EU May Need 350 Extra LNG Cargoes to Replenish Reserves, Equinor Says
Europe may need to attract as many as 350 extra cargoes of liquefied natural gas this year to refill its quickly depleting storage facilities, according to one of the region's top suppliers of the fuel.
In a worst-case scenario, European gas reserves could be only 30% full by the end of the winter, said Helge Haugane, senior vice president for gas and power at Equinor ASA, during an interview at E-World in Essen, Germany.
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