empty
 
 

30.05.202210:49 विदेशी मुद्रा विश्लेषण और समीक्षा: EU plans to replace 2/3 of Russian gas by end of 2022

Exchange Rates 30.05.2022 analysis

According to the Financial Times quoting EU Energy Commissioner Kadri Simson, the European Union is reviewing contingency plans for disruptions to natural gas supplies.

Simson said that the EU might replace most of the natural gas imported from Russia by the end of 2022. However, the EU would face a serious challenge if it cut off Russia's energy supplies entirely.

The report notes that contingency plans are concerned with limiting gas supplies to industry. Households will not be subjected to gas rationing. Industrial companies consume 27% of the EU gas.

The European Union announced that it would replace 2/3 of Russia's gas supply by the end of 2022.

European gas prices are currently holding around the psychological level of $1,000:

Exchange Rates 30.05.2022 analysis

Russia is the largest EU supplier of natural gas and crude oil. However, hostilities in Ukraine were the reason for imposing sanctions on Russia. Consequently, they caused supply disruptions.

Russia continued to supply gas to its European customers as long as they were willing to pay for it under the new rules. However, it cut off gas supplies to Poland, Bulgaria, and Finland. This fact heightened fears that more EU countries could be hit.

The EU has been stockpiling gas mainly by a surge in LNG supplies in anticipation of possible disruptions. Moreover, EU gas consumption from the US hit record highs in the past few months.

*यहां पर लिखा गया बाजार विश्लेषण आपकी जागरूकता बढ़ाने के लिए किया है, लेकिन व्यापार करने के लिए निर्देश देने के लिए नहीं |

Andrey Shevchenko,
InstaForex के विश्लेषणात्मक विशेषज्ञ
© 2007-2022
Benefit from analysts’ recommendations right now
Top up trading account
Open trading account

InstaForex analytical reviews will make you fully aware of market trends! Being an InstaForex client, you are provided with a large number of free services for efficient trading.




  • ट्रेड वाइज़, विन डिवाइस
    कम से कम $500 के साथ अपने खाते में टॉप अप करें, कॉन्टेस्ट के लिए साइन अप करें और मोबाइल डिवाइस जीतने का मौका पाएं।
    कॉन्टेस्ट में हिस्सा लें
  • इंस्टाफॉरेक्स से फेरारी
    कम से कम $1,000 के साथ अपने खाते में टॉप अप करें
    कॉन्टेस्ट में शामिल हों और फेरारी F8 ट्रीबूटो
    जीतें
    कॉन्टेस्ट में हिस्सा लें
  • चैन्सी डिपॉजिट
    $3,000अपने खाते में जमा करें और $1,000 जीतें
    कॉन्टेस्ट में हिस्सा लें
  • 100% बोनस
    अपनी जमा राशि पर 100% बोनस प्राप्त करने का आपका अनूठा अवसर
    बोनस पायें
  • 55% बोनस
    अपनी प्रत्येक डिपॉजिट पर 55% बोनस के लिए आवेदन करें
    बोनस पायें
  • 30% बोनस
    हर बार खाता टॉप अप करने पर 30% बोनस प्राप्त करें
    बोनस पायें
अभी बात नहीं कर सकते?
अपना प्रश्न पूछें बातचीत.