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Europe's energy crisis: The looming winter of discontent that awaits India

Europe's bid to reduce its dependence on Russian gas ahead of the cold season will put pressure on prices and impact India's growing gas economy

Topics
Fuel prices | India | Russia

S Dinakar 



LNG
India’s LNG imports in August fell 19 per cent from a year earlier.

The dreary, cold months from December to February may prove to be the undoing of many a nation as they grapple with sky-high — a result of the Ukraine conflict and the pandemic. Many — Europe, South Korea, Japan, and China — will still pull through on the strength of their wealth or because of strong storage infrastructure. But will have its back to the wall.

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First Published: Mon, September 26 2022. 06:10 IST

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