MAY 2.78% 3.5¢ melbana energy limited

Amazing how everybody thinks that Gas is a problem for Europe....

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  1. 3,528 Posts.
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    Amazing how everybody thinks that Gas is a problem for Europe.
    It certainly was a problem, earlier in the year when the FT came out with the article - suggesting that there was no Gas in the market to cover demand if Russia stopped supplies.

    USA now number ONE LNG exporter.
    Biden haters avoiding that topic.
    U.S. becomes top LNG exporter in first half of 2022 - EIA

    Norway now providing 3 times the amount of Gas at around 30% to Europe than Russia now 10%. Reuters article.

    New Gas pipeline to Poland removing the need for any gas from Russia.
    Baltic Pipe: Norway-Poland gas pipeline opens in key move to cut dependency on Russia

    The energy transition is happening, (with some distraction this year with the scramble to secure Gas for Europe) and there is a lot of coin to be made for investors in the renewable energy sector.

    Zapato, still holding on, MAY selloff a bit exaggerated, I think?
 
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