> Currently gas storage is at 100% in Germany
> And this is with a blown up pipeline.
Most of the storage was filled when the pipeline was operational and pumping gas at full capacity (what did you think they were filling it with?). It was slowly filling with Russian gas for half a year.
Besides, gas storage is only a buffer to temporarily compensate for the difference between supply and consumption (typically in winter).
> but it's very far from not surviving the winter.
And then what? Pump Russian gas like crazy just like this year? Oh wait, they turned off the tap. Guess they'll have to make some kind of deal. Oh wait, someone blew up the pipeline!
I feel like people are overly focused on this winter, rather the next, when the storages are drained, and new pipelines aren't yet built.
The first LNG terminal has just been built (using a ship-based terminal I think, so somewhat different than a completely land-based LNG terminal). The plan is to buy the gas from somewhere else than Russia, and so far we're doing far better than the original predictions. Doesn't mean there won't be problems, but it's certainly not as terrible as expected.
> The first LNG terminal has just been built (using a ship-based terminal I think, so somewhat different than a completely land-based LNG terminal).
Are you implying that LNG carriers are even remotely comparable in terms of economy and bandwidth to a pipeline from one's neighbor?
> The plan is to buy the gas from somewhere else than Russia
It's not really a "plan", it's just a desire. A "plan" involves thought through supply chain, logistics, economics and so on.
This "plan" also implies stopping the gas flow through Ukraine, which is a politically complicated situation.
> so far we're doing far better than the original predictions.
Specifically?
> Doesn't mean there won't be problems, but it's certainly not as terrible as expected.
But nothing has even started yet. There hasn't really even been a real deficit yet. And still some companies already had to shut down production, just cuz it was no longer sustainable.
Thank you for that excellent dose of reality. The fact is also that European leaders (especially Macron caught on hot mic) are terrified that the US essentially had NO realistic/effective plan to replace Russian gas for the EU.
Most of the storage was filled when the pipeline was operational and pumping gas at full capacity (what did you think they were filling it with?). It was slowly filling with Russian gas for half a year.
Besides, gas storage is only a buffer to temporarily compensate for the difference between supply and consumption (typically in winter).
> but it's very far from not surviving the winter.
And then what? Pump Russian gas like crazy just like this year? Oh wait, they turned off the tap. Guess they'll have to make some kind of deal. Oh wait, someone blew up the pipeline!
I feel like people are overly focused on this winter, rather the next, when the storages are drained, and new pipelines aren't yet built.