Europe is becoming increasingly vulnerable to winter, with rising natural gas prices and reserves below normal levels, in the context of geopolitical tensions affecting global LNG supply. (translated)
Gas prices in the European market have exceeded 70 euros per MWh, the highest since March, due to concerns over supply disruptions from the Persian Gulf due to renewed conflicts between the United States and Iran. (translated)
The price of natural gas on the European market reached its highest level since March, exceeding 70.60 euros per MWh, due to escalating tensions in the Middle East and concerns about disruptions to LNG supplies. (translated)
QATAR COLLAPSE 🇶🇦📉 The gas superpower has discovered how vulnerable a gas-dependent geopolitical model can be. Six months into the U.S.–Iran war, Qatar’s LNG exports are down about 96%: just 18 cargoes reportedly sailed compared with 509 in the comparable pre-war period. https://t.co/YLqNiDURl1 #QatarCollapse #LNGExports #Geopolitics #QA #US #IR
13 seconds of reflection (translated)
The USA is securing energy independence and thus its security. They will dominate Venezuelan oil (more in the comments). They lead the global liquefied natural gas (LNG) market. They are ramping up the construction of new nuclear reactors. What is Europe doing? Dealing with the Green Deal. 🤷🏻♂️ (translated)
Gas reserves in Europe are at their lowest for this time of year at least since 2011, which is due to slower than usual summer replenishment and higher prices, as well as a global LNG market tighter than it has been for years. Goldman Sachs believes it will be worse first, before (translated)
When the war broke out in Ukraine, I was among the first ten Poles who welcomed Ukrainian citizens fleeing the war into my home. Irina and her son lived with me, and we are still in touch today. After a few weeks, she went to Germany. (translated)
Egypt is re-entering the LNG market through the "Cronus" field in the Cypriot exclusive economic zone, which aims to produce natural gas for export to Europe and may pave the way for further energy discoveries in the region. (translated)
Netherlands is struggling to fill gas reserves in time for winter, which could lead to a shortage and rising gas prices, especially given the current geopolitical tensions and reliance on imports from abroad. (translated)
The Netherlands is 75 percent dependent on imported gas and faces the challenge of filling its gas storage for winter, while experts warn of the risk of high prices and possible shortages during a harsh winter and supply disruptions. (translated)
The Magyar dictatorship is moving to completely destroy Hungarian energy security as Europe enters into a major energy crisis. @_OrbanAnita was an American LNG lobbyist previously but doesn’t seem to understand that the US has no LNG to spare. The economy will soon collapse. 🇭🇺 https://t.co/b35liIV2TP #Hungary #EnergyCrisis #Orban #HU #US
Poland is completely energy independent from Russia. Thanks to the further investments made by our government – the construction of the third LNG terminal and the expansion of the Naftoport – we will be able to support other countries in our region in this independence as well. To rely on our... (translated)
The Greens are calling for a gas summit due to alarmingly low gas storage levels and are criticizing the federal government for its hesitant energy policy, which is maneuvering Germany into a dangerous dependence on American liquefied natural gas. (translated)
Former American LNG lobbyist @_OrbanAnita is trying to worsen the looming energy crisis in Hungary. Hungary is in desperate need of energy but it is now a dysfunctional dictatorship and its leadership are trying to destroy the remaining functional energy infrastructure. 🇭🇺☠️ #EnergyCrisis #Hungary #Dictatorship #US #HU
EU countries bought €1,5 bn worth of Russian fossil fuels in July, CREA reports. The bloc was Russia’s fourth-largest buyer after China, India and Turkey. It was still the largest buyer of Russian LNG and pipeline gas. France, Belgium, Spain and the Netherlands led LNG #RussianFossilFuels #EUBuyers #EnergyImports #EU #CN #IN #TR #FR #BE #ES #NL
Gas prices in Europe, affected by the conflict between the USA and Iran and issues with LNG supplies, have risen above €60/MWh and are expected to remain high and unstable due to low storage levels and winter uncertainty, with significant increases in gas package prices expected in Estonia in October. (translated)
Despite only half of the German gas storage filled before the heating season begins, the Federal Ministry of Economics sees no need for action and refers to the responsibility of gas importers, while the situation remains tense due to high global market prices and geopolitical factors. (translated)
ExxonMobil awarded contracts worth nearly 1 billion euros for the first phase of the Rovuma LNG mega project in Mozambique, aiming to acquire essential equipment and move towards the final investment decision, thus reinforcing its commitment to the responsible development of the country's natural gas resources. (translated)
