Head of the International Energy Agency Fatih Birol
- “We believe that there are strong elements of tension in the European gas markets due to Russia’s behavior,” Birol told reporters, noting that “the low flows of Russian gas to Europe today ‘ hui coincide with heightened geopolitical tensions over Ukraine “.
- Russian gas company Gazprom slashed exports to Europe by 25% year-on-year in the fourth quarter of 2021 despite high market prices and reduced spot sales while other exporters boosted them, Birol said. “The current storage deficit in the European Union is largely due to Gazprom,” he added.
Link to the part for more information if you are interested. Birol really doesn’t say anything that hasn’t been probed before.
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