Europe Bracing for a Tough Winter: Prospects for Tighter Oil and Gas Markets
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Summer witnessed a sharp escalation in the Russia-Europe confrontation, amidst continued partial closure of Hormuz and major extreme weather events. Oil and gas prices are high, and the price and supply outlooks for Europe this winter are very challenging for oil products, LNG and possibly, electricity markets which see growing contamination from the Hormuz crisis and growing risks of disbalances. Moreover, the phase-out of Russian gas supplies comes with renewed risks. While weather and climate are major uncertain forces of high impact, this discussion will build on the assumption that geopolitics are likely to worsen further and explore how the EU could brace for a storm.
Speakers:
Marc-Antoine Eyl-Mazzega, Director, Center for Energy and Climate, Ifri:
External escalation and internal destabilization.
Antoine Halff, Non-Resident Fellow, Center on Global Energy Policy (CGEP), Kayrros Chief Analyst and Cofounder:
Tightening global crude stocks and refinery runs amidst uncertain crude supplies: will supplies worsen for Europe.
Pierre Gentine , Director, Learning the Earth with AI and Physics (LEAP) NSF Science and Technology Center, Columbia University:
Winter is coming - what can be said about El Nino and possible winter weather trends in Europe, US and Asia?
Guillermo Perez-Mato, Manager Gas Market Analysis & Meteorologist, Equinor:
Can Norway supply more to Europe?
Leslie Palti Guzman, CEO, EnergyVista:
Can the US continue sustain higher LNG exports, even in winter?
Olivier Arrivé, System Operations Committee chair, ENTSO-E and Deputy Director of Operations, RTE:
Ensuring EU’s security of electricity supplies this winter with high priced and constrained gas supplies.
Please note that the event is by invitation only. It will be held in English without translation.
Contact
Alexandra BOR
Assistant to the Center for Energy & Climate, Ifri
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