The Dutch TTF prices are at lowest levels since the war started, with LNG trading at $704 per thousand cubic meters (still around 2x higher than the rates in 2022 January).
Can't you just cut with the bullshit?
First and first, nobody trades in Europe based on cubic meters and dollars!
All TTF futures are traded in Mw/€! All dutch TTF futures happen here:
https://www.theice.com/products/27996665/Dutch-TTF-Gas-Futures/data?marketId=5493476&span=2And futures prices in 2022 were 64€/Mw now they are 60!
European gas prices slump to 16-month lowDo you understand what 16 months mean? It's more than a year as a hint!
As for LNG, don't worry, US LNG is actually getting cheaper:
S&P Global Commodity Insights (SPGCI) assessed its daily Northwest Europe LNG Marker (NWM) price benchmark, for cargoes delivered in February on ex-ship (DES) basis, at $19.241/mmBtu on Jan. 12, a discount of $2.2/mmBtu to the February gas price at the Dutch gas TTF hub, according to Ciran Roe, global director of LNG.
As for our Iranian friend that is so concerned about gas in Europe, here is karma for you:
https://www.dw.com/en/iran-faces-gas-shortage-despite-vast-reserves/a-64395365The country is experiencing technical problems with gas production, the Petroleum Ministry has confirmed. Earlier this week, the oil minister warned people to conserve supplies. In an interview with the official Shana news agency, which covers the industry, he advised citizens to "dress warmer at home and reduce consumption: Those who use too much gas can expect to have their supply cut off.”
"Outrageous!" one young mother from Tehran told DW in response to the announcement. "In the last three or four years, we see the same theater every time there is a cold snap. Every snowfall paralyzes the country, when authorities and schools are closed to save energy."
This winter has been no exception: Since mid-December, government offices and schools in various provinces across the country of 84 million people have been closed for weeks at a time to save gas. Still, dressing warmer at home is unusual for the 37-year-old mother, as it is for many other Iranians, who are accustomed to having warm homes heated with cheap gas.
Natural Gas Shortage In Iran Shuts Schools, State OrganizationsIn the provinces of Mazandaran, Esfahan, Qazvin, East Azarbaijan, Alborz, Gilan, Qom and South Khorasan, offices, organizations, schools, and universities were shut down.
Amid this crisis, however, Iranian Oil Minister Javad Owji, went as far as asking people to report "suspicious cases of excessive gas consumption by neighbors" or "enemies' movements to disrupt the gas network" to the intelligence ministry or the IRGC intelligence.
And he still cares more about what a bakery in Strasbourg says rather than what the people of Strasbourg really care:
Thousands march to EU parliament in Strasbourg in support of Iran protesters