Equinor posted a sharp fall in first-quarter profit on Thursday, hit by tumbling natural gas prices in Europe, though strong energy trading and rising output limited the decline.
Didier Holleaux, vice president of Engie and the president of the Eurogas association, warns that Europe faces several more potentially tough winters in terms of gas supply security, and urges policymakers to avoid complacency.
U.S. natural gas futures fell on Wednesday and were bound for their first daily decline in four days on expectations of a bigger-than-expected injection into gas inventories.