Europe: Well-positioned to get through next winter without major gas shortages

Gisela Rua

No 2023-08-07, FEDS Notes from Board of Governors of the Federal Reserve System (U.S.)

Abstract: Following Russia’s invasion of Ukraine in early 2022 and resulting international sanctions, natural gas imports from Russia to Europe declined drastically to well below their historical averages. This reduction raised concerns about Europe’s energy supply, given its dependence on Russian gas.

Date: 2023-08-07
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Persistent link: https://EconPapers.repec.org/RePEc:fip:fedgfn:96659

DOI: 10.17016/2380-7172.3365

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