Saving gas was in vain! Cheap gas in Europe has RUNNED OUT ABruptly
The EU gas crisis is escalating amid record gas withdrawals from storage facilities and the conflict between Russia and Ukraine, which is affecting supplies. How will this affect gas prices in the summer and what is the role of Russia and Ukraine in this process? Europe is faced with a dilemma: how to fill gas storage facilities for the next heating season, given limited gas transportation capacity and competition with Asia for LNG. What awaits Europe and what are the risks of an energy crisis? More details in the new video Geoenergy Info
00:00 Crisis in Europe. Gas prices: a jump is inevitable?
00:40 Record gas withdrawal from EU storage facilities: what will this lead to?
01:45 EU gas reserves: how much is left?
02:37 European Commission in a "split": the dilemma of filling underground gas storage facilities
03:50 UGS filling standards: are they necessary?
04:47 Why does the EU want to abolish the 90% filling requirement for gas storage facilities?
05:40 High dynamics of gas extraction: what is Europe afraid of?
06:12 Dynamics of gas extraction: why is Europe afraid of high prices?
07:39 Gas transportation capacity restrictions: how does this affect prices?
08:30 Norway, Algeria, LNG: where does Europe get its gas?
09:00 LNG imports to Europe: records and restrictions. Where does the gas come from?
10:15 Europe is a premium market: why?
11:24 Gas price: why has Europe become a premium market?
12:10 Asia vs Europe: Where will LNG supplies go?
12:47 Where will LNG supplies go: Asia or Europe?
14:18 Abandoning Russia: What will happen if the winter is cold?
14:50 Alternatives to Russian gas: what is the European Commission hoping for?
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