Article 61D9Q Europe could face energy rationing as ‘really tough winter’ looms, Shell boss warns

Europe could face energy rationing as ‘really tough winter’ looms, Shell boss warns

by
Mark Sweney and Alex Lawson
from on (#61D9Q)

Ben van Beurden says Ukraine war fallout means big rise in bills and possible need to ration supplies

European consumers could face energy rationing this winter as costs continue to soar amid the risk of Russia cutting off gas supplies, Shell's chief executive has warned.

It will be a really tough winter in Europe," Ben van Beurden told the Aurora spring conference in Oxford on Thursday. We will all face very significant escalation in energy prices. In the worst case, Europe will need to ration its energy consumption."

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