EU could face 30 bcm gas shortage next year, IEA says

BRUSSELS (Reuters) – The European Union has secured enough gas for this winter but could face a gas shortage next year if Russia further cuts supplies, the European Commission and the International Energy Agency said on Monday.

“Despite the action that we have taken, we might still face a gap of up to 30 billion cubic metres (bcm) of gas next year,” European Commission President Ursula von der Leyen told a press conference, citing data from the International Energy Agency due to be published on Monday.