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But i would say that the markets are very fragile so we can see that with a little bit of news from somewhere in the world for lng supplies or the likes, the market will react very quickly, prices can jump very quickly up. and we have seen that recently in the nordics, as well. a little bit of disruption in transmission line availability, nuclear availability, and so on. prices canjump up massively, from close to zero, up to several hundred euros per megawatt hour. and markus, let me end on this has europe done enough to keep the lights on this winter? europe has certainly done a lot. so, ithink, looking back, i m a little bit positively surprised that europe was able to do as much as it did then to convert from partly being reliant on supplies from the east, to actually imported lng. and if you look at the gas storage levels in europe now, actually, they are already over 90%. so, from the gas supply point of view, things look quite robust ....
A little bit of news from somewhere in the world for lng supplies or the likes, the market will react very quickly, prices can jump very quickly up. and we have seen that recently in the nordics, as well. a little bit of disruption in transmission line availability, nuclear availability, and so on prices can jump up massively, from close to zero up to several hundred euros per megawatt hour. and markus, let me end on this has europe done enough to keep the lights on this winter? europe has certainly done a lot. so, ithink, looking back, i m a little bit positively surprised that europe was able to do as much as it did then to convert from partly being reliant on supplies from the east, to actually imported lng. and if you look at the gas ....
Massively, from close to zero up to several hundred euros per megawatt hour. and markus, let me end on this has europe done enough to keep the lights on this winter? europe has certainly done a lot. so, ithink, looking back, i m a little bit positively surprised that europe was able to do as much as it did then to convert from partly being reliant on supplies from the east, to actually imported lng. and if you look at the gas storage levels in europe now, actually, they are already over 90%. so, from the gas supply point of view, things look quite robust for this coming winter. but again, even with these gas storage levels, you can see that a little bit of bad news from any direction immediately impacts the closer gas prices. well, on that point, markus rauramo, ....
Markus rauramo, a real pleasure having you on the show. and markus, let s start with this, because before the war, you had operations in russia that were valued at around $2 billion then russia invaded ukraine. markus, what happened to your operations in russia after that invasion? immediately when russia started its attack war in ukraine, we took the decision that we will not finance our russian operations any more, we will not take any new investment decisions. quite soon after that, we came to the conclusion that we have no other alternative than to exit russia. so we started a divestment process which is still going on. a couple of months back, actually, russia took over administrative control of our operations in russia, changed the ceo. and today, we have no access to information from the company, and we have no access to the cash flows. we don t get loan repayments from russia. and what happened after that is that we have written down, actually, ....