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essentially, during that long term contract, the gas, the gas is price to the same. so it's the same price for gas for a cubic meter, for the whole duration of the contract. at a certain point, europe decided it was a good idea to kind of move away to stop relying so heavily on these long term contracts. and rather by natural gas on the spot, the sport meaning just the market. they're the price of gas fluctuates depending on supply and demand. and that was europe's whole plant to get as much gas as possible during the summertime, when the demand is not that high. when factories and households do not need gas to heat themselves up. and that was where it's where that plan essentially fell short due to a company tional factors like for example, the united states abandoning effectively the european market duty long and cold winter cold spring. europe. it did not have time to cumulate and to purchase enough natural gas to fill its underground storage facilities. because that's another aspects of purchasing gas. you can just store it in barrels, like for example, oil you,
essentially, during that long term contract, the gas, the gas is price to the same. so it's the same price for gas for a cubic meter, for the whole duration of the contract. at a certain point, europe decided it was a good idea to kind of move away to stop relying so heavily on these long term contracts. and rather by natural gas on the spot, the sport meaning just the market. they're the price of gas fluctuates depending on supply and demand. and that was europe's whole plant to get as much...
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what is the reason for the decrease in gas deliveries via the amal europe pipeline with gas now going in the reverse direction? is there a link between a suspension of supplies, the germany, and the north stream to pipeline? no, there is no link, it's a purely commercial issue and it's up to gas prompt to explain the reasons well, when you look at the prices, it's clear to see why this is such a big issue. if you cast back to at the same day, back in 2020, here in germany on the european gas market, you go buy a kilowatt hour a megawatt hour. i beg your pardon of gas for just on the $95.00 euro to do the same thing on tuesday this year. well, that's going to cost you just under $432.00 euro $4.00 to $4.00 and a half time increases across europe. when it comes to gas prices, as i said, huge demand for russian gas in europe at the moment, it had been hoped that the, the nord stream to gas pipeline would be able to, to slake some of that thirst for gas. the plan was that that would be able to provide as much as 55000000000 cubic meters of gas every single year, directly into germany, and
what is the reason for the decrease in gas deliveries via the amal europe pipeline with gas now going in the reverse direction? is there a link between a suspension of supplies, the germany, and the north stream to pipeline? no, there is no link, it's a purely commercial issue and it's up to gas prompt to explain the reasons well, when you look at the prices, it's clear to see why this is such a big issue. if you cast back to at the same day, back in 2020, here in germany on the european gas...
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more gas in. it absolutely has to the moment the question is, of course, whether gas form isn't sending the gas because it can't or because it doesn't want to that we're not entirely sure sure of. we don't really know where the gas form is sending all the gas. it can with it is actually withholding that, and that is sort of the mystery here in europe programs, of course, the gas market is tight. we do need more gas and energy is coming from a markets around the world by shipping to europe, but it would be good if it came from us from russia or so. europe says the pollutants playing politics here put and says the same thing that the you is playing politics with north stream to. is he not correct there? well, i mean, no, seem to, and it's, but it says the notes from 110 years ago. they are highly political projects. you are linking to major consumer producer blocks together with the physical pipeline infrastructure. it is political by nature and this politics when it goes well, it's good, it's a big
more gas in. it absolutely has to the moment the question is, of course, whether gas form isn't sending the gas because it can't or because it doesn't want to that we're not entirely sure sure of. we don't really know where the gas form is sending all the gas. it can with it is actually withholding that, and that is sort of the mystery here in europe programs, of course, the gas market is tight. we do need more gas and energy is coming from a markets around the world by shipping to europe, but...
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more gas. and it absolutely has to the moment the question is, of course, whether it gas isn't sending the gas because it can't or because it doesn't want to that we're not entirely sure sure of. we don't really know where the gas form is sending all the gas. it can where it is actually withholding. and then that is sort of the mystery here in europe. problems, of course, the gas market is tight. we do need more gas. and n g is coming from a markets around the world by shipping to europe. but it would be good if it came to us from russia. i. so europe says the pollutants playing politics. it says the same thing that the you is playing politics with north street to. is he not correct there? well, i mean no 3 to and it's better says the not true 110 years ago, they are highly political projects. you are linking to major consumer producer blocks together with a physical pipeline infrastructure. it is political by nature and this politics when it goes well, it's good, it's you, you are making a big
more gas. and it absolutely has to the moment the question is, of course, whether it gas isn't sending the gas because it can't or because it doesn't want to that we're not entirely sure sure of. we don't really know where the gas form is sending all the gas. it can where it is actually withholding. and then that is sort of the mystery here in europe. problems, of course, the gas market is tight. we do need more gas. and n g is coming from a markets around the world by shipping to europe. but...
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more gas in. it absolutely has to the moment the question is, of course, whether the gas form isn't sending the gas because it can't or because it doesn't want to that we're not entirely sure sure of. we don't really know where the gas form is sending all the gas. it can where it is actually withholding. and then that is sort of the mystery here in europe. problems, of course, the gas market is type, we do need more gas, and n g is coming from a markets around the world by ship into europe. but it would be good if it came to pass from russia or so europe says the 2 is playing politics here, put and says the same thing that the use playing politics with nor string to is he not correct there? well, i mean, no, seem to, and it's, but it says the notes from 110 years ago, they are highly political projects. you are linking to major consumer producer blocks together with a physical pipeline infrastructure. it is political by nature and this politics when it goes well, it's good, it's a big producer to
more gas in. it absolutely has to the moment the question is, of course, whether the gas form isn't sending the gas because it can't or because it doesn't want to that we're not entirely sure sure of. we don't really know where the gas form is sending all the gas. it can where it is actually withholding. and then that is sort of the mystery here in europe. problems, of course, the gas market is type, we do need more gas, and n g is coming from a markets around the world by ship into europe. but...
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supplier, the country will even have to import gas itself from places like the gas storage facility in raiden in lower saxony. here gas is stored under ground, mainly from russia. but because gas storage facilities are only half full gas market, experts are worried a bit of a sudden the gas levels are already very low. they have not been this low at this time of year in the last 10 years. and because it has been cold in the last few days and cold weather is forecasted for january, the storage facilities are emptying relatively quickly. this is a situation that is already worrying market participants. you can see that in the high prices, as critics say gas prom which has close ties to the kremlin, is keeping delivery volumes low in order to put pressure on the u. that spat stems from the e u position on the ukraine conflict and the slow approval pace of the controversial nord stream to baltic sea pipeline. the situation is worsening for over a week. gas prom has not sent natural gas via the critical your mall pipeline to this pumping station in brandenburg prices. the prices are so h
supplier, the country will even have to import gas itself from places like the gas storage facility in raiden in lower saxony. here gas is stored under ground, mainly from russia. but because gas storage facilities are only half full gas market, experts are worried a bit of a sudden the gas levels are already very low. they have not been this low at this time of year in the last 10 years. and because it has been cold in the last few days and cold weather is forecasted for january, the storage...
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i sensually said that gas pro brushes energy joint that is responsible for all the gas transit into the region. that in fact, it is fulfilling more than a 100 percent of its contractual obligations. it is sending up to 10 to 20 percent more gas in europe simply simply on, out of a goodwill. it's not because it wasn't something that europe had requested previously this volume. so and again, russia is kind a, it is, it is, well, it can't ship as much gas as your wants because the you, because ukraine is major gas transit state for russia here. and it's a pipeline system is very much outdated. so if russia try to squeeze more of this blue flu will fuel, excuse me, if i try to squeeze more gas through this through ukrainian pipes, they could simply best. and it could lead to a disaster, humanitarian and a well logical one. and while europe will find itself an even bigger mess if that happens. now of course, there's also no stream to a pipeline running from, from russia all the way into germany. a modern, a technologically will superior, very much superior to the other existing one pipeline.
i sensually said that gas pro brushes energy joint that is responsible for all the gas transit into the region. that in fact, it is fulfilling more than a 100 percent of its contractual obligations. it is sending up to 10 to 20 percent more gas in europe simply simply on, out of a goodwill. it's not because it wasn't something that europe had requested previously this volume. so and again, russia is kind a, it is, it is, well, it can't ship as much gas as your wants because the you, because...
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more gas in. it absolutely has to the moment. the question is, of course, whether the gas form isn't sending the gas because it can't or because it doesn't want to that we're not entirely sure sure of. we don't really know where the gas form is sending all the gas. it can with it is actually withholding that, and that is sort of the mystery here in europe programs, of course, the gas market is tight. we do need more gas and energy is coming from a markets around the world by shipping to europe, but it would be good if it came from us from russia. right, so europe says the pollutants playing politics here, put and says the same thing that the you is playing politics with north stream to. is he not correct there? well, i mean, no, seem to, and it's, but it says the notes from 110 years ago, they are highly political projects. you are linking to major consumer producer blocks together with the physical pipeline infrastructure. it is political by nature and this politics when it goes well, it's good,
more gas in. it absolutely has to the moment. the question is, of course, whether the gas form isn't sending the gas because it can't or because it doesn't want to that we're not entirely sure sure of. we don't really know where the gas form is sending all the gas. it can with it is actually withholding that, and that is sort of the mystery here in europe programs, of course, the gas market is tight. we do need more gas and energy is coming from a markets around the world by shipping to europe,...
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more gas in. it absolutely has to the moment. the question is, of course, whether it gas isn't sending the gas because it can't or because it doesn't want to that we're not entirely sure sure of. we don't really know where the gas form is sending all the gas. it can or where that is actually withholding. and that is sort of the mystery here in europe. problems, of course, the gas market is tight. we do need more gas and energy is coming from markets around the world by shipping to europe, but it would be good if it came to us from russia or so. europe says the 2 is playing politics here and says the same thing that the you is playing politics with north street to. is he not correct there? well, i mean, no seem to, and it's, but it says the notes from 110 years ago. they are highly political projects. you are linking to major consumer producer blocks together with the physical pipeline infrastructure. it is political by nature and this politics when it goes well, it's good, it's a big producer, con
more gas in. it absolutely has to the moment. the question is, of course, whether it gas isn't sending the gas because it can't or because it doesn't want to that we're not entirely sure sure of. we don't really know where the gas form is sending all the gas. it can or where that is actually withholding. and that is sort of the mystery here in europe. problems, of course, the gas market is tight. we do need more gas and energy is coming from markets around the world by shipping to europe, but...
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stream to gas pipeline would be able to, to slake some of that thirst for gas. the plan was that that would be able to provide as much as 55000000000 cubic meters of gas every single year, directly into germany, and then on towards the rest of europe. however, it's found itself snarled opener and bureaucratic process when it comes to certification. here in germany right now, we're hearing it may well not be approved until the 2nd half of 2022. this is after we had thought it would be up and running by. well, now that was after the united states lifted sanctions against the north stream to company earlier in 2021 that had previously called the let caused delays on that project. private u. s. military contractors may be preparing a provocation involving chemical components in eastern ukraine. that's the warning from russia's defense chief at his ministry's annual meeting president put in also spoke there, outlining worries about nato's eastern expansion and saying that the block will be responsible for any escalation just to just preschool. the contention in europ
stream to gas pipeline would be able to, to slake some of that thirst for gas. the plan was that that would be able to provide as much as 55000000000 cubic meters of gas every single year, directly into germany, and then on towards the rest of europe. however, it's found itself snarled opener and bureaucratic process when it comes to certification. here in germany right now, we're hearing it may well not be approved until the 2nd half of 2022. this is after we had thought it would be up and...
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the ability of, of a company to supply additional gas to europe and compete with gas prom. this is one of the key causes the crisis on the record rise and prices in europe. gas prom supplies gas, according to consumers, requests and full compliance with a current contractual obligations. well this but a 6 fold leap, european gas prices since the summer, as the constant proposed for the worst of the winter cold. there also fears that countries reserves are insufficient with a shut down a 3 french nuclear plants in recent days. adding to the worries gas premiums also rose after rub. germany suspended, the approval process for rushes nord stream to pipeline to europe. of course, some european politicians are trying to block the project altogether over russia, supposedly preparing to attack ukraine, the kremlin, as we keep saying here, denies those claims, no from says parent can hopefully shine some light on what's happening here. he's an energy specialist at the french institute for international strategic affairs. i there, thanks for your time. first off, what of ukraine's a
the ability of, of a company to supply additional gas to europe and compete with gas prom. this is one of the key causes the crisis on the record rise and prices in europe. gas prom supplies gas, according to consumers, requests and full compliance with a current contractual obligations. well this but a 6 fold leap, european gas prices since the summer, as the constant proposed for the worst of the winter cold. there also fears that countries reserves are insufficient with a shut down a 3...
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stream to gas pipeline would be able to, to slake some of that thirst for gas. the plan was that that would be able to provide as much as 55000000000 cubic meters of gas every single year, directly into germany, and then on towards the rest of europe. however, it's found itself snarled opener and bureaucratic process when it comes to certification. here in germany right now, we're hearing it may well not be approved until the 2nd half of 2022. this is after we had thought it would be up and running by. well, now that was after the united states lifted sanctions against the north stream to company earlier in 2021 that had previously called the let caused delays on that project. okay, we're going to wrap up this bulletin for now in just have a 10 minutes or a special live event for u r. t correspondence, grilling the russian foreign minister. it's due to start in the next 50 minutes or so we're going to bring it to you live for now though, for moscow, this is art international. thanks for watching. ah, ah, is your media a reflection of reality? in the world transf
stream to gas pipeline would be able to, to slake some of that thirst for gas. the plan was that that would be able to provide as much as 55000000000 cubic meters of gas every single year, directly into germany, and then on towards the rest of europe. however, it's found itself snarled opener and bureaucratic process when it comes to certification. here in germany right now, we're hearing it may well not be approved until the 2nd half of 2022. this is after we had thought it would be up and...
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for gas. the plan was that that would be able to provide as much as 55000000000 cubic meters of gas every single year, directly into germany, and then on towards the rest of europe. however, it's found itself snarled oftener and bureaucratic process when it comes to certification. here in germany right now, we're hearing it may well not be approved until the 2nd half of 2022. this is after we had thought it would be up and running by. well, now that was after the united states lifted sanctions against the north stream to company earlier in 2021 that had previously called the let cause delays on that project. now while europe's gas prices max out spain's transition to green energy is looking shaky. wine produces in the south the furious over the construction of a wind turbine park and do say may literally cast a shadow on their industry. ah . ready in the main fatal, obviously there can be no vineyard where these turbines are built, so some vineyards will disappear. one of the biggest problem i
for gas. the plan was that that would be able to provide as much as 55000000000 cubic meters of gas every single year, directly into germany, and then on towards the rest of europe. however, it's found itself snarled oftener and bureaucratic process when it comes to certification. here in germany right now, we're hearing it may well not be approved until the 2nd half of 2022. this is after we had thought it would be up and running by. well, now that was after the united states lifted sanctions...
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to the supply of, of natural gas. all the contracts have been respected at the schedule was respected. the volumes arrived always on time. and as far as i understand, no one in europe complains about about why elating contract buy gas from. so what we can say is that gas from the russian federation respects the contracts which were assigned between european countries, european companies, and russia and gas from. so i understand that the complains might be bow no further or no additional volumes, but this is a commercial issue. this is a trade issue and, and i think it depends on, on the capability and the capacity of the, of the countries or the companies to agree on. i do believe that there have been many mistakes committed on behalf of the european side as well. i considered the, the negative discrimination against, against the nuclear as a huge mistake. we essential europe or argue in favor of level playing fields. when it comes to the nuclear energy, we consider nuclear as a safe as a clean, as a sustainable as a
to the supply of, of natural gas. all the contracts have been respected at the schedule was respected. the volumes arrived always on time. and as far as i understand, no one in europe complains about about why elating contract buy gas from. so what we can say is that gas from the russian federation respects the contracts which were assigned between european countries, european companies, and russia and gas from. so i understand that the complains might be bow no further or no additional...
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but because gas storage facilities are only half full gas market, experts are worried. a bit of a sudden the gas levels are already very low. they have not been this low at this time of year in the last 10 years. and because it has been cold in the last few days and cold weather is forecasted for january, the storage facilities are emptying relatively quickly. this is a situation that is already worrying market participants. you can see that in the high prices, as critics say, gas prom which has close ties to the kremlin, is keeping delivery volumes low in order to put pressure on the you. that spat stems from the e u position on the ukraine conflict and the slow approval pace of the controversial nord stream to baltic sea pipeline. the situation is worsening for over a week. gas prom has not sent natural gas via the critical your mall pipeline to this pumping station in brandenburg. the prices the prices are so high now that we are actually worried about the security of gas supplies. so if you strategic restraint, no longer makes sense here, and we are actually destroy
but because gas storage facilities are only half full gas market, experts are worried. a bit of a sudden the gas levels are already very low. they have not been this low at this time of year in the last 10 years. and because it has been cold in the last few days and cold weather is forecasted for january, the storage facilities are emptying relatively quickly. this is a situation that is already worrying market participants. you can see that in the high prices, as critics say, gas prom which...
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we don't really know where the gas from is sending all the gas. it can with it is actually withholding that, and that is sort of the mystery here in europe programs, of course, the gas market is tight. we do need more gas and energy is coming from a markets around the world by shipping to europe, but it would be good if it came from pass from russia or so. europe says the pollutants playing politics here, put this as the same thing that the e u is playing politics with north stream to. is he not correct there? well, i mean, no 3 to and it's better says the not true 110 years ago. they are highly political projects. you are linking to major consumer producer blocks together with a physical pipeline infrastructure. it is political by nature and this politics when it goes well, it's good, it's you, you are making a big producer of the consumer and it improves politics. but of course, when politics get sour, as they are now between russia and europe in the west, or general over ukraine, for instance, which of course, is the gas times it routed traditi
we don't really know where the gas from is sending all the gas. it can with it is actually withholding that, and that is sort of the mystery here in europe programs, of course, the gas market is tight. we do need more gas and energy is coming from a markets around the world by shipping to europe, but it would be good if it came from pass from russia or so. europe says the pollutants playing politics here, put this as the same thing that the e u is playing politics with north stream to. is he...
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but because gas storage facilities are only half full gas market experts are worried. this is shawn, the gas levels are already very low. they have not been this low at this time of year in the last 10 years. and because it has been cold in the last few days and cold weather is forecasted for january, the storage facilities are emptying relatively quickly. this is the situation that is already worrying market participants. you can see that in the high prices. listen, critics say gas prom which has close ties to the kremlin is keeping delivery volumes low in order to put pressure on the u. that spat stems from the e u position on the ukraine conflict and the slow approval pace of the controversial nord stream to baltic see pipeline. the situation is worsening for over a week. gas prom has not sent natural gas via the critical your mall pipeline to this pumping station in brandenburg. the prices the prices are so high now that we are actually worried about the security of gas supplies. so if you strategic restraint, no longer makes sense here, and we are actually destroy
but because gas storage facilities are only half full gas market experts are worried. this is shawn, the gas levels are already very low. they have not been this low at this time of year in the last 10 years. and because it has been cold in the last few days and cold weather is forecasted for january, the storage facilities are emptying relatively quickly. this is the situation that is already worrying market participants. you can see that in the high prices. listen, critics say gas prom which...
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they mix everything up gas problem, supplies all are requesting gas volumes under current contracts. and not only that much, but it's also increasing the volume that we need ships in the contract. spokespeople for our w. e and univer, which are among gaz promised biggest gas buyers in germany, said the russian company was still meeting delivery obligations. but measurements show that gas volumes flowing through the memo pipeline have indeed been reversed. some western politicians believe put in wants to put pressure on nod stream to. it's another pipeline which is set to deliver gas from russia through the baltic sea, directly to germany. the e u has not approved the pipeline yet. some experts believe the kremlin is deliberately reducing flows to drive up gas prices in europe, and speed up the approval process. experts warn that consumers in western europe need to brace for even higher prices. more cold weather over the coming months is going to drive up demand. now hotel owners and the canary islands had high hopes for this winter season. just a few weeks ago, some were operating wi
they mix everything up gas problem, supplies all are requesting gas volumes under current contracts. and not only that much, but it's also increasing the volume that we need ships in the contract. spokespeople for our w. e and univer, which are among gaz promised biggest gas buyers in germany, said the russian company was still meeting delivery obligations. but measurements show that gas volumes flowing through the memo pipeline have indeed been reversed. some western politicians believe put in...
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but because gas storage facilities are only half full gas market, experts are worried. a bit of a sudden the gas levels are already very low. they have not been this low at this time of year in the last 10 years. and because it has been cold in the last few days and cold weather is forecasted for january, the storage facilities are emptying relatively quickly. this is a situation that is already worrying market participants. you can see that in the high prices, as critics say, gas prom which has close ties to the kremlin, is keeping delivery volumes low in order to put pressure on the you. that spat stems from the e u position on the ukraine conflict and the slow approval pace of the controversial nord stream to baltic sea pipeline. the situation is worsening for over a week. gas prom has not sent natural gas via the critical your mall pipeline to this pumping station in brandenburg. the price is hidden. prices are so high now that we are actually worried about the security of gas supplies. so if you strategic restraint, no longer makes sense here, and we are actually d
but because gas storage facilities are only half full gas market, experts are worried. a bit of a sudden the gas levels are already very low. they have not been this low at this time of year in the last 10 years. and because it has been cold in the last few days and cold weather is forecasted for january, the storage facilities are emptying relatively quickly. this is a situation that is already worrying market participants. you can see that in the high prices, as critics say, gas prom which...
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where you get your gas from.as well as green groups who say that we will get nowhere near meeting the 1.5—degree ambition for the world unless we make a commitment to leaving vast reserves of oil and gas in the ground. do you agree? well, again, that is something you should ask the norwegian politicians and it's not something i decide or have a view on. you don't have a view on it when we've just established that your relationship with the government is such that you get much of your new money from a government which gets that money from oil and gas? how come you don't have a view on it? it's absolutely vital to your future. myjob is actually quite straightforward and pretty simple. it's to look after the capital, safeguard it for future generations and try to increase it. in terms of where the money coming in is decided by the politicians and how we spend it is decided by politicians. so, i also have no view on how we spend that money — it's not myjob. put it this way — such as the strength of the fund — of what
where you get your gas from.as well as green groups who say that we will get nowhere near meeting the 1.5—degree ambition for the world unless we make a commitment to leaving vast reserves of oil and gas in the ground. do you agree? well, again, that is something you should ask the norwegian politicians and it's not something i decide or have a view on. you don't have a view on it when we've just established that your relationship with the government is such that you get much of your new...
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that gas good gas from an russia supplied mo gas to rock outside. if a contractor and framework, and yet the discussion is very political, east gas problem, russia, we've all seen some gas supply. so fall economic a very i try season all and all jupiter teach results. but you cannot save up gas product exporting for gas discovery twix faults, but you can explore, whoa, what you are committed to your without tast ahead american athlete voices, her frustration at the reco breaking results of transgender rivals. thing it's vital. there's no disparity in sport law, not shortly. ah ah ah oh well, it shows the wrong one. 03. just don't hold any world yet to shape out. disdain becomes the advocate and engagement equals the trail. when so many find themselves worlds apart, we choose to look for common ground. oh, hello. again. amazon workers have rallied in new york over well, they say the company's reckless disregard for safety and union busting policies. there's been a wave of criticism over how it treats staff off to 6 died when a warehouse collapse duri
that gas good gas from an russia supplied mo gas to rock outside. if a contractor and framework, and yet the discussion is very political, east gas problem, russia, we've all seen some gas supply. so fall economic a very i try season all and all jupiter teach results. but you cannot save up gas product exporting for gas discovery twix faults, but you can explore, whoa, what you are committed to your without tast ahead american athlete voices, her frustration at the reco breaking results of...
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but because gas storage facilities are only half full gas market, experts are worried. a bit of a sudden the gas levels are already very low. they have not been this low at this time of year in the last 10 years. and because it has been cold in the last few days and cold weather is forecasted for january, the storage facilities are emptying relatively quickly. this is a situation that is already worrying market participants. you can see that in the high prices, as critics say, gas prom which has close ties to the kremlin, is keeping delivery volumes low in order to put pressure on the u. that spat stems from the e u position on the ukraine conflict and the slow approval pace of the controversial nord stream to baltic sea pipeline. the situation is worsening for over a week. gas prom has not sent natural gas via the critical your mall pipeline to this pumping station in brandenburg. the prices the prices are so high now that we are actually worried about the security of gas supplies. so if you strategic restraint, no longer makes sense here, and we are actually destroyin
but because gas storage facilities are only half full gas market, experts are worried. a bit of a sudden the gas levels are already very low. they have not been this low at this time of year in the last 10 years. and because it has been cold in the last few days and cold weather is forecasted for january, the storage facilities are emptying relatively quickly. this is a situation that is already worrying market participants. you can see that in the high prices, as critics say, gas prom which...
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because while gas prices have spike, the gas itself is running low and i'm talking dangerous kate record lows. in fact, your pink gas stores supplies haven't been this spot in a decade, on average across the blog, or any 74 percent full. that's down from 94 percent last year. and germany in particular is on edge. since the coldest pulse of winter is still ahead, the relatively low gas reserves should be used carefully. if we keep withdrawing gas at the current rate, the level will be very low by february. so no buffer, no real resolved, that anyone can sort of depend too. and these really tight times and things do seem to be going from bad to worse, because state owned an extra step to france or e t f announce that it will be shutting down to of its nucular reactive because of safety reasons. some pipes that are part you need repairing on top of that and not the to have pools, walk pending inspections. this is bad news, of course not just the fronts he's electricity is most kate, and you can generate to that, not just bad news for the nation that it exports to, for example, the u. k. but
because while gas prices have spike, the gas itself is running low and i'm talking dangerous kate record lows. in fact, your pink gas stores supplies haven't been this spot in a decade, on average across the blog, or any 74 percent full. that's down from 94 percent last year. and germany in particular is on edge. since the coldest pulse of winter is still ahead, the relatively low gas reserves should be used carefully. if we keep withdrawing gas at the current rate, the level will be very low...
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for gas. the plan was that that would be able to provide as much as 55000000000 cubic meters of gas every single year, directly into germany, and then on towards the rest of europe. however, it's found itself snarled off in a bureaucratic process when it comes to certification. here in germany right now, we're hearing it may well not be approved until the 2nd half of 2022. this is after we had thought it would be offered running by well, now that was after the united states lifted sanctions against the north stream to company earlier in 2021 that had previously called the let caused delays on that project. or is unco from germany's economic development association suggest the worst has yet to come, than the focus on renewables is unlikely to stop the crisis either will definitely be something winter. i think when we look at the energy prices, the top of the iceberg is not reached. so it may still become higher than expected . at the moment. we should not forget that all the discussion we make
for gas. the plan was that that would be able to provide as much as 55000000000 cubic meters of gas every single year, directly into germany, and then on towards the rest of europe. however, it's found itself snarled off in a bureaucratic process when it comes to certification. here in germany right now, we're hearing it may well not be approved until the 2nd half of 2022. this is after we had thought it would be offered running by well, now that was after the united states lifted sanctions...
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Dec 24, 2021
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we are not, now they say we should provide more gas and some more gas. they demand it. know the situation in europe is difficult, they are having difficulty in none of gas. it is -- is there a speck of truth in any of the accusations that we shared? pres. putin: there is no proof to those accusations. it is just an attempt to turn things around. one of your colleagues ask, why can the west not understand? they keep lying all the time. that is why. gas is delivering everything that contractors are asking for do the conference that we have3 no. not only -- not only the amount we asked, but we increased it by 12% and to europe and other countries. you can take your seat. we increase the supply to europe. that is the only company, when we talk about the worldwide market that is doing that. i spoke about it as well, in international events that americans suppliers left the european market. they should be delivering some small amounts of gas. they went to the premier markets, brazil, asia, china, south korea, japan. they can pay more. your pete -- europe thought they were a p
we are not, now they say we should provide more gas and some more gas. they demand it. know the situation in europe is difficult, they are having difficulty in none of gas. it is -- is there a speck of truth in any of the accusations that we shared? pres. putin: there is no proof to those accusations. it is just an attempt to turn things around. one of your colleagues ask, why can the west not understand? they keep lying all the time. that is why. gas is delivering everything that contractors...
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it's come about after gas braun, the russian energy giant didn't book any gas transit through poland on the human europe pipeline in its most very basic sense. that meant no extra gas would be arriving in germany. now, gas prong continues to live up to the contracts. it has with european nations like germany and others, but what it's not doing is sending any extra on to the market. what that means is there's an increased demand and well, not the supply as i said. so that means that prices have gone right open. fact, they've gone through the roof this month alone. prices have risen by 40 percent since the summer they've gone up 300 percent. and that is start to take a toll on energy companies and number of them deciding that this is just too rich for their blood. and they've had served while they fold it. they've had to file for bankruptcy. the latest to do that is neck and, and strong. here in germany they supplied power to some, 13000 homes across the country. they'll not be doing that anymore as they decided they just can't be part of this with the energy price. so high. now i said
it's come about after gas braun, the russian energy giant didn't book any gas transit through poland on the human europe pipeline in its most very basic sense. that meant no extra gas would be arriving in germany. now, gas prong continues to live up to the contracts. it has with european nations like germany and others, but what it's not doing is sending any extra on to the market. what that means is there's an increased demand and well, not the supply as i said. so that means that prices have...
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Dec 23, 2021
12/21
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BLOOMBERG
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what we are seeing at the moment with natural gas prices, we've never seen gas storage this low at this point in the winter. if we get a real cold snap in winter, there is a risk europe runs out of gas. but long before that happens, indices like aluminum smelters start to shut down. a couple of years back when the river went dry, that had a negative impact on gdp in germany. but this is a europewide event. this can be a drag on europe gdp across the board just at the time they want to come out of the coronavirus crisis. dani: thank you so much. you and the mliv team are looking at the risks for next year. that is eddie van der walt. check out his work and the team's work on your terminal. let's get to the first word news with angel feliciano. angel: the chinese city of xian has imposed a lockdown on its 13 million residents after mass testing identified 127 covid infections. residents have been told to remain in their homes and designate one person to go out every other day for necessities. china's biggest such move since the pandemic started in wuhan approximately two years ago. pfizer
what we are seeing at the moment with natural gas prices, we've never seen gas storage this low at this point in the winter. if we get a real cold snap in winter, there is a risk europe runs out of gas. but long before that happens, indices like aluminum smelters start to shut down. a couple of years back when the river went dry, that had a negative impact on gdp in germany. but this is a europewide event. this can be a drag on europe gdp across the board just at the time they want to come out...
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Dec 24, 2021
12/21
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BLOOMBERG
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it is gas prices, third day of gains. falling prices in terms of net gas. that is partly the result of the lng shipment shifting from the u.s.. asia prices have been higher than they have been in europe. now that lng shipment facing towards europe and could be easing some of the supply chain constraint we have been seeing. gas prices falling 20%. whether that continues will be a focus of the colder weather on the continent. the s&p 500 adding an all-time high amid the optimism that economic growth will whether the omicron coronavirus outbreak. our bloomberg tv guests weigh in on how the virus will affect markets in new york. -- in the new year. >> omicron increasingly in the rearview mirror. >> it will be mild. >> still much more transmissible. people cannot go to work if they have the virus. >> it has already been discounted. >> more red flags than most of my ex boyfriends. >> some of these vaccines are proving to be pretty good against this version. >> going to have an economic impact whether or not it is deadly. >> there is going to be a bit of a roller
it is gas prices, third day of gains. falling prices in terms of net gas. that is partly the result of the lng shipment shifting from the u.s.. asia prices have been higher than they have been in europe. now that lng shipment facing towards europe and could be easing some of the supply chain constraint we have been seeing. gas prices falling 20%. whether that continues will be a focus of the colder weather on the continent. the s&p 500 adding an all-time high amid the optimism that economic...
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, but it's gas problems fold from the speck of truth. any of these accusations that we use, but i was in the process but because normally it's just an attempt to turn things around the special one of your colleagues asking why can last understand you're playing all the time? that's why you get from it you. you will gas from is delivering as a potential nation, everything dad or the contract or is are asking for you to the contract. we house and not only the amount of requests, but we increase the deliver even by wealth per sandra. 20 percent, to that you hope to europe and the 2 other conference you can take care of you and increase the supply teacher and the company. and that's the only company if we talk about the world wide market that's doing vast and nice, spoke about it as well as an international events that the american suppliers lap european market. not yet pages and open shooting the premium and delivering some small amounts of gas like and so they went to the premium markets to brazil, to asia, china, south korea, japan becaus
, but it's gas problems fold from the speck of truth. any of these accusations that we use, but i was in the process but because normally it's just an attempt to turn things around the special one of your colleagues asking why can last understand you're playing all the time? that's why you get from it you. you will gas from is delivering as a potential nation, everything dad or the contract or is are asking for you to the contract. we house and not only the amount of requests, but we increase...
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more gas in. it absolutely has to the moment the question is, of course, whether the gas form isn't sending the gas because it can't or because it doesn't want to that we're not entirely sure sure of. we don't really know where the gas form is sending all the gas. it can or whether it is actually withholding that, and that is sort of the mystery here in europe. problems, of course, the gas market is tied. we do need more gas and n g is coming from a markets around the world by shipping to europe. but it would be good if it came from the us from russia or so europe says the pollutants playing politics here, put and says the same thing that they use playing politics with, nor string to is he not correct? they're well, i mean, no 3 to and it's better says the not true 110 years ago, what they are, but highly political projects. you are linking to major consumer producer blocks together with the physical pipeline infrastructure. it is political by nature and this politics when it goes well, it's good,
more gas in. it absolutely has to the moment the question is, of course, whether the gas form isn't sending the gas because it can't or because it doesn't want to that we're not entirely sure sure of. we don't really know where the gas form is sending all the gas. it can or whether it is actually withholding that, and that is sort of the mystery here in europe. problems, of course, the gas market is tied. we do need more gas and n g is coming from a markets around the world by shipping to...
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Dec 3, 2021
12/21
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BBCNEWS
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put it this way — norway could well now do without oil and gas, couldn't it?ed to. i should ask your question — do you think it's a good idea that we stop providing gas to the uk? i'm not so sure... i think that's a fair question to ask. countries like the uk have to address it like norway has to address it, but norway seems to refuse to address it. it's been addressed by the politicians and the people in charge of the ministry of oil. their conclusion is for more full steam ahead, more exploration, even inside the arctic. that's what they have chosen to do now. that is not my task. let me ask you this, because you are one of the most wealthiest men in all of norway. you are known for your philanthropy, your love of art, you want to build a gallery in your home town which is going to cost millions and is the subject of some controversy. do you think that the wealth norway has has been good for your society? yes, i think it has been. and i think it has been for a couple of reasons. when we discovered oil in �*69, very early on we decided — or politicians at the
put it this way — norway could well now do without oil and gas, couldn't it?ed to. i should ask your question — do you think it's a good idea that we stop providing gas to the uk? i'm not so sure... i think that's a fair question to ask. countries like the uk have to address it like norway has to address it, but norway seems to refuse to address it. it's been addressed by the politicians and the people in charge of the ministry of oil. their conclusion is for more full steam ahead, more...
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for gas. the plan was that that would be able to provide as much as 55000000000 cubic meters of gas every single year, directly into germany, and then on towards the rest of europe. however, it found itself snarled up in a bureaucratic process when it comes to certification. here in germany right now, we're hearing it may well not be approved until the 2nd half of 2022. this is after we had thought it would be up and running by well, now that was after the united states lifted sanctions against the north stream to complete earlier in 2021 that had previously called the let cause delays on that project. or you're a correspondent, peter oliver, there at a subject that sir, no doubt is going to be raised when our correspondence gets challenged. the russian foreign minister in person live here on arty international, all are correspondence from all are multi language news. channels are going to put a few questions to mr. lover of and as kiss, but most people in europe, that gas bills are going to b
for gas. the plan was that that would be able to provide as much as 55000000000 cubic meters of gas every single year, directly into germany, and then on towards the rest of europe. however, it found itself snarled up in a bureaucratic process when it comes to certification. here in germany right now, we're hearing it may well not be approved until the 2nd half of 2022. this is after we had thought it would be up and running by well, now that was after the united states lifted sanctions against...
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it's the same for gas prices. i mean, the price of gas now all the spot market in europe is incredibly high. is it what europe wants? is it what misses on the land once we would be crazy to go that way? completely crazy. so this is really something which is trying to annoy moscow and telling germany, for example, state germany that has completed with russia. it's north north strain to buy, ply, tell them, don't use it. i mean, this is completely crazy. we, we have 40 percent fight consumption of gas coming from russia. i mean, it's completely crazy. these, these ideas are crazy. i can't believe that either mr. timid or months is completely assault to the crazy ideas of the greens that he would go for. i look over a independent journalist joining us live here on archie international. thank you very much for your time. thank you. thank you for the cambodian prime minister has urged the military to stop using u. s. weapons. that's following washington's decision to place arms restrictions on the country. now it comes
it's the same for gas prices. i mean, the price of gas now all the spot market in europe is incredibly high. is it what europe wants? is it what misses on the land once we would be crazy to go that way? completely crazy. so this is really something which is trying to annoy moscow and telling germany, for example, state germany that has completed with russia. it's north north strain to buy, ply, tell them, don't use it. i mean, this is completely crazy. we, we have 40 percent fight consumption...
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so you absolutely need gas. if you bet on renewables, everybody understands that a long term contract brings you better prices over a long term and stability. it's the same for gas prices. i mean, the price of gas now all the spot market in europe is incredibly high. is it what europe wants? is it what mrs. fall, the lane ones, we would be crazy to go that way. completely crazy. so this is really something which is trying to enjoy moscow. a clash of cultures has seen, denmark's ex immigration minister jailed finger stolberg was to sentenced to 2 months behind bars for illegally separating refugee couples. back in 2016, under danish law couples can marry from the age of 18, but during the migrant crisis, girls as young as 15 years of age who had legally married in their home countries arrived in denmark. that minister ordered the young wives to be separated from their husbands. a danish court ruled that that was unlawful as the decision was made without consideration of individual circumstances. mr. berg says she
so you absolutely need gas. if you bet on renewables, everybody understands that a long term contract brings you better prices over a long term and stability. it's the same for gas prices. i mean, the price of gas now all the spot market in europe is incredibly high. is it what europe wants? is it what mrs. fall, the lane ones, we would be crazy to go that way. completely crazy. so this is really something which is trying to enjoy moscow. a clash of cultures has seen, denmark's ex immigration...
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so you absolutely need gas. if you bet on renewables, everybody understands that a long term contract brings you better prices over a long term and stability. it's the same for gas prices. i mean, the price of gas now on the spot market in europe is incredibly high. is it what europe wants? is it what mrs. formulate ones would be crazy to go that way? completely crazy. so this is really something which is trying to enjoy moscow or election polls actually useful in the post trump euro pundits love them, but are they accurate? crosstalk debates all love and more, next one. 0 right now there are 2000000000 people who are overweight or obese. it's profitable to sell food. that is fatty and sugary and salty and addicted is not at the individual level. it's not individual well power. and if we go on believing that will never change this obesity epidemic, that industry has been influencing very deeply. the medical and scientific establishment, ah, what's driving the city epidemic? it's corporate. ah ah, ah, ah. hello a
so you absolutely need gas. if you bet on renewables, everybody understands that a long term contract brings you better prices over a long term and stability. it's the same for gas prices. i mean, the price of gas now on the spot market in europe is incredibly high. is it what europe wants? is it what mrs. formulate ones would be crazy to go that way? completely crazy. so this is really something which is trying to enjoy moscow or election polls actually useful in the post trump euro pundits...