Demand from China and Japan will be a big concern for Europe's gas supplies this winter
Outages could drive renewed European gas price volatility
Europe is better prepared than last winter, but risks remain
Europe’s high LNG import volumes last winter “pushed assets to the limit... and we will have to catch up on maintenance”, says Arno Bux, chief commercial officer of Belgian gas transmission system operator Fluxys and president of Gas LNG Europe, part of industry association Gas Infrastructure Europe (GIE). Speaking at the recent GIE conference in Riga, Bux warned that both import terminals “and also to some extent transport assets” were operating at or even above capacity. As a result, “there will be more unforeseen unavailability than in the past”, he says, adding that, while such outages “might not be an immediate or fundamental threat to security of supply”, they would “definitely contrib
Also in this section
20 January 2026
As the global energy system undergoes its most profound transformation in a century, the need for credible leadership, practical solutions and inclusive dialogue has never been greater. In 2026, the Kingdom of Saudi Arabia will stand at the centre of this conversation as host of the 25th WPC Energy Congress in Riyadh.
20 January 2026
The Kingdom of Saudi Arabia is the host of the 25th WPC Energy Congress on 26-30 April 2026. The Ministry of Energy spoke with Petroleum Economist about the key messages and opportunities for the global energy community.
19 January 2026
Newfound optimism is emerging that a dormant exploration frontier could become a strategic energy play and—whisper it quietly—Europe’s next offshore opportunity
16 January 2026
The country’s global energy importance and domestic political fate are interlocked, highlighting its outsized oil and gas powers, and the heightened fallout risk
