With storage levels lower than expected, concerns over Europe’s gas security are rising. In this episode, we discuss the implications of reduced reserves, the increasing dependence on LNG imports, and how the Russia-Ukraine war continues to shape supply risks. What lies ahead for Europe’s energy market? Listen now for a deep dive into the latest developments.Episode 11 | Season 1ELS Analysis is a consultancy and advisory focused on global energy markets, policy developments, political risks and how they are interlinked.

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