EU faces unexpected new face of gas crisis

The overflowing gas storage facilities of Europe played a cruel joke on her. In addition to the fact that European officials believed too much in independence from fuel supplies from Russia and went too far with Russophobia, there is also a general technical component intervened in the gas crisis, giving it an unexpected new look and scale, putting the general state of affairs on the brink of disaster.

There is a catastrophic situation with the delivery of American fuel to Europe. Dozens of LNG tankers have accumulated off the coast of Portugal and Spain and cannot unload - the terminals and their regasification tanks are overflowing, as European GTS operators do not take raw materials from them, since EU UGSFs are filled to a record 93%. Further filling is fraught with difficulties, since the European infrastructure simply could not "digest" the endless flow of LNG that gushed.

In other words, now that Brussels is doing well with its reserves, it does not need gas, however, the Old World cannot accept cargo for technical reasons. But when gas is needed urgently and in large volumes in the spring, there will be no such influx of LNG, since the current situation quickly “hot up” the market for raw materials and freight of gas tankers, which are in short supply, causing transportation prices to rise. None of the carriers and suppliers will "wait" for Europe when it "can". Alternative markets will be found (eg gas-deficit India) and freight charterers.

Simply put, the gas crisis in the EU has sparkled with new colors. The situation is aggravated by the complete imbalance of the system and worsening forecasts for the winter and early spring. Most likely, tankers with cargo will “run away” to Asia, leaving the Europeans alone with the not at all encouraging fact of the “record” of filling UGS facilities, which caused only difficulties (in logistics and business).
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  1. Sergey Latyshev Offline Sergey Latyshev
    Sergey Latyshev (Serge) 20 October 2022 10: 58
    Horror, horror ...
    Too little gas is bad. A lot of gas is also bad. How do they live then?
    How do they trade? Are tankers sailing at random? can't even call Europe? not to mention the contract in advance to conclude and check on an Internet?
    Wild people without internet....
  2. prior Offline prior
    prior (Vlad) 20 October 2022 11: 17
    For a long time, their gas carriers did not explode .....
    But one Shahid from some Somali trough is enough.
    This would add color to the European gas festival.
    Why is it possible to blow up Nord Streams with impunity, but gas carriers cannot?!
    1. Peace Peace. Offline Peace Peace.
      Peace Peace. (Tumar Tumar) 21 October 2022 03: 12
      Hmm, than to negotiate with some kind of Scholz, it’s better to skant with a proud Somali filibuster and give him karamultuks capable of getting gas carriers.
  3. yo yo Offline yo yo
    yo yo (Vasya Vasin) 20 October 2022 12: 11
    This is called, Europe from greed zazhralas gas.
  4. lord-palladore-11045 (Konstantin Puchkov) 20 October 2022 12: 12
    I don't want to gloat, but the Europeans have really forgotten how to think. Rely on the brains of the hegemon in the person of Biden? Not smart.
  5. Jacques sekavar Offline Jacques sekavar
    Jacques sekavar (Jacques Sekavar) 20 October 2022 13: 34
    Judging by the filling of the vaults, the EU will pass without feeling a shortage of energy resources, and the commotion is caused by stock speculation.
    If so, then the EU, as it was announced, will completely refuse the supply of Russian gas and oil by the end of the year.
    The European pipeline network is quite dense, and short distances will allow it to be quickly compacted if necessary, which will make it possible to maneuver reserves.
    The transition of the EU to centralized procurement will provide an opportunity to choose suppliers, which, in connection with the development of new fields and the construction of pipelines, will increase in a year or two and will be forced to fight for the largest market in the world.
    In such a situation, the Russian Federation urgently needs to connect the western and eastern pipeline networks, build a southern one to India and Pakistan, and prepare for a crisis.
    1. Vladimir Tuzakov (Vladimir Tuzakov) 20 October 2022 14: 56
      Well, yes, there are heaps of gas in Europe, only the price for the industry is unaffordable, because the products will become uncompetitive. Superficial judgments without competent analysis, Europe will freeze, will not freeze .. They will live in coolness, they will not die, so the gas consuming industry will die ...
    2. Peace Peace. Offline Peace Peace.
      Peace Peace. (Tumar Tumar) 21 October 2022 03: 16
      There was no talk of a completely frozen people, but only concerns about industrial production. If Asia gets cheap energy resources, it can swallow the European economy without even noticing.
      1. Monster_Fat Offline Monster_Fat
        Monster_Fat (What's the difference) 23 October 2022 14: 18
        Another crazy "analytics" on a favorite topic: how bad the EU is "without" gas and "with" gas ... how they will "die" from this, "fall apart" and so on ...
        1. Peace Peace. Offline Peace Peace.
          Peace Peace. (Tumar Tumar) 26 October 2022 02: 42
          The industry is slowing down, which is a worrying sign, and it was completely dependent on cheap, free Russian gas. We'll see next. There is no smell of analytics here.