FT: EU gas importers want to ask Norway to cut prices
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In Europe, they believe that because of the energy crisis, Norway must supply gas at a price below the market. About it informs newspaper Financial Times.
According to the publication, many EU executives that import Norwegian gas “privately” say that Norway “should agree to export gas at a reduced price.” A quarter of gas supplies to Europe come from Norway.
“As the price of gas continues to rise, more than doubling since Russia began openly restricting exports in June, there is a quiet murmur in the industry. He says that the time has come to ask Norway to do what previously seemed unthinkable: Norway must agree to lower the price at which it sells its gas, ”the newspaper writes, noting that this is not yet an official offer.
With rising gas prices, Norway’s state-owned company Equinor plans to make about €100 billion in energy export profits in 2022, up from €30 billion a year earlier. The publication believes that the country has already “gained some fiscal freedom.”
This week gas prices in Europe reached $2.6 thousand per 1 thousand cubic meters. m. “Gazprom” believes that in winter prices may rise to $4 thousand per 1 thousand cubic meters. m., setting a new record. According to analysts, the volume of Russian gas supplies to Europe this month will update historical low.
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