NomNom@feddit.uk to Europe@feddit.orgEnglish · edit-23 days agoWow wow wow... European Gas prices just surged 50% after Qatar said LNG infrastructure is under threat feddit.ukimagemessage-square113linkfedilinkarrow-up1372arrow-down110file-text
arrow-up1362arrow-down1imageWow wow wow... European Gas prices just surged 50% after Qatar said LNG infrastructure is under threat feddit.ukNomNom@feddit.uk to Europe@feddit.orgEnglish · edit-23 days agomessage-square113linkfedilinkfile-text
minus-squareMelchior@feddit.orglinkfedilinkEnglisharrow-up5·2 days agoThis is Dutch TTF. It used to be much higher in 2021 and 2022 as Russia cut their gas supply. However it went down quite a bit with new LNG going online and obviously reduced gas consumption. This is still a fairly big problem, as the EU is cutting Russian LNG right now and buying more American LNG is a problem due to creating a dependence.
minus-squareAscendor@discuss.tchncs.delinkfedilinkEnglisharrow-up1·2 days agoRight. I’m not saying there’s no problem coming up. Whatever’s happening in Iran might make things expensive again. I’m just saying that in comparison to previous crisis, nothing has happened YET.
This is Dutch TTF. It used to be much higher in 2021 and 2022 as Russia cut their gas supply. However it went down quite a bit with new LNG going online and obviously reduced gas consumption. This is still a fairly big problem, as the EU is cutting Russian LNG right now and buying more American LNG is a problem due to creating a dependence.
Right. I’m not saying there’s no problem coming up. Whatever’s happening in Iran might make things expensive again. I’m just saying that in comparison to previous crisis, nothing has happened YET.