London Daily

Focus on the big picture.
Thursday, Apr 17, 2025

Energy boss warns of shortages next winter as China's consumption set to rise

Energy boss warns of shortages next winter as China's consumption set to rise

"It is not right to be relaxed, it is not right now to celebrate," says the head of the International Energy Agency, Fatih Birol.

Europe is "off the hook" on energy supplies this winter - but it has also got lucky, a senior official has said.

Fatih Birol, head of the International Energy Agency, has warned against complacency, saying there could easily be energy shortages next winter.

One of the principle reasons for that is the end of heavy COVID restrictions in China, leading to increased economic activity, and therefore a rise in gas consumption.

While an extra 23 billion cubic metres of liquefied natural gas (LNG) is expected to be produced this year, China could take 80% of it, Mr Birol said.

"Even though we have enough LNG import terminals, there may not be enough gas to import and therefore it will not be easy this coming winter for Europe," he commented.

Prices could be pushed up again - just as they were when Russia invaded Ukraine. The war will be a year old on Friday.

"It is not right to be relaxed, it is not right now to celebrate," Mr Birol commented.

He is asking countries that have decided to phase out nuclear energy to consider whether it is the right time to do so.

There could be shortages next winter, Mr Birol has warned

On a more positive note, Mr Birol said European governments had made many correct decisions as they sought to ensure their energy supplies.

Those include building more LNG terminals to replace pipeline deliveries of Russian gas.

But they also got lucky, with a mild winter dampening demand and economic weakness in China leading to the first drop in consumption there for 40 years.

"For this winter it is right to say that we are off the hook. If there are no last minute surprises, we should get through...maybe with some bruises here and there," Mr Birol said.

"But the question is, what happens next winter?"

Even with a renewed push to develop new gas fields, it could be years before they come online, he warned.

Klaus Mueller, head of the German agency which regulates gas and electricity markets, has also predicted possible gas shortages next winter, especially as Germany will now have to fill storage facilities without Russian pipeline gas.

"We can manage it but will have to really make a big effort," he told radio station Deutschlandfunk.
Comments

Oh ya 2 year ago
The stupid Europeans will learn there lesson next winter that they should not be a vassal for the collapsing US empire. They can not make it without cheap Russian gas. BASF has announced it is moving out of Germany and too China because they can not get the gas they need. Glass and steel plants are shutting down also. Fertilizer plants have go gas to make fertilizer for next years crop. The world needs to wake up about the true USA

Newsletter

Related Articles

0:00
0:00
Close
U.S. State Department Raises El Salvador’s Safety Ranking, Making It Safer Than France and Other European Nations
UK Government Assumes Control of British Steel's Scunthorpe Plant Amid Shutdown Threat
UK MP Wera Hobhouse Denied Entry to Hong Kong During Family Visit
Bangladesh Issues Arrest Warrant for UK MP Tulip Siddiq
China Urges United States to Cancel Tariffs Amid Escalating Trade Tensions
The Empire’s USD Pyramid Scheme Is Working Brilliantly—So Why ‘Fix’ It?
China Raises Tariffs on U.S. Goods to 125% Amid Escalating Trade Dispute
Elon Musk Reports $150 Billion in Projected Government Savings Amid Fraud Investigations
U.S. and Panama Finalize Defense Agreements Amid Canal Access and Chinese Influence Concerns
China Stands Firm Amidst Trade Disputes with the US: A Factual Analysis
U.S. Tariff Escalation Sparks Global Trade Tensions
Helicopter crashes in NYC with four people on board.
Australia Dismisses China's Suggestion to Collaborate Against US Tariffs
EU Postpones Response to US Tariffs
The Trump Administration is contemplating removing Chinese companies from U.S. stock exchanges.
Violent Incidents and Public Safety Concerns Escalate in London and County Durham
UK MP Arrested on Suspicion of Rape and Child Sex Offences
UK Gears Up to Respond to US Tariffs with Industrial Strategies and Trade Initiatives
‘Rocky’ star Dolph Lundgren and his wife Emma Krokdal bask in the Miami sunshine following the actor’s lengthy health struggles.
Spain Encounters Countrywide Protests as Housing Crisis Intensifies
Alisha Lehmann's Modeling Campaign and Public Controversy Stir Debate Ahead of UEFA Women's Euro
U.S. Firms with Major International Revenue Exposure in Light of New Tariffs
President Trump Calls on the Federal Reserve to Reduce Interest Rates in Light of New Tariffs
President Trump Prolongs TikTok Sale Deadline by 75 Days
Global Markets Dive Amid Rising U.S.-China Trade Conflicts
British comedian Russell Brand faces charges of rape and several sexual assaults.
Kanye West Reveals in a New Song That His Wife Bianca Censori Has Departed from Him
Actor Jean-Claude Van Damme Accused of Having Sex with Human Trafficking Victims
Tom Cruise Pays Tribute to Val Kilmer at CinemaCon
Europe Pursues Digital Autonomy Amidst Transatlantic Strains
OpenAI Lands Unprecedented $40 Billion Funding.
Charity Chairwoman Accuses Prince Harry of Bullying and Harassment
DOGE revealed that USAID provided $84 million to the Clinton Foundation. Of this amount, $3 million was spent on Chelsea Clinton's wedding, and $10 million was used to acquire a lavish mansion.
The State Department has announced the formal closure of USAID.
Apple's Innovation Deficit: Falling Behind in AI and Foldable Technology as Chinese Developments Progress
President Trump Proposes Military Intervention to Obtain Greenland
Passenger Taken into Custody After Engaging in Masturbation on SWISS Air Flight
Barcelona player Dani Alves found not guilty of rape accusations.
PUTIN'S LIMOUSINE DETONATES—SECURITY CHAOS ENSUES
French Foreign Ministry Denounces U.S. Interference in Corporate Diversity Initiatives
Copyright Issues Emerge as AI-Generated Studio Ghibli Images Gain Popularity
This is what we refer to as CREATIVITY.
Removing the Political Opponent Means Dismissing the Remnants of Turkey's Economy.
Malaysia Strengthens Semiconductor Regulations in Response to U.S. Pressure to Restrict AI NVIDIA Chip Exports to China.
OpenAI Launches New Image Generation Tool for ChatGPT
Ex-FIFA President and French Football Icon Acquitted of Corruption Allegations
National Security Advisor Mike Waltz Under Investigation After Journalist Added to Secret Military Chat
Ex-Business Partner of Hunter Biden Discusses Possible Pardon from President Trump
U.S. Attorney General Announces Task Force to Prosecute Government Fraud
American Brands Face Consumer Boycott in Europe Amid Escalating Trade and Political Tensions
×