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President Biden met Monday with German Chancellor Olaf Scholtz. Before the closed-door meeting began, the president told reporters that the two countries are working "in lockstep" to address the Ukraine crisis, The Guardian reported . Per The Guardian , "Scholz called it ''an important meeting at an important time'' and said the U.S. and Germany [are] working ''intensely'' to deter a Russian invasion of Ukraine." Germany has given the international community plenty of reasons to doubt its commitment to supporting Ukraine. The head of Germany''s navy resigned last month after saying all Russian President Vladimir Putin really wants is "respect" and that it would be "easy to give him the respect he demands, and probably deserves." Around the same time, the German government pledged, in lieu of weapons, to send 5,000 military helmets to Ukraine, drawing criticism and mockery, The New York Times reported . "The plan is obviously for 5,000 Ukrainian soldiers to run across the border and head-butt the Russian troops deployed there," Ukrainian-born German politician Marina Weisband tweeted .

Prices tumble dropping 20% in 3-days

Henry Hub natural gas prices have been volatile of late, with a short squeeze and subsequent cold weather forecasts taking prices from ~$3.80 in late January, to more than $5.50 last…

The post Natural Gas Futures Slide as Worst of Winter May Be Over; Cash Drops appeared first on Natural Gas Intelligence

News and analytical articles about Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan, Uzbekistan.

Last month, the United States, the world''s top producer of natural gas, asked Qatar and other major energy producers to examine whether they could supply Europe if Russia were to cut supplies

TAIPEI : Taiwan has not been approached by the United States on the issue of diverting some supplies of Liquefied Natural Gas (LNG) to Europe if the Ukraine crisis leads to a disruption, the economy ministry said on Monday.Last month, the United States, the world''s top producer of natural gas, asked Qatar

Nat Gas has been hit hard since Wednesday even as a massive storm cut gas output to its lowest level since 2021s February freeze.

National Security Adviser Jake Sullivan said on Fox News Sunday that he believes Russia is prepared to invade Ukraine, Fox News reported . "We are in the window," Sullivan said in response to a question from host Martha MacCallum. "Any day now, Russia could take military action against Ukraine or it could be a couple of weeks from now, or Russia could choose to take the diplomatic path instead." President Biden told Ukrainian President Volodymyr Zelensky last month that there was a "distinct possibility" Russia could invade in February. Russian tanks and other heavy equipment will be able to move more easily over frozen ground, so if Russian President Vladimir Putin is going to order an invasion, he will need to do so before the spring thaw. "If war breaks out," Sullivan added, "it will come at an enormous human cost to Ukraine, but we believe it will come at a strategic cost to Russia as well." WATCH: Biden National Security Advisor Jake Sullivan refuses to say if Biden will end his war on American energy to restore energy independence pic.twitter.com/suhYhFR0Xe RNC Research (@RNCResearch) February 6, 2022 Biden administration warned lawmakers last week that Ukraine could suffer 50,000 civilian casualties if Russia invades and that the capital city of Kyiv could fall to the Russians within 72 hours.

The tensions show the risk of Europe''s reliance on Russia for energy, which supplies about a third of the continent''s natural gas.

Pipeline Politics Hits Multipolar Realities: Nord Stream 2 & The Ukraine Crisis Authored by John Foster via Counterpunch.org, Amid escalating tensions between US/NATO and Russia, all eyes are on Ukraine, but Nord Stream 2, a pipeline built to bring Russian gas under the Baltic Sea directly to Germany, is an integral part of the story. US Under Secretary for Political Affairs, Victoria Nuland, asserted (Jan 27), If Russia invades Ukraine one way or another, we will work with Germany to ensure it (the pipeline) does not move forward. Delayed by US threats and sanctions, Nord Stream 2 highlights why countries are challenging US leadership. Since the 1960s when Europe first began importing Russian gas, Washington perceived Russian energy as a threat to US leadership and Europes energy security. More recently, with fracking, the US has become the worlds largest gas producer and a major exporter of LNG (liquefied natural gas). It wants to muscle in on Europes huge market, displacing Russian gas.

Last years sharp rise in natural gas prices across Europe, which inevitably hit electricity prices, left a sour inheritance to Greek households and businesses. As summer gave way to autumn, electricity prices rose across Europe, including Greece, driven by an unprecedented rise in gas prices. With natgas widely used for power generation across the continent, the rise in prices was passed over to electricity. However, by late November, skyrocketing wholesale electricity prices impacted retail electricity rates. According to the Hellenic Statistical Authority (ELSTAT), retail electricity prices in December 2021 rose by 45% y-o-y, with some of the increase not passed The post Greece faces energy crisis as prices spiral appeared first on Financial Mirror .

Europe News: FRANKFURT, Germany: Fears are rising about what would happen to Europe''s energy supply if Russia were to invade Ukraine and then shut off natural gas .

Union minister for petroleum and natural gas and minister of housing and urban affairs Hardeep Puri campaigned for Advocate Bikram Singh Sidhu, BJP candidate from Ludhiana West, on Saturday during his visit to the city.

Gazprom and China National Petroleum Corporation (CNPC) have signed a new deal under which the Russian gas giant will deliver natural gas to China via the Far Eastern route,