Equinor CFO Sees Tight European Gas Market Going Into Winter

  • Ukraine transit, Asia LNG demand will influence Europe prices
  • Company expects US LNG moratorium to be lifted under Trump

An Equinor natural gas production facility in Karsto, Norway.

Photographer: Carina Johansen/Bloomberg
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Equinor ASA sees a tight European natural gas market going into winter, said Chief Financial Officer Torgrim Reitan.

The fragile balance between supply and demand of the fuel means external factors will have significant sway over the continent’s market, Reitan said in an interview on Bloomberg TV on Wednesday.