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Thursday, June 16, 2022

Outages And Reduced Russian Flows Send European Gas Prices Soaring — Tsvetana Paraskova

  • European gas prices have soared by as much as 50% in just one week.
  • The surge in prices was spurred by reduced Russian flows and an outage at a key LNG export terminal.
  • Germany warned that limits to flows via the Nord Stream pipeline were a strategy from Putin to rattle the market.
Scholz apparently thinks that NATO can engage in a proxy war with Russia and not incur costs. How dumb is that?

Oilprice
Outages And Reduced Russian Flows Send European Gas Prices Soaring
Tsvetana Paraskova
https://oilprice.com/Energy/Energy-General/Outages-And-Reduced-Russian-Flows-Send-European-Gas-Prices-Soaring.html

Also

Gazprom Lowers Gas Flows To Italy Even More
Julianne Geiger
https://oilprice.com/Latest-Energy-News/World-News/Gazprom-Lowers-Gas-Flows-To-Italy-Even-More.html


at

3 comments:

  1. Peter PanJune 17, 2022 at 4:49 AM

    Is it true that Canada refuses to ship some turbines needed for a gas-related project?

    ReplyDelete
  2. Peter PanJune 17, 2022 at 5:07 AM

    I mean, what kind of stupid sanctions would prevent the return of parts that would help Europe with their gas issues?

    ReplyDelete
  3. NeilWJune 17, 2022 at 5:29 AM

    It appears to be

    Siemens have called Force Majeure on their pipeline repair contract.

    ReplyDelete