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Bone-chilling winter from Berlin to Davos causes energy scramble

By Bloomberg | China Daily | Updated: 2017-01-16 07:43

From the rivers criss-crossing Eastern Europe to the Mediterranean ports of Greece and France, everyone is hunting for energy supplies.

Blizzards, gale force winds, arctic temperatures and river ice thicker than a house has left the stewards of the European energy business frenzied. Prices of natural gas, primarily a heating fuel, has soared to the highest in more than two years.

Blackouts across Eastern Europe caused electricity rates to spike to record levels.

Bone-chilling winter from Berlin to Davos causes energy scramble

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