Equinor CEO Says Europe Could Face Another Winter Gas Price Spike

Enna Lee

1 min read

Add as a preferred source on Google

Equinor CEO Says Europe Could Face Another Winter Gas Price Spike

Colder weather could lift demand as depleted stocks leave the region more reliant on scarce LNG cargoes.

By Enna Lee

Published Oct 28, 2026, 6:05 PM EDT

Gas storage tanks and pipelines stand beneath a cold winter sky / TokenPost.ai

Equinor CEO Anders Opedal said Wednesday that colder winter weather could push European natural gas prices higher by increasing demand as depleted stocks leave the region more reliant on limited liquefied natural gas (LNG) shipments.

Europe’s gas storage was below historical levels ahead of winter, while the availability of additional spot LNG remained uncertain in the region’s winter supply outlook.

Enna Lee

Reporter

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.