European power prices ease as gas markets weaken
December 16, 2025
What is Russia going to do with the gas glut? Russian gas production decreased by 12% in 2022 and another ~10% expected in 2023 (mainly by Gazprom). Any export-oriented, gas-intensive project requires capital and technologies, which are not available in Russia at present and have a long lead time. Source: Tatiana Mitrova
