On August 24, the gas market was further tightened by prolonged shutdowns of plants in the United States and Norway, exacerbating a rise in European gas prices, which is currently the most unacceptable in Europe.
An explosion at a key U.S. export terminal earlier this year has delayed the reopening from October to November. In addition, Norwegian oil fields and gas processing plants require additional maintenance and reduce energy flows, exacerbating the European energy crisis.
It is important to note that Europe has largely relied on supplies from the United States and Norway to fill the gap left by Russia in the wake of Russian energy sanctions.