Posted on 10/02/2022 5:36:16 AM PDT by FarCenter
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Russia supplied around 40% of all the gas consumed in the EU in 2021. Germany is especially reliant on this supply of cheap gas. Gas only generates about 15% of the country’s electricity but many rely on it for heating and it is vital to heavy industries such as petrochemicals that use a lot of energy.
Drastic measures are now necessary to secure alternative supplies, reduce gas demand and prepare for the possibility of shortages this winter. The EU’s Save Gas for a Safe Winter program aims to reduce overall gas demand by 15% across the bloc this winter by asking people to turn down thermostats in homes and offices, for example. Further measures are expected in the coming days.
The Nord Stream 2 gas pipeline won’t be delivering gas to Europe anytime soon. Photo: AFP / dpa / Jens Buttner / The Conversation The good news for supply to Europe is that its other sources of pipeline gas – Norway, North Africa and Azerbaijan – are all flowing normally. Winter storage is over 80% full, which is well ahead of the EU’s deadline to hit this milestone by the end of October.
Europe’s ability to get through the winter without a gas supply crisis will depend in large part on the weather: not just how cold it is, but also how sunny and windy, as gas backs up renewable power generation in many countries.
Otherwise, Europe needs to attract flexible LNG cargoes to Europe (that is, supplies that are not tied into long-term contracts which dominate in Asia). EU member states and members of the European Economic Area are expected to import 41 billion cubic meters more LNG than in 2021, covering 67% of the expected drop in Russian imports.
This remarkable progress was aided by China’s LNG demand falling almost 25% this year compared to last due to its “Zero Covid” policy and the slowdown in its economy. Nevertheless, this still leaves a significant supply gap and there are warning signs of growing competition from other parts of Asia for winter LNG supplies.
Biden has plenty. Ask Camilla.
If it’s gas the Euro’s need, we could always send them Biden. He had plenty for Camilla.
Dagnabbit! You beat me by 55 seconds.
Ask Green Greta. Berlin loves her!
Israel.
These losers were repeatedly warned but they ignored it.
There is no problem at all. resident Biden and The Squad will make sure that there will be enough Unicorn farts to more than make up the difference.
heh
Furthermore, according to Fox News, Biden, or his staff, has asked the gas companies to restrict export of natural gas.
That's a heck of a way to treat your allies, ..unless you also want to make them enemies immediately before winter.
Not quite.
They are not out of the woods yet but —
EU as a whole met it’s SEP 2022 requirement, and is currently at March and April 2023 volume, and new projects are just now coming on line from massive Finnish Nuclwar power, to new gas fields just coming online from Eastern Europe to Germany, to Norway.
Listen — https://youtu.be/Xb5mB5QDUSE
And unless stopped, Israel could replace more than lost. But that deserves it’s own category.
🎚🇺🇸🇮🇱🇺🇦🇷🇺🎚
Australia and the US are also very large exporters of LNG.
> These losers were repeatedly warned but they ignored it. <
The EU had a choice. They could listen to Trump. Or they could listen to Greta Thunberg.
They chose poorly.
They were not just warned but were offered another other options but between the Dems and the Euro’s they declined.
DJT was the Prophet.
Not quite.
They are not out of the woods yet but —
EU as a whole met it’s SEP 2022 requirement, and is currently at March and April 2023 volume, and new projects are just now coming on line from massive Finnish Nuclwar power, to new gas fields just coming online from Eastern Europe to Germany, to Norway.
Listen — https://youtu.be/Xb5mB5QDUSE
And unless stopped, Israel could replace more than lost. But that deserves it’s own category.
So it all doom and gloom, and there is at least a little good news.
🎚🇺🇸🇮🇱🇺🇦🇷🇺🎚
They won’t.
Not really for LNG. We can also expect a collapse in petroleum demand, hence less Islam.
Top LNG export capacity 2022 est - million metric tons/year - btw, this is a considerable lowball, so quickly is capacity increasing.
Australia 87.6
Qatar 77.4
United States 73.9
Malaysia 31.5
Algeria 29.3
Nord stream was shut down for repairs June. Was going to be offline for a year.
“So it all doom and gloom...”
=
*So it’s not all doom and gloom...”
“Nuclwa power”
=
*Nuclear power*
DJT was right. How often have we said that since 2020?
It should be the national motto by now.
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