“Russian fantasies are getting ever more separated from reality. If this was the case why are German natural gas prices steadily falling?”
Because the idea the Germans are going to freeze is overdone at the moment due to German reserves being about 70% full. The problem is those reserves are finite and will get used up at some point.
“Because the idea the Germans are going to freeze is overdone at the moment due to German reserves being about 70% full. The problem is those reserves are finite and will get used up at some point.”
Very true. The main thing is it seems Europe has enough gas to get through this winter.
The question is how quickly can more supply come online next year? There is money to be made selling LNG to Europe. but how quickly can the exporters build the infrastructure to do so?