South Stream pipeline: News

Even is SS went ahead, the current 3rd Package is mind-blowing, Russia's GP builds its pipeline, but can't own it. EU logic.

This is a nice tautological in which the EU excels. Look at current migrant crisis. I was screaming from the top of my lungs that hitting Libya would cause MORE issues for Italy back in the day. 4 years later here we are...

These self-fulfilled prophecies are all too common.

Backs Ukraine in Gas Row theft, Russia isn't a reliable supplier. Well Russia halves the volume.
Deals with Oligarchs in Ukraine, Russia is twisting Ukraine's arm. Well Russia proposes hard cash.
Backs "moderates" in Syria, Assad is keeping the conflict going increasing the risk for Terrorist attacks. Well you have Charlie Hebdo etc.

We can go on like this forever.

KoTeMoRe wrote:Even is SS went ahead, the current 3rd Package is mind-blowing, Russia's GP builds its pipeline, but can't own it. EU logic.

This is a nice tautological in which the EU excels. Look at current migrant crisis. I was screaming from the top of my lungs that hitting Libya would cause MORE issues for Italy back in the day. 4 years later here we are...

These self-fulfilled prophecies are all too common.

Backs Ukraine in Gas Row theft, Russia isn't a reliable supplier. Well Russia halves the volume.
Deals with Oligarchs in Ukraine, Russia is twisting Ukraine's arm. Well Russia proposes hard cash.
Backs "moderates" in Syria, Assad is keeping the conflict going increasing the risk for Terrorist attacks. Well you have Charlie Hebdo etc.

We can go on like this forever.


 

The west is a self serving and endless loop of creating problem and then pretending it is someone else to blame. US,NATO and their puppet states are nothing else but a Mafia that starts to terrorize you as soon you turn down its first offer for protection, against a "small fee" of course.

Werewolf wrote:

KoTeMoRe wrote:Even is SS went ahead, the current 3rd Package is mind-blowing, Russia's GP builds its pipeline, but can't own it. EU logic.

This is a nice tautological in which the EU excels. Look at current migrant crisis. I was screaming from the top of my lungs that hitting Libya would cause MORE issues for Italy back in the day. 4 years later here we are...

These self-fulfilled prophecies are all too common.

Backs Ukraine in Gas Row theft, Russia isn't a reliable supplier. Well Russia halves the volume.
Deals with Oligarchs in Ukraine, Russia is twisting Ukraine's arm. Well Russia proposes hard cash.
Backs "moderates" in Syria, Assad is keeping the conflict going increasing the risk for Terrorist attacks. Well you have Charlie Hebdo etc.

We can go on like this forever.


 

The west is a self serving and endless loop of creating problem and then pretending it is someone else to blame. US,NATO and their puppet states are nothing else but a Mafia that starts to terrorize you as soon you turn down its first offer for protection, against a "small fee" of course.

Never call malice when stupidity and ineptitude will do.

KoTeMoRe wrote:

Werewolf wrote:

KoTeMoRe wrote:Even is SS went ahead, the current 3rd Package is mind-blowing, Russia's GP builds its pipeline, but can't own it. EU logic.

This is a nice tautological in which the EU excels. Look at current migrant crisis. I was screaming from the top of my lungs that hitting Libya would cause MORE issues for Italy back in the day. 4 years later here we are...

These self-fulfilled prophecies are all too common.

Backs Ukraine in Gas Row theft, Russia isn't a reliable supplier. Well Russia halves the volume.
Deals with Oligarchs in Ukraine, Russia is twisting Ukraine's arm. Well Russia proposes hard cash.
Backs "moderates" in Syria, Assad is keeping the conflict going increasing the risk for Terrorist attacks. Well you have Charlie Hebdo etc.

We can go on like this forever.


 

The west is a self serving and endless loop of creating problem and then pretending it is someone else to blame. US,NATO and their puppet states are nothing else but a Mafia that starts to terrorize you as soon you turn down its first offer for protection, against a "small fee" of course.

Never call malice when stupidity and ineptitude will do.

But you have to admit that in the case of the EU, it is acting systematically to undermine its own interests to please Uncle Sam.
I just don't see Ukraine being any sort of reason for a new cold/hot war on Russia. Ukraine had a legitimately elected government
(according to the OSCE) and it is the EU and US support for the illegal coup regime that is grotesque and worthy of international
condemnation.

If the EU was stupid it would not be trying this hard to disgrace itself. It would make blunders, but not the very select ones we
are seeing.

kvs wrote:

KoTeMoRe wrote:

Werewolf wrote:

KoTeMoRe wrote:Even is SS went ahead, the current 3rd Package is mind-blowing, Russia's GP builds its pipeline, but can't own it. EU logic.

This is a nice tautological in which the EU excels. Look at current migrant crisis. I was screaming from the top of my lungs that hitting Libya would cause MORE issues for Italy back in the day. 4 years later here we are...

These self-fulfilled prophecies are all too common.

Backs Ukraine in Gas Row theft, Russia isn't a reliable supplier. Well Russia halves the volume.
Deals with Oligarchs in Ukraine, Russia is twisting Ukraine's arm. Well Russia proposes hard cash.
Backs "moderates" in Syria, Assad is keeping the conflict going increasing the risk for Terrorist attacks. Well you have Charlie Hebdo etc.

We can go on like this forever.


 

The west is a self serving and endless loop of creating problem and then pretending it is someone else to blame. US,NATO and their puppet states are nothing else but a Mafia that starts to terrorize you as soon you turn down its first offer for protection, against a "small fee" of course.

Never call malice when stupidity and ineptitude will do.

But you have to admit that in the case of the EU, it is acting systematically to undermine its own interests to please Uncle Sam.
I just don't see Ukraine being any sort of reason for a new cold/hot war on Russia.   Ukraine had a legitimately elected government
(according to the OSCE) and it is the EU and US support for the illegal coup regime that is grotesque and worthy of international
condemnation.

If the EU was stupid it would not be trying this hard to disgrace itself.   It would make blunders, but not the very select ones we
are seeing.

Ukraine was a worthy goal for the EU. If they could have made it bloodless like in 2004, in the short term that would have sticked. Unfortunately they had no idea of the forces they released and who they were dealing with. So far Ukraine is in direct contest with Syria for journalists killed. Nevermind freedom of press etc.

On medium to long term this would have been a Georgia rerun on steroids. With Crimea as staging ground. So yes, this is stupidity and demagogy catching up with European Leadership.

Think about Libya. That was even more predictable and went even worse...and now they cry about the immigrants. Clearly this is Stupidity at work.

http://russia-insider.com/en/eu-versus-gazprom-battle-intensifies-gazprom-looks-set-cut-deal-greece/5968

Nice analysis piece on the latest EU attack on Gazprom.

kvs wrote:
Nice analysis piece on the latest EU attack on Gazprom.

Same thing as always... Sanctions will get dished out, europeans will pay them out of their pocket in a way or another.

KoTeMoRe wrote:

kvs wrote:
Nice analysis piece on the latest EU attack on Gazprom.

Same thing as always... Sanctions will get dished out, europeans will pay them out of their pocket in a way or another.

The solution is to bring Sinopec/PetroChina/CNPC as a partner in the Turkish Stream (China is making a drive for great relations with Turkey anyway) with with additional Chinese soft power should work wonders in the EU. One only needs to see the effect in process with the current founding of the AIIB bank, despite major pressure from America and Japan, the majority of the EU nation states immediately applied to be a founding member. Have the AIIB plus, the Silk Road initiative partially finance the Turkish Stream which should help remind the Eurogarchs to think twice before force feeding the project with a frivolous lawsuit.

"Gas pipes worth 1.8 billion euros ($1.95 billion) are to be left stranded on the shores of the Black Sea after Russia's decision to suspend work on the Turkish Stream pipeline, a potent symbol of Moscow's falling out with Ankara. Russia has set out to punish Turkey after it shot down a Russian warplane in Syria last week, imposing trade sanctions and releasing data it claims proves Turkish President Tayyip Erdogan is involved in illegal oil deals with Islamic State. Russian Energy Minister Alexander Novak told reporters on Thursday work on Turkish Stream, a pipeline intended to pump Russian gas into southeastern Europe via Turkey while bypassing Ukraine, had been suspended.

Shortly afterwards, the head of Italian oil major Eni (ENI.MI), slated as one of the main buyers for the pipeline's gas, said the project was dead in the water. The decision leaves Russian energy giant Gazprom (GAZP.MM) with miles of pipes only useable in the Black Sea. It ordered pipes from as far afield as Japan and Germany for the 2,400-kilometre (1,491-mile) South Stream pipeline, originally slated to open in 2018, which were then reassigned to Turkish Stream after the project was axed. Industry sources said the pipes can only be used for projects in the Black Sea because of their specialized construction. Gazprom will now be forced to put the pipes in storage until tensions between Moscow and Turkey subside.

"These pipes were calibrated for a specific environment, pressure and capacity," said one source in the pipe-making industry. "Accordingly, they are only suitable for underwater pipelines in the Black Sea. Gazprom was not available for comment.

ABORTED PREDECESSOR

Although freezing work on Turkish Stream is largely symbolic - it has long been beset by delays and doubts over its viability - the financial implications for Gazprom are very real. Sberbank analyst Valery Nesterov said Gazprom has spent between $12-14 billion on Turkish Stream and its aborted predecessor South Stream, which was abandoned last year in the face of European Union opposition and heightened tensions over the Ukraine crisis. Questions have also been raised over the planned Nord Stream pipeline to Germany after a group of 10 European governments published a letter saying the project ran counter to European Union interests and risked destabilizing Ukraine.

"Again, the company is rapidly building a pipeline which might not be needed," said Nesterov. Russia is one of the world's largest steel pipe producers, second only to China, and has the capacity to turn out more than 3 million tonnes of the large-diameter pipes typically used in major energy projects every year. Russia's largest pipe maker, TMK (TRMK.MM), said Turkish Stream could be revived in the future. "Turkish stream, as a project, is not completely finished," said TMK Vice-President Vladimir Shmatovich. "Maybe in a year or two, when the tension decreases, it will be realized," he said. "But the pipes could lie on the ground for 50 years."


Source: http://www.reuters.com/article/2015/12/03/us-mideast-crisis-russia-turkey-pipes-idUSKBN0TM20M20151203#irCQVsf9dcTWRYwq.99"

Renewal of South Stream?

http://sputniknews.com/europe/20160111/1032941361/bulgaria-south-stream-talks.html#ixzz3wwPS0sgX

http://www.rbc.ru/business/31/01/2016/56abb5af9a7947eecfb7910b

The Italian construction company Saipem is suing Gazprom for 759 million euro for "damages" due to the cancellation
of South Stream. These f*ckers should sue the Brussels deciders who imposed rules on South Stream that would
effectively mean that Gazprom does not own it even though it paid for it.

I hope Russia does no more business with Saipem.

kvs wrote:http://www.rbc.ru/business/31/01/2016/56abb5af9a7947eecfb7910b

The Italian construction company Saipem is suing Gazprom for 759 million euro for "damages" due to the cancellation
of South Stream.   These f*ckers should sue the Brussels deciders who imposed rules on South Stream that would
effectively mean that Gazprom does not own it even though it paid for it.  

I hope Russia does no more business with Saipem.    

Worst part is that they might actually win... Sue fkn Bulgaria for bailing out or something creative like that, what da hell Gazprom has to do with a whole thing. Logic at its finest.

Gazprom could sue Bulgaria or Brussels in return.  Which then may force the Italian company to back down.

sepheronx wrote:Gazprom could sue Bulgaria or Brussels in return.  Which then may force the Italian company to back down.

Nope actually the Italians want some crumbs, and are trying to get them fast before anyone looks around. Also Force Majeure works exactly as it is in this case. My only worry is actually if Gazprom had contracted for a guaranteed margin with Saipem.

That would suck but oh well.  Guess lessons learned?  Maybe Johnny is right, they may want some of the nord 2 stream pie?

Hahahahaha ... now with the resurrection of the Turkish Stream here comes right back from the dead South Stream

Putin demanded that Bulgaria concrete guarantees for the "South Stream"