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posted by janrinok on Tuesday December 12 2017, @03:50PM   Printer-friendly
from the too-big-to-fail dept.

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.


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  • (Score: 2) by pkrasimirov on Wednesday December 13 2017, @08:53AM

    by pkrasimirov (3358) Subscriber Badge on Wednesday December 13 2017, @08:53AM (#609146)

    The emergency plan is to get all oil & coal powerplants running on 100%. I'm not aware if it's already in motion, I think 50% of Italy gas consumption still comes from gas reserves yet. Austria said it will get back to pumping gas in "days".

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