Comments

You must log in or register to comment.

TheCriticalAmerican t1_j40q6gd wrote

So... Germany has 35% less natural gas.... I wonder what their change in demand is, because a 35% reduction in supply is fairly drastic.

22

hcrx OP t1_j40qayb wrote

I think it is less a reduction in demand and more a combination of wanting to get out of Russia gas + lack of supply elsewhere.

20

Bemxuu t1_j418qmi wrote

Also, Russia has stopped supplying gas through some of their pipes in July. Remember all that jazz about maintenance, turbines stuck in Sweden, Germany vouching for Russia to get the turbines, and that ultimately not leading to resumption (if that's the word) of gas supply through those pipes? Guess what were the months :)

Some of those 35% is most likely explained by that.

1

BurningPenguin t1_j40s0v0 wrote

Tanks were filled to the brim in the last months before winter. Of course we imported less.

10

tscheric t1_j40v8dh wrote

There are some slight changes for big consumers. (e.g. public swimming pools reduced temperature) Also people are told to watch their consume (which happens automatically when gasprices increase, my gasprices per kWh are doubled) And last one is a big storage infrastructure (old salt caverns) and the hope that the winter won't be that hard. On the long term germany tries to convert the system more to renewables, especially in the heating sector (hydrogen or heat pumps, but this will take some time)

4

Psyc3 t1_j41825n wrote

Nope.

You have one years data set.

For all you know that have 1000% more natural gas than any other year.

4

Ok-Inspection-9797 t1_j41fi6f wrote

I think Germany was at peak buying at this year start and then went to normal amount of buying I am not sure though if somebody has the data it will be helpful

1

FleXXger t1_j41qbz1 wrote

And there is less demand. By using other sources to generate electricity and heating.

1

FromTheOrdovician t1_j40z75s wrote

It's an important move politically. DE is the majorly nation of the Entire EU.

6

GandalfaTron2021 t1_j42y31f wrote

what about the warm weather and the significant drop in demand. were it colder they would have a smaller decrease imho

2

micahfett t1_j43ure5 wrote

THANK YOU for including totals there. I keep seeing graphs showing reduction in Russian gas imports like it's some amazing victory without showing that these countries are unable to fully replace the imports. Seeing the whole picture requires more information than the other posts have been providing.

Europe is working hard to manage their energy situation right now because of the deficit and those efforts aren't reflected in the 1-sided graphs people keep posting.

2

ExtremeCentrist69 t1_j42iyem wrote

This data/graph has been shown here AT LEAST 3 times within the last 2 weeks in different formats. It's getting ultra boring this karma whoring.

1

nuonuopapa t1_j44gr2n wrote

It would be helpful to show the monthly average gas price.

With the increase in gas prices, how well do the German companies compete against the US and Chinese companies?

1

Siberian_Pootis t1_j41n90e wrote

we have tons of posts like this (about german's gas)

maybe we will stop posting it?

0

The_NeutralGuy t1_j40yvlg wrote

It's NOT a change in demand. Germany now relies more on Norway. What will Russia do with the excess of natural gas? There lot many consumers elsewhere (non-Europe) to be catered for.

−1

GranPino t1_j4114et wrote

They wont be able to export it. You need infraestructure to export natural gas, pipelines or LNG ports. And Russia lost or closed several pipelines and only have LNG facilities to export less than 20% of their natural gas production

Therefore, they are exporting 60% less natural gas in december 2022 (5.7b metric tons) than in december 2021 (13.6b.)

9

bad_apiarist t1_j43u8hw wrote

Yes. and I am not convinced Russia can simply "find other customers" easily. Germany = 80 some million people and the #4 economy in the world, meaning they have plenty to spend on energy. And it's not just Germany, the entire EU's % of gas imports being from Russia used to be around 50%. Now it's like 18%. You can't just go "find another" EU to shell out many billions for your fuels.

2

GranPino t1_j45c6dk wrote

You could displace other exporters if you butch your prices. However, finding customers is irreleant when you cannot even export it, and it requires many years to build such infraestructure, sometimes decades, and it requires the technological partners from the West.

1

bad_apiarist t1_j45cik3 wrote

Agreed. Though I'd also argue that if you could do that, if you had a base of potential customers worth trillions of dollars over a few years.. well you'd increase production and build that infrastructure... starting years ago, whether there's a euro crisis or not. Why leave trillions of dollars on the table? But Russia largely hasn't done that (yeah I am oversimplifying here, Russia has made such efforts to improve base and supply, but faces physical and political obstacles etc. but I think the main point stands).

1

[deleted] t1_j414xwq wrote

Actually they're still buying russian gas over resellers. And Russia is making 10x more profit through it.

−8