β² 363 βΌ Wow wow wow... European Gas prices just surged 50% after Qatar said LNG infrastructure is under threat (feddit.uk) submitted 5 months ago* (last edited 5 months ago) by NomNom@feddit.uk to c/europe@feddit.org 122 comments fedilink hide all child comments QatarEnergy, the world's largest producer of natural gas, just got bombed.
[β] plyth@feddit.org 17 points 5 months ago (3 children) We buy the much more expensive US fracking gas. That spike is a minor blip to Europe. permalink fedilink source hideshow 6 child comments replies: [β] Humanius@lemmy.world 28 points 5 months ago* (2 children) The European Commission has a website listing the top gas suppliers to Europe https://www.consilium.europa.eu/en/infographics/where-does-the-eu-s-gas-come-from/ Our main suppliers are, as of 2025: Norway - 31.1% United States - 25.4% Russia - 13.1% North Africa - 12.8% United Kingdom - 4.3% Qatar - 3.8% While Qatar doesn't provide a huge proportion of European gas, it's not insignificant either. A disruption in the supply of Qatari gas could very easily cause prices to go up by a lot. Edit: It's almost as if we should do everything in our power to rid ourselves of the dependency on fossil fuels. permalink fedilink source parent hideshow 4 child comments replies: [β] Melchior@feddit.org 6 points 5 months ago Also not the 13.1% Russian share. This is the last year Russian LNG imports are allowed and imports using short term contracts are banned in two months. permalink fedilink source parent [β] SaveTheTuaHawk@lemmy.ca 5 points 5 months ago (1 child) Itβs almost as if we should do everything in our power to rid ourselves of the dependency on fossil fuels https://www.cip.com/projects/our-projects/hydrogen-island/ permalink fedilink source parent hideshow 2 child comments replies: [β] brotundspiele@feddit.org 4 points 5 months ago At full capacity (10GW), the island is expected to produce around 1 million tonnes of green hydrogen, corresponding to roughly 7% of Europe's expected hydrogen demand 10GW = 87.6 TWh / year (even assuming 100% efficiency of the P2G process). That's 10% of Germanys gas consumption of last year (864TWh). The EU consumes something like 5000TWh per year. So while this might be a cool project and a much needed one, it's not nearly enough to replace our gas imports. We should really stop using gas to heat our homes and use the miniscule amount of green gas we can produce for the processes that really require it. In other news: Our (German) government wants to go back to gas heating and combustion engines, hoping to find some e-fuels in the attic. permalink fedilink source parent [β] zaphod@sopuli.xyz 11 points 5 months ago (1 child) It's not just about where european countries buy, there's a global market, it's about who bought gas from Qatar and where they will buy their gas now. AFAIK Qatar exports a lot to asian countries, if they can't get gas from Qatar anymore they're going to buy from other countries, for example from the USA. That's going to raise the price for US fracking gas and will affect Europe. permalink fedilink source parent hideshow 2 child comments replies: [β] Tar_alcaran@sh.itjust.works 2 points 5 months ago Exactly. India buys from Qatar. Qatar stops supplying, India starts buying from the US, just like us. permalink fedilink source parent [β] CosmoNova@lemmy.world 3 points 5 months ago Iβve read the world just lost about 20% of the total supply with that facility. Supply chains are in shambles everywhere. permalink fedilink source parent
[β] Humanius@lemmy.world 28 points 5 months ago* (2 children) The European Commission has a website listing the top gas suppliers to Europe https://www.consilium.europa.eu/en/infographics/where-does-the-eu-s-gas-come-from/ Our main suppliers are, as of 2025: Norway - 31.1% United States - 25.4% Russia - 13.1% North Africa - 12.8% United Kingdom - 4.3% Qatar - 3.8% While Qatar doesn't provide a huge proportion of European gas, it's not insignificant either. A disruption in the supply of Qatari gas could very easily cause prices to go up by a lot. Edit: It's almost as if we should do everything in our power to rid ourselves of the dependency on fossil fuels. permalink fedilink source parent hideshow 4 child comments replies: [β] Melchior@feddit.org 6 points 5 months ago Also not the 13.1% Russian share. This is the last year Russian LNG imports are allowed and imports using short term contracts are banned in two months. permalink fedilink source parent [β] SaveTheTuaHawk@lemmy.ca 5 points 5 months ago (1 child) Itβs almost as if we should do everything in our power to rid ourselves of the dependency on fossil fuels https://www.cip.com/projects/our-projects/hydrogen-island/ permalink fedilink source parent hideshow 2 child comments replies: [β] brotundspiele@feddit.org 4 points 5 months ago At full capacity (10GW), the island is expected to produce around 1 million tonnes of green hydrogen, corresponding to roughly 7% of Europe's expected hydrogen demand 10GW = 87.6 TWh / year (even assuming 100% efficiency of the P2G process). That's 10% of Germanys gas consumption of last year (864TWh). The EU consumes something like 5000TWh per year. So while this might be a cool project and a much needed one, it's not nearly enough to replace our gas imports. We should really stop using gas to heat our homes and use the miniscule amount of green gas we can produce for the processes that really require it. In other news: Our (German) government wants to go back to gas heating and combustion engines, hoping to find some e-fuels in the attic. permalink fedilink source parent
[β] Melchior@feddit.org 6 points 5 months ago Also not the 13.1% Russian share. This is the last year Russian LNG imports are allowed and imports using short term contracts are banned in two months. permalink fedilink source parent
[β] SaveTheTuaHawk@lemmy.ca 5 points 5 months ago (1 child) Itβs almost as if we should do everything in our power to rid ourselves of the dependency on fossil fuels https://www.cip.com/projects/our-projects/hydrogen-island/ permalink fedilink source parent hideshow 2 child comments replies: [β] brotundspiele@feddit.org 4 points 5 months ago At full capacity (10GW), the island is expected to produce around 1 million tonnes of green hydrogen, corresponding to roughly 7% of Europe's expected hydrogen demand 10GW = 87.6 TWh / year (even assuming 100% efficiency of the P2G process). That's 10% of Germanys gas consumption of last year (864TWh). The EU consumes something like 5000TWh per year. So while this might be a cool project and a much needed one, it's not nearly enough to replace our gas imports. We should really stop using gas to heat our homes and use the miniscule amount of green gas we can produce for the processes that really require it. In other news: Our (German) government wants to go back to gas heating and combustion engines, hoping to find some e-fuels in the attic. permalink fedilink source parent
[β] brotundspiele@feddit.org 4 points 5 months ago At full capacity (10GW), the island is expected to produce around 1 million tonnes of green hydrogen, corresponding to roughly 7% of Europe's expected hydrogen demand 10GW = 87.6 TWh / year (even assuming 100% efficiency of the P2G process). That's 10% of Germanys gas consumption of last year (864TWh). The EU consumes something like 5000TWh per year. So while this might be a cool project and a much needed one, it's not nearly enough to replace our gas imports. We should really stop using gas to heat our homes and use the miniscule amount of green gas we can produce for the processes that really require it. In other news: Our (German) government wants to go back to gas heating and combustion engines, hoping to find some e-fuels in the attic. permalink fedilink source parent
[β] zaphod@sopuli.xyz 11 points 5 months ago (1 child) It's not just about where european countries buy, there's a global market, it's about who bought gas from Qatar and where they will buy their gas now. AFAIK Qatar exports a lot to asian countries, if they can't get gas from Qatar anymore they're going to buy from other countries, for example from the USA. That's going to raise the price for US fracking gas and will affect Europe. permalink fedilink source parent hideshow 2 child comments replies: [β] Tar_alcaran@sh.itjust.works 2 points 5 months ago Exactly. India buys from Qatar. Qatar stops supplying, India starts buying from the US, just like us. permalink fedilink source parent
[β] Tar_alcaran@sh.itjust.works 2 points 5 months ago Exactly. India buys from Qatar. Qatar stops supplying, India starts buying from the US, just like us. permalink fedilink source parent
[β] CosmoNova@lemmy.world 3 points 5 months ago Iβve read the world just lost about 20% of the total supply with that facility. Supply chains are in shambles everywhere. permalink fedilink source parent
