ENTSOG Yearly supply outlook 2022/2023
ENTSOG decided to publish an extraordinary report focused on the full gas year disruption of the gas supply from Russia to Europe.
The invasion of Ukraine by Russia has triggered severe energy security concerns in Europe. Therefore, ENTSOG decided to publish an extraordinary report focused on the full gas year disruption of the gas supply from Russia to Europe.
The analysis investigates the possible evolution of the gas supply as well as the ability of the gas infrastructures to meet the demand, the exports and the storage injection needs during the gas year 2022/2023 (from 1st of October 2022 to 30th of September 2023). ENTSOG has run additional sensitivity analysis to assess the impact of a full Russian supply disruption starting from 1st July 2022 and continuing for the entire 2022/2023 gas year and the possible measures that could be envisaged in the EU to mitigate this.
ENTSOG Yearly Supply Outlook 2022/2023 is an assessment of the readiness of the gas infrastructure to cope with the upcoming gas year under different scenarios, but this assessment is not a forecast of the expected gas supply situation. The model assumes cooperative behaviour among Member States as well as LNG distribution to terminals and storage utilisation according to security of supply needs. The actual utilisation of the gas infrastructure, including the development of the gas storage levels, will be determined by availability of supply sources, the decisions of the market participants (e.g. price driven instead of security of supply) and influenced by external factors such as policy decisions.