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Shell CEO Says Europe Faces ‘Tough Winter’ And Rising Prices

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  • Countries should have contingency plans in case gas turned off
Ben van Beurden.

Ben van Beurden.

Photographer: Jose Sarmento Matos/Bloomberg
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Europe will face a tough winter with even higher energy costs, Shell Plc’s Chief Executive Officer Ben van Beurden said Thursday.

“We will be facing a really tough winter in Europe,” van Beurden said. Prices are set to rise further and “in a worst case, we will be in a situation where we have to ration.”