"For the First Time, US Is Sending More Gas to Europe Than Russia"
https://www.bloomberg.com/news/articles/2022-07-01/us-lng-supplies-to-europe-overtake-russian-gas-iea-says#:~:text=Russia%20met%20more%20than%20a,Birol%20said%20in%20a%20tweet.
“EU is now getting more LNG from US than nat gas from RuZZia.”
Considering the huge amount of gas they were getting from Russia versus the relatively small amount of gas we’re able to liquify for delivery to Europe, added to the abject panic in Germany over gas supply this winter, I’d say someone is fudging here.
“August futures on the TTF trading hub in the Netherlands jumped as much as 10%, reaching $1,722 per 1,000 cubic meters or $168.80 per megawatt hour in household terms [161.5 euros].”
July 4, 2022: “Natural gas on the Dutch-based TTF trading hub at one point rose more than 10% to change hands above 160 euros a megawatt-hour for August futures. A year ago the product traded for 22.4 euros.”
December 24, 2021: The price of Russian gas for European countries under long-term contracts now reaches $250-300 per 1,000 cubic meters, Russian Deputy Prime Minister Alexander Novak said in an interview with Rossiya 24 TV channel.
“Today, the countries that receive [piped Russian natural gas] under long-term contracts, Germany, Serbia, and other countries, they receive it at around $250-300 [per 1,000 cubic meters],” he [Novak] said.
