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  • This is what would happen if Russia cuts off the gas supply to Europe entirely, according to Morgan Stanley

    08/25/2022 9:15:58 AM PDT · by Mariner · 69 replies
    Market Watch ^ | August 25th, 2022 | By Anviksha Patel
    European countries have been trying to increase their gas reserves ahead of the winter, following the reduction of Russian gas supply by around 80% over the last two years.Analysts from Morgan Stanley say while the bulk of the decline in European gas supply from the Nord Stream 1 pipeline has already occurred, the remaining 20% is an “important swing factor in any supply/demand modelling.”The forecasting suggests available gas supply is set to drop another 11% in the next gas year — which runs 12 months from October. They highlighted that supply from other regions such as Norway, the U.K. or...