Shell CEO: Europe’s Gas Crisis Could Continue For Multiple Winters

Europe could continue scrambling for gas supply for a number of winters due to low gas flows from Russia, according to the chief executive officer of supermajor Shell.  “It may well be that we will have a number of winters where we have to somehow find solutions,” Shell’s top executive Ben van Beurden said at a conference in Norway on Monday, as carried by Reuters. Gas and power prices in Europe were setting fresh records every day of the past week, as natural gas supply from Russia continues to be limited ahead of the winter. …