Natural Gas

[winston]

by behappyalways:-

European Natural Gas Prices To Triple In "Perfect Storm"

Source: Zero Hedge

https://www.zerohedge.com/commodities/e ... fect-storm

[behappyalways]

China Is Aggressively Reselling Russian Gas To Europe
https://www.zerohedge.com/markets/china ... gas-europe

[winston]

Europe’s Chaos Grows Worse

While some European officials reportedly secured enough natural gas to avoid rationing this winter, it’s a struggle to replace Russian natural gas for 2023 and beyond, despite LNG imports for the U.S., Canada and Qatar.

Gas storage levels have risen ahead of European targets and analysts increasingly think the region will survive the winter without state-directed rationing.

In the first half of 2022, China’s imports of liquefied natural gas (LNG) jumped 60 per cent year-on-year. Russia’s sales of pipeline gas to China have increased even more dramatically, growing by almost 65 per cent year on year.

China has been exporting the surplus natural gas in its storage to Europe at inflated prices of 2 to 3 times.

Energy bills for European households will surge by 2 trillion euros ($2 trillion) at their peak early next year.

At their height, energy bills will represent about 15% of Europe’s gross domestic product.

Source: Investor Place

[behappyalways]

EU NatGas Prices Jump As Plan To "Fix" Energy Crisis Underwhelms
https://www.zerohedge.com/commodities/e ... nderwhelms

[winston]

Natural gas markets expected to remain tight into 2023, says IEA

by Surin Murugiah

Global gas consumption is expected to decline by 0.8% in 2022 as result of a record 10% contraction in Europe and unchanged demand in the Asia Pacific region.

Source: theedgemarkets.com

https://www.theedgemarkets.com/article/ ... 3-says-iea

[behappyalways]

Natural Gas Prices In Europe Fall To A Three-Month Low
https://www.zerohedge.com/energy/natura ... -month-low

[behappyalways]

Qatar And China Make History With 27-Year LNG Supply Deal
https://www.zerohedge.com/commodities/q ... upply-deal

[behappyalways]

EU NatGas Prices Jump As Cold Blast Draws Down On Fuel Storage
https://www.zerohedge.com/commodities/e ... el-storage

[behappyalways]

Europe's Energy Crisis Is Just Getting Started
https://www.zerohedge.com/energy/europe ... ng-started

[behappyalways]

Global NatGas Prices Sink As Warm Weather Spreads
https://www.zerohedge.com/commodities/g ... er-spreads