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Gazprom Says Gas Facilities At All Time Low

ENERGY

Gazprom has announced in a tweet that gas levels at Europe’s underground gas facilities are at all-time low.

  • According to Gazprom facilities in Europe have seen withdrawal of four-fifths of the gas supply injected in summer.
  • The announcement from the Russian state owned gas company is a reminder that Russia has significant influence over European energy supply and that an escalation of the tensions in Ukraine is likely to lead to a European energy crisis.
  • Full statement here.

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