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Who’s Winning the Energy War Between Russia and the West?

Carnegie Politika Podcast

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Gas Prices in Europe - What Is Going to Happen to Europe?

Gas prices that were already high before the war in 2021, two, three times higher than normal went up by additional five times. That indeed had some very unpleasant effects on European industry. We can say rather safely now, this has been in February, that European plan did work. And now everything will be smooth in 2023 onwards. Now 2023 is still a year of vulnerability, because there are no substantial new gas supplies that would come online in 2023.

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