2min chapter

The Sound of Economics cover image

Europe’s gas outlook for 2023

The Sound of Economics

CHAPTER

The European Energy Security for This Year and the Next Starts Now

The demand reduction was agreed to be achieved in the order of 15% during the winter, and this target set at the European level is certainly being met. Currently we are heading toward the end of the winter with the storages still more than 60% full. It is important to appreciate that European energy security for this year and the next starts now. We need to continue to put in place the right measures to keep the demand reduced as we move forward.

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