Europe will freeze at the beginning of winter, even with overflowing UGSFs


European gas prices have fallen in recent weeks, in large part due to a surge in inventories and strong supply from traders, bolstering the continent's position as winter approaches. UGS facilities in the EU are now almost 94% full on average, the highest figure in many years. This is evidenced by data from Gas Infrastructure Europe. However, according to Bloomberg, it is too early to rejoice, because the full gas reserves can go to the one who offers the highest price, or to no one.


There is one catch: almost all of these reserves are controlled by non-state legal entities and rather greedy traders, whose efforts to acquire them have made UGS gas “golden”. The fuel does not belong to the local government, but is a commodity, meaning cubic meters can be sold to the highest bidder when the weather gets colder.

This could benefit the UK, which has virtually no gas storage of its own. It depends on imports of liquefied natural gas and, especially during the cold months, on pipeline supplies from the continent. If UK fuel prices are high enough, the country could benefit from other countries' reserves. In general, the gas "well-being" of the EU turned out to be a paper achievement.

The agency's analysts unequivocally write that many market distortions should be expected this winter, especially if liquefied natural gas supplies are limited. Overflowing gas storages will become the subject of the most cynical bargaining and a way to make money.

Most likely, the governments of the EU countries will fall for the trick and may try to declare a state of emergency in order to avoid the risks of cutting off supplies due to the unwillingness of gas owners to supply gas to underground storage facilities “cheaply”. In such a case, the German regulator, as well as other national operators, will say that they will have the right to decide the fate of raw materials in storage and raise the question of whether the fuel will be left to the owners or withdrawn. There is no other way out yet. Otherwise, even with overfilled tanks, Europe will still freeze, and at the beginning of winter, because no one will be able to buy gas because of the high “private” price for raw materials.
  • Photos used: pixabay.com
16 comments
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  1. Hayer31 Offline Hayer31
    Hayer31 (Kashchei) 21 October 2022 09: 39
    +6
    Here and vaapshe in all the media they write that Europe will freeze, well, damn it, but this will not ensure victory for us. They will demonstrate everything there, the people do not decide anything here and there.
  2. prior Offline prior
    prior (Vlad) 21 October 2022 09: 54
    +10
    I have already eaten my entire year's supply of popcorn while waiting, and Europe still won't freeze.
    Everything is just a promise.
    I think it will be the same as with rotting capitalism, it rots and rots and does not rot.
    1. Monster_Fat Offline Monster_Fat
      Monster_Fat (What's the difference) 21 October 2022 10: 01
      +4
      At least decide on the "reason" for the "freezing" of Europe. Then they hoped that there would not be enough gas, now there is “hope” for the greed of traders. lol
    2. GIS Offline GIS
      GIS (Ildus) 21 October 2022 12: 03
      -3
      you started early with popcorn - winter has not yet come. they are warmer. when December comes, let's start watching a movie)))
    3. Vladimir Orlov Offline Vladimir Orlov
      Vladimir Orlov (Vladimir) 21 October 2022 17: 38
      0
      Yes. And before that, someone else promised to meet the RF Armed Forces with flowers on Khreschatyk in February.
      It seems that there are too many double (or even triple) agents among politicians and journalists, as well as wishful thinking (very desirable).
      Only one thing can be promised with certainty - the current wave is not the last one. The next - as soon as they can more or less resolve issues with uniforms and equipment.
  3. Sergey Latyshev Offline Sergey Latyshev
    Sergey Latyshev (Serge) 21 October 2022 10: 16
    0
    Logic is everything.

    European gas prices have fallen in recent weeks

    - so Europe will freeze ....
    For the 3rd year in a row due to global warming...

    Because of that logic, there are only wins around ....
  4. Benjamin Offline Benjamin
    Benjamin (Benjamin) 21 October 2022 10: 16
    +3
    While the fat one dies, this is Europe, the thin one is the Russian Federation of oak with such an economy
  5. Teacher Offline Teacher
    Teacher (Wise) 21 October 2022 10: 33
    +4
    Will not freeze. We have heard this about Ukraine already, and for more than a year.
    They are ready to endure some hardships, but destroy Russia. Destroy! All Russians! And Putin trades, supplies, provides resources to those who hate the Russian people with all their might. They have already been turned up so much that they are ready to kill Russians simply for the fact that they are Russians.
    He continues to trade and stack money in their own banks. Is there a people somewhere in the world with such rulers?
    1. Vladimir Orlov Offline Vladimir Orlov
      Vladimir Orlov (Vladimir) 21 October 2022 17: 44
      0
      We will cut off the supply of uranium by next year and then the state economy will already be in a skiff. Still forced. But not right now.
  6. Alexey Davydov Offline Alexey Davydov
    Alexey Davydov (Alexey) 21 October 2022 11: 05
    -1
    The Anglo-Saxons are preparing Europe for war with Russia, and Russia for war with Europe. They will use everything, even the despair of the population of Europe, the forced introduction of a state of emergency there and dependence on American LNG. For the sake of this war, they needed Ukraine. For the sake of this war, they allowed Russia to survive after the dashing 90s.
    The timing of the start of the war probably depends on the balance of forces between Russia and NATO. It, proceeding from their interests, should be such that, having weakened Europe, Russia would be completely destroyed by it and Ukraine, and the Americans would not have to finish it off themselves. Europe, weakened by Russia, without resistance, will become the conony of the Shats, who have lost their own industry, and Russia, having given its resources to the Anglo-Saxons, will disappear along with its population, unnecessary to anyone. This is probably their plan. Our government, and therefore nuclear weapons, apparently, has been under their control since 1991 - they have nothing to fear.
    We can break out only by restoring our control over our own country and forcing the Anglo-Saxons to retreat in all positions by the threat of mutual destruction
    1. Vladimir80 Offline Vladimir80
      Vladimir80 21 October 2022 11: 21
      -2
      what is the despair of Europe, what are you talking about? did you watch the first tv channel? everything is normal in Europe, the weather is warm, autumn is coming, and winter in central Europe lasts 2 months (December and January), with an average temperature of about 0 degrees ... of course, it will be 1 week cold and snowy, but that’s why they have UGS 97% completed!
    2. Vovochka from the rotten kingdom (Vasya) 21 October 2022 16: 48
      -1
      The people of Russia do not care at all! Until he dies completely like the Indians, he doesn’t come to his senses what to do with the mafia, thieves and bandits
      1. Foe Pshekov Offline Foe Pshekov
        Foe Pshekov (Arkady) 22 October 2022 00: 37
        0
        The Russians know one thing to mow dill is necessary so that there is no more dill. Generally and forever.
  7. Teacher Offline Teacher
    Teacher (Wise) 21 October 2022 11: 25
    +3
    We can break out only by restoring our control over our own country and forcing the Anglo-Saxons to retreat in all positions by the threat of mutual destruction

    I agree, but what does "threat of mutual destruction" mean? They don't know about our Strategic Missile Forces warheads, etc. They know. But they also know about the "decisiveness and incorruptibility" of the Russian elites. That's where the dog rummaged! And Putin knows these names. There actually it is difficult to be mistaken - every second, if not the first. We must begin with the cleansing of power. Tough, with landings and confiscation. Then, all the same, it is necessary to practically do something to intimidate. For example, to warn a day in advance and strike with "Daggers" at a military base in Britain. Exactly there! Otherwise, don't be afraid.
  8. Foe Pshekov Offline Foe Pshekov
    Foe Pshekov (Arkady) 22 October 2022 00: 48
    +1
    In general, it will be fun to look at Europe in winter. They went to demonstrations there in early October, so far only with slogans and posters, I think at the end of January Molotov cocktails will be used. For the people there are accustomed to live beautifully. But the reality may be quite different. No matter how they fought in the EU for resources before the new year. I'm afraid that our leadership will still be persuaded to launch SP-2 for the sake of saving Europeans from "cold death". But in fact, for complicity (assistance with weapons and training) in the murder of Russians, instead of gas, they need to send a hundred calibers and a thousand geraniums as a "gift" for Christmas.
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  10. polynet Offline polynet
    polynet (polinet) 23 October 2022 01: 42
    0
    Quote: prior
    I have already eaten my entire year's supply of popcorn while waiting, and Europe still won't freeze.
    Everything is just a promise.
    I think it will be the same as with rotting capitalism, it rots and rots and does not rot.

    Now it is much more interesting, then there was an economic crisis, and now the crisis of capitalism has begun. They will screw everything up much faster, because the industry will not work.