NomNom@feddit.ukBanned to

Europe@feddit.orgEnglish · 1 month ago

Wow wow wow... European Gas prices just surged 50% after Qatar said LNG infrastructure is under threat

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Wow wow wow... European Gas prices just surged 50% after Qatar said LNG infrastructure is under threat

NomNom@feddit.ukBanned to

Europe@feddit.orgEnglish · 1 month ago

QatarEnergy, the world’s largest producer of natural gas, just got bombed.

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Melchior@feddit.org
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1 month ago
This is Dutch TTF. It used to be much higher in 2021 and 2022 as Russia cut their gas supply. However it went down quite a bit with new LNG going online and obviously reduced gas consumption. This is still a fairly big problem, as the EU is cutting Russian LNG right now and buying more American LNG is a problem due to creating a dependence.

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