{"id":42947,"date":"2022-07-14T15:06:04","date_gmt":"2022-07-14T15:06:04","guid":{"rendered":"https:\/\/tahrir2day.com\/news\/2022\/07\/14\/energy-rationing-cannot-be-ruled-out-warns-shell\/"},"modified":"2022-07-14T15:06:04","modified_gmt":"2022-07-14T15:06:04","slug":"energy-rationing-cannot-be-ruled-out-warns-shell","status":"publish","type":"post","link":"https:\/\/tahrir2day.com\/news\/2022\/07\/14\/energy-rationing-cannot-be-ruled-out-warns-shell\/","title":{"rendered":"Energy rationing cannot be ruled out, warns Shell"},"content":{"rendered":"
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Energy rationing in Europe cannot be ruled out, warned the head of energy giant Shell given concerns about gas supplies from Russia.<\/b><\/p>\n<\/div>\n

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Speaking at an energy conference, Ben van Beurden said a “really tough winter in Europe” was coming and energy prices would rise “significantly”.<\/p>\n<\/div>\n

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Energy prices rose earlier this year after Russia invaded Ukraine.<\/p>\n<\/div>\n

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Russia has also been accused of using gas “as a weapon” by limiting supplies in response to EU sanctions.<\/p>\n<\/div>\n

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Last month, Germany moved closer to gas rationing after triggering the “alert” phase of an emergency gas plan to deal with shortages amid fears of tighter supplies. The highest level of the plan would allow the state to step in and prioritize energy allocation to homes and emergency services.<\/p>\n<\/div>\n

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This week, Russian natural gas supplies to Germany via the Baltic Sea pipeline Nord Stream 1 were halted for 10 days of annual maintenance, but there are fears supplies may not resume.<\/p>\n<\/div>\n

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    \n
  • Germany fears that the gas lockdown in Russia could become permanent <\/li>\n<\/ul>\n<\/div>\n<\/div>\n
    \n

    Europe’s gas stocks are 62.6% full, with warnings that reaching the 80% target for the winter will be difficult if gas supply disruptions continue.<\/p>\n<\/div>\n

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    The EU has pledged to cut gas imports from Russia by two-thirds within a year, but it has struggled to reach an agreement on further measures such as a total ban on imports.<\/p>\n<\/div>\n

    \n

    Speaking at the Aurora Spring Conference in Oxford, Mr van Beurden said: \u201cIt’s going to be a really tough winter in Europe.<\/p>\n<\/div>\n

    \n

    “Some countries will do better than others, but we will all face a very significant escalation in energy prices.”<\/p>\n<\/div>\n

    \n

    Earlier this week, the head of Britain’s energy regulator Ofgem warned that household energy bills would rise faster this winter than previously forecast.<\/p>\n<\/div>\n

    \n

    An industry analyst has forecast UK domestic bills to rise by more than \u00a31,200 a year in October. Cornwall Insight said the typical domestic customer would likely be paying \u00a33,244 a year from October, then \u00a33,363 a year from January. <\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

    Energy rationing in Europe cannot be ruled out, warned the head of energy giant Shell given concerns about gas supplies from Russia. Speaking at an energy conference, Ben van Beurden said a “really tough winter in Europe” was coming and energy prices would rise “significantly”. Energy prices rose earlier this year after Russia invaded Ukraine. 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