OilPrice
Gazprom CEO Alexei Miller has issued a stark warning about the future of the European gas market. Speaking at the St. Petersburg International Gas Forum, Miller highlighted the rising volatility in gas prices and the possibility of new price shocks and supply disruptions. He attributed these risks to Europe’s ongoing “deindustrialization,” a result of high energy prices that make European industries less competitive compared to global counterparts…
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Gazprom Warns of Rising EU Gas Volatility Amidst Deindustrialization Fears
Gazprom CEO Alexei Miller has issued a stark warning about the future of the European gas market. Speaking at the St. Petersburg International Gas Forum, Miller highlighted the rising volatility in gas prices and the possibility of new price shocks and supply disruptions. He attributed these risks to Europe’s ongoing “deindustrialization,” a result of high