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        Since the escalation of the Russian-Ukrainian conflict on February 24, the European gas supply problem has been affecting the global market. In the context of the Russia-Ukraine conflict, the EU's sanctions against Russia continue to escalate, and the relationship between Russia and the 27 EU member states has further deteriorated; EU member states, especially Germany, are facing a pressing problem with gas supplies this winter. On July 26, the 27 EU member states reached a European gas restriction agreement in Brussels, agreeing to run from August 1, 2022 to March 31, 2023,depending on the measures of their choice., natural gas demand will be reduced by 15% from the average consumption over the past five years. This o improve the security of the EU's energy supply. The measure is aimed at improving the security of the EU's energy supply. However, the source also pointed out that the actual effect of the EU's move is difficult to predict. For the European chemical industry on the cusp of the storm, it is difficult to predict the situation in the second half of this year.

Created on:2022年8月11日

European Chemical Industry Uncertainty Increased

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