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   Due to the shortage of gas in EU base on reduction of gas supply from Russia, EU countries have come to agreement to voluntarily cut the reduce of gas consumption this winter by 15%.
    EU countries assumed that Russia might cut the supply that pumps through the Nord Stream 1 pipeline, which runs into Germany.

 Do you think this will help solve the EU gas shortage for now




news.sky.com/story/ukraine-news-live-putin-looting-steel-bound-for-uk-major-deal-to-relieve-food-crisis-to-be-signed-russian-forces-increasing-missile-use-12541713

Depends if the people will cooperate or this will cause for another price increase since the supply will become more limited. Most probably they didn’t anticipate this one, and now the sanctions are hitting their back, hopefully they can find the alternatives since Russia is not the only one who export the gas though it’s pretty cheap but EU have no more choice but to look for alternatives and a better solution.

You can't do it just like that. Restaurants and bakeries use natural gas. You cut supply, you force them to buy electric furnaces, which puts more pressure on the grid and increases food prices. By pushing for green energy we've put the world in this crisis.

If Russians end up cutting all the gas flow to Western Europe by next winter, I'd expect Germany to start reactivating even more coal fueled power plants to endure this year. Russia will probably take advantage of the winter to bend the political position of Russian gas dependant countries at his favor, a punishment.

Once Germany and allies welcome Spring, they might turn off the coal plants again and continue to implement green energy.

for sure, these people will find their way out to survive if Russians will ultimately cut their gas supplies to this region. at this generation, we do have now more options to survive as there are so many technologies available now. i don't think Russians cutting gas will give an ultimatum to the lives of these people. they may even find better alternatives to this Russian gas.

Yes, in the long term. For now politicians need to put their environmental ideal and the well-being of the people in the short term on a scale and decide.
In my opinion, this is not about surviving, it is about living. I have never been in Europe but I assume people there are accustomed to a fairly high living standard (which requires energy) they have taken for granted, Putin knows it.

This is about using gas as an economical/political weapon to damage the life of the average European citizen, make them stop living and turn them to "survival mode", in other words, decreasing that living stardard.

What choice do they have? They've got no choice but to reduce consumption, not because that's the better option but because that's the only option. Of course, alternatives are being explored but I doubt they could be available for use right away. So there's really no other way but reduction on its use. At the very least, however, it's voluntary. Also, it's just 15% reduction. So if we could deduce something from this, it suggests that the situation is not that dire that it's a matter of survival.

They don't need to do that. Russia didn't cut the supply to them. But they may need to  use more gas instead to heat up. They need gas to turn on air conditioners just when heat also rises. They recently did experienced the hottest days in EU. Every thing you  turn on needs electricity which is powered by the gas that's the reality there.

They couldn't just approve that water powered engines,  winter makes it abundant with water. And we have seen cars powered with water thats a good option.

Know why they  couldn't approve that? Maybe the powerful guys above wouldn't make money.

This deal seems to be voluntarily for some countries, and other countries in the EU are completely exempt from it. Small island countries like Ireland and Cyprus are not linked to the European mainland gas pipelines and don't need to follow the rules. Same goes for the Baltic countries, they rely heavily for their electricity on gas and the risk for the countries electricity grid to collapse is to high, and of course Hungary opposed any deals. To me it seems that the European Union is too afraid to make strict rules for everybody and will be too soft in the end to not look authoritarian. These 15% will not solve any shortages during the winter. Russian already dropped the gas supply in the pipelines to 20% of it's normal output and cites  technical difficulties as the reason. Obviously it's all politics now and Putin wants to increase the cost for Europe to support Ukraine.

If the consumption is to be cut by 15% i think the EU will just have to adapt except they will have to opt for another alternative such has green hydrogen. The Russians has already announced they will be cutting their deliveries to one of the biggest pipelines to Europe by half meaning a treat to a possible future shortage of gas supply and a possible inflation if an alternative is not found.

I believe not everyone agrees to cut gas usage. I think as usually, government did not consult people and made decisions. People are living in different houses. Some have modern radiators, some have old 40-50 years old, some have heat regulators, but everyone will have less warmth this winter. Those who froze last winter, will feel even worse, while others wont feel difference from usage reduction. Reduction wont solve gas shortage, it will only prolong its usage. Anyway all reserves will end one day.

Freezing during winter will indeed solve the problem. However, cutting the gas consumption by 15% will only solve 15% of the problem.

If they can manage to use 0% gas then the problem of using the Russian gas will be gone completely. You might wanna ask now, what about the problem of German citizens freezing during winter by 100%? Well, nobody gives a damn.

Donald warned these cucks a while ago. "DON'T BUY GAS FROM RUSSIA."

They didn't listen.

I don't know why these EU guys are making so much fuss now. They wanted to get rid of Russian gas, and now Russia is helping them to achieve that goal by cutting down the gas supplies. They can re-activate the coal and nuclear power plants, or receive LNG from USA and Qatar. Or better, they can just ration the existing gas supply and ask the EU citizens to switch off their ACs and other appliances. BTW, I checked the live gas prices from EU, and right now, they are trading at around $2,000 per thousand cubic meters. Two years ago, natural gas was trading at less than $100 per thousand cubic meters.

Two dollars per cubic meter of gas at the hub is already very expensive. To heat a medium-sized house in winter with a gas boiler, you need to burn about 500 cubic meters of gas per month. I think many households in Europe will need subsidies to cope with heating and electricity bills.

People are already managing in various ways, and from Germany, which is a kind of landmark within the EU, news is coming about the massive demand for wood-burning stoves. Even in my area, people still widely use this method of heating, which is not so expensive if we consider that 1 cubic meter of wood costs around 50 EUR (in my country). For an average household, 1000 EUR is quite enough to keep them warm all winter, and if the winter happens to be mild, they will certainly not spend it all.

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Regarding the supply of gas from the US (LNG), according to the news I have read, it seems that the US will deliver everything promised, and even more if necessary. With all the other sources mentioned (Canada, Qatar, Nigeria...) and if it is possible to really reduce consumption by 15%, the EU will manage to survive until next spring - unless we are hit by some wicked winter, and given that summer is terrible, I wouldn't be surprised if winter was memorable too - misfortune never comes alone.

As far as I know, the practice of central heating is not very common in Europe, and each homeowner is forced to solve the issue of heating his home on his own. I hope the European Union will be able to avoid many unnecessary deaths from hypothermia this coming winter. I am Russian, but I would not approve of Putin if he allowed such a humanitarian catastrophe in Europe. No matter how aggressively European politicians behave towards Russia, ordinary Europeans do not deserve a rollback to the Middle Ages for the short-sighted decisions of their leaders.

Obviously because not all are the same but there are those who will be needing more gas for some important reasons but what can they do if that's what's being ordered for them? Nothing, but they will just follow it whether they liked it or not, or else they will pay big for it.

Sometimes a government can make decisions with their own as they also know that people will disagree on what they are planning so they think it's better if they will just surprise them as they can't do anything with it anymore once it happened. This move may not totally solve the problems that they are currently facing but maybe it still helps somehow? So, that's still better.

Some might expect year round temperatures to follow a linear path, where a hotter average summer is naturally followed by a hotter than average winter.

I hope everyone remembers global warming is complimented by another climate change process known as global dimming.

https://en.wikipedia.org/wiki/Global_dimming

Global dimming creates the potential for hotter summers in conjunction with colder winters through air pollution blocking or reflecting warming sunlight.

Climate change itself is defined by a two part process where summer becomes hotter (global warming) and winter becomes colder (global dimming).

As long as people remember that, and don't expect a warm winter, I guess everything will be cool (no pun intended).

I would disagree with you here. Russia supplied around 40% of the natural gas to the European Union until 2021. Even of the supplies from Russia get reduced to zero, EU will have the remaining 60%. And probably it will be around 70%-80% taking in to account the increased supplies from USA and Qatar. Whatever shortfall there will be borne by the industries and it will not affect the households. I don't think that the EU politicians will prefer manufacturing and electricity generation over household gas supply. And Russia should be happy if the manufacturing sector in the EU gets negatively impacted.

I hope that you are right, and that heavy energy-intensive industry will bear the brunt of the gas shortage in Europe.

Unfortunately or fortunately, I know history all too well, in particular the oil crisis in the 1970s. The real decline in oil supplies from the Middle East then amounted to only 7%, the rest were only verbal interventions. And this slight decline caused the worst global economic crisis with empty gas stations and solar panels on the White House. The volatility of gas prices in Europe right now reminds me of the price chart of shitcoins.

Maybe the west of the EU is not so much oriented towards such a heating method, but the east is still oriented towards wood as a heating material. People in houses will always have more choice than those who live in apartment buildings, but I don't believe that anyone will freeze next winter because there won't be enough gas, they will simply have to lower the heating temperature by a few degrees.

Your president is not too concerned about the humanitarian issues of the people in the EU because every day pictures of the mass graves that your soldiers left behind from various parts of Ukraine arrive. In a way, it would be logical for the EU to completely distance itself from trade with Russia, although this is very difficult at the moment.

If the average Russian thinks that the EU will return to the Middle Ages because the Russians will close the valves on the gas pipelines, then they are badly mistaken. It is a difficult year in which we live, the one ahead will be even more difficult, but people will find a way to survive as always.

OK. There is too much propaganda in the information field on both sides and it is pretty tiring. When I read in the German press calls from high-ranking politicians to wash less often in order to save hot water and take revenge on Putin, I don't know how seriously to take it. When I read in the European press that electricity and heating bills have increased several times, I do not know how true this is and, most importantly, how critical it is for the budget of ordinary Europeans. At my house, one cubic meter of gas costs 5.64 rubles (about 9 cents), when I see that in Europe the price of gas at the hub has exceeded 2.5 dollars per cubic meter, I understand that this is very expensive, but I don’t understand how dramatic this is for Europeans, because In different countries, different levels of wealth are considered the norm.

I am not sure but I think recently their plans got backfired because of Russia cutting their gas supplies by 20%. I have watched a video from WION News Channel about this, and it looks like that this energy and gas problem will be here for a very long while while this Ukraine-Russia war conflict continues.

While Russia suffered from Western sanctions, they countered it with cutting gas supplies to Europe. Sadly, most of the European countries like Germany are relying too much on Russia’s Nord Stream 1 as it supplies like 1/3 of it. Now Europe is divided in gas wars and this conflict will likely put them into recession.

You must never see the EU as a whole in which everyone lives in the same way, has the same wages and the same standard of living. The West of the EU is far more developed and has a higher standard than the rest of the EU, and in my opinion they will have to lower their standard of living a little, but they will not find themselves in a critical situation in any respect.

If you look at the minimum wages in the EU, you can notice a more than obvious difference in the relationship between West and East, and the paradox is that the prices of services or products in the West are similar to those in the East of the EU. Those who work for a minimum wage of 500-600 EUR really feel inflation and price increases, whether it is electricity, water or gas, or basic foodstuffs.

https://i.imgur.com/bWAFFDn.png
Source (https://www.euronews.com/my-europe/2022/06/08/what-are-eu-member-state-policies-on-minimum-wage)

In general, I would not say that there is any kind of panic in the EU - because my country records record results in tourism, money is spent as if there is no tomorrow. I think that after 2 years of all anti-pandemic measures, people don't really care what will happen in 3-4 months, because realistically they can't change anything.

The issue here that it is not just Europe that is paying the price. I checked the natural gas prices at various hubs. Dutch TTF prices are going at $2,300 per thousand cubic meters, while the LNG Japan/Korea marker is also near all-time high levels (~$1,500 per thousand cubic meters). Europe may be bearing a disproportionate impact of the oil/gas price rise, but other regions are also getting affected. Here in India, the government had to remove about half of the taxes on diesel and gasoline after the ruling party lost elections in some of the provinces. And already regime change has happened in some countries such as Pakistan and Sri Lanka.

For now why not, but the real question is for how long they can Kew doing this ? One way other they will have to find the source and work for future. Public wont be much happy with this decision, because its winter and that’s the season when they use most of the gas supply to heat up the houses and what not. This is getting poorly managed I guess. Companies like Reliance India and TATA are all set to refuel EU region since they are buying from Russia at alarming rate. EU will have to buy it no matter what the base source is to keep up their nations going on.

For the development of production, Europe needs cheap resources: oil, gas, metpalls, and so on. If the cost of production rises, then it may become uncompetitive and the company will go bankrupt.
America will not supply cheap resources to Europe.This is the main problem of the economy.

Even during the winter, people still need to use gas but it will be effective if more people would cooperate seriously. I think this solution is just temporary and it will not work in the long run. It will only be a seasonal alternative but not an ultimate solution. They still need to think of other ways to solve this problem because the winter season can't end their gas shortage.

When you can sell something for 2.5k to somewhere, even the places that had nothing to do with it can't go on to take it for 1.5k for too long, it would be not profitable to do it. Don't get me wrong, it could be less, but that would require for people who are taking advantage of this situation to stop doing that and sell it for a fair price when they know they can make more money.

Are you telling me that people who could make more money should just be fair and sell it for cheaper on the price it used to be? That's not how capitalism works and they can like it or not, Russia became capitalist the moment they stopped being USSR, hence they will do whatever they can to make a dime more if they can.

Due to its choice to stand with Ukraine, the EU will have to reform itself on various levels and forget Russia as a source of cheap raw materials, although I doubt that this attitude is sustainable in the long term and that political changes in various EU members states will still move towards Russia again. From today's perspective, this may seem unattainable, but let's remember what Germany did in World War II and where it is today, or what monstrous crimes Serbia committed only 30 years ago, and today it is in accession negotiations with the EU. Political and economic interests generally prevail over history, no matter how monstrous and bloody it may be.

The US will help the EU to the extent that they can and to the extent that it is currently in their interest, and currently both share the same interests. They know what happened last time when they stood by while Hitler conquered Europe, and if Ukraine were to be defeated, there is no question that Putin would continue to expand the Russian empire further west. There are much bigger things at stake than cheap gas or oil.

In case of natural gas, it is a bit complicated. Natural gas tankers take a long time to arrive from one port to the other. And at this point, a large part of the EU LNG comes from all the way across the Atlantic. So I guess this sort of price difference can continue for some more time. Gazprom has reduced flows through Nord Stream to 20% of the nameplate capacity, in order to help the EU achieve it's goal of total dependence from Russian gas. The problem is that gas production in the US hasn't increased, and therefore LNG is unable to make up for the reduction.

It looks like the EU will have no choice because of the Russian cuts, which is yet more stupidity piled on by Putin. As Russian sanctions bite and Russia falls into economic oblivion, Putin is trying to extract some sort of concessions out of Europe by cutting gas supplies to 20% of their original amount. This is yet another plan of his that is going to backfire, as it shows that Russia is not only an unstable neighbor because they invade for no reason, but they are also an unreliable trading partner because they throw their toys out the pram when things don't go their way. It does have a silver lining however, because after these cuts European countries will do all they can never to rely on Russian oil & gas in future - which are the biggest earners for the Russian economy that is stunted by the greed of their oligarchy.

Well I won't be shocked if that was true since at the end of the day while living in London in the words of Boris Johnson, people didn't need to be worried about the gas prices because they needed to use heating but they needed to wear just more clothes to keep them warm. The other EU countries have accepted it that they won't be getting much gas and the inflation is also killing the market so what I think is :

They need to find alternatives
They need to use renewable sources of energy, like using solar power to heat up the water for the house and things like that, if done on a sufficient scale I do think that most of the people would be able to gain at least some relief, the tax money can easily be used to finally have a *greener* alternative.

Russia is still willing to sell fuel to any country who needs it at a good price but taking it from there would be disastrous for the ongoing war.

Lets vouch for green energy!

{ P.S. central heating is common in Europe, i do know that most appartments now have individual heaters but at the same time the old ones do have central heating so there is nothing that you can do about it also you can always use electric heaters to reduce the bill this is what I do as a student}

They must be very proud that they reduced it by 15%, but with everything going on (mass murders of civilians and PoWs, torture, indiscriminate attacks, heavy shelling and near-total destruction of several cities and towns), it's more like an insult that serious caring about terrible things Russia is doing for that money it gets from other countries, including the EU. Just look at these [urlhttps://www.theguardian.com/world/2022/apr/06/1bn-for-ukraine-35bn-for-russian-energy-eu-chief-calls-out-funding-gap]terrible proportions [/url]of how much the EU is sponsoring the war via energy payments and how much it's compensating for this sponsorship in aid to Ukraine. It's not as bad as in used to be in April when the article was published, but it's still nowhere near even equal payments to Russia vs help to Ukraine, so it's not even balanced out.
Some EU countries are doing amazing things for Ukraine, but others are doing way more harm than good.

It must suck for the citizens that has to endure the winter with little to no heating while the higher-ups of their countries enjoy their aptly-heated condos or houses. I understand that continuously refusing to buy Russian petrol would help the West get what it wants but until when? Anyway, I'm pretty sure that the rest of the EU can resort to cutting trees and burning wood for their heating source for the rest of the winter, but not everyone has access to said resources so that's another problem on its own.


They still use burning fossil fuels to produce electricity. Pretty sure they will also cut back on the use of those, too.

According to currently available news, the US is doing a good job in terms of gas delivery, and the fact that in the first 6 months of this year more was delivered than in the previous year shows that the US has serious intentions to fulfill its promises.


The problem arose after the fire at Freeport LNG, which provides about 20% of the LNG capacity in the US, and that terminal will not be at full capacity until the end of the year.
 
However, it should be emphasized that the increased import of gas into the EU from the US causes a shortage of gas in some other markets that cannot (for now) compete with the prices that the EU pays for that gas.

https://i.imgur.com/U9CIogF.png

For European countries, reducing gas consumption is not the only or even the main source of solving this issue. Reducing gas consumption is one of the measures taken by the EU countries. Now the main thing for them is to find other sources of gas supplies, except for Russia. For them, this is a matter of principle - to avoid pressure from Russia and dependence on its energy resources in the context of Russia's military invasion of Ukraine and the imposition of sanctions on it. Now the EU countries are successfully finding other countries that will supply them with oil and gas. In addition, in these countries, even before the Russian war in Ukraine, a strategy for the transition to alternative renewable energy sources was developed. So there are several ways to solve this issue. Russia is not the only country producing oil and gas, and it is bound to be the loser in the long run.

In this context of implementing measures to reduce energy consumption, the president of the Spanish government has announced measures that are a bit extreme in my opinion:

Pedro Sanchez announces implementation of energy-saving measures in Spain (https://euroweeklynews.com/2022/07/29/pedro-sanchez-announces-implementation-of-energy-saving-measures-in-spain/)

'<...>will include the limitation of air conditioning to temperatures of 27 degrees, and 19 degrees in the case of a heating system. It will be implemented in, among others, shops, transport, hotels, banks, or the offices of private companies throughout Spain.'

LMAO. For that, ban the use of air conditioning or heating. In most places in Spain, in a building with people, 19 degrees can be reached without having to put the heating on. And if you want to set the air conditioning at 27, I think it's better not to put it on.

I agree that this is their only choice, however this is going to affect their citizens a lot, with a lower supply even if the demand is somehow artificially lowered the price of gas will go up since there are limits to how much they can lower their consumption, so the EU better hopes that the winter that is coming is benevolent with them otherwise they may face shortages which will put the lives of some people at risk at the regions where the cold is the harshest.

Time is changing - do you know we live in extreme condition and we have most of the time face gas load shedding in winter and its very bad. You are shiving - you cannot cook food and you cannot warm water.
EU has placed themselves in very sorry state.

At this point, the EU is banking on hypothetical scenarios. They are assuming that they will be able to secure more gas supplies from non-Russian sources such as the United States and will be able to lower the gas consumption within the EU by a large amount. And there is no guarantee that things will go as planned. For example, the fire at one of the LNG facilities in the United States has reduced American LNG supplies. EU's plan to restart coal and nuclear powerplants to make up for the shortfall from gas fired power plants have also run in to obstacles.

Regardless of all the problems, the EU has much greater financial power than some other parts of the world and currently manages to import large quantities of gas from various sources (mainly the US). It is true that the fire at Freeport LNG slightly reduced US capacity, but for now this does not affect gas deliveries to the EU.

The EU is in trouble and must act quickly, but the problem also arises for other countries that will no longer be able to pay a price that will compete with the one paid by the EU - and the seller will no doubt sell to the highest bidder.

What is the point of that deal, if people will get huge bills anyway? What those countries plan to do with unused (cut) gas ? Resell it? Europe planned to buy less gas? They want to use that saved gas next winter? Tricky gas companies - every year they show reports with huge profit. Why not take part of them and use to cover expensive gas? Or give discounts for gas users.

Cutting off supply of gas from Russian sources to the EU isn't going to be easy, i am so sure the EU know it will cause scarcity and it will cost more because this is not the usual route, but i guess it is an action that has been forced upon them, and rather than continually bend to some demands, like paying Russia in Rubles for its gas, they are exploring other sources.

Truth be told there are no guarantees to what they want to do, if it will even come in a sufficient quantity, but i feel they have to try, maybe not only for the sake of the present, but for the future, if the EU does not make an effort to break out from their dependence on Russia for gas, it may create future problems for them, going by how Russia takes some of its decisions.

What's the point of all this mess? I read some funny headlines these days, and to be honest, I don't believe in anything! Winter is coming, that's a fact... again poor people will be on the edge, I don't worry about rich ones! So what's the point? Do rich ones need slaves? Is that the system? :)

EU countries don't know where they are if you ask me... they need Russia, but they depend on the US as well! At least most of them... It's the same in my country, I guess they took money from both sides and now they don't know on which chair they need to sit! And choice always comes with benefits and consequences!

It's a shit show, they are selling weapons on both sides and they are making tons of money while incent people get hurt, as always... that happens around the world for decades, centuries...

Russia has been a reliable supplier of natural gas to Europe for more than 4 decades (since the Ostpolitik days). The current crisis was created solely by Europe. What is the need for them to intervene in an issue between Russia and Ukraine? Ukraine didn't even had EU candidacy status when this war started. And from what I can see, this is hurting Europe much more than Russia. European gas prices have gone through the roof, while Russia is still able to get higher revenues as a result of increased prices.

The countries of Europe have just come to a consensus that Russia is an unreliable supplier of gas and is now using it as a weapon and blackmail.  Moreover, he does this every time to achieve his economic or political goals.  Now Russia itself has limited gas supplies to 12 European countries, while violating agreements previously signed with them.  Taking into account the fact that Russia attacked Ukraine and is waging a war of conquest, destroying infrastructure and civilians in Ukraine, a decision has been made to get rid of energy dependence on Russia once and for all.

 Europe cannot be an outside observer of an aggressive attack on Ukraine, Russia’s violation of all conceivable international agreements, since, following Ukraine, Russia is already openly threatening war to the Baltic countries and Poland, and recently to Kazakhstan, Georgia and Moldova.

 The EU countries are now deliberately going to some restrictions and economic losses in order to reorient themselves to other suppliers and solve this problem forever.  Gas and oil prices have now skyrocketed, but this is temporary until Europe gets its supplies of energy from countries other than Russia.  But Russia itself will end up losing much more in the long run.

I am not saying that it would be enough because we all know it won't be enough and there will be shortage, that is as clear as day. But, when nations get together to decide on ruining another nation, that matters more to them then giving up gas. They can give up gas, oil, wheat and many other things just to make sure that Russia doesn't kill any more Ukrainians.

If you allow them to continue to do this, then what does it say about another nation killing some other innocent people? If you allow Russia to do this, then you are telling the world that it is okay and nobody will mind and we will keep buying more from you. So sanctions do matter, cutting gas do matter, not working with Russia ever again do matter because it is sending a message.

So this world gets a bravo now.

Once upon a time the only weapons created - rockets, atomic bombs, etc. - were against militaries. Now we have succeeded in creating weapons that hurt absolutely nobody except for people who have nothing to do with the conflicts.

Think information warfare, hacks, "gas weapons", "climate weapon", and the 100 other ridiculous weapons that the news says that Russia invented.

Insert hardest facepalm here

Hola. We have a new topic coming in . . Taiwan and China. Now China is getting ready to strike Taiwan and US representative have reached Taiwan to show their support like the way they have shown their support to Ukraine. And placed the whole world in the whirlpool of inflation. Now there is another emerging. And it will be another mess soon.
Let's get ready.

Biden as the president has been a disaster so far for the United States. One of his first steps after assuming power was to cancel Keystone XL, and to prohibit fracking on federal lands. Crude oil prices immediately went up to $90-$100 per barrel. This strengthened the Russian treasury and probably was one of the reasons why they invaded Ukraine. And now they are provoking China, which took a neutral stance so far in the Russo-Ukrainian war. These reckless actions by Pelosi and Co will just force China to openly come out in support for Russia.

I will have a good laugh if in situation, if China attacks Taiwan, countries will put sanctions against China, and business wont work with China again. Without China, every production in every country would stop. And gas problem would be less important problem among all others.

"Cut use of gas this winter" - yes please. I am fed up with that super heat from radiators. Even if I turn them off partly, I will open windows and heat the street, because +24+25C is unbearable.

The best solution that could ever be! Finally, they realized who they were "dealing with"! I am glad that pragmatism and common sense won, for a real assessment of the situation, and making such a difficult decision! I am sure that now the EU will begin to take real and noticeable steps in order to completely break off energy relations with Russia - an international terrorist country!

If you are saying then it might be possible as i don't know the reason behind it so lets see, its looking too hard as Gas plays a massive role in the development more over the time in power generation sometimes in transport and also textile industry relies on the gas. EU countries has many other options as well in their development ways but complete cut down is looking about tooo hard for now.

The main reason is the supply chain, Russia is their bigger supplier of Gas and since they impose sanctions they also have to suffer for the consequences and look for alternatives. This is a wake up call for EU not to rely on any specific country especially if its not their ally. Cutting the use of gas in winter can’t give rewarding result because this is just for their short term solution, what about in the coming years? Are they going to stop the sanctions with Russia and ties again with them? These are the questions EU citizen should ask.

For Europe this means turning the heat from 23C to 19C, that is a saving of 25% and that is all the "pressure" that the people are going to feel for this matter. It is much worse the effect in industry so EUs mitigations will drive the resources available towards the industry and use other energies to heat homes.

That is only true for a few nations though, UK, Spain, Italy, France... they won't notice much other than price.

Everyone is focusing on domestic consumption. But the big issue IMO is related to industries. In countries such as Germany, the heavy industries can't survive for long without cheap gas. And if they close down, then products from China will be able to replace them in the market. Already major manufacturers such as BASF have closed down many of their units. And this is not a short term problem. Even if they are able to resume production within a few months, there is no guarantee that the market share will remain the same.

Their gas supply will come from Nigeria soon because according to one piece of news I've seen on TV just recently, they were working day and night to build the pipeline going to Europe. This is quite good news for them. They then can completely abandon Russian gas. This is a game changer in this situation and by this, Germany can continue manufacturing soon.

They are rampingit up https://www.youtube.com/watch?v=5ifVry9f38I

You are both right, but also not right at the same time, depends on where you are sitting obviously. If you are Europe, then you realize that if you stop using gas, that will hurt your own people more than it will hurt Russia, but it WILL hurt Russia and that is what they want, you can't just waltz in another nation and say "hey there are Russians here, we will take this land" and get away with it, if that is the case then we will have conflicts all over the world because there are nations and races overlapping each other all around the world, hell half of south USA would become Mexican tomorrow if that was a good reason.

Hence, while it’s bad to hurt innocent people of your opponent, hurting your own people to send a message could be seen as leadership.

The problem is that some part of the EU has been flirting with the global gopnik and terrorist for a long time. Yes, the Kremlin paid a lot of bribes, corrupted the supreme power of the EU and many international institutions. But .. an epiphany has come! Finally, even Germany, bound by a huge corrupt connection with the Kremlin, realized that further playing into the hands of the Kremlin would mean killing its own economy, at least. But as the saying goes, "better late than never"! And now the world is starting to turn its back on hydrocarbons from Russia. Someone immediately solved the problem (those who were not mired in Kremlin corruption), someone didn’t get hooked at all, and someone will have to “tighten their belt” for a couple of years in order to “pay for” toxic friendship with a terrorist country, a pariah country. On a global scale, it will take 2-5 years for the TOTAL rejection of the terrorist country's hydrocarbons. But then, I hope, no one will repeat the mistakes, and before choosing partners for strategic projects, they will first of all think about the interests of their country, honor, legality, and not about filling their pockets.
The world has been vaccinated against the terrible disease "connection with the toxic regime", the world is changing!

It will definitely be a long road there, but it could get there. One of the greatest benefits of this situation is that it speeded the clean energy process of the world. Since oil was the most important weapon Russia had, that means that EU and US would have to stop using oil like its free and they have to start using the clean energy world for it, and wheat situation is also another reason why vertical farming is getting more famous as well. So basically, the earth itself needed the humanity to do the right thing and because Russia attacked Ukraine, humanity finally found how it could do that when they were failing to do it for the past 20 years when every expert said they should.

I can't really imagine how these poor countries strive to survive from the limited supply of Oil. I feel it in my place; the price surge has been visible in all areas and affects all the supplies in the market. I think this was the time that every country will find its own oil resources (if possible) in order to have other options in the case of the supply becoming too limited. As this war continues, we still suffer the blast of its impact on the market and price increase. Plus the corruption and market manipulations.

Despite the massive withdrawals from the Strategic Petroleum Reserve, crude oil prices are still hovering at around $95 per barrel. This is almost 2.5x the rate we had two years back, during the pandemic years. Dutch TTF natural gas is trading at $2,200 per thousand cubic meters (20x the rate from 2020). It is actually depressing. Most of the third world nations are under extreme strain because of the skyrocketing fuel prices. Here in India, the government is absorbing most of the price increase, so the common people are yet to feel the full impact.

At this point, gasoline costs around $1.25 per liter. Previously taxes used to be 60% of the total price, but now it has been reduced to around 35%. Government revenues are down, but they don't have any other choice.

First of all, it must be taken into account that the reduction of gas consumption this winter in European countries by 15 percent is one of the measures taken to get rid of energy dependence on Russia. At the same time, European countries are quite successfully reorienting themselves to other oil and gas suppliers, and are also continuing to implement the previously developed program of gradual transition to alternative energy sources at an accelerated pace. Despite the fact that many problems have appeared in Europe because of this, as well as the fact that now they will suffer certain losses, in the future Russia will lose big.

Gas storage occupancy in Europe at the beginning of August 2022:
Germany - 70%,
Spain - 78%,
Czech Republic - 79%,
France - 81%,
Sweden - 91%,
Poland - 99%,
Britain - 100%.

That's all there is to know about Putin's screeching propaganda that Europe will freeze without Russian gas :)

The numbers look good except for Germany. Germany's demand for gas is huge, and its gas storage facilities are just a buffer to smooth out the fluctuations in gas consumption in winter and summer. Even if Germany fills its storage facilities by 100% by November (which will be extremely difficult to do with 20% pressure in the Nord Stream), this will be enough for her for a month and a half of a moderately cold winter.

The Russian gas company Gazprom has recently reduced gas supplies via the Nord Stream 1 gas pipeline from 40% to 20% of its capacity. Russia is openly putting pressure on EU countries to force them to buy oil and gas on their own terms.

But how bad is gas in Germany?
The German economy is extremely stable and will withstand the reduction in Russian gas supplies, Christian Scheuing, Chief Executive Officer of Germany's largest bank Deutsche Bank AG, said in an interview with the Frankfurter Allgemeine Zeitung newspaper.

Even if a complete halt to imports triggers a recession, the German economy will be able to cope with the consequences "no matter how bad they are," he said.

Now gas storage facilities in Germany are 69% full. This was stated by the head of the Federal Network Agency Klaus Müller on Tuesday, writes Evropeyskaya Pravda with reference to Spiegel.
At present, 0.4 percentage points are added to the volume of gas in storage every day.
Under the new regulation, gas storage facilities in Germany must be at least 75% full by September 1st. They should be 85% full on October 1st and 95% on November 1st. According to Müller, three-quarters of all gas storage facilities in Germany are already more than 80% full, and in some cases even more than 85%.
Therefore, Germany will not remain without gas.

What we need to realize is that if you give an inch, they will take a mile. Russia is doing something horrible right now, if Europe doesn't cut ties with Russia all together then we are going to see Russia attacking another nation next.

Look at what happened with Finland and other nations, they were basically given a good amount of chance to join Nato thanks to this Ukraine war, they made a point of doing it during the war itself, because that was "let's see you attack us as well if you have the balls" and Russia didn't had any, they were already in a war and couldn't afford to be in another one. They found Ukraine small enough to attack, and even there they are getting their ass beaten, if Europe doesn't go on and start using gas, then it will hurt the war efforts.

It will be very difficult - the countries in EU are cold countries and they cannot reduce their oil reduction during winter. So they should get their supply handy rather than suffering

But that also means that they could have a good deal made from other places in order to cover the differences for the next few months. If not, they will have a terrible winter where they are very cold, and they limit the usage, make sure that everyone gets "enough" and not a lot, and people will definitely be cold a bit there is no denying that, but until the winter after that, there are like 1.5 years left and that is how they could arrange something much better by that time.

Russia trying to strong-arm all the competition will not be helpful for them, maybe they managed to bring money in from all the sanctioned Russians, but that will not be a good long term solution.

Of course Germany will solve this issue one way or another. But whether after that Germany will remain the locomotive and donor of the European Union - that is the question. And the answer is rather negative. For years, Germany enjoyed an abundance of cheap resources from Russia, and now it's over. It is no longer possible to resell excess gas to neighboring countries, earning more on the virtual reverse than Gazprom on gas supplies to Europe. There will be no more German industrial giants whose profits fed the poor countries of the European Union (such as the Baltics, Poland or Greece). Germany will survive, but the EU is fucked up.

Winter is not easy in EU - how are they going to. survive? in our country temperature fall only one to 4 degree below zero and we have gas supply cut down during winter - you can not imagine the pain of cold and no gas. It is horrible.
I wish EU finds some solution and finds it real quick

I don't think it's voluntary, if there is a reduction in gas, what will the businesses do, what will their economy do if there is insufficient supply, won't this lead to a recession, the standard of living will be greatly reduced.

Germany imports around 90 billion cubic meters of natural gas every year. Two years ago, in 2020 it cost them somewhere in the vicinity of $10 billion. If the current prices are going to stay at these levels, then their annual bill just for the gas imports will amount to $180 billion. I am not saying that Germans will be left without gas. But their trade deficit and budget deficit is going to go up like crazy, and even if they drastically reduce the imports the burden on the German tax payer is going to be huge.

Well, what can I tell you? The example of Germany shows and proves that having a connection with terrorists and criminals not only makes you an accomplice of a criminal (to a greater or lesser extent), but is also guaranteed to make you a victim of your criminal friend! Instead of understanding back in 2008/2014 that Russia is a world terrorist country and taking measures to reduce dependence on the resource that the terrorist trades, the German political elite continued to play the role of the Kremlin's "girl for money." Now, yes, they will have to live for about 2-3 years with a reduced social program, higher taxes and rising unemployment. But it happens - if you drink water from a puddle and eat shit - it's stupid to expect a normal state of health - sooner or later you will have problems, and such a fool will have to wallow in the hospital, receive painful injections, lose weight, and get a bad appearance. BUT ! But such an object will receive an unforgettable experience that will teach him for life not to do idiotic things. But nothing - Germany will survive this crisis and recover, and I hope this "vaccination" will have an effect forever.

They can't make it work this year, building a pipeline there to carry the gas will not be quick, it may not even be good enough for next year but it may get there, it’s a coin toss if it will be enough time for 2023 December for example. However, in the long term it’s still a good decision because in 2024 you will have it, and in 2025 you will be used to it.

Maybe slightly more money, but Russia will go bankrupt by that time and learn their lessons and will not attack anywhere anymore since the finances will be in terrible condition when they fail to sell anything to anyone. They are doing fine now thanks to gas and oil prices going up, but what if they fail to sell it to anyone in the future?

Keep dreaming about Russia going bankrupt. That will never happen. The deal between Russia and Saudi Arabia, signed back in 2016 is the game changer. It meant that oil prices will never fall below a certain level. And in Russia, the production cost is around $20 per barrel for Urals crude and they will profit from their crude oil if the market prices remain above that. For natural gas, apart from the pipelines to Europe, they have separate pipelines to China and Turkey. And an additional pipeline is being constructed towards China. And new LNG projects in the Arctic are nearing completion.

The attempt by the United States, Great Britain, Australia, Japan and the European Union to isolate Russia with sanctions, disconnect it from the world trade and financial system and turn it into a pariah country has failed mediocrely. Russia has been preparing for this for a long time and has successfully passed the test of sovereignty and stability. The idea that Russia will immediately go bankrupt if the dollar is banned is naive and absurd, only an idiot could believe it. Russia is the largest, richest and most influential country in the world, just look at the geographic globe of the Earth and it will become self-evident. ;D

The way things are in India is that the government says that the price are not controlled by them and that is the narrative they said when crude oil prices were trading well below $40 and no one got the benefit as the common people were still paying higher prices due to exorbitant taxation imposed upon them and now you think that government is absorbing the price and the common people are yet to feel the full impact, what a joke.

Wait for the Gujrat elections to get over and it will be back to normal with price rising on a daily basis :P.

@OP EU countries agreeing to cut the use of gas this winter, which means industries will be hit hard and household will be as well which will be really bad.

I think that Russia is the worst sufferer in the medium and long term, as it does not have another gas supplier capable of meeting its needs, and at the same time, it does not have the necessary infrastructure to acquire liquefied gas, whose cost is very high compared to natural gas. On the other hand, he ruled out Russia's permanently cutting off gas from Europe because it is almost the last pressure card it has .

Russia is not suffering at all...If some of the buyers have left the trade there are many in line with them too.
My country also wanted to buy oil and gas from Russia but due to US and EU pressure  - they were unable to do it.

I also wonder how the EU deals with this in winter or when bad weather occurs in the EU area. But in an article on the kompas (https://www.kompas.com/global/read/2022/07/29/180100670/eropa-optimistis-mampu-hadapi-musim-dingin-tanpa-gas-rusia?page=all) site I read that the German Network Agency Bundesnetzagentur, the regulatory authority for electricity, gas, telecommunications, postal and railways, also expressed optimism that German gas storage facilities would be able to supply gas in early winter. Even with the dwindling rate of gas shipments from Russia.

If your country wanted to buy oil and gas from Russia, but was unable to do so due to pressure from the US and the EU, these are the sanctions in action. Now they want to deprive Russia of the main source of income and financing of the war in Ukraine - the supply of energy resources to the world market and the receipt of currency for this. European countries are now trying as quickly as possible to reorient themselves to other markets, except for the Russian one. Oil and gas is not only in Russia. In addition, they have long adopted a program to phase out such energy carriers and replace them with alternative energy sources in order to reduce the effects of global climate change. As a result, Russia will lose a lot here in this confrontation.

If you read the OP and the article provided you will understand the reason, it is obviously due to the ongoing war between Russia and Ukraine and Russia is the biggest oil supplier to European countries and once the war started the supply is reduced and they fear that Russia would halt the supply completely and hence they are forced to take measures to counter that.

Russia cannot cut off its gas supplies to Europe because it imports a large part of its needs from the European market. Currently, there are those who did not comply with Western sanctions and kept importing Russian oil, for example, but for less than half its price. India and China are taking advantage of the crisis to boost their energy reserves, and Russia does not have alternatives because of the economic sanctions that have been imposed on it. Consequently, it threatens its economic strength, including cutting off Ukrainian wheat supplies to the whole world, not just Europe.

They are blocked from importing directly from EU.    They have reserves to trade with other countries thats their plan.   Russia cannot even send their own assets towards remote sections like Kaliningrad as this too requires the assistance of NATO members who have sanctions against any Russian asset.


Its a mitigating move, this whole incident is a test of EU unity as most countries are not nearly as deeply entrenched into a gas shortage as Germany managed to do.     Its common mistakes, countries dont value their own production ability enough.   Germany required a stack of new projects as priority one far longer back then the last decade, they took the path of least resistance and leant on nations outside EU and NATO.   I hope history records this mistake will keep occurring if we dont avoid it.

...but on the other side:
- China's economy rests only on the EXPORT of its products, and sanctions will instantly kill domestic production.
- China still needs investments and Western technologies. And they won't either.

These 2 points will be enough for the Chinese economy to very quickly roll back 40 years ago, but hundreds of millions of Chinese who remember how to live in poverty, and how they live now, will clearly be against returning back to a totally poor past "

- China has no true and strong friends, and no one will help it in this situation.
- China is not idiots from the Kremlin, and they are very realistic about the situation.

And these two points indicate that, most likely, China, looking at a dying Russia, which is dying precisely because of Ukraine's international support, and pressure on Russia itself, will make a more logical decision. Which ? It's hard for me to say. Perhaps the broad autonomy of Taiwan, and for example the independence of the banking and political systems, but conditionally as part of China. Or some kind of confederation... But a stupid war is unlikely, which is guaranteed to throw China back 100 years ago!

I am not sure how the cold countries in EU are going to survive in winter without oil and gas supply..
The winter is going to be unique and tough this time.
In our country the temperature drops to only zero and we have gas and electricity shut down for years. And we know it is very hard to survive. What are the cold counties of EU going to do/?

India and China are okay with continuing business with Russia for their oil despite the condemnation from the west. The problem is, the Russian economy isn't solely based on oil/gas. There's sanctions on most Russian exports from the west and India/China cannot pick up the remnants of the Russian economy on their own.

Russia is suffering, just not to the extent the west had hoped for because of the bone India and China has thrown them.


Which is rather unfortunate because the west has no authority to become global arbitrators in economic affairs.

"Successes" of Russia in the oil and gas market today:
1. Gas production, only according to official data, reduced by 15%. This is an irreversible loss.
2. That part of the gas that Russia does not supply to Germany via Nord Stream 1 is simply burned. Losses of the order of 300 million dollars a month!
3. Part of the oil that Russia no longer supplies to the EU, it is forced to sell to China and India, on their terms, and this is a 40% discount to the market price, i.e. today about 50 dollars per barrel. Yes, and this is subject to more expensive transportation
4. In Europe, Russia has lost its status as the leader in gas supplies, now Norway is the leader in gas supplies, which is ready to further increase production in order to contain negative factors in the market.

Where are we all heading towards?
Death - war - destruction - more destruction and killing. It's time for the world to hold the horses and let the peace grow!
Otherwise we all will suffer and there will be no end to it..

The threat of shortages may still remain in the future, so these countries may want to minimize their dependence on Russian natural gas in the future and the EU States finally take decisive action to complete their current gas role, which could be a significant step toward ending the crisis. but we'll see how long this lasts.

My opinion This may only be a short-term solution, but it will at least help the situation for a while. Plus, prices are likely to go up soon, so maybe this will give the EU some time before the next round of price hikes.

There isnt a solution possible in that short time frame but they can mitigate the worst effects.   So simply not heating housing separately but getting as many poor and/or elderly people to share a heated room, take part in activities together for 8 hours a day throughout winter.  Just that simple measure can greatly reduce the worst fallout of not having enough gas for heating available.
  It doesnt have to absolute miserable or negative, people coming together can feel alot like a positive so I say it will be a mix of effects.  Eventually Germany or other highly dependent countries will find their feet, people generally flip to extremes in their reaction and feat the absolute worst.  We do hope for a mild winter of course.

That's not a loss if the gas just stays in the ground.

I read they're flaring about 4 million m³ per day. That's a lot, but only 1% of the amount EU used to import from Russia.

But Russia earns more from Europe than ever. Last month (https://apnews.com/article/russia-ukraine-putin-germany-european-union-553209d62edd0f925a3e2af00abada74):
Why didn't EU set a price cap instead of bans? I would get it if they would have cut it off completely, but now we're literally paying more for less gas. It's the opposite of what the sanctions were supposed to accomplish. EU is basically sanctioning itself and paying more than ever to do so!

That won't last: Russia has 33 times higher gas reserves than Norway, which even at the current rate of production will only last 12 more years (https://www.worldometers.info/gas/norway-natural-gas/).

1- I agree with you that a decline of 15 percent is a huge loss that may cause a short-term deficit.
2- These quantities can be converted to liquefied gas or simply reduce the daily production quantities, but they do not do this to maintain prices at the required level.
3- This is a cost that Russia must pay in order to be able to continue its policy of pressure through economic sanctions. India and China cannot buy these derivatives at their real price because it will cost them more than that by adding the cost of transportation and refining. Russia will surely find other buyers in the future and will sell it at its price. In addition, India and China are strategic allies.
4- Belgium cannot meet Europe's needs for Russian gas. Europe will enter into a real crisis with the advent of winter.

It's a short term solution but it cannot be used for a long time. In France, the government has published a law for using air condition while the door open to reduce the gas consumption. However, the significant problem is the supply, particularly the Russia-Ukrain war

It is not as easy as some might imagine. All alternative options require huge resources to establish in addition to the time required to do so. The hydrogen-powered train is an old project, that is, before the Ukrainian war and the beginning of the crisis. If the world begins today to plan solutions capable of compensating for the excessive consumption of gas and oil, it is likely that work on them will be finished after ten years, as an average estimate.

The gas price continues to increase not just in EU but also in other countries, this kind of law is just temporary and seriously might not affect the gas consumption that much. If EU really concern about this, they should think for a long term solution because I can’t see any reconciliation with Russia to them, they should start looking for other supplier at a much lesser price.

From today (31st August) onwards, Nord Stream pipeline will be closed for gas transport. This will exacerbate the situation in Europe regarding the availability of natural gas. Now the only transport route for Russian gas to Europe at this point is the one through Ukraine. And if the supplies get disrupted there, then catastrophe awaits the Europeans. And the Europeans are getting really desperate. The French have now invaded Yemen in pursuit of natural gas (not sure whether it will be of any help for them).

Not quite so, there is also a Turkish stream from Russia to Turkey along the bottom of the Black Sea and further from Turkey to Europe (to Serbia, Hungary, etc.).

No matter how the Kremlin terrorists tried to economically terrorize a small part of the EU (Germany, France, Italy, Hungary) by shutting off the gas valve, irreversible processes of degradation have already begun in the Russian economy. They will no longer be saved by stopping the pumping of gas to these countries, moreover, it will lead to the destruction of the gas industry! Why ? Because Russia is a backward country, with a very primitive and inflexible gas infrastructure, and they will simply have nowhere to put such volumes of gas, which will make it necessary to preserve production. Well, or stupidly burn at a loss :) By the way, as is already being done with gas that is not supplied, in violation of the contract, to Germany.
We sit back, pour our favorite drink, and watch online how the supposedly "powerful economy of Russia" turns into dust, but the real fake and primitive economy of a third world country :)

and what is happening now with this policy is that the EU community is the victim. Until now inflation has occurred on a large scale, and of course this is like suffocating the people. quite miserable. and not only for the EU, of course the whole world will be affected, because many other countries need products from Europe to meet their daily needs. I hope that good diplomacy will take place soon, considering that so far there doesn't seem to be an agreement to relieve each other. I'm afraid that this kind of condition will have a bigger impact than the occurrence of war

How the Kremlin wants their fantasies to come true! Otherwise, their entire history, achievements and felicity, being 100% fake from birth, will collapse and bury under them all this formation that is morbid for the whole world, under the name of the Russian Federation.

So, what does the picture look like as of September 1 regarding the filling of European gas storages, according to the system of ensuring and guaranteeing the work of industry and providing households? After listening to the idiotic squeals from Russian terrorists, the first opinion is that Europe will definitely freeze this winter! :) This is how the situation is presented.

But there is a reality and it is like this:
% filling of gas storage facilities, from the standard, excluding 15% savings in 2022/2023 (!!!), as of September 01, 2022


Austria 67.54%
Belgium 89.64
Bulgaria 62.64
Croatia 78.48
Czech Republic 82.27
Denmark 94.4
France 92.4
Germany 85.02
Hungary 64.57
Italy 83.33
Latvia 49.8
Netherlands 78.76
Poland 98.98
Portugal 100
Romania 74.3
Slovakia 78.38
Spain 85
Sweden 90.8


PS most importantly - unlike Russian fake news, the above facts can be CHECKED :)

We won't freeze to death, but it's terrible for industry. Just recently, several large factories had to shut down because of high gas prices. That means less jobs and more importing, and none of that is good considering the current inflation and euro exchange rate.
Heating isn't the main reason for our high gas consumption.

It is bad for the German heavy industries in particular. Compared to other countries such as China and South Korea, they have high labor costs. They were competitive just because of the cheap gas. Previously gas at East Asian hubs used to be much more expensive when compared to European hubs, but now the scenario is reversed. Japan is another country which has taken the suicide pill. They just went ballistic to prove their loyalty to the United States, and announced a total embargo on gas and oil from Russia many months ago.

Yep, it seems that the steelmakers (https://www.yahoo.com/news/european-steelmaker-forced-close-plants-114800316.html) were the first to go under the knife.

My Ukrainian friend posted somewhere here a few weeks ago that Saudi Arabia is planning to increase the crude oil production by 3 million barrels per day. I immediately refuted this claim. And now the news has come out that OPEC will actually reduce their production by 100,000 barrels per day, starting from October.

https://www.business-standard.com/article/markets/opec-to-cut-crude-oil-output-by-100k-barrels-per-day-from-october-122090501248_1.html


I am a bit perplexed. What was the purpose of Biden's visit to Saudi Arabia recently? After meeting with Mohammed bin Salman Al Saud, he was claiming that the Saudis will pump oil like there is no tomorrow.

The irony is that the conflict between ukarine and Russia has gone in the background and now more focus is on energy prices in Europe.
Nord Stream pipeline will not pump gas to EU because of some leakage problem. (Source) (https://www.google.com/amp/s/amp.theguardian.com/world/2022/sep/06/russia-ukraine-war-latest-what-we-know-on-day-195-of-the-invasion). Its now very much clear that Russia don't wanna supply gas to Europe until EU lifts sanctions from Russia.

Russia is still transporting gas to the EU through Ukraine. From what I heard, the Urengoy-Pomary-Uzhgorod is still transporting 35 to 40 million cubic meters of gas every day:

https://www.reuters.com/business/energy/russian-gas-flows-eu-via-ukraine-remain-stable-nord-stream-stays-shut-2022-09-06/

It is quite confusing. They can rather redirect this flow to the Nord Stream1. If they use the Ukrainian pipeline, then they need to pay transit fee to Ukraine. So I don't understand the point in refusing to use Nord Stream1, and at the same time relying on the Ukrainian pipeline to transport gas.

It's so strange, Europe bought 2 world wars for themselves and rest of the world, yet after 70  years. Once saviour in world war Russia and rest of the world is again seem to be standing up in arms against each other.. ah!  humanity never learn...Had not not really knocked Russian doors, there would not had be any reason of fight between Russia and Ukraine. Now we have set in a chain reaction and we need to stop it somewhere

We do not pay attention to people mentally affected by Russian propaganda, we just read facts from real life :)

- The EU plans to double the import of gas from Azerbaijan in 5 years. Brussels sees in Baku the most important partner in ensuring the security of gas supplies. According to the head of the European Commission von der Leyen, the EU intends to double the volume of gas imports from Azerbaijan within a few years.

- EU fills gas storage on schedule but pays exorbitant price - Reuters. Well, how did you want to be friends with a world terrorist and dream that this will pass unnoticed? No, it does not happen, this is a small "lesson" for the future ..

- Residents of Russia will be forced to pay a new fee for gas after the supply to Europe is cut off; D Well, how without a "terpily"? Someone should also be responsible for the idiotic antics of the old rubber asshole from the Kremlin! :)

- "Fraternal China for Russia" helps Russia with all its might! ;D "China has taken hostage $100 billion of Russia's reserves." Having invested 17% of its gold and foreign exchange reserves in the yuan, the Russian authorities admitted that it was simply impossible to withdraw funds from Chinese assets.

- And "brotherly India" is also not far behind! :) India has sharply reduced purchases of Russian oil after the visit of US officials. Over the month, the flow of Russian oil to India shrank by 40%: at the end of July it was 960,000 barrels a day, in mid-August - 740,000 barrels, and last week - 570,000. China bought at the same time bought 810,000 barrels a day - 35% less than in early June.

- 78% of EU citizens support economic sanctions against Russia, almost 70% are in favor of continuing military supplies to Ukraine from EU countries - latest Eurobarometer poll

... I could continue for a long time about the "successes of Russia" :)

 

The problem is not "knocking on the doors of Russia", that is the problem. Propaganda by the Russians is that "they came all the way into our borders, we had no choice left!!" and the reality is that Ukraine is an independent nation that has the right to make decisions independently.

If Ukraine as a nation wants to join EU, they have the right to do that, saying that "they came to our borders!!!" means that Ukraine does not have the right to join EU just because Russia doesn't want them to, is that independence? Of course not. This is why there was absolutely no legit reason for Russia to attack, and they are just pure bad people for doing it, not Russians of course, all the Russians I met are lovely people, it is only Putin that is evil.

The conflict between Russia and Ukraine has torn off many masks. The European Union has turned out to be a colossus with feet of clay, whose power is based on cheap resources and energy from Russia and cheap labor from Eastern Europe. NATO turned out to be an incompetent impotent and a pale shadow of AUKUS. Great Britain found itself without a Queen and with an unscrupulous opportunist prime minister. If Russia seriously turns to the east, Europe is fucked.

And if Russia does not turn its back on Europe and extends a helping hand to it, it will take control over Ukraine, Poland, the Baltic states and the Balkans in return. Therefore, the European Union is fucked up anyway. ;D

Europe will have to learn to live with this in the next few years.

Meanwhile, European ministers have backed down on divisive proposals to cap Russian gas prices (https://www.reuters.com/business/energy/eu-countries-seek-emergency-solution-soaring-energy-bills-2022-09-09/). The EU plan calls for governments to strip excess revenues from wind, nuclear and coal-fired power plants, which can currently sell their energy at record gas-driven prices, and use the money to rein in consumer bills. This is the funniest thing I've read this week.

The terrorists from the Kremlin, instead of pleading guilty, stopping the war and trying with a more or less adequate country, decided to continue terror, both military and economic, and spend huge amounts of money on "advertising the cold winter" through their manual media and propaganda peddlers .. .. But gas is getting cheaper and cheaper... Moreover, this is the price of futures, i.e. future prices. In a word, we are watching how the resource economy of Russia, a third world country, will fall apart after a military defeat :)

We look at the "bloody snot" of Russian gas here :)
https://ru.investing.com/commodities/natural-gas-streaming-chart

The weird thing is how the electricity market in EU works: suppliers make their offers based on consumption predictions (for the next day). The cheapest are used first, but they all receive the same price as the highest offer that's needed for that day. And the most flexible (natural gas) is also the most expensive one. So coal, nuclear, wind and solar receive up to 10 or 20 times more for their energy than they used to, while their cost didn't go up.
It doesn't makes sense to pay a coal power plant for instance €800 per MWh, if they say they can provide it for €40 (numbers made up by me, but I believe this is what's happening now).

So it's market failure caused by market thinking combined with government involvement. Even after giving a permit to build a power plant, government decided to cancel it (https://www.trouw.nl/nieuws/oppositie-juicht-besluit-stilleggen-bouw-kolencentrale-toe~bf22df81/) during it's construction. It feels like we have the worst of both world: market thinking doesn't lead to better prices if government restrictions don't allow new market entrants.

The fact that they're now trying to mitigate this fundamental problem by stripping revenues is indeed laughable.

As I understand it, this is a response to an letter from the Eurometaux industry association (https://cerameunie.eu/media/le1osvkg/22-09-06-joint-letter-on-energy-prices-president-ursula-von-der-leyen.pdf) (which brings together the 40 largest industrial enterprises in the European Union) asking for help from European industry in the face of a sharp increase in energy prices.

You can repeat the word halva many times, but it will not become sweet in your mouth. Rashism, as a primitive form of Nazism, has not learned the lessons of history, and continues to sing the mantra "without our gas, you will definitely freeze this winter." At this time, the EU, having understood what a bastard regime they have been working with for many years, took constructive and high-quality measures for a systematic complete departure from such dependence. As a result, the price on the market shows what reality looks like. Gas is becoming cheaper, and this process cannot be stopped. This is what the annual gas price chart looks like. Of course, you can continue to fight in hysterics "you will freeze without us," but no one pays attention to those who scream ... Another "unparalleled victory for the Kremlin." I am sure that the phrase "shoot yourself in the foot" will soon be replaced by a more demonstrative, in the sense of the idiocy of action - "do like Russia" :)

https://i.ibb.co/Kb52DMX/2022-09-10-21-07-21-2022.png (https://imgbb.com/)

https://twitter.com/RonStoeferle/status/1556967600747413504
Ronnie Stoeferle @RonStoeferle (C)
"the low inflation world stood on three pillars:
first, cheap immigrant labor keeping service sector wages stagnant in the U.S.; second, cheap goods from China raising living standards amid stagnant wages; third, cheap Russian gas powering German industry and the EU more broadly."

The voluntary reduction of gas consumption by EU countries may help to alleviate the current gas shortage to some extent, but it is unlikely to completely solve the problem.

the reduction of gas consumption may have some negative economic impacts, particularly for industries that rely heavily on gas. It may also be difficult to sustain the reduction over the long term, as energy demands are likely to increase as time goes by.

The countries of the European Union, including Germany, have been very successful this winter without Russian energy sources. This was stated by German Chancellor Olaf Scholz in the Bundestag, saying that the EU plans for climate neutrality "will be achieved", which will be good for the country and the continent as a whole. According to Scholz, 2022 "showed us what we can achieve together if we stand in solidarity and act decisively."

He spoke about how, within a few months, Germany became independent from Russian energy carriers and built new pipelines and terminals for liquefied gas. "No one had to freeze, there was no economic recession and there was no shutdown of industrial enterprises. It worked because all those responsible rallied. From this experience we need to take to Europe the confidence that the great transition that lies ahead of us will be achieved. It will end well for us in Germany and for Europe..."

https://nangs.org/news/markets/germaniya-stala-nezavisima-ot-postavok-gaza-i-nefti-iz-rossii-zayavil-sholts
https://focus.ua/world/553273-germaniya-bolshe-ne-zavisit-ot-rossiyskih-nefti-i-gaza-sholc

So, the fear-mongering of European countries by Russia turned out to be just ordinary propaganda. Now let's see with what already military result Russia will approach the summer - autumn of this year. I think that this result will be catastrophic for Russia.

You don't quite understand what's going on
1. Thanks to the warm winter, the EU countries have significantly reduced consumption and saved both gas reserves and money.
2. But by the winter of 2022/2023, the EU countries, or rather the largest, and countries that are highly dependent on Russian gas (primarily Germany, Italy, France) - found alternative suppliers, signed LONG-TERM contracts with adequate suppliers, and by the beginning of the winter season completely filled the gas storage facilities with the required volume of gas for a standard winter!
And this means that not next year, nor in a year - this problem will not happen again. How will the receipt of money for gas to the country by a terrorist not be repeated :)

Putin's blackmail of Europe, and then a sharp reduction in gas supplies to it as punishment for supporting Ukraine in Russian military aggression against it, led to the fact that the largest sales market for Russia and its Gazprom in Europe was lost, and perhaps forever. At the same time, Putin's hopes that Europe would freeze without Russian gas have been dashed.

LNG supplies to Europe have happily replaced the US, which increased LNG sales to foreign markets by 141% last year. Europe received the vast majority of the liquefied natural gas sent by the Americans - as much as 64%. At the same time, France, the Netherlands, Great Britain and Spain took over 74% of US LNG supplies to Europe.

Now Russia is having a hard time finding new buyers, because no one needs this gas in such large volumes as it was previously supplied to European countries. Therefore, Russia has to sell it to China with big discounts of 70% or more.

https://news.obozrevatel.com/ukr/abroad/putin-zrobiv-ssha-podarunok-pro-yakij-voni-navit-ne-mriyali.htm