I sat and watched a piece by N-TV (commercial news here in Germany) this after noon.
So, things have changed in the past month.
Natural gas? At beginning of 2022...Russia supplied 50-percent roughly of natural gas that Germany needed. Presently, the amount is down to around 35 percent.
Oil? Beginning of 2022....Germany was typically getting around 35-percent. Now, it's down to about 12-percent.
Coal? It was way up to around 50-percent at beginning of 2022.....now down to 8-percent.
Add to this.....lot of effort being done by port of Hamburg, to bring in a floating LNG terminal 'boat' by 1 January. If that occurs, and the ship deliveries start up? You might see another 10 to 15 percent cut by mid-spring 2023.
No comments:
Post a Comment