The deputy chief executive of French gas and power group Engie ENGIE.PA said on Tuesday he was worried that current gas prices may continue for foreseeable future with gas storage levels not very high in Europe.
“We are worried that the shortage of gas that we currently see may maintain the price at a high level and that our customers may suffer,” deputy chief executive Didier Holleaux told reporters on the sidelines of Gastech conference in Dubai.
Source: Reuters (Reporting by Alexander Cornwell and Yousef Saba in Dubai, writing by Marwa Rashad in London; Editing by Nina Chestney)