Europe will likely have enough natural gas to safely navigate the upcoming winter thanks to high storage levels, a strategy of supply diversification away from Russia, mild weather conditions in the early fall, and policies of consumption reduction. But the situation by winter 2023/24 might be more challenging for three reasons. First, the inflow of Russian natural gas in 2023, if any, is likely to be significantly lower than this year and alternative providers in North Africa and Central Asia might not be able to fill the gap. Second, Europe and Asia will compete to secure access to spare floating storage and ... (full story)