also, what gas is gazprom?on to europe to europe and no one would have noticed the loss, you know what they say. and in 2015, when the economic crisis was so serious. well, there it is, because it is global, so, uh, economic, so compared to 2014, production decreased by 90 billion and gazprom did not smoke this one gas is, by the way, a certain mistake to think that they are simply technically reducing its production, closing old wells, deposits, introducing new ones, waiting, more precisely, for the growth of the economy, then introducing new ones, this is a natural process. volumes of gas, but prospects in the future, that's what you and i are talking about. and what will happen next if they know that they will win? well, how do they think, that's why we should also understand it? let's assume that the red lines were crossed and such europe refused completely, does russia have anywhere to export, well, even in the conditions that they reduce the production of e-e for the domestic russian audience, they say th

, that is, gas that does not differ from ordinary gas either in terms of quality characteristics or in, and this is exactly the use of local energy sources, precisely energy-saving measures they will now make it easier for ukrainian citizens to pass the heating season because, unfortunately, due to russian aggression, a huge the number of objects of critical energy infrastructure is primarily about pipelines , i.e. these pipelines are not only gas yes, but also those that supplied heat carrier, i.e. provided centralized heat supply, more than 500 objects of thermal infrastructure were pickled, meaning boiler plant facilities of chp and tpp and even with gas, it is unlikely that it will be possible to provide centralized heating for the residents of the same chernihiv, kremenchug, okhtyrka and other large cities that suffered the most from the russian shelling of the panaserium. i wanted to ask what other local sources of energy could be, where else to look for them locally, if we are talking about a decentralized approach to energy saving, mr. gennadiy said very correctly today we need

russian gas. while it's going to take time there's, there's no question about that at the back to back story here is that the global gas mark is exceedingly tight. and european union is, is wanting to pivot away from pipeline gas to rely on, on, on seaborne liquefied natural gas. and the market there is going to be tight, probably the next 2 or 3 years at least. and therefore, this is not going to be an easy thing to do and it's going to come at a very high cost. so driving down demand is, is a critical element and truck, but trying to find alternative supplies is going to take time. other options for nations in warmer climes, southern parts of europe to share a spare capacity with, with nations in the north. there are problems here with the gas pipeline network. may 1 of the reasons a spain is, is, is exempt. actually, although spain has a lot of l n, g import capacity, the pipeline links between spain and france around the developed and therefore, the gas that spain might have an offer to northe

gas now?it is certainly -- there is a lot of demand in the region. we are looking at reducing production. gas is super expensive now. there is a decline in the use of natural gas, as much as is possible for now. there are energies real -- arriving in the region, which makes it easier to fill up storage in the country. anna: energy is arriving and we are gearing up. there is maintenance. we will see what happens to flows as a result. thanks to vanessa for joining us on the latest in the european gas picture. as we head toward the close, the stocks account is down 0.8%. they continue to feel the hangover of jackson hole. bloomberg. ♪ so... i know you and george were struggling with the possibility of having to move. how's that going? we found a way to make bathing safer with a kohler walk-in bath. a kohler walk-in bath provides a secure, spa-like bathing experience in the comfort of your own home. a kohler walk-in bath has one of the lowest step-ins of any walk-in bath for easy entry and exit. i

, for example , that is, using gas, if you have a supply of gas, you can use it you can have some kindf cogeneration plant at your boiler house and even generate electricity using local fuel. ukrainians are also facing a really hard winter and to survive it you should take care of your homes now. i must also add a generator to it, since this boiler does not work without ignition without electricity, so either a stove or a stove - it is much easier then a generator will not be needed but there is a lot more trouble there yuriy korelchuk, we are experts of the institute of energy strategies yuriy, we welcome you here, you have heard very different versions , and from the kiziaks to firewood and to diversions. please tell us how to prepare for the heating season, in fact , we can laugh and have fun the situation is not very good, if you know, and optimistic because there really can be problems , problems, first of all, explain what can really be, let's put it this way, the situation of a decrease in pressure in the hetes system - this is on the condition that the transit stops of russian

deliver more gas either. now, the fallout from russia's worn ukraine has pushed gas price in this, in europe, to new records, future contracts. trading amsterdam saw sharp increases when russia invaded ukraine back in february and more hikes when it reduce deliveries to european countries. now last year, russian import accounted for more than half of gas deliveries to europe with almost a 3rd of gas demand coming from the industry. and just over 40 percent, from households for the leaders and berlin say they are doing what they can to replace russian gas with renewable energy. but that'll take time. last year, russian gas deliveries accounted for almost 500000000 gigawatts. hours of energy so far this year. only 3 and a half 1000 gigawatt hours. we're adding solar and only one and a half 1000 in wind energy. so let's get carol not less you on this, she is the head of the advisory firm, crystal energy. what come to d. w carol? germany is trying to transition away from russian gas by the looks of it. the countr

natural gas. and i, 3 of natural gas coming from russia and they have done, you know, significant progress today. but to say it's going to turn it back entirely on it is not just germany ment, european countries in many countries around the world as well. it's good to take a while. this is the reality of the guys. unfortunately. so even with the political motivation to, to turn away from russian gas, germany will still need the kremlin approved gas in the future for that matter. when in the future, again, this is the question of time. so in the future, the longer term, there's plenty of gas around and not necessarily coming from russia. it just takes time to take that gas out of the ground, or did you need it by benhaven ships and g liquefied natural gas. you do have available that just takes time to burn the terminals to explore that. and even if they are there, you need the most important and this, what you not to have insurance is going to be there. when you have more energy coming to germany t

last year, we were 90% russian gas—dependent. 2023, we will be 0% gas dependent.ay by 2023 — something strange is happening with regard to gas in latvia, because at the very end ofjuly, gazprom announced that they were ceasing all supplies to a whole bunch of countries, including latvia. only five days later, it was reliably reported here that latvia, once again, was indeed receiving russian gas. so are you weaning yourself completely off russian gas right now, or not? yes — the majority of our supplies are coming from a liquefied natural gas facility in lithuania. our companies, other traders are pumping gas from lithuania into latvia. but my question is quite simple — are you still taking in russian gas? there are traders who are taking in russian gas into the latvian underground storage facilities. the relative volumes to lithuanian gas are very small, and there is already a law in parliament that, as of january one, you will not be able to continue. yeah, but i'm not really interested injanuary one right now, i'm interested in the current situation. estonia, l

, gas, gas , all the time, well, now it is weak, there is no heating , that's right.ll, we will survive and we will survive this processing of expenses for the previous month to the fifth if i'm not mistaken, next month, the owner of the house must submit the appropriate documents, an application for compensation, there's no need to worry, but everything will be reimbursed. in the meantime, the netkichi family is trying to start a new life, the younger daughter khrystyna was sent to school, the mother found a job, other members of the family are looking for ludmila pavlenko, ivan gorbunov and dmytro panov, the only news on social media, the broadcast continues, my colleagues, watch the marathon, the only news, we prevail, we will pass, we will win, daily news, together, we are strong, may 30, 1876, badans germany the russian emperor alexander ii, i sign has and which prohibits the public use of the ukrainian language, education and the printing of books in ukrainian, but it was too late ukrainians already had kobzar and aeneid, which they knew by heart even today, you

we have our own gas.lancing with coal generation with electricity generation, and accordingly we have for the reserve, in order to simply insure there, it is necessary from one to three billion, that is , we have a total consumption. it is predicted that if we take a year, it is 20 billion cubic meters. and we will have somewhere around 17 billion. that is, we need somewhere from one to three billion . we need to purchase a-a gas in order for this, let 's say, to have this insurance as an insurance factor. well, accordingly, the very terminology of this gas vondlease. for gas, this terminology is completely incorrect, but in the form of a commodity credit, we could ask the united states to provide us with a commodity credit in the form of natural gas somewhere at the level of this deficit that we are creating. that is, somewhere from one to three billion cubic meters, we could receive in the form of a commodity loan and that this gas was in our storages and in order to be able to pass the heating season,

qatari gas or gas from other countries through dropped through rolenzhit terminals, it also does not is a huge problem, that’s right, mr. yehor. how do you see the winter in europe, what will it be like considering the well on this whole situation, it will be a very powerful factor on the part of russia, well, to restrain and keep everyone, well, if on a short leash, what will winter be like in europe, winter is close and we don't know exactly what it will be like in terms of temperature, but europeans need to prepare for the worst the scenario when there will not be enough gas to heat the house, and accordingly, now the main task of ukraine is to convey to our european partners that this is russia's problem , that russia is the root cause of all this, that this is banal blackmail, and i think that the european union was just more quickly aware that only by having different sources of energy can you avoid this blackmail and not be its victim, because we can recall the stories of yushchenko, when putin simply unscrewed the valve and said that it was ukraine who steals gaza from europe

this gas turbine. do you expect to deliver this to russia in the coming days? the siemens energy expect that? yes, steven, i think when it comes to the gas turban, everything has been said so far. i mean, it's ready. it's here. i think everything is there in order for it to be shipped. we're just missing one last piece, which is customs documentation that we should be receiving from the customer in order for it to go. i it from a siemens energy perspective. we fulfilled all obligations necessary and it is ready to go as soon as they want it. when asked you lastly, russia recently saying that only one turbine of i believe 6 needed for that pipeline is in service. has siemens energy been contacted to repair to fix others about any of those other issues with turbines? ah, we're in regards to north stream one. yeah. as i said, steven with respect to the last gas turbine, it's here, it's ready to go and in with respect to other gas turbans. no, there's been no contact or every of ferraro is chief financial

actually, the gas blackmail is now starting, well, the gas blackmail continues, uh, they stopped, uh,the reduction of gas supplies to france, gazprom announced, meanwhile, bulgaria has started negotiations on the supply of uh, the previously agreed volumes of gas, what would that mean a-uh well, first of all uh, actually, the blackmail started earlier with the memorable story with the turbine uh, with turbines even for the north stream, which is still working. that's how well we remember how uh, the russians, unfortunately , uh, pushed the germans to uh- eh they took the turbines from repair in canada but they never took them to install them back on the north stream one and transport the relevant options but let's this is a little digress let's get back to the most simple can we operate to the numbers and the numbers say that despite because today is the 31st in august, the first one in the north stream stopped completely and does not transport gas because it has three days of maintenance eh it would seem that the prices should have soared to crazy heights but i am looking online now

and it's not just that announcement from gas from gas prices were already rising fast and recent days, driving of electricity prices and weighing on households and businesses. those rising energy prices are pushing up broader inflation fears. meanwhile, the head of germany's bonus bank sat in an interview over the weekend that inflation could reach 10 percent in the fall. and then there's the strong dollar powered by interest rate hikes, which is also working against the euro. let's take a closer look at the matter with hi k. yep. gus, professor for international economics and berlin's h t. w. university of applied scientist. welcome to w, i can, so a lot of factors working here against the euro, and now russia non still hold gas applies for 3 days. completely at the end of the month. how low do you expect the euro to fall in the coming weeks? oh, i have to say i didn't try to estimate that, but of course we've seen the euro already at much lower levels against the u. s. dora and the 200-2000 want to sell to. so we would probably reach similar limit levels, but i did not really trying

possibility that bulgaria will resume gas supplies with gas from the north in a single stream, yes, hows russia successfully using blackmail with these siemens turbines, they say we cannot start them up and restore the volume of gas supplies to europe because we are hindered by the imposed sanctions and although it would seem that the turbines have already been returned, yes, they are in germany but russia, yes, and this is the most important thing. it seems to me that putin is a demon, he understands. yes, for example, the supply of oil and gas from russia to the world. yes, to other countries, this is the main supplier of money, proof of the kremlin. voluntarily and ready to reduce the amount of money that goes to russia for the supply of blue fuel, understanding the importance, the greater importance for europe of this tool, so europe refuses russian gas, and the prospect is really the same there until 2030 but the draw is going around this autumn and around this winter of the north stream-2 he hopes to achieve this by blackmail which he is currently implementing what do you think we

gas hubs.hough now ukraine primarily consumes gas from its own production and due to a reduction in consumption volumes, a significant reduction in consumption volumes primarily by industry . unfortunately, we have little time, but we will definitely return to this topic and it will not lose its relevance. i just want to note that radio svoboda itself is ready to provide airwaves and the opportunity to express its position to naftogaz regarding the efficiency of the work of this enterprise, i am grateful to you once again for joining our broadcast. we were accompanied by an energy expert gennadiya ryabtseva. russian troops killed 133 ukrainian athletes and coaches at first of a full-scale invasion this was announced by the minister of youth and sports vadim husayd, despite the war, great sport in ukraine remains today, the ukrainian football championship resumed today, matches were held for the first time of the ukrainian premier league after the beginning of the russian invasion, the champions

gas is up. >> a couple things. everybody knows about the tension between russia and europe right now. on top -- on top of that, there are planned and unplanned outages. the same time, u.s. export has delayed resources to november. russia has decided to cancel one shipment to an asian customer because of issues. triggers are very concerned that this is an increase in competition. green buyers, maybe chinese buyers trying to draw its way. that is pushing prices for everything up. even u.s. national gas prices. they hit $10 earlier this week. manus: this is where it begins to get really tight. abided administration is banking on gas prices. the equivalent of over a thousand. let's take a little deeper into the opec story. saudi arabia have been concerned about disconnect in futures. mentioning the word cut. they are uttering their support. what do we know? >> we are still waiting to see how it turns out. since early june, prices have dropped down to nearly $90. opec is concerned about that. they concerned about the tr

there through the blocked nord stream-2 gas pipeline, well, so that people do not freeze in winter, this is the official wording, and so that industry does not suffer serious losses in this is how germany explains its decision, but our minister of foreign affairs, kuleba, says that it is like a drug addict. he says, well, i will inject myself one more time, and then i will definitely not be the same with the germans with gas. and how do you comment? well, you already know that in reality it's funny. and we heard repeated statements from germany's top management that after february 24, you can forget about nord stream 2. however , see what the nuance is. what you have is that today the price of gas on the european market, i mean on the sports european market $2,800 for 1,000 m³. this is an unprecedented number and it is primarily related to the fact that the russians turned off the main nord stream for three days and turned off the last compressor that provided gas to the european continent that even today the germans and all the gas consumers in europe of russian gas say that ral ga

these are gas heating boilers and water heaters, gas stoves , metering devices and automatic gas pollution control systems. the work today is carried out really big and independent gazprom. uh, gas distribution organizations are actively helping united russia in this, and ours is really building a large-scale infrastructure that did not exist before. here we are in the process want to identify one of the problems faced with the fact that e often citizens, mainly classified as low-income, do not have the opportunity, but in parallel, in the time frame that the gas infrastructure is being built to the border of the site, to perform that part of the work that, as you say, falls on them, that is, we are talking about construction. inside the land, infrastructure and gas acquisition using equipment. here , not all citizens do not have the opportunity to immediately bear all these costs for the purchase of a boiler for the creation of a system inside www, heating and ventilation. necessary for gasification in case such a reconstruction is required for this, mainly for households that either had

but where is that gas to come from? this is now the 3rd in a series of gas diplomacy, visits that included katara, norway, and now canada. and in all 3 cases, the german government has essentially gotten a rush off. and this is a very crucial problem for germany. not simply the question of how does it keep it? citizens warm in the coming winter, but how does it fuel its industrial power house? many of germany's big industrial companies, companies that account for a lot of this country's exports do rely on natural gas as the source. so this sa gas diplomacy is critical, but certainly the short term problem is not solved yet. ok, guess is one part of this saw berlin and ottawa though are also looking at long term energy projects. later today, transfer sholtes and prime minister trudeau will visit a proposed hydrogen production site in new foundland. what is germany hoping for their melinda? well, many people see this green hydrogen, which is basically hydrogen produced with renewable energy sources like solar, wind as a p

of gas and oil but particularly gas. - accessing our own resources of gas and oil but particularly gas moment, yesterday, when provided to percent of - course of the moment, yesterday, when provided to percent of our. when provided to percent of our energy— when provided to percent of our energy consumption. _ when provided to percent of our energy consumption. and - when provided to percent of our energy consumption. and it's i energy consumption. and it's unreliable _ energy consumption. and it's unreliable. the _ energy consumption. and it's unreliable. the fate - energy consumption. and it's unreliable. the fate of- energy consumption. and it's unreliable. the fate of the i energy consumption. and it's - unreliable. the fate of the matter is we _ unreliable. the fate of the matter is we need — unreliable. the fate of the matter is we need to— unreliable. the fate of the matter is we need to develop _ unreliable. the fate of the matter is we need to develop nuclear- unreliable. the fate of the matter is we need to develop nuclear sol is we need to develop nuclear so that we — is we

because of the distance from the gas fields because of the need to transport that gas over long distances before liquid cation . we are looking right now and companies are looking at whether or not the new context makes it a worthwhile business case to make those investments from the government standpoint, easing the processes. and because of the difficulty that, that germany is facing to make sure that we can move through regulatory hurdles more quickly is something we're willing to do. but there needs to be a business case that needs to make sense for germany to be receiving l n g directly from the east coast. those are discussions that are ongoing right now between our ministers, between various companies to see if indeed it makes sense. and hydrogen, sorry, hydrogen. we are moving forward on a range of investments around hydrogen and look forward to speaking about that more tomorrow. i'll see. actually no, at this time he, there are a number of projects in that have been under discussion for many years for which there's never yet been a business plan and economic plan that has been en

gas?n the most expensive plants are coming online, demand decreases, that has an impact on electricity across the system. it is not an average price. producers including nubile producers are reaping huge profits. when we look at the electorate, we have only two choices. you can get the price and that is risky -- cap the price and that is risky, or you can tax and tried to transfer that. manus: you put the two propositions on the table and i just need you to simply explain which one will be the best for the economy of europe. is it to cap gas prices? is that a smart way to tackle the energy market first of all? >> the discussion is about capping electricity prices, that is very dangerous. this is a system with two high prices. making sure power remains available, you have to also introduce mandatory targets for production, otherwise the lights will go out. second, if you cap gas prices, which could be done, it gets very expensive and will distort the relationship between the input prices, a

we cannot use the volumes of gas in any way, therefore the contract.roposals are to accept these volumes in 2023. at the same time, the bulgarian side does not propose to extend the contract. we are talking only about the old european contract meanwhile preparing for the winter full of challenges due to the energy crisis events. in ukraine , gazprom's recent announcement to stop supply fuel from august 31 for 3 days. due to maintenance further exacerbating the problem, gas prices in europe are holding onto multi-year highs in the uk the situation is already catastrophic. electricity will increase by 80% this will happen in october, and before that it was rising in april, by 54% at once, the forecasts for electricity prices for individual households for the year reached already quite an impressive amount of 6,000 pounds sterling. this is, if we talk in ruble terms, the numbers are already creeping up to half a million rubles, but only e for one family a year, and, therefore, of course, uh, here uh, very sharp criticism is also addressed to the governmen

4096 of europe's gas demand-— gas demand.you say, germany _ gas demand. and as you say, germany is — gas demand. and as you say, germany is heavily _ gas demand. and as you say, germany is heavily reliant - gas demand. and as you say, germany is heavily reliant on | germany is heavily reliant on gas from russia. and now since the invasion, due to a number of reasons russia has restricted this gas supply, they are delivering 75% less than they did last year and indeed they are going to shut down one of the key pipelines, the nordstrom one pipeline for a few days later on this month, so restricting supplies even further. we are seeing gas prices across europe, the uk and europe had record levels in the middle of summer, we actually demand for gas is at the lowest that we really are looking at extremely high prices and extremely high electricity prices, notjust for this winter but for a number of years to come sadly. so unfortunately although olaf scholz is being very proactive here, as are other european leaders, they might add

and therefore, that gas source or sources of gas are crucial. also for germany's export economy. germany is planning to construct floating liquefied natural gas terminals on its northern coast to receive gas supplies. but where shall those supplies come from? previous energy diplomacy initiatives, visa, the norway and katara had proven less fruitful than the german government had hoped, which is why hopes are now resting on canada. and the chancellor pointed out, after arriving there, that can, it is, is as rich in resources in many ways as russia, but that it is a dependable and reliable democracy. so not only liquefied natural gas is of interest about a liquefied natural gas or ellen geo for 2nd. the canadian side seems pretty reserved when it comes to delivering this liquefied natural gas. why is it? because most of the ellen g are most of the gas projects are on the west coast of canada. and by the way, a number of them involve fracking, which has been questioned in canada, as well as internationally to get that gas from the west coast to th

, they imported 40% of the gas. well this gas is very expensive now, that is, i will remind you that yesterday it was over $3,200 for 1,000 cubic meters on the european exchanges, and since they bought it from me earlier, we will buy the most immune there in february when there or in december when it is at its peak we will have to although i think that we will not have the money to buy it, we will simply have to, uh, run it on the gas that it is, that is, our task will not be how to stay there naftogaz, how to save gas production, how to run , help, we need to extract and here, the number one question is energy efficiency or those cities that will be houses, buildings that have dealt with the issue of manor efficiency, that have insulated houses, it will affect them much less than others , because their need for energy is twice as much three times smaller and therefore they can provide it with alternative sources such as solar panels. there are some such pumps, some are generators of old energy, that is, less energy

it is also used as a gas motor fuel, if we consider it as a gas motor fuel for vehicles.ly increases the autonomy of the car, mileage, that is, at one gas station, a truck can cover more than 1,000 km, or even more, for example, using liquefied natural gas as a motor fuel. gas is used in tractors manufactured at the kamaz plant; now several of these kamaz trucks are driving along the route from vladivostok to st. petersburg as part of the longest domestic rally of gas-powered vehicles, and in the future, lng will also be used to refuel water and rail transport. now it is being tested and preparing to enter the series locomotive working on a liquefied natural store olga zenkova artemy epifanov valeria proskuryakova andrey moshkin ntv television company therefore, we say goodbye to the viewers of central russia for the inhabitants of the urals, our release continues. in life, we have a whirlwind of good luck. hope fills you ivanchik meat sauce sytin fills with hot meat with noodles fills all life fills cranberry components for manose vitamin d3 support immunity nothing blad

at sports, the national gas operator.ding clarified the amount of gas tax that all consumers in germany will now pay two as many as 14 cents per kilowatt hour or about 100 euros per person per year. there are consequences for everyone in the world, in some cases this means additional hardship for the population, but in this way we become less subject to blackmail, and therefore less dependent on russia in matters of energy supply. we are becoming more independent and confident in matters of foreign policy and locality is eloquent in itself, the fact that the german minister of economics puts foreign policy above the economic interests of his own citizens, as if ber god can not cope with this, but the property of the greens is voluntarism and demagogy. they are experts on everything, however. soon social networks, including german ones, are waiting for the invasion of angry entrepreneurs, in the forefront of which this italian wood ice cream man turned out to be. today i received my electricity bill for july 5.128 euros. l

s. stock exchange. russian gas di and gas problem which owns a majority stake in the north stream, one pipeline to price the market by posting a record profit of more than $40000000000.00 for the 1st half of the year. the shares stored over 27 percent following the news. gas problem is planning to extend pipeline project to china, which has not condemned russia. the invasion of ukraine staying in china, overt act of protest are not common there, but public anger of the country's real estate developers have been all too clear to see. chinese mortgage holders have been withholding re payments on mass as they wait for their homes to be finished. as patrick fock reports, many borrowers have been left in dire straits, the zones as you approach this part of han and province by train. you see it bears all the hallmarks of china's growing crisis in the distance, unfinished construction projects scattered across the city. this is, drew my dea, a city of around 7000000 people in southern had an province meacham bought a home here in 2018 for just over half a 1000000 new on equivalent of around 7

millions of euros with of gas. well monica, one version is that or tolbert is not a finished facility. maybe they like storage speaking whenever you see gas war and puts in kind of am on the agenda. you can be sure it's about politics and your politics from the cremeans point of view. this huge flare i think, is a signal to europe look what kind of winter awaits you. i would look at it as a very political gesture, especially bear in mind. the fact that this considered or rather well very well known in moscow, that putin is very much into details of everything that concerns gas. you knows everything about, you know, gas pumping and you know, tubes diameter and stuff like that. so i'm sure that something like that would not have happened if there wasn't an okay from the cronan. right, well, i mean, you mentioned that the terminal at port elia is the starting point for the north stream one pipeline. and you mentioned putin sending a signal to europe. so please to remind of, ah, how this all relates to the energy crisi

somehow agreed among themselves that your gas stations will be located on this route.is is mine. did it just happen this way historically, and um, there is no betrayal, no agreement, no, in fact, i think that the routes were just like that, there are indeed some peculiarities, they are due to the fact that uh, how was the modern market of uh, gas stations formed there are a lot of stations from this market, it is uh, its modern market inherited from the soviet system , that is, there are many gas stations that are working today. i think there are at least half of them. because of the privatization of these enterprises, of course, somewhere the share of individual modern operators is higher. well, for example, there is the galnaftogaz concern, this is a network, they privatized at one time several such regional enterprises of oil products supply, especially there, there, there, vinnytsia region, for example, vinnytsia oil product and so on , it is completely private, almost well, i think that there 80% of it consists of gas stations of the former system, e. er, this net

of gas records.norway and the challenges of getting energy. we look at the macro picture when it comes to energy and we are focused on jackson hole where the fed is holding its annual symposium. how big global leaders start going in the first place. >> it is gorgeous, but not -- jackson hole is where central bankers gather every year not for the accommodations, but for the conversations. they go for 2.5 days of economist talk and they speak in this conference room, not quite the same as the electronically wired mahogany panels in washington. in wall street, it is not about the conversations or the accommodations, but the implications. the policymakers' comments on prints do, particularly the friday keynote by the chairman. talking inflation, recession, and what it means for interest rates and profits. we are here because of paul volcker. the 1981, the kansas city fed wanted a new name for their conference. they came to jackson hole because volcker left the place. the irony is this year, the financial

of the zaporizhzhia region, will be without gas gas because the repair and restoration of these systems time today, the enemy army and the enemy propaganda says that they will build a new gas pipeline, a new gas pipeline in order to ask the city of melitopol and other cities, but this is just propaganda, it is completely untrue, it is impossible to do this in a month in temporarily occupied mariupol, this year a severe winter awaits, 90 percent of the city's housing stock is damaged, most of the buildings are not subject to restoration, and therefore the residents of mariupol should not count on heat. andryushchenko he advised the local residents to leave the city, now about 130,000 people live in mariupol. they are taking advantage of our vulnerability in the fact that we, uh, energy-wise, can suffer a lot now, and accordingly, this affects the introduction of war, even when they talked about the fact that if we leave the zaporizhia region, we will destroy the entire critical infrastructure, and only in this case we will leave let's see how exactly all this can be related to our milita

it will also increase here, that is, all the gas.or europeans, not only russian, but any other will become more expensive. against this background, voices in favor of launching the nord stream 2 gas pipeline are being heard more and more loudly in germany , in particular, vice speaker buddha once again urged his position on this, wolfgang kubinsk, voiced back on friday. after that, he was criticized by some colleagues, however, in a recent interview , diwald. the politician was not afraid to say again that this gas pipeline is necessary, but, and the minister of economics robert habib, as before, puts the issue of saving face above the well-being of people, he said that the launch of nord stream 2 is equivalent to the political failure of germany, while just on the political important changes were outlined in the arena of germany earlier , only the alternative party for germany well, now the leftists have called it absurd the statements on the economy that sanctions harm russia more than the frg itself . europe is waiting far away, n

by the demand for natural gas.tays high. at the same time , rationing has already begun and its consumption by industry. in europe, the demand for gas there has decreased by about 15 billion cubic meters simply because prices are too high. now we see that industry somewhere, perhaps, is switching to oil or coal. this is a serious burden, we believe that due to high gas prices, european gdp will decrease by a percentage and four tenths next year, which contradicts the forecasts of the imf, which still expects growth, by the way, in july, inflation in the euro area set a new absolute record of almost nine percent, which is largely due to the energy crisis, european countries are trying to compensate for its impact through savings, as well as other measures. in particular, the authorities germany has lowered vat on gas from 19% to 7%, but all of these decisions are simply not keeping up with skyrocketing fuel prices that are undermining the european industry. zinc and aluminum are stylishly volatile metals in producti

what is going on right here today with oil and gas markets and the gas prices? guest: it is a precarious state paid we had covid and then -- it is a precarious state. we had covid and then the invasion of ukraine. the mobile market that we nuisance the 1990's are now coming apart -- that we knew since the 1990's are now coming apart. between those who bother -- who buy oil from russia and those who do not pay because of higher prices, demand has started to ease. we had a strong demand surge late 2020, 20201 -- host: post-covid -- guest: post-covid. that demand has eased in response to high prices. another key factor in the recent easing of prices is the economic slowdown in china, which typically has been the biggest source of oil demand. that has had a big impact on easing prices as well. host: explained that, what is happening in china that impacts us going to the pump in the united states. guest: it is a global market. everyone pays the same price for crude oil, essentially. china, the second-biggest oil market in the world and the most important in terms of