China May Have Big Impact On European Gas Prices Next Winter

    Nearly a month into 2023, Europe’s energy outlook is far more positive than many analysts predicted at the onset of winter. Unseasonably mild winter temperatures across the continent and a successful pivot by the European Union away from Russian pipeline gas has seen supplies stabilize and prices fall from a previous peak. Also helping to defy the gloomy predictions of energy shortages and stalled economic growth in the EU were increased imports of liquefied natural gas (LNG) and a new Baltic pipeline from Norway – developments…