I love how all the news networks pretend like they don't know who blew up the pipeline but yet the rest of the world seems to know full well who did it.
They say, It was Putin! Lol. They also say, ummm, idk who did it (well which one is it, Putin or idk). Reminds me of all the sudden heath issues and diseases lately; they say, we don't know what is causing this 'insert issue', then they say, we know it's absolutely not the .vax.
Hello, Do we anticipate good demand during Winter of Natural Gas... considering its on lower end should we accumulate Natural gas over period of time and wait for spike in winter to book Profit.
What a ridiculous headline for the video. How is the tanker jam threatening energy security? The way it looks like is the tanker jam is actually staving off an energy security threat, in case the storage runs out, there is more supply readily available on the European coasts.
Tankers can’t just sit off the coast for months on end. If there’s little chance that it’ll be offloaded, the companies involved may just cut their losses and transport it somewhere else while also reducing future shipments. Then, if something happens that necessitates more shipments in the future, we’re all playing catch-up.
Remember when the German delegation laughed at the Donald when he said relying on Russian gas was risky? They have no LNG regassing facilities and the French just denied pass through for a gas pipeline from Spain to Germany. That’s what you call getting caught with your lederhosen down.
Remember when the US sanctioned several German regions, companies and politicians, because they where engaged in the Nord Stream 2 pipeline? The US always had a strong interest to sell there expensive and environmentally harmful gas to Europe and Nord Stream 2 is the worst that could have happened to their gas market. It’s a very weird coincidence that Nord Stream 2 got bombed…. I don’t see any reason for Russia or any Central European country to bomb their own pipeline. Hmmm who could have done it?🧏🏼♂️
Hello, Do we anticipate good demand during Winter of Natural Gas... considering its on lower end should we accumulate Natural gas over period of time and wait for spike in winter to book Profit.
Someone warned Europe of its too much dependency on Russian gas and energy couple of years back, then Europe was laughing. Now it turns out that guy was 100% right.
To be fair every US president since Bush warned the continent about its overreliance on russian gas. I am still not sure if it was really a that bad decision because in the end cheap gas really helped europes economy and the alternatives were more expensive. In my opinion the problem was that Europe didn't build a large storage capacity and kept it nearly always full to insulate themselves against unexpected shocks.
@@gyurhanaziz7676 Europe should also develop their own military instead of relying on the US. Since WW2 Europe has gone lazy by relying on Russia for itself energy needs and US for it’s security
@@TheRedemptionRain as a super patriot and conservative American who believes in the us but not necessarily the cia fbi democrats republicans ect.. I think that would be a great idea! it’s the imperative of every nation to be strong or else risking a war by showing weakness. Strength is a strong deterrent from bullies
@@gyurhanaziz7676 I follow geo politics and I cannot ever recall seeing any other US POTUS vocalize this as much as a very vocal Donald Trump. I spent time in Ukraine and Russia. Let us recall that the West took a a huge sigh when the Iron Curtain fell and Russia then meandered through the World economy like a lost child. They were overdependent on the West for many things to include food to help them through those cold Russian winters. The 90s and early 2000s were difficult times for Russia and other former USSR countries to diversify their economies. Through the decades that followed the demise of the USSR, the US focused on their Campaign on Terrorism after 2001, cheap trade with China. Both GW Bush and Obama had their different focuses of that time, energy was not one of them. Europe needs to focus on their energy needs as they have the resources to power their grid and key themselves warm. They cannot meet all of their energy needs with green energy as they would like and they certainly are not ready to transition away from coal and nuclear just yet. Now, these political turmoils will change the hearts and minds on becoming more energy independent and finding reliable energy partner countries that share similar political beliefs. Perhaps it is time for Europe to chose multiple energy needs for the Summer and use their established energy sources to get them through their typical harsh and cloudy Winters.
your report is wrong. They are waiting to sell it in winter at high price. Don´t be naive. Prices will skyrocket when they are about to sell it, the last one to sell will be the most profitable seller!
They did mention it in the latter of the video. "Contango" is the business strategy that you are talking about. Normally, these LNG traders cannot force EU to accept this because of abundance energy sent from Russia. But because Russian gas is cut-off and other oil exporter like Iran, Venezuela are sanctioned. EU now have no to little alternatives. Winter will be brutal for EU.
Are Americans charging European allies with prices matching the Russia gas? Or are Americans taking advantage of the situation to profit when they should be helping?
why do you think gas prices are increasing in the US right now. The gas suppliers have been shipping it to Europe because of the high price they can sell it there, now the shortage here is driving up the price as well.
Hello, Do we anticipate good demand during Winter of Natural Gas... considering its on lower end should we accumulate Natural gas over period of time and wait for spike in winter to book Profit.
Danke für den zu letzt so qualitativ hochwertigen journalismus, der objektiv anschaulich anhand fakten komplexe aktuelle Geschehnisse behandelt. Respekt an die Redaktion und das Team 🇩🇪🇪🇺✌️🤝🇺🇸
You can tell when a brainwashed German makes a comment. UK blew up the pipeline and Germany/Canada did not return the turbines to operate NS1 and Germany did not allow NS@ to operate. Western Government are waging energy war on their own people.
You know, when there's issues with products related to Fossil fuels, (supply, demand, refineries, pricing), there always comes issues with products related to Fossil fuels! "Timing is everything"!
@@A3Kr0n there is the Hydrogen powered vehicle equation! The EV has 80% limitations! Weight, battery materials availability, battery life and reclamation, new tire wearability study, Electric Infrastructure, charge times, replacement costs, battery anode corrosion issues (Coastal areas), the EV at present is a fallacy!
@@NeostormXLMAX that would most likely be attributed to Putin, along with that 200ft deep underwater pipeline explosion, as Russian ships were nearby! Then again, it's always the Capitalists pockets that are lined with Gold! Those that made them, are easily brushed aside!
@Fulcanelli 100% correct! In Texas (US), Road construction crews (Farm and Ranch roads), pour fresh Oil (used) for compaction! If a citizen poured out old oil, it's an Environmental issue with fines!
Well if there are not sufficient pumps to regality the CNG and limited storage facilities, where do they keep the CNG? Its already on the ship and obviously the price will rise during the Winters....that's just common sense. Europe certainly went ready for this...
Man how incompetent. You can NOR ramp nuclear fast enough to accommodate renewable intermittancy...You can tell when a brainwashed German makes a comment. UK blew up the pipeline and Germany/Canada did not return the turbines to operate NS1 and Germany did not allow NS@ to operate. Western Government are waging energy war on their own people.
Even if we wanted nuclear now, we are I experienced at building them and they take up to a decade to get up and running. Watch B1M video on why nuclear power is a long term plan not short term
@@svenpb1996 exactly why it was dumb to stop using it. If it were a long term plan then it was dumb to close/stop making more (specially when ur source of energy isn’t reliable).
@@chancellorasher9417 2 reasons come to mind, firstly it was more economical to get cheap Russian gas which they did supply reliably for the past few decades, versus funding and maintaining nuclear plants. Secondly, bad planning on Europe's part relying so heavily on one supplier for 40% of their gas demand.
European industry needs cheap energy to off set a high cost, yet skilled, workforce. This is staggering for countries like France and Germany, with political ramifications.
"Why are LNG tankers parked outside EU ports"? Simple answer "Because the EU stupidly followed the US demand that they sanction Russia." Never imagine that EU Govts would put US geopolitical interest above the interest of its own citizens!
LNG is the only way to ship gas without pipelines. Only Norway and Russia pipelined gas to Europe. So yes there should be fleets of LNG ships going to Europe.
US works up plan for companies to fund emerging nations’ fossil fuel switch Kerry carbon credits scheme would let business offset output while rewarding developing countries for emissions cuts
@@itawolf2494 If there are pipelines from Africa to Italy , then then they sure are not large enough to supply Europe. Maybe enough for a few Italian cities.
@@itawolf2494 The Trans-Mediterranean Pipeline is not the volume of Nord Stream 1 or 2. It's not supplying all Italy let alone Europe. Nord stream supplied 110 billion cubic metres per year Trans-Mediterranean supplies 30 billion per year.
Europe is a large and rich region. New gas infrastructure will be built before next winter, gas storage is full now, renewables and insulation sre going into overdrive. We will be fine without Russian gas and oil. The Russia government on the other hand will permanently lose their biggest customer to the only valuable thing their economy produces
The good news for Russia (for the next few decades) is that China is desperate for gas, and doesn't want to depend on OPEC for it. They've always been concerned about the fragility of shipping lanes, and the possibility that their gas/oil imports are choked. With Russia building pipelines to China, the Chinese will buy mostly Russian gas and OPEC will sell more to India and Europe. However, the Chinese have promised to go carbon neutral by 2060. Which means new LNG plants are going to be a rarity after 2030. China is just too vulnerable to climate change to continue burning gas indefinitely. So Russia bought themselves more time, but the clock is still ticking.
@@Jake-rs9nq I’m afraid building pipelines isn’t easy as well. It will take years to reach the same amounts that ruzzia sold to Europe. Ruzzia itself might cease to exist before at least one additional pipeline to China is finished and launched.
@@DJ1573 You can have even zero debt , without industry you are going down quickly . All petro and energo intensive bussineses are going abroad . Yeah the firms willl be safe not so much the german jobs . Lots of aluminium and steel plants closed already all over Europe
@@ketelin4285 You read that one clickbaity article and now you think all energy intensive industry is leaving? Steel mills are now installing new furnaces because that was scheduled for this year and our whole industry is, get this, a price cap for gas and electricity and the rest gets paid by the government. All well, our government just gets a nice loan with the best conditions other countries could only dream about
A small detail was forgotten, gas tend to escape from LNG carriers, quite a lot actually, so they are not good to be used as storage facilities. Soon we will see ships turning around, specially because the day cost of the ships will make to expensive to hold. Also we are losing carrying capacity, this will make producer in the future to reorient their shipments to more reliable markets, shorter trips, assurance of fast discharge etc. The informal Boykotts in the EU to the World Cup in Qatar is going to have consequences.
EU still has delusions that as a buyer...and a desperate one at that it will dictate to Global Gas Exporters who already face huge production and supply challenges how when and how much to sell to it...lol
Gas does NOT escape from LNG tankers. It is used as a fuel. If there is too much of boil off gas, it is burned. However, newest LNG carriers have reliq plants and can be used as a storage tanker with very very small amount of gas used as a fuel. Trust me, I work on a LNG tanker.
Utter rubbish! The only gas that could potentially leak from a fully sealed vessel is Hydrogen - its molecules are so small they squeeze between vessel atoms. The only lost gas that could potentially be a problem is boil off gas. Even than, most ships now have machinery onboard to re-cool the gas back to its liquid fuel. Back of the class with a cone-shaped hat for you :)
...because there is a massive crisis of overproduction and the owners of the means of production are delaying the delivery of the product onto the market, to stop the market from overflowing and hence to stop the price from falling.
@@djsmithe cost Putin far more? Putin company like Gazprom is at record profit. They are diverting their gas and oil to China and India or offshore company in Italy. Russia is making money regardless while EU is getting rip-off by everyone, especially their "greatest ally" U.S.
And yet they are telling us in Australia they are running out of lpg but there’s literally ships just sitting out at sea idling. Australia has plenty of natural resources but they sell it all overseas and the locals suffer. The world is stuffed.
EU gas prices have normalized A lot faster than I thought they would. They've pretty much normalized already and I thought it would take A full year. Amazing how efficient markets are at efficiently distributing resources.
@@robertjonker8131 My doughter bought a bi-fuel car here in ltaly (LNG+petrol) in 2020,the cost per liter then was €0,68 for LNG,now it's between €0,73 and €0,85.. thats not x6 times more.
It was weird not hear a word about the fact, that most natural gas tanker in Europe are in Greek or Cypriot hands. Which of course, changes a lot. Dear wall street journal, do better research next time you are producing a video or story.
Nord Stream I has a capacity of 55 billion m3/a and Nord Stream II has a capacity of 55 billion m3/a. Total 110 billion m3/a. And I don't mention here other gas pipelines but YAMAL has also 33 billion m3/a capacity. Do the ships has enough gas to fulfill that demand ? Heating home is just a tip of one problem, other problem is energy hungry industry. Mostly car makers and heavy industies. * World largest/biggest LNG tanker has nearly 55.000 m3 capacity. Also these gas needed to cooldown and compressed before transportation whic is not energy efficent and costly.
Not even close. There are about 450 LNG tankers in operation globally. That's it. Estimated number tankers needed to replenish same volume as Russian piped supply about +1200 ships. ..and building an LNG tanker certainly ain't same as just making an I-Phone..
@@steveellis2501 There are mostly small LNG tankers / ships: Only a three of them has bigger than 450.000 m3 capacity. And dont forget, getting lng / gas with ships / tankers costs 5X more than Russian pipeline.
Each LNG tanker headed from the USA to Europe represents an increased cost for the already abandoned american middle class to to heat their homes, cook their food, and keep the lights on. But that will show Putin!!!
The culprit in the sabotaged pipelines, is the same beneficiary of the EU's misery. Russia had a great bilateral trade relations with most EU countries; however, that was not the prospect the US government envisaged regarding the Russian economy, hence they warned the EU about it's dependency on Russian gas. Guess who's dependent on who today for the supply of the most expensive gas supply. Like Antony Blinken said, this is a tremendous opportunity for the US.
Wow, I didn't know that it was US who stopped supply of russian gas to EU, not Putin himself. By the time the pipes where sabotaged they were not pumping gas for several months.
@@gerolfvanoudshoorn4359 @Gerolf van Oudshoorn Well, it shouldn't surprise me that you're immature when it comes to geopolitics. Sadly, your rationale is perpetuation of the mainstream media propaganda machines narrative. Sabotaging pipelines and stopping of gas supply are two different actions. Moreover, Russia did not completely stop, but limited the supply of gas due to sanctions and a counter measure of gas for Rubles hence a sale by Euros will render such sale as a free gas, hence Russia will not have access to their foreign reserves. To date, Russia is still supplying gas to Europe via Ukraine, and is not being paid for. The US now the main supplier and supplying 70% of it's LNG which is 4 times expensive than the Russian gas. Are you really that gullible?
@@MrEvansjethro mate stop eating russian propaganda. Such "expirienced" geopolitician like you should know that not all things in the world are measured in money and russian gas comes cheap in money but too expensive in other means, like national security.
Guys the stock market knew beforehand the CPI numbers would be low (and surged of course), the MACD positioned itself in the Futures markets. On 10/13, 10/21, and 11/10 it shows the same MACD Futures pattern before markets surged those days. I discussed this last night
In Europe, demand for gas is being artificially destroyed, which leads to “deindustrialization” in some countries. There, for the first time in the history of world energy, demand for gas is being artificially destroyed. To the primary energy carrier. Deliberately destroying demand for one of the cleanest energy products. This has never happened before in history.😂
Hello, Do we anticipate good demand during Winter of Natural Gas... considering its on lower end should we accumulate Natural gas over period of time and wait for spike in winter to book Profit.
Okay..... You can't put a price on freedom and Europeans knows that very well.... although it's a little bit expensive and not so reliable but again it's freedom we are talking about....
1:48 next to being absolute nonsesne to claim Russia blew up its own pipeline and not the US after trying to block NS2 with everything they possibly could do to stop it for years ... one of the pipelines is actually still operational, and Putin offered to supply germany with gas already several times.. the problem is just the german governemnt keeps refusing it.
Oh dear another vatnik who thinks that Putin never did anything reprehensible. If only Western journalists were like Russian journalists, and only said nice things about Vladimir Putin.
I love how all the news networks pretend like they don't know who blew up the pipeline but yet the rest of the world seems to know full well who did it.
Absolutely laughable yes
They say, It was Putin! Lol. They also say, ummm, idk who did it (well which one is it, Putin or idk). Reminds me of all the sudden heath issues and diseases lately; they say, we don't know what is causing this 'insert issue', then they say, we know it's absolutely not the .vax.
Hello,
Do we anticipate good demand during Winter of Natural Gas... considering its on lower end should we accumulate Natural gas over period of time and wait for spike in winter to book Profit.
What a ridiculous headline for the video. How is the tanker jam threatening energy security? The way it looks like is the tanker jam is actually staving off an energy security threat, in case the storage runs out, there is more supply readily available on the European coasts.
Fear mongering gets you views.
Tankers can’t just sit off the coast for months on end. If there’s little chance that it’ll be offloaded, the companies involved may just cut their losses and transport it somewhere else while also reducing future shipments. Then, if something happens that necessitates more shipments in the future, we’re all playing catch-up.
It's changed now
@@saahiliyer11 yes they can if they get much higher prices months down the road . what other customers need LNG anyway. it's europe that needs it.
Tankers are mobile storage
Remember when the German delegation laughed at the Donald when he said relying on Russian gas was risky? They have no LNG regassing facilities and the French just denied pass through for a gas pipeline from Spain to Germany. That’s what you call getting caught with your lederhosen down.
Remember when the US sanctioned several German regions, companies and politicians, because they where engaged in the Nord Stream 2 pipeline? The US always had a strong interest to sell there expensive and environmentally harmful gas to Europe and Nord Stream 2 is the worst that could have happened to their gas market.
It’s a very weird coincidence that Nord Stream 2 got bombed…. I don’t see any reason for Russia or any Central European country to bomb their own pipeline. Hmmm who could have done it?🧏🏼♂️
Relying on American gas is even more risky....
They can just purchase from the US at 10x the cost and 50x the carbon emissions.... You know, cuz Putin
Hello,
Do we anticipate good demand during Winter of Natural Gas... considering its on lower end should we accumulate Natural gas over period of time and wait for spike in winter to book Profit.
No one was laughing and they fared the winter well. Nothing to see here
Someone warned Europe of its too much dependency on Russian gas and energy couple of years back, then Europe was laughing. Now it turns out that guy was 100% right.
To be fair every US president since Bush warned the continent about its overreliance on russian gas. I am still not sure if it was really a that bad decision because in the end cheap gas really helped europes economy and the alternatives were more expensive. In my opinion the problem was that Europe didn't build a large storage capacity and kept it nearly always full to insulate themselves against unexpected shocks.
@@gyurhanaziz7676 Europe should also develop their own military instead of relying on the US. Since WW2 Europe has gone lazy by relying on Russia for itself energy needs and US for it’s security
Wrong. The Russian relationship was just fine until the ‘victims’ went on an all out sanctions to destroy Russia. One word: projection.
@@TheRedemptionRain as a super patriot and conservative American who believes in the us but not necessarily the cia fbi democrats republicans ect.. I think that would be a great idea! it’s the imperative of every nation to be strong or else risking a war by showing weakness. Strength is a strong deterrent from bullies
@@gyurhanaziz7676 I follow geo politics and I cannot ever recall seeing any other US POTUS vocalize this as much as a very vocal Donald Trump. I spent time in Ukraine and Russia. Let us recall that the West took a a huge sigh when the Iron Curtain fell and Russia then meandered through the World economy like a lost child. They were overdependent on the West for many things to include food to help them through those cold Russian winters. The 90s and early 2000s were difficult times for Russia and other former USSR countries to diversify their economies. Through the decades that followed the demise of the USSR, the US focused on their Campaign on Terrorism after 2001, cheap trade with China. Both GW Bush and Obama had their different focuses of that time, energy was not one of them. Europe needs to focus on their energy needs as they have the resources to power their grid and key themselves warm. They cannot meet all of their energy needs with green energy as they would like and they certainly are not ready to transition away from coal and nuclear just yet. Now, these political turmoils will change the hearts and minds on becoming more energy independent and finding reliable energy partner countries that share similar political beliefs. Perhaps it is time for Europe to chose multiple energy needs for the Summer and use their established energy sources to get them through their typical harsh and cloudy Winters.
your report is wrong. They are waiting to sell it in winter at high price. Don´t be naive. Prices will skyrocket when they are about to sell it, the last one to sell will be the most profitable seller!
it's only money . no big deal .
They did mention it in the latter of the video.
"Contango" is the business strategy that you are talking about.
Normally, these LNG traders cannot force EU to accept this because of abundance energy sent from Russia.
But because Russian gas is cut-off and other oil exporter like Iran, Venezuela are sanctioned.
EU now have no to little alternatives.
Winter will be brutal for EU.
Are Americans charging European allies with prices matching the Russia gas?
Or are Americans taking advantage of the situation to profit when they should be helping?
Selling to EU 4x the price in US.
@@zorgonfire Pretty much expected from Selfish Americans!
why do you think gas prices are increasing in the US right now. The gas suppliers have been shipping it to Europe because of the high price they can sell it there, now the shortage here is driving up the price as well.
@@Hotspur37 Time to Americans and the British to repair what they have done to Nord Stream!
@@acidbot666 how about accept that your leaders failed
OBVIOUSLY THAT IS A GOOD RESERVE FOR THE WINTER.
Hello,
Do we anticipate good demand during Winter of Natural Gas... considering its on lower end should we accumulate Natural gas over period of time and wait for spike in winter to book Profit.
Danke für den zu letzt so qualitativ hochwertigen journalismus, der objektiv anschaulich anhand fakten komplexe aktuelle Geschehnisse behandelt. Respekt an die Redaktion und das Team 🇩🇪🇪🇺✌️🤝🇺🇸
You can tell when a brainwashed German makes a comment. UK blew up the pipeline and Germany/Canada did not return the turbines to operate NS1 and Germany did not allow NS@ to operate. Western Government are waging energy war on their own people.
Mach sich nutzbar und die Kernkraftwerke wieder anschalten!
You know, when there's issues with products related to Fossil fuels, (supply, demand, refineries, pricing), there always comes issues with products related to Fossil fuels! "Timing is everything"!
Solution will be to consume more fossil fuel in interesting and unsustainable ways.
@@A3Kr0n there is the Hydrogen powered vehicle equation! The EV has 80% limitations! Weight, battery materials availability, battery life and reclamation, new tire wearability study, Electric Infrastructure, charge times, replacement costs, battery anode corrosion issues (Coastal areas), the EV at present is a fallacy!
Making europe pay 4 times inflated prices for gas is perfect timing
@@NeostormXLMAX that would most likely be attributed to Putin, along with that 200ft deep underwater pipeline explosion, as Russian ships were nearby! Then again, it's always the Capitalists pockets that are lined with Gold! Those that made them, are easily brushed aside!
@Fulcanelli 100% correct! In Texas (US), Road construction crews (Farm and Ranch roads), pour fresh Oil (used) for compaction! If a citizen poured out old oil, it's an Environmental issue with fines!
There stalling till the price of energy goes up.
Well if there are not sufficient pumps to regality the CNG and limited storage facilities, where do they keep the CNG? Its already on the ship and obviously the price will rise during the Winters....that's just common sense. Europe certainly went ready for this...
I’m thinking the Norwegian undersea pipeline might be having an accident in January.
As European citizen I must say this report has more errors than my son's language test
EU along with USA sanctioned RUSSIA & now saying they stoped gas.... 🤣.
I actually work on one of the vessels that stayed on the Cadiz coast for about 2.5 months.
How does it work for you? Do you know when leaving home that you are going for such long period?
@@jhenin06 was easy for the company, they could arrange crew changes extremely fast due to the fact being 30 mins away from the shore.
Dependancy on piped Russian gas. Now dependancy on US Shipped gas. Hmmm....
Ideal mix: renewables plus nuclear, for when the sun isn't shining and the wind isn't blowing.
Man how incompetent. You can NOR ramp nuclear fast enough to accommodate renewable intermittancy...You can tell when a brainwashed German makes a comment. UK blew up the pipeline and Germany/Canada did not return the turbines to operate NS1 and Germany did not allow NS@ to operate. Western Government are waging energy war on their own people.
Even if we wanted nuclear now, we are I experienced at building them and they take up to a decade to get up and running. Watch B1M video on why nuclear power is a long term plan not short term
France figured it out a long time ago, nuclear works.
@@svenpb1996 exactly why it was dumb to stop using it. If it were a long term plan then it was dumb to close/stop making more (specially when ur source of energy isn’t reliable).
@@chancellorasher9417 2 reasons come to mind, firstly it was more economical to get cheap Russian gas which they did supply reliably for the past few decades, versus funding and maintaining nuclear plants. Secondly, bad planning on Europe's part relying so heavily on one supplier for 40% of their gas demand.
Who still thinks Russia sabotaged thier own pipeline?
me
@@ronblack7870 brother it was the USA lol
Shut down local power generation only to rely on outside energy. These are the results…Brilliant
European industry needs cheap energy to off set a high cost, yet skilled, workforce. This is staggering for countries like France and Germany, with political ramifications.
"Why are LNG tankers parked outside EU ports"? Simple answer "Because the EU stupidly followed the US demand that they sanction Russia." Never imagine that EU Govts would put US geopolitical interest above the interest of its own citizens!
HDFC BANK LOOKS GOOD STOCK BUY
LNG is the only way to ship gas without pipelines.
Only Norway and Russia pipelined gas to Europe.
So yes there should be fleets of LNG ships going to Europe.
US works up plan for companies to fund emerging nations’ fossil fuel switch
Kerry carbon credits scheme would let business offset output while rewarding developing countries for emissions cuts
Sorry but ltaly and most of the Med countries get most of their gas from African pipelines.
@@itawolf2494 If there are pipelines from Africa to Italy , then then they sure are not large enough to supply Europe.
Maybe enough for a few Italian cities.
@@Crashed131963 Well Algeria alone now sends 35% of ltaly's gas needs..bit more than a few ltalian cities.
@@itawolf2494 The Trans-Mediterranean Pipeline is not the volume of Nord Stream 1 or 2.
It's not supplying all Italy let alone Europe.
Nord stream supplied 110 billion cubic metres per year
Trans-Mediterranean supplies 30 billion per year.
Europe countries so smart, they abandoned cheap russia gas buying 4x times expensive from US.
“It’s done”
🏆
I hear Russian has LNG reasonably priced. They might want to look into that.
It's done.
Europe has to build new LNG terminals, build massive storage capacity for the LNG, and create updated pipe network for transport
If the price of gas has dropped why has my gas bill not gone down?
The tankers only hold 100 thousand each....... Enough for no time.....
This report must be joke on Europe from USA...
Remember when Trump warned europe against Russian dependency on oil, and everyone laughed at him.
Europe is a large and rich region. New gas infrastructure will be built before next winter, gas storage is full now, renewables and insulation sre going into overdrive. We will be fine without Russian gas and oil. The Russia government on the other hand will permanently lose their biggest customer to the only valuable thing their economy produces
The good news for Russia (for the next few decades) is that China is desperate for gas, and doesn't want to depend on OPEC for it. They've always been concerned about the fragility of shipping lanes, and the possibility that their gas/oil imports are choked. With Russia building pipelines to China, the Chinese will buy mostly Russian gas and OPEC will sell more to India and Europe.
However, the Chinese have promised to go carbon neutral by 2060. Which means new LNG plants are going to be a rarity after 2030. China is just too vulnerable to climate change to continue burning gas indefinitely. So Russia bought themselves more time, but the clock is still ticking.
Easy to say but not possible in reality
@@sanctamachina It's certainly possible. Just requires funding and a little time.
@@Jake-rs9nq I’m afraid building pipelines isn’t easy as well. It will take years to reach the same amounts that ruzzia sold to Europe. Ruzzia itself might cease to exist before at least one additional pipeline to China is finished and launched.
@@Jake-rs9nq Not really that good.... China will extract discounts, knowing that Russia has limited options to offload their resources
Trump: Germany has made itself too dependent on Russian energy.
(German UN delegation laughs)
Now it's dependent on 2x as expensive US LNG . Actually , i think they will go bankrupt before taking the gas
@@ketelin4285 As the country with the best credit score at every major International bank, i would argue that this won't be the case 🤣
@@DJ1573 You can have even zero debt , without industry you are going down quickly . All petro and energo intensive bussineses are going abroad . Yeah the firms willl be safe not so much the german jobs . Lots of aluminium and steel plants closed already all over Europe
Germany was always going to be dependent on someone for energy. The US just made sure it was them. Ukraine...the current US debacle.
@@ketelin4285 You read that one clickbaity article and now you think all energy intensive industry is leaving?
Steel mills are now installing new furnaces because that was scheduled for this year and our whole industry is, get this, a price cap for gas and electricity and the rest gets paid by the government.
All well, our government just gets a nice loan with the best conditions other countries could only dream about
my question is , how are they going to pay for this ?
They should just end the pointless sanctions against Russia
now we should just use our air power to destroy all russian forces in ukraine.
Gulf of Cadiz - love the authentic pronunciation
UK blew up Nordstream, you don't research much 🤔
🏆
Nice!
Because is too cheap to sell
Good reporting. Thank you. Strong Ukraine. Strong NATO. Strong Poland.
Because USA is waiting for the price to go high and then unload them at high price.
Recycled paper is kidna useless, but when shredded and mixed pataphin or an oil, you'd have a pretty nice heat source.
How did Europe didn't see this coming from Russia....
Cuz it didn’t come from Russia.
A small detail was forgotten, gas tend to escape from LNG carriers, quite a lot actually, so they are not good to be used as storage facilities. Soon we will see ships turning around, specially because the day cost of the ships will make to expensive to hold. Also we are losing carrying capacity, this will make producer in the future to reorient their shipments to more reliable markets, shorter trips, assurance of fast discharge etc. The informal Boykotts in the EU to the World Cup in Qatar is going to have consequences.
I was thinking the same
EU still has delusions that as a buyer...and a desperate one at that
it will dictate to Global Gas Exporters who already face huge production and supply challenges how when and how much to sell
to it...lol
Gas does NOT escape from LNG tankers. It is used as a fuel. If there is too much of boil off gas, it is burned. However, newest LNG carriers have reliq plants and can be used as a storage tanker with very very small amount of gas used as a fuel. Trust me, I work on a LNG tanker.
@@levanat13 I work for a marine weather/routing company, can confirm
Utter rubbish!
The only gas that could potentially leak from a fully sealed vessel is Hydrogen - its molecules are so small they squeeze between vessel atoms.
The only lost gas that could potentially be a problem is boil off gas. Even than, most ships now have machinery onboard to re-cool the gas back to its liquid fuel.
Back of the class with a cone-shaped hat for you :)
Because there’s not enough storage space. Already heard this.
What happened to GREEN ENERGY?
Greed.
Waiting for the price to go up
Just rent the ship and use it as storage/pump station...
The good news for investors is this situation is driving up the cost for tanker rentals. #GLNG, #FLNG
...because there is a massive crisis of overproduction and the owners of the means of production are delaying the delivery of the product onto the market, to stop the market from overflowing and hence to stop the price from falling.
Didn't seemed to talk around reduced usage as people can't afford as the price has gone up so much
Vamos capitalistas del mundo! Unidos somos más fuertes 🤜🏻🤛🏻
World gas is over supply but logistics is not ready as trade route differs.
2023 over production will be problematic.
Putin - I'll cut off the nature gas. That will bring Europe to it's knees.
Europe - We'll get natural gas from somewhere else.
Yes but at what price?
@@markkierznowski6121 It will cost Putin far more.
@@djsmithe cost Putin far more?
Putin company like Gazprom is at record profit.
They are diverting their gas and oil to China and India or offshore company in Italy.
Russia is making money regardless while EU is getting rip-off by everyone, especially their "greatest ally" U.S.
@@Commievn the Russian economy is not just Gazprom
You make is sound like this is Russia's fault when it is the EU sanctions that caused the trouble.
1. Russia invading Ukraine.
2. My homeboy here saying it‘s because sanctions.
3. giggle
And yet they are telling us in Australia they are running out of lpg but there’s literally ships just sitting out at sea idling. Australia has plenty of natural resources but they sell it all overseas and the locals suffer. The world is stuffed.
0.57: the 40 percentage dependability on Russia should be Norway, in case the colours are correct.
EU gas prices have normalized A lot faster than I thought they would. They've pretty much normalized already and I thought it would take A full year. Amazing how efficient markets are at efficiently distributing resources.
Source: believe me bro
still 6x times as expensive as 2 years a ago.
@@robertjonker8131 My doughter bought a bi-fuel car here in ltaly (LNG+petrol) in 2020,the cost per liter then was €0,68 for LNG,now it's between €0,73 and €0,85.. thats not x6 times more.
Wait for real winter to start, now its 10°C.
It whil be under 0°C.
Winter hasn’t even started yet
There staying off shore till prices rise it’s a fact
Everybody know it’s American who did this. Yet WSJ failed to mention a single word.
👍
Greed in its purest form
But the BBC said .......
I bet Europe is missing cheap Russian gas now
EU and Biden blew up the Nord 1 2
UK and US.
UK is no longer in EU.
This shows no one is your friend especially USA, every one is here to make money. Europe shour thank Russia for cheap energy for years.
It was weird not hear a word about the fact, that most natural gas tanker in Europe are in Greek or Cypriot hands. Which of course, changes a lot. Dear wall street journal, do better research next time you are producing a video or story.
The culprit of the Nordstream gas line was claimed by Truss in the UK, who reported to, and was ordered by, Blinken.
Winter is coming...
That's a step worse than being the captain of the Mary Celeste 😳
After US attack on Nord Stream pipeline, Europe is really struggling!
Looks like vultures hovering over a dying animal. Should something happen to one of these ships, the price of LNG in Europe will go through the roof.
no
Simple- they are waiting for the prices to go up before selling to EU!
They are screwed!
What why...who haven't heard about the energy crisis!!?😂
Let the EU freeze.
Nord Stream I has a capacity of 55 billion m3/a and Nord Stream II has a capacity of 55 billion m3/a. Total 110 billion m3/a. And I don't mention here other gas pipelines but YAMAL has also 33 billion m3/a capacity.
Do the ships has enough gas to fulfill that demand ? Heating home is just a tip of one problem, other problem is energy hungry industry. Mostly car makers and heavy industies.
* World largest/biggest LNG tanker has nearly 55.000 m3 capacity. Also these gas needed to cooldown and compressed before transportation whic is not energy efficent and costly.
Not even close. There are about 450 LNG tankers in operation globally. That's it.
Estimated number tankers needed to replenish same volume as Russian piped supply about +1200 ships.
..and building an LNG tanker certainly
ain't same as just making an I-Phone..
@@steveellis2501 There are mostly small LNG tankers / ships: Only a three of them has bigger than 450.000 m3 capacity. And dont forget, getting lng / gas with ships / tankers costs 5X more than Russian pipeline.
1:55 lol wsj, who dunnit? who profited from it lol 📈
can we get a video on the US stealing syrian oil?
NO...
@@jjbiggmann5576 why?
@@sez3923 BECAUSE ....IT DID NOT HAPPEN..
🏆
When Elvis Costello talks, people listen.
Each LNG tanker headed from the USA to Europe represents an increased cost for the already abandoned american middle class to to heat their homes, cook their food, and keep the lights on. But that will show Putin!!!
We'll just raise taxes on the rich which is OK because they don't pay taxes to begin with and still won't.
It will show Putin, and that in turn will keep the world safe for the American middle class.
@@16252 put down the pip dom
Simply for the prices to rise so they can make a bigger profit.
Yeah, like we didnt see that coming....great journalism guys....!@#$%!
Ah... its too bad. I was really looking forward to seeing Europe Freeze under their incompetence.
Genocidal much? How are they incompetent if they were able to quickly adapt to an unprecedented shock to their energy system.
@@JohnDoe-oq4zs They started the Cold War. They should end in the Cold.
Chris is a sad sad man
@@ronnie5329 Your brain sounds washed.
Europe is a warm place not cold
The culprit in the sabotaged pipelines, is the same beneficiary of the EU's misery. Russia had a great bilateral trade relations with most EU countries; however, that was not the prospect the US government envisaged regarding the Russian economy, hence they warned the EU about it's dependency on Russian gas. Guess who's dependent on who today for the supply of the most expensive gas supply. Like Antony Blinken said, this is a tremendous opportunity for the US.
whoa there jethro you must be some kind of genius to put that together. weird that wsj couldnt huh lololol, they dance all around it but cant say it
Wow, I didn't know that it was US who stopped supply of russian gas to EU, not Putin himself. By the time the pipes where sabotaged they were not pumping gas for several months.
@@gerolfvanoudshoorn4359 @Gerolf van Oudshoorn Well, it shouldn't surprise me that you're immature when it comes to geopolitics. Sadly, your rationale is perpetuation of the mainstream media propaganda machines narrative. Sabotaging pipelines and stopping of gas supply are two different actions. Moreover, Russia did not completely stop, but limited the supply of gas due to sanctions and a counter measure of gas for Rubles hence a sale by Euros will render such sale as a free gas, hence Russia will not have access to their foreign reserves. To date, Russia is still supplying gas to Europe via Ukraine, and is not being paid for. The US now the main supplier and supplying 70% of it's LNG which is 4 times expensive than the Russian gas. Are you really that gullible?
@@MrEvansjethro mate stop eating russian propaganda. Such "expirienced" geopolitician like you should know that not all things in the world are measured in money and russian gas comes cheap in money but too expensive in other means, like national security.
@@gerolfvanoudshoorn4359 Says a gullible person.
Unexplained leaks 😂😂😂 funny
RE 1:35 - 2:00 of this video, the United States with help from the UK blew up the Nord Stream pipeline.
Lol. Wrong.
@@codycast of course it is true.
This video is a joke. Everyone knows it wasn’t a leak but sabotage
i see........................
So there are no supply issues then. Right?
This winter no.
Self-inflicted wounds
I guess Europe better figure out how to go green. There would be a lot of new jobs created to help scale this efforts as quickly as possible.
Guys the stock market knew beforehand the CPI numbers would be low (and surged of course), the MACD positioned itself in the Futures markets. On 10/13, 10/21, and 11/10 it shows the same MACD Futures pattern before markets surged those days. I discussed this last night
Waiting for gas price to go up an then unload?
What happens to natgas now?
Is Natural gas now gaining momentum n traction for UPmove??
In Europe, demand for gas is being artificially destroyed, which leads to “deindustrialization” in some countries. There, for the first time in the history of world energy, demand for gas is being artificially destroyed. To the primary energy carrier. Deliberately destroying demand for one of the cleanest energy products. This has never happened before in history.😂
Shoulda stuck with nuclear
of course, you can sell the gas to EU at 4x higher price.
Central Europe will need the gas in December, to keep warm.
Hello,
Do we anticipate good demand during Winter of Natural Gas... considering its on lower end should we accumulate Natural gas over period of time and wait for spike in winter to book Profit.
Okay..... You can't put a price on freedom and Europeans knows that very well.... although it's a little bit expensive and not so reliable but again it's freedom we are talking about....
1:48 next to being absolute nonsesne to claim Russia blew up its own pipeline and not the US after trying to block NS2 with everything they possibly could do to stop it for years ... one of the pipelines is actually still operational, and Putin offered to supply germany with gas already several times.. the problem is just the german governemnt keeps refusing it.
Oh dear another vatnik who thinks that Putin never did anything reprehensible.
If only Western journalists were like Russian journalists, and only said nice things about Vladimir Putin.