Equinor Warns of European Gas Price Spike Risk
Equinor warns Europe could face winter gas price spikes if cold weather arrives while storage is low. The region relies on scarce liquefied natural gas cargoes amid global supply disruptions.
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Equinor warned that Europe faces severe gas price volatility this winter if cold weather drains depleted reserves. Storage levels sit at their lowest point since 2011, pressuring regional markets. The warning highlights Europe's acute reliance on scarce liquefied natural gas cargoes amid tightening global energy supplies.
