the continent, Wintershall Dea’s CEO Mario Mehren said to S&P Commodity Insights.

• "We are now well into the colder season. Three months ago we cautioned against complacency for this winter. And as we have seen in the past three months, risk to affordability and security of supply remain," Mehren said.
• "When it comes to the security of energy supply that our economy and society expects, none of us - policymakers or industry - can take our eye off the ball," he said.
• "Wintershall Dea is convinced that we will need gas in Europe for quite a long time still," he said.
• "Everything that supports long-term supply of gas into Europe is good. We are convinced that Norway is a good place to invest because Norway will continue to be the most important source of gas to Europe for decades to come."