The International Energy Agency is “sounding the alarm bell” over gas supplies next year, warning European leaders not to become complacent following the recent fall in prices and urging them to take immediate action to ensure supplies for next winter.
Fatih Birol, head of the IEA, said on Thursday that while Europe had successfully filled storage sites to 95 per cent ahead of the winter months, the agency forecast a significant shortfall for next year, with Russian supplies expected to remain largely cut off.
“The fact that this winter may not be as challenging as we feared a couple of months ago does not justify complacency for next winter,” Birol said.
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