Gazprom CEO warns EU: "Whole towns could freeze" this winter

[Baron]

No problem for EU!
Freezing against Putin is great!


Even though Europe's natural gas storage for this winter is nearly full, the head of Russian energy Gazprom PJSC still warned European households could freeze in the event of a cold snap, according to Bloomberg.

"Winter can be relatively warm, but one week or even five days will be abnormally cold, and it's possible that whole towns and lands, god forbid, will freeze," Gazprom CEO Alexey Miller said at Russian Energy Week in Moscow.

Miller said during peak winter demand days, Europe could experience a gap of 800 million cubic meters of NatGas per day, or about one-third of its total consumption. The figures were from a report by unidentified analysts.

Natgas to Europe is stable so far this week, albeit at reduced levels over the past year. Shipments via Ukraine are one of the last remaining Russian supply lines to western Europe after the bombing of Nord Stream pipelines. Even though NatGas shipments have dwindled and pushed many European economies to the brink of recession, inventories across the continent are nearly full at 91%.



The good news is EU storage is above a 10-year average of 71% for this time of year.



Dutch front-month gas futures, a European benchmark, has been nearly halved since late August on relief from inventories and hopes of a warmer winter.



But new data from the European Centre for Medium-Range Weather Forecasts (ECMWF) outlines that a high-pressure system over western Europe could bring colder weather, less wind, and less rainfall. Less wind would reduce the generation of renewable power.

Gazprom's CEO said EU NatGas inventories could be drained to 5% full in March...

"Sure, Europe will survive, but what will happen by the time of gas injection" into storage before winter of 2023 and 2024.
"It will be clear then that energy crisis has come not for a short period of time."

It appears Europe's energy crisis is far from over... The UK is already warning about its inability to import enough NatGas this winter, threatening to unleash power blackouts across its grid.

ZeroHedge

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero

www.zerohedge.com

 

[DGS49]

The Germans will figure something out.

But seriously, there are solutions that are simply not being contemplated. Europe has very similar sub-surface conditions to that of the Northeastern part of the U.S. They could be using hydraulic fracturing to produce their own natural gas...maybe not this Winter, but certainly in time for the Autumn of 2023. They have CHOSEN not to do so.

They could re-start nuclear power plants that they voluntarily shut down. They could restart coal-fired plants. But they have CHOSEN not to do so.

As the wise Dr. Jordan Peterson has observed, the Elite have prescribed a "solution" to a speculative problem that lies 50-100 years out, entailing IMMEDIATE pain and suffering for the working class. But the ELITE don't give a flying fuck. Do you think they are going to be cold this Winter? Nope. Do you think they are going to forego travel? Nope. Are their refrigerators and pantries going to be empty due to inflation? Nope.

 

[Baron]

The Germans will figure something out.

But seriously, there are solutions that are simply not being contemplated. Europe has very similar sub-surface conditions to that of the Northeastern part of the U.S. They could be using hydraulic fracturing to produce their own natural gas...maybe not this Winter, but certainly in time for the Autumn of 2023. They have CHOSEN not to do so.

They could re-start nuclear power plants that they voluntarily shut down. They could restart coal-fired plants. But they have CHOSEN not to do so.

As the wise Dr. Jordan Peterson has observed, the Elite have prescribed a "solution" to a speculative problem that lies 50-100 years out, entailing IMMEDIATE pain and suffering for the working class. But the ELITE don't give a flying fuck. Do you think they are going to be cold this Winter? Nope. Do you think they are going to forego travel? Nope. Are their refrigerators and pantries going to be empty due to inflation? Nope.

Germany can do nothing

Reason:

There are neither skilled engineers nor workers who can do the job properly
Additionally a mountain of idiotic bureaucracy and weaponized greens who stir up citizen's protests ( not in my backyard )

The erection of Berlin Airport shows clearly Germany how manufacturing and construction in Germany practically work

 

[Polishprince]

Is there enough time before winter to knit the Eurotrash wool socks and coats to keep them warm?

 

[Baron]

Is there enough time before winter to knit the Eurotrash wool socks and coats to keep them warm?

I guess the entirely western world can't survive the next winter
Russia of course too

 

[Ringo]

 

[Litwin]

No problem for EU!
Freezing against Putin is great!


Even though Europe's natural gas storage for this winter is nearly full, the head of Russian energy Gazprom PJSC still warned European households could freeze in the event of a cold snap, according to Bloomberg.


Miller said during peak winter demand days, Europe could experience a gap of 800 million cubic meters of NatGas per day, or about one-third of its total consumption. The figures were from a report by unidentified analysts.

Natgas to Europe is stable so far this week, albeit at reduced levels over the past year. Shipments via Ukraine are one of the last remaining Russian supply lines to western Europe after the bombing of Nord Stream pipelines. Even though NatGas shipments have dwindled and pushed many European economies to the brink of recession, inventories across the continent are nearly full at 91%.



The good news is EU storage is above a 10-year average of 71% for this time of year.



Dutch front-month gas futures, a European benchmark, has been nearly halved since late August on relief from inventories and hopes of a warmer winter.



But new data from the European Centre for Medium-Range Weather Forecasts (ECMWF) outlines that a high-pressure system over western Europe could bring colder weather, less wind, and less rainfall. Less wind would reduce the generation of renewable power.

Gazprom's CEO said EU NatGas inventories could be drained to 5% full in March...


It appears Europe's energy crisis is far from over... The UK is already warning about its inability to import enough NatGas this winter, threatening to unleash power blackouts across its grid.

ZeroHedge

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero

www.zerohedge.com

 

[Deplorable Yankee]

Hi fodder ....steal any sweet us taxpayer aid from your own people today ?