Discover and read the best of Twitter Threads about #GasCrisis
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The #InDivEU panel at #PPCParis is starting now! As @tepsaeu and @SciencesPo_CEE are enjoying their parallel sessions, we here at DiCE thought we would highlight some key points from our speakers!
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Our first speaker is @IvoBelet, Member of Cabinet of Vice-President @dubravkasuica, Member of the @EU_Commission in charge of Democracy and Demography, who thanks @tepsaeu & @SciencesPo_CEE for the invite on behalf of Mrs. Šuica
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.@IvoBelet describes the importance of European Citizens Panels as part of the Conference on the Future of Europe #CoFoE 👉 this panel of #PPCParis is ALL ABOUT the #FutureofEurope!
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BREAKING #gascrisis
@BBCNewsnight has seen a letter from gas shipper CNG - which is exiting the wholesale market - to struggling domestic energy supplier firms saying that have only until 30 November to find a new shipper...
@BBCNewsnight has seen a letter from gas shipper CNG - which is exiting the wholesale market - to struggling domestic energy supplier firms saying that have only until 30 November to find a new shipper...
...The letter also confirms these domestic supplier firms will NOT be able to transfer any hedges they have with CNG against soaring wholesale gas prices to a new shipper...
...“I am sorry to advise you that hedges are deemed to be an asset of CNG’s wholesale shipping business and must therefore be ring fenced for the benefit of creditors generally. The cannot be novated nor the value of these hedges transferred.”...
[THREAD]: The #EnergyCrisis and #gasprice 📈is a consequence of deliberate choices by a dominant gas supplier to Europe not to use the existing gas transmission infrastructure
Russia talks of increased gas "supplies" to Europe but not “exports”
The difference seems subtle🤔 the consequences are not 🚨
To boost “supplies,” Gazprom is emptying its EU storage facilities (stoking fears ➠ pushing up prices 📈) and hides behind "delivering on obligations"
The difference seems subtle🤔 the consequences are not 🚨
To boost “supplies,” Gazprom is emptying its EU storage facilities (stoking fears ➠ pushing up prices 📈) and hides behind "delivering on obligations"
Gazprom increased production by 18% this year, which allowed Russia to triple its exports to China and Turkey, but not Europe 🤔
#gascrisis #energycrunch
#gascrisis #energycrunch
The 5-year contract which was signed in 2019 foresees the transit volumes of 40 bcm in 2021, which amounts to 109 mcm/day.
It is deeply alarming 🚨 and quite informative to note that Gazprom is now paying for capacity and not using it!
It is deeply alarming 🚨 and quite informative to note that Gazprom is now paying for capacity and not using it!
Since the beginning of the month, Gazprom is shipping 86 mcm/day which is ~25% less than what it's paying for. There is a great disconnect between the words and the actions when it comes to the role of the Russian Federation in the European gas crunch.
#EnergyCrisis #GasPrice
#EnergyCrisis #GasPrice
Ukraine stands ready to transport as much gas as Europe needs and our spare capacity, available at this very time, is nearly twice that of #NordStream2
#energyprices #energycrunch
#energyprices #energycrunch
🤔 it is possible for Russia to "increase supplies" of #natgas to Europe and create market fear 😱 that contributed to the quadrupling of prices since June?
💡 A few hints below 👇👇👇
💡 A few hints below 👇👇👇
Hint 1: gas "supplies" is a loaded word. Many automatically equate "increased supplies" with more gas exports from 🇷🇺 to 🇪🇺.
That's not the case. Gazprom is emptying its EU storage (stoking fears ➠ pushing up prices 📈) and hides behind "delivering on obligations"
That's not the case. Gazprom is emptying its EU storage (stoking fears ➠ pushing up prices 📈) and hides behind "delivering on obligations"
Hint 2: the post-pandemic gas demand in Europe is on par with 2019, so that's the reference year to look at for meaningful analysis.
Any comparison to 2020, used by those who prefer not to notice Gazprom’s role in the #gascrisis, is unhelpful and misleading. #energycrisis
Any comparison to 2020, used by those who prefer not to notice Gazprom’s role in the #gascrisis, is unhelpful and misleading. #energycrisis
#BREAKING Putin says 'very important' to 'stabilise' gas market
#BREAKING Putin says Russia 'ready' to increase gas exports if asked
#UPDATE Russian President Vladimir #Putin on Wednesday called for stabilisation in the natural #gas market as Europe faces a crisis, blaming "systemic flaws" in the European energy market and brushing off criticism u.afp.com/Uvvf #GasCrisis
