Amid the ongoing global energy crisis, Never Too Early to Prepare for Next Winter: Europe’s Gas Balance for 2023-2024 examines the latest developments in European natural gas and electricity markets, and in global LNG markets – assessing their implications for Europe’s gas balance in 2023...

European and global natural gas markets are not yet out of the danger created by Russia’s cuts to pipeline deliveries of gas. If gas exports from Russia drop to zero and China’s LNG imports rebound to 2021 levels, there is a risk of a shortfall gas supplies in 2023. Measures already taken by...

This note examines which regional economies in Europe are most exposed to rising gas prices on the basis of their dependency on gas intensive manufacturing sectors such as chemicals or basic metals. Based on OECD calculations we find that the employment shares of the most gas-intensive...