Europe may shift back to coal as Russia turns down gas flows

Published by
Reuters

By Vera Eckert and Francesca Landini FRANKFURT/MILAN (Reuters) – Europe’s biggest Russian gas buyers were racing to find alternative fuel supplies and even looking at burning more coal to cope with reduced gas flows from Russia on Monday that threaten an energy crisis in winter if stores are not refilled. Italy’s Eni said it had been informed by Russia’s Gazprom that it would receive only part of its request for gas supplies on Monday, pushing the country closer to declaring a state of alert that will spark gas saving measures. Germany, which has also faced lower Russian gas flows, announced o…

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