Europe risks running out of gas if Nord Stream shuts

If the Nord Stream pipeline to Germany is shut totally, Europe could fail to reach adequate storage levels by the start of November

The region could run out of stocks completely by January, according to an energy research company.

Europe risks running out of natural gas stockpiles in the middle of peak winter demand should Russia’s supplies via a critical pipeline stop completely, according to consultant Wood Mackenzie Ltd.

In the worst-case scenario where the Nord Stream pipeline to Germany is shut totally, Europe will fail to reach storage levels the European Union has ordered by the start of the heating season in November.