European Russian gas dependency vs. gas-storage depletion ( days after 15 May if imports from Russia are halted on 16 May)

10 comments
  1. I thought big balls EU swinging it’s massive single market around would have secured some lucrative gas deals by now? Looks awfully similar to a certain situation with vaccines not to long ago. Maybe we’re seeing a pattern?

  2. The Netherlands still has quite big gas resources in the ground that could be used almost immediately in case of a real emergency.

    Exploitation was halted because the land above was sinking due to the extraction.

  3. Small caveat here: Netherlands will be fine.This graph is ignoring the fact that the Netherlands is still sitting on top of a natural gas bubble with perfectly good hardware for pumping up gas whenever needed.

    We extracted so much gas that the northern region is having earthquakes, so we stopped pumping gass and it is politically sensitive. But if we need to chooce between being cold or pumping up gas… you bet the pumps will be opened again (we used to power most of Germany and there is still quite a lot left in the ground)

    But I expect we’ll just ask the greenhouse farmers to switch to crops that can grow at a little lower temperatures. Most of the gas consumption is from greenhouses and some industries. We have lots of options of scaling back consumption (high prices will do this automatically)

  4. I’m really interested in Latvia looking at this. Eminently sensible to have been buying Russian gas but also to have such an extended storage window.

    Most of the long storage countries also have very conservative purchasing of Russian gas so I’m wondering if that’s just luck or judgement on their part (by luck I mean possibly not being directly pipelined in so much?)

  5. Motherfuckers keep forgetting Moldova is 100 percent dependent but just because it’s not EU it always gets excluded from charts and maps.

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