“Other suppliers”
For example, you may have heard of the world’s largest producer, the USA. The USA signed a long term supply contract with Germany, that had not even been a proposal before Putin’s most recent invasion. Canada too. Talks are far along with Qatar.
Italy is invested a lot, and signing deals in nearby top ten producer Algeria.
Poland is activating a new pipeline to bring in Norwegian gas, this Fall.
All around Europe’s coastlines, LNG terminals are being built and expanded, at record speed.
There is an historic feast underway, on Russia’s former market share.
All the oil and gas majors that have suddenly withdrawn from their Russian projects, are hurrying to expand capacity elsewhere, and getting pretty much blank check lines of credit from Western Governments to finance it.
Russia firing its customers, like today’s shutoff of the Netherlands (Finland, Poland, Bulgaria, etc.), is an innovative business strategy, that has traditionally been considered bad for business.
All your "suppliers" are will-o-the-wisps - in the future. BTW - how long do you think American natgas consumers are going to put up with their gas bills going up because we're shipping LNG over to EuroTards? You should stay in your lane - posting bogus vaccination numbers.
BeauBo wrote: For example, you may have heard of the world’s largest producer, the USA. The USA signed a long term supply contract with Germany, that had not even been a proposal before Putin’s most recent invasion. Canada too. Talks are far along with Qatar.
European Gas Soars After US LNG Terminal Explosion Halts Exports For Weeks
June 9, 2022
https://zububrothers.com/2022/06/09/european-gas-soars-after-us-lng-terminal-explosion-halts-exports-for-weeks/
According to Bloomberg, the Freeport LNG export terminal in Texas will be shuttered for at least three weeks, which will impact 20% of all US LNG exports. In the last four months, 75% of all US LNG exports have been sent to Europe.
That's gonna leave a mark.
As I said - he will gladly predict what will happen on Tuesday six months from now if you take him seriously today.
Dutch LNG spot is apparently 84 euros at the present time [piped natgas is around 9, way up from December of last winter].
Stupid should hurt.