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by DoingIsLearning
1550 days ago
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This is fearmongering. How much of Europe's natural gas consumption is used as fertilizer feedstock? Europe has plenty of alternative gas sources from Algeria to Norway, all the way to LNG. The only benefit of Russia was geographic proximity to the baltic and central europe countries and their price point. The main reason Russia's gas made sense in Europe was the transition of Coal Plants to NG plants (which is itself a mistake in my view). With enough infrastructure investment, and now with the political will behind it, Central Europe and the Baltics can transition to electric heating alternatives and cut-off most domestic gas dependencies. |
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Norway looks to be a more stable source https://oilprice.com/Energy/Energy-General/The-Beginning-Of-...
But there was another source that I can't seem to find anymore that indicates that norway gas reserves are not that great.
edit: https://www.reuters.com/article/france-fertilizers-yara-intl... Fertilizer production was already hit by big gas prices, I think that cutting of russian gas won't help the situation.