Gas Crisis Set to Worsen After Europe Burns Through Winter Stocks

Gas Crisis Set to Worsen After Europe Burns Through Winter Stocks
A gas burner on a cooker in a private home in Bordeaux, southwestern France, on Dec. 13, 2012. Regis Duvignau/Reuters
Reuters
Updated:

HELSINKI/BRUSSELS—Europe may face an even more acute energy crunch next year after draining its natural gas tanks to get through the cold of this winter, the head of the International Energy Agency said on Wednesday, as the EU looks for ways to ease the crisis.

European countries have filled storage tanks to around 90 percent of their capacity after Russia cut gas supplies in response to Western sanctions imposed over its invasion of Ukraine.