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Historically low gas supplies in Europe: Are citizens expecting higher gas bills from autumn?
Croatia🏛️ PoliticsCenter5 hr. ago

Historically low gas supplies in Europe: Are citizens expecting higher gas bills from autumn?

Citizens and companies across the European Union may face higher gas prices during the upcoming heating season due to rising wholesale gas prices and historically low storage levels across Europe. The price of gas on the reference Dutch market has risen from 27 euros per megawatt-hour at the start of the year to 66 euros. Despite having gas reserves, Croatia is preparing for potential price increases, with distributors informing small consumers that prices could rise starting in October. Experts estimate that household gas bills might increase by around 7–8 percent, or approximately 3–3.20 euros per month, unless the government intervenes with subsidies. Croatia benefits from direct access to an LNG terminal, but global factors like the Hormuz Strait crisis and reduced Qatari gas exports have contributed to higher energy costs. The government is considering measures to prevent significant price hikes, though final decisions remain pending.

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N1 Hrvatska logoN1 HrvatskaIndependentCenter5 hr. ago
Historically low gas supplies in Europe: Are citizens expecting higher gas bills from autumn?

Citizens and companies across the European Union may face higher gas prices during the upcoming heating season due to rising wholesale gas prices and historically low storage levels across Europe. The price of gas on the reference Dutch market has risen from 27 euros per megawatt-hour at the start of the year to 66 euros. Despite having gas reserves, Croatia is preparing for potential price increases, with distributors informing small consumers that prices could rise starting in October. Experts estimate that household gas bills might increase by around 7–8 percent, or approximately 3–3.20 euros per month, unless the government intervenes with subsidies. Croatia benefits from direct access to an LNG terminal, but global factors like the Hormuz Strait crisis and reduced Qatari gas exports have contributed to higher energy costs. The government is considering measures to prevent significant price hikes, though final decisions remain pending.

Bias read (Center): The article presents information on rising gas prices, government considerations regarding subsidies, and expert opinions without overtly favoring any political side. It includes quotes from both industry representatives and government officials, providing balanced perspectives on the issue.

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