At present, a large amount of liquefied natural gas from the United States is being exported to Europe, and the energy giants are making huge profits. According to the data disclosed by the American business insider network, in August this year, every LNG ship of American companies sailing to Europe can earn huge profits of more than 654.38 billion US dollars. In this regard, some European media commented that the United States disguised as a "savior" and made huge profits by selling natural gas to European countries.
It is worth noting that Wall Street bosses are increasingly warning about the collapse of the US real estate market. Recently, John Paulson, the "Wall Street Empty God", warned that American house prices may plummet again. In addition, Barry Stern Licht Xite, a billionaire in the US real estate industry and former CEO of Starwood Group, also believes that the aggressive interest rate hike by the Federal Reserve may lead to a great recession and a "serious collapse" in the US real estate market.
A rare scene happened in Europe.
According to CCTV news reports, on September 27th, local time, the "Beixi-1" natural gas pipeline suddenly leaked in two places, one in Denmark and the other in Sweden. It is reported that although the two leaks are located in the exclusive economic zones of Sweden and Denmark, they are actually very close, both in the northeast of Bornholm Island in Denmark.
In addition, Denmark reported later on 26th that the Nord Stream 2 natural gas pipeline passing through the southeast of the island also leaked, and the Danish Energy Agency confirmed that three leaks were detected in the Beixi-1 and Beixi -2 natural gas pipelines.
On the same day, the German Federal Ministry of Economic Affairs also said that the pressure of the "Beixi-1" natural gas pipeline dropped. At present, an investigation is under way, and the reason for the pressure drop is still unclear.
Klaus Miller, director of the Federal Network Bureau of the German energy regulatory agency, said that the pressure drop of the "Beixi-1" and "Beixi -2" pipelines that day highlighted the "tension".
Subsequently, NordStreamAG, which is responsible for operating the "Beixi" natural gas pipeline, issued a statement saying that the three branches of the Beixi natural gas pipeline suffered "unprecedented" damage at the same time, and the degree of damage was unprecedented. It is unpredictable when the gas supply will be resumed, and the reason is being investigated.
This means that these two natural gas "arteries" may not have operating conditions before the arrival of winter in Europe.
The uncertainty of Russian natural gas supply has once again ignited market tension. On September 27th, European benchmark natural gas futures prices soared by more than 20%.
On September 27th, the World Wide Web quoted Sputnik news agency & radio as saying that the situation of the "Beixi" natural gas pipeline project is related to the energy security of the whole European continent.
It is reported that "Beixi-1" and "Beixi -2" natural gas pipelines are two pipelines that transport natural gas from Russia to Germany in parallel, with a total length of more than 1000 km, and transport natural gas from Russia to Germany through the territorial waters of Finland, Sweden and Denmark. Before the conflict between Russia and Ukraine broke out, Beixi 1 could supply 55 billion cubic meters of natural gas to western European countries every year.
At present, the "Beixi -2" pipeline has not been put into use after its completion, and the "Beixi-1" pipeline has also suspended gas transmission to Germany for maintenance, but both pipelines are filled with natural gas. Due to the danger of explosion, the Swedish and Danish maritime safety authorities require ships to stay away from the leakage point for at least 5 nautical miles.
It is worth noting that after the closure of Beixi natural gas pipeline, many European natural gas purchasing companies that signed contracts with Gazprom experienced a decrease in supply, including Austrian oil and gas company OMV, Italian oil and gas company ENI, German oil and gas companies Uniper and RWE.
At present, Russia has cut off natural gas supply to Bulgaria, Poland, Finland, Danish supplier Orsted, Dutch company Gasterra and Shell.
Beixi natural gas pipeline is the focus of European energy game. Three leaks occurred in one day, which undoubtedly attracted the attention and heated discussion of the market. Some analysis comments 1 are accidental, two are coincidences and three are caused by the enemy.
American energy giants are making money like crazy.
Before the conflict between Russia and Ukraine broke out, the gas in the EU was highly dependent on Russia. According to the data of the International Energy Agency, in 20021year, the EU imported 654.38+055 billion cubic meters of Russian natural gas, accounting for 45% of the EU's total natural gas imports and 40% of the EU's total natural gas consumption.
Affected by the Ukrainian crisis, the EU plans to reduce Russian natural gas imports by about 654.38 billion cubic meters by the end of this year, a decrease of nearly two-thirds.
According to the data of the European Commission, since March 2022, due to the sanctions imposed by EU countries on Russia and the diversification of natural gas import sources, the global LNG exports to Europe increased by 75% year-on-year, most of which came from the United States, and the US LNG exports to the EU almost tripled.
Such a huge natural gas import gap naturally brings excellent opportunities for American energy giants to make money.
According to the Russian newspaper Kommersant, American LNG is flooding into Europe, and the price difference between European and American natural gas markets once reached a record 10, which made American suppliers gain unprecedented profits.
In addition, according to the data disclosed by American Business Insider in August, American companies can earn huge profits of more than $654.38 billion per LNG ship bound for Europe. Laurent Segren, an energy expert, said that American energy suppliers filled LNG ships at a cost of about $60 million, and the price soared to $275 million after arriving in Europe.
Blick, a Swiss newspaper, once published an article bluntly saying that the United States disguised itself as a "savior" and made huge profits by selling natural gas to European countries.
According to data from the International Energy Agency, in June this year, the amount of natural gas transported from the United States to Europe exceeded that from Russia. In addition, Platts energy information data shows that the capacity utilization rate of LNG plants in the United States has been maintained at a high level since late June.
In order to ensure the energy supply in winter, the amount of natural gas purchased by European countries from the United States is still increasing.
"Wall Street Empty God" issued a warning
After the U.S. stock market crash, Wall Street bosses' warnings about the collapse of the U.S. property market became more and more intensive.
Recently, JohnPaulson, a billionaire investor who accurately predicted the bursting of the real estate bubble in 2008, warned that the US real estate market may be a bit bubbly. Stimulated by the Fed's aggressive interest rate hike, house prices may plummet again, but it will not lead to the collapse of the financial system.
It should be pointed out that in the American subprime mortgage crisis in 2008, Paulson made a big profit of $654.38+0.5 billion by shorting $25 billion in mortgage securities, and became famous on Wall Street in World War I, winning the titles of "Wall Street Empty God" and "First Hedge Fund". His short trading is also recorded in the book The Greatest Trading in History.
Not long ago, BarrySternlicht, a billionaire in the US real estate industry and former CEO of Starwood Group, also warned that the US economy is "slamming on the brakes", and the aggressive interest rate hike by the Federal Reserve will lead to a great recession, and the US real estate market may have a "serious collapse".
Sternlicht further pointed out that at present, the sales of new houses in the United States have reached the lowest level since 1952, and the United States is about to face the collapse of the real estate market and the decline in house prices.
In fact, at present, the real estate market in the United States has shown signs of fatigue. The average housing in the United States hit 20 1 1 the biggest decline since August. According to Zillow's latest report, after falling by 0. 1% in July, the value of American houses continued to fall by 0.3% in August. Among them, the value of houses in San Francisco, Los Angeles and other places fell the most, falling by more than 3% in a single month.
With the Federal Reserve raising interest rates to reduce inflation, the mortgage interest rate in the United States has continued to rise this year, and the cost of buying a house has also increased, which has directly hit the demand of the US real estate market.
Another data released by the American Association of Builders (NAHB) shows that the confidence index of American builders fell for the ninth consecutive month in September, setting the longest losing streak since 1985 recorded data.
Specifically, the US NAHB real estate market index in September was 46, the lowest since May 2020, with an expected value of 47 and a previous value of 49. The traffic index of potential buyers has dropped to the lowest level since May 2020.
This is also the most serious decline in confidence in the US property market after the subprime mortgage crisis. RobertDietz, chief economist of NAHB, warned that the recession in the US housing market showed no signs of abating as the Federal Reserve continued to raise interest rates sharply.
On September 26th, local time, suzanne collins, the newly appointed president of the Boston Federal Reserve, said in his first policy address that he was paying close attention to the US real estate market and saw that the rising trend of house prices had slowed down. The credibility of the Federal Reserve is a key factor to maintain the stability of long-term inflation expectations.
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