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Explosion in Baumgarten (Austria) gas transit plant, russian gas delivery halted for Austria, Slovakia, Hungary, Slovenia, and Croatia. Italy declares energy crisis. Gas price in Europe jumps ~20%. Crude oil futures rise too.
* https://www.youtube.com/watch?v=IMyiQtm56co (far away video)
* http://www.telegraph.co.uk/news/2017/12/12/least-one-killed-18-injured-explosion-austrian-gas-plant/
* https://www.express.co.uk/news/world/891284/Austria-gas-plant-blast-Europe-energy-crisis-fuel-shortages-Italy-state-emergency
* https://www.bloomberg.com/news/articles/2017-12-12/u-k-gas-surges-after-explosion-in-austria-tightens-supply
UPDATE from: http://www.bbc.com/news/world-europe-42321217
Police have cordoned off the area. Some victims suffering burns have been airlifted out by helicopter, Austrian ORF news reports.
One unconfirmed report spoke of 60 hurt.
"I heard a huge explosion and thought at first it was a plane crash," photographer Thomas Hulik, who lives in a nearby village in Slovakia, told AFP news agency. "Then I saw an immense ball of flame."
Gas Connect said the incident should have no effect on gas deliveries to Austria but those to Italy and Croatia might be reduced.
Meanwhile, Russia's Gazprom Export said it was working to redirect gas flows.
It said it was "doing everything possible to secure uninterrupted gas supplies" to customers in the region.
Spot prices rose sharply across Europe after the incident.
(Score: 0) by Anonymous Coward on Tuesday December 12 2017, @06:09PM (4 children)
Why don't they just get their American friends to bail them out with liquid gas shipments. It's not like the Russians were important to them, the way the US satellites in Europe have been pissing on them in every arena.
(Score: 2) by bob_super on Tuesday December 12 2017, @06:20PM (1 child)
The Italians would really like a time machine to go back and prevent the fall of the friendly stable dictator of Lybia, who was providing energy and preventing migrations.
He even gave up nukes and bought weapons. What a nice guy!
(Score: 3, Interesting) by c0lo on Tuesday December 12 2017, @07:28PM
Yeah, how convenient for a certain country. Not only got rid of a dictator who started to move away from petrodollars [foreignpolicyjournal.com], but also created a host of problems for its own allies.
Because we are powerful enough if others aren't weak enough, right?
https://www.youtube.com/watch?v=aoFiw2jMy-0 https://soylentnews.org/~MichaelDavidCrawford
(Score: 0) by Anonymous Coward on Tuesday December 12 2017, @08:10PM (1 child)
Whatever you're buying, if you don't have another option - you're Doing It Wrong.
(Score: 2) by Bot on Wednesday December 13 2017, @12:42AM
Honey, this is Italy. It's a wonder we managed to get ONE supplier.
Account abandoned.