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.
Do you really have to ask? They will be supplied as much of your gas as they need to keep the Euros involved heavily in the proxy war. The law of of supply and demand ensures that we will pay the massively increased price this winter for what gas we will have left.
DJT was right. How often have we said that since 2020?
It should be the national motto by now.
Germany’s gas storage levels are already at 84%, so with a few voluntary cutbacks, they’ll be fine this winter
Next year they’ll need new gas sources to replace unreliable warmongering Russia
yes, Israel is Europe’s new energy future - reliable and won’t play games, unlike Russia ... if Europe can get past its own Jew-hatred
Crappy winter, but there’s tons of projects going on for 2023/2024. Greece, Turkey, Cyprus, Finland and Israel all have export landscapes going on.
By spring of 2023, I think the Germans will go back to the fracking business and agree that they have to allow it.
People so very often come to these subjects a priority sure the numbers will work out, and then they do the numbers and find something like 20% shortfall and ignore it.
Simply that. They ignore it.
Best to note there are only so many LNG carriers in the world,they don’t get built in 6 weeks to mid Nov, and those that exist are largely already reserved bu Asia.
Might want to also note European LNG import capacity is fully occupied doing what is insufficient, and more of those don’t happen in 6 weeks, either.
People in Europe are going to due of this. Very soon.
Europe does not need gas.
They love the erf and will live in solar panels and wind mills.
Three words:
Eat more cabbage
Just throw up more wind turbines, says AlGore.
And solar panels on every rooftop.
and lithium batteries.......
What it was built so you can’t fix it ? Remember those tracks years ago on the ocean bed in Sweden’s waters ?
How about who cares? Those leftists in europe voted for the idiots who lead them.
and when the lithium becomes a problem we have the old blueprints for VRLA.
Where?
Qatar, Saudi Arabia, UAE
Israel
USA
But But But....we were told Germany is not reliant on Russia for their energy. Trump said so and the Germans claimed it wasn’t true. The “fact check” done afterwards claimed Trump’s statement was false.
Therefore we know beyond any doubt that Germany was not in fact reliant on that gas and can do just fine without it.
Right?
Otherwise both the Germans and the corporate media were utterly full of shit and Trump was right all along.
Who’s laughing now, Germany?
Now we see the hook in the jaw that God is likely to use to provoke the invasion of Israel.
>>Now we see the hook in the jaw that God is likely to use to provoke the invasion of Israel.<<
Great observation.
Tons of work has been ongoing for six months, on carriers, terminals and etc.
Someone wants to “move on” past the first question:
Why did some military power do this?
“Trump was right all along” is the other contender for the national motto.
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