Even if the European gas stocks are filled to the brim right now, it doesn’t take much to create nervousness in the European gas markets. This can be seen in the gas price, which has risen by 25 percent, among other things, as a consequence of Israel closing the Tamar gas field in connection with the armed conflict in Gaza and southern Israel. The closure means that Egypt receives less gas from Israel and that the Egyptians can therefore export less liquefied natural gas (LNG) to Europe.
