As for Russia’s possible suspension of gas exports to Europe, Equinor CEO Anders Opedal said ‘there’s nothing much more we can do’.
The energy giant that provides over 20 per cent of Europe’s gas needs has increased gas output in North Sea’s large fields after fuel prices hit a record high in the region, Bloomberg reports, stressing that the company has already reached its maximum gas production rates.
Earlier, President of the European Commission Ursula von der Leyen said Brussels is in supplies talks with the US and other countries to Europe amid Russia’s gas threat.
Shell CEO Ben van Beurden, in turn, pledged the company’s utmost efforts in case Russia suspends gas supplies to Europe. However, Qatar, one of the parties to negotiations with the US on gas exports to Europe, said it has not enough liquefied natural gas (LNG).
Russia is currently supplying about 40 per cent of the EU's natural gas imports.
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