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European natural gas prices fell more than 40%. Is the “bitter day” really passed?


On August 26, the day’s natural gas quotation given by the Dutch Natural Gas Futures Trading Center TTF came to an unprecedented 346.522 euro per MWh, setting the latest world record. The European Commission immediately announced that it will propose a natural gas price limit plan, which will set up a unified price limit for importing natural gas (the exception of Spain and Portugal). Since then, the price of natural gas futures trading has fallen all the way, and now it has come to 200 Euros per MWh, a decline of more than 40%.

Friends who are concerned about the European Energy Crisis know that after the European Union released its natural gas price limit plan, Russia immediately announced that it would turn off the Beixi natural gas pipeline indefinitely and stop transporting natural gas to the EU. However, the data of TTF clearly reflects the fact that Russia’s “ventilation” EU only increased the price of natural gas transactions for 3 days, and then continued to fall. So what is the reason behind this?

Earlier has repeatedly reported the EU Natural Gas Savings Plan and a series of policies sacrificed by governments in various countries. On September 5th, after Russia announced the endless period of “qi”, the European Union released its own cards and announced that it had achieved the goal of natural gas savings plan two months in advance. The European natural gas reserves have reached 81%. This is the heavy news that made the price of natural gas rising for three days fell again. Why the European Union can complete the natural gas savings plan in advance, the previous report of the Financial Times gave the answer -the EU purchased a large amount of liquefied natural gas from Asia at a high price. Among them, the mysterious oriental country was the largest seller.

At this point, the European Union can be regarded as the basic gas problem of life. The current natural gas reserves can basically allow European people to spend a slightly warm winter. However, industrial gas is still a huge problem. European mainstream media such as “Financial Times” and “El PaĆ­s” repeatedly pointed out many energy -intensive factories in Europe, from zinc, aluminum smelting plants to chemical fertilizer, glass manufacturing plants due to energy shortage due to energy shortage The problem lost nearly half of the capacity. In Germany, as a European industry signboard, its industrial orders have declined for six consecutive months. Life problems are temporarily solved. What should I do if economic problems do? At the same time, more bad news came from overseas. The American liquefied natural gas suppliers announced that the time for the full restoration of natural gas liquefaction facilities will be postponed, and the aid of the American “allies” will not come; With a reduction of 100,000 barrels, international oil prices will continue to rise. The EU’s energy crisis is still tricky.

This winter, the EU may be able to survive, but what about the next winter? And the upcoming “economic cold winter”? The road ahead was long, and the European Union’s recovery was still blocked.