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Norway Replaces Russia As Germany's Top Gas Supplier
Oil Price ^ | 01/16/2023 | Charles Kennedy

Posted on 01/16/2023 6:56:21 AM PST by SeekAndFind

Norway became Germany’s single-largest natural gas supplier in 2022, overtaking Russia, as total German gas imports dropped by 12.3% compared to 2021, the German Federal Network Agency, Bundesnetzagentur, said on Friday.

Norway provided 33% of the gas Germany imported last year, followed by Russia, whose share fell to 22% for last year, compared to a 52% share in 2021, said the German regulator.

Last year, Russia started gradually cutting gas supply via the Nord Stream pipeline to Germany in June until shutting down the pipeline in early September, claiming an inability to repair gas turbines for the pumping stations due to Western sanctions.

The lack of gas deliveries from Russia was partly compensated for by additional imports, including from the Netherlands, Belgium, and Norway, the German network agency said today.

Europe’s biggest economy also saved a lot of gas in 2022, partly due to household saving and to industrial production curtailments due to soaring gas prices.

According to Bundesnetzagentur, Germany’s natural gas consumption dropped by 14% in 2022 compared to the average consumption for the past four years. Industrial demand fell by 15% compared to the average for the past four years. Between October and December, industrial gas consumption fell by 23%, and consumption by private consumers and businesses was 21% below the previous years.

As supply from Russia fell and then stopped in early September, Germany started looking at importing LNG and began construction of regasification terminals to be able to welcome cargoes.

(Excerpt) Read more at oilprice.com ...


TOPICS: Business/Economy; Foreign Affairs; Germany; News/Current Events; Russia
KEYWORDS: gas; germany; joeblowspipelines; norway; russia

1 posted on 01/16/2023 6:56:21 AM PST by SeekAndFind
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To: SeekAndFind

Good. The hypocrisy of buying gas and oil from Russia while supporting Ukraine is being resolved. Plus the Euroweenies are rediscovering the importance of carbon fuels for things like not freezing to death!


2 posted on 01/16/2023 7:00:40 AM PST by MeganC (There is nothing feminine about feminism. )
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To: MeganC

Not so sure! I wouldn’t be surprised if we are buying it from them after the Britanny Griner CF!


3 posted on 01/16/2023 7:10:00 AM PST by DarthVader (Not by speeches & majority decisions will the great issues of the day be decided but by Blood & Iron)
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To: SeekAndFind; MeganC; Travis McGee

“Norway became Germany’s single-largest natural gas supplier in 2022, overtaking Russia, as total German gas imports dropped by 12.3% compared to 2021,”

How is that possible? Matthew Bracken/Travis McGee assured us that “Europe was going to freeze” this winter...


4 posted on 01/16/2023 7:29:46 AM PST by Cronos (.)
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To: Cronos
“Norway became Germany’s single-largest natural gas supplier in 2022, overtaking Russia, as total German gas imports dropped by 12.3% compared to 2021,”

What a nonsensical sentence, masquerading as information when it contains none.

What it turns out is that Germany is shifting to relying on LNG imports. Now where does the LNG come from: well, the interntional LNG commodoties market? And where does that market get LNG from?

Hint, the world didn't just suddenly raise total LNG production to offset what had been supplied by Russia. Instead I think we are just funding a large new LNG laundering operation funded by increased costs/prices on everyone presently consuming natural gas.

5 posted on 01/16/2023 7:43:41 AM PST by AndyJackson (.)
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To: AndyJackson

Qutar, USA, Australia are all big LNG gas suppliers.

So instead of the LNG going from Texas to Boston. It is going from Texas to Europe.


6 posted on 01/16/2023 7:52:57 AM PST by woodbutcher1963
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To: SeekAndFind
Norwegian gas? None for me, thanks....


7 posted on 01/16/2023 8:03:41 AM PST by gundog (It was a bright cold day in April, and the clocks were striking thirteen. )
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To: SeekAndFind

Good on Norway and Germany

who wants putin/russia’s blood-soaked oil and gas?


8 posted on 01/16/2023 8:33:00 AM PST by Sunsong
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To: AndyJackson
"Germany is shifting to relying on LNG imports. "

Not really -- look at the energy source mix for Germany for the first half of 2021

OFf the top of my head, about 60% of the natural gas was from Russia - so 18% of German energy needs came from Russia.

that is now replaced from Norway and other sources

Actually LNG production does seem to be increasing

And no, there is no laundering operation

9 posted on 01/16/2023 9:01:15 AM PST by Cronos (.)
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To: SeekAndFind

They should follow the UKs example and switch to that sweet, clean Indian oil. /s


10 posted on 01/16/2023 9:06:13 AM PST by yuleeyahoo (The nation which can prefer disgrace to danger is prepared for a master and deserves one. Hamilton)
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To: SeekAndFind

Jerry Nadler: They don’t mean in DC. I’m still the king over here.


11 posted on 01/16/2023 9:38:35 AM PST by frank ballenger (You have summoned up a thundercloud. You're gonna hear from me. Anthem by Leonard Cohen)
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To: Cronos
And no, there is no laundering operation

Even though India has said they are in the gas laundering business.

12 posted on 01/16/2023 11:48:52 AM PST by AndyJackson (.)
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To: AndyJackson

What are you jabbering about? India hasn’t said that


13 posted on 01/16/2023 1:33:55 PM PST by Cronos (.)
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To: Cronos

Go on believing that in your globalist drug induced haze.


14 posted on 01/16/2023 9:01:35 PM PST by AndyJackson (.)
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To: AndyJackson

Nope. Don’t do drugs. Stop projecting


15 posted on 01/16/2023 9:57:37 PM PST by Cronos (.)
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To: AndyJackson

You made a statement that “India has said they are in the gas laundering business”

That is false.

Why did you make up a false statement?


16 posted on 01/16/2023 9:58:57 PM PST by Cronos (.)
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