Market Flux Event

TotalEnergies CEO Says Europe Faces Higher Gas Prices This Winter, Not Shortage

Read this in the Market Flux app

TotalEnergies CEO Patrick Pouyanne said Monday that Europe will not face a gas shortage this winter but will be forced to pay more to secure sufficient supply. The distinction is significant: adequate volumes are available, but competition for them on global markets will push up costs for European consumers and industry.

© AI-generated summary is provided by Market Flux

Sources

  1. LiveSquawkTotalEnergies CEO Sees No Gas Shortage In Europe This Winter
  2. FirstSquawkTOTALENERGIES CEO SEES NO GAS SHORTAGE IN EUROPE THIS WINTER
  3. ReutersTotalEnergies chief sees no gas shortage in Europe this winter
  4. StaunovoTotalEnergies chief sees no gas shortage in Europe this winter