25 April 2024
E.ON Ruhrgas CEO forecasts gas oversupply to last for three to five years
Publication date: 26 August 2010
Gas Strategies Group
10 Saint Bride Street
London UK
EC4A 4AD
ISSN: 0964-8496
Twitter @GasStrategies
Editorials
Subscriptions
E.ON Ruhrgas’ newly installed CEO Klaus Schäfer said he expects the current oversupply in Europe’s gas markets to last for the next three to five years. It was this which prompted Germany’s biggest gas buyer to initiate talks with Gazprom over changing the conditions attached to its long-term contracts.