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Executive Director of the International Energy Agency (IEA) Fatih Birol has warned of possible energy shortages next winter. Birol has said an additional 23 billion cubic metres of LNG is expected this year and that China would likely swallow 80 percent of the extra gas. He has also stated that European households and firms need to continue efforts to reduce gas usage, renewable energy outputs need to expand faster, and countries should reconsider their plans to phase out nuclear energy.

Executive Director of IEA warns of energy supply shortage next winter

Executive Director of the International Energy Agency (IEA) Fatih Birol has warned of possible energy shortages next winter. Birol has said an additional 23 billion cubic metres of LNG is expected this year and that China would likely swallow 80 percent of the extra gas. He has also stated that European households and firms need to continue efforts to reduce gas usage, renewable energy outputs need to expand faster, and countries should reconsider their plans to phase out nuclear energy.

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