NomNomEuropean Gas prices just surged 50% after the Qatari LNG production is under attack
HumaniusThe European Commission has a website listing the top gas suppliers to Europe
…europa.eu/…/where-does-the-eu-s-gas-come-from/
Our main suppliers currently are:
- Norway - 31.1%
- United States - 25.4%
- Russia - 13.1%
- North Africa - 12.8%
- United Kingdom - 4.3%
- Qatar - 3.8%
While Qatar doesn’t provide a huge proportion of European gas, it’s not insignificant either. A disruption in the supply of Qatari gas could very easily cause prices to go up by a lot.
Also not the 13.1% Russian share. This is the last year Russian LNG imports are allowed and imports using short term contracts are banned in two months.