Gastech, the first major in-person industry event since the pandemic started, couldn’t have happened at a better time to show that despite the push toward renewable energy, natural gas will continue to play a key role in keeping consumers warm and industries operating. As energy ministers of major gas-producing nations and top executives of the world’s largest gas companies and commodity traders gathered in Dubai for the start of Gastech this week, natural gas prices in Europe continued to surge amid a very tight market. Demand is surging ahead of the winter heating season, but gas stocks are at multi-year lows, and supply cannot catch up with demand. Weather in northern Europe in recent weeks has reduced wind power generation, forcing utilities to turn to more gas and even coal – despite the EU’s green ambitions – to keep the lights on and industrial activities running. Consumers are feeling […]