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They send very little gas (much less than agreed upon) through NS1 to send a message and try to force-open NS2, which leads to very high spot prices
by JanSt 4y ago
They send very little gas (much less than agreed upon) through NS1 to send a message and try to force-open NS2, which leads to very high spot prices
- anotheracctfo 4y agoYeah the OPEC model. Except you can't end it by threatening to "nuke their ass and take their gas."
- Iwan-Zotow 4y agoWhat is has to do with "price gouging"? How this "message" of yours reach Netherlands? Whatever is coming, price is defined in Netherlands, look for Dutch TTF futures. It is like price of oil - Brent futures minus some discount > which leads to very high spot prices Russian gas itself is not traded on spot place(s). It is long term contract, but price follow dutch futures. How this "price gouging" is done, could you describe mechanism?
- JanSt 4y agoLess supply, higher supply volatility = higher prices, this is market 101.
- Iwan-Zotow 4y agoThere is no supply of gas from Gazprom to the Dutch FFT. None whatsoever. Never was. Never will be.