Military Forum for Russian and Global Defence Issues
Austin wrote:
So total oil reserves including Conventional , Arctic and Shale should be around 56 billion tons of oil or around 400 billion barrel that is a conservative estimate for now.
owais.usmani wrote:Austin wrote:
So total oil reserves including Conventional , Arctic and Shale should be around 56 billion tons of oil or around 400 billion barrel that is a conservative estimate for now.
And this is just the oil minus the natural gas and condensate, or all the hydrocarbons?
kvs wrote:
Bulgaria can't control its back-stabbing urges. They are once again sabotaging the gas link to southern Europe from Turkstream.
Putin straight out accused the Bulgarian regime of pulling another South Stream farce.
Now, you can ask why did Russia engage with these Bulgarian clowns after they f*cked over South Stream. And your question
would be quite correct. Seems like Russian diplomacy is way too generous. But at least this way the world can see that
Bulgaria didn't just make a one-time mistake with South Stream. It is a two-faced agent of the USA that is trying to sabotage
Russian gas exports to Europe.
Also this ridiculous stance that Gazprom has to use banderistan pipelines. Let´s say VW sells cars to customers in Spain and uses the french train company to deliver then and at one point deceides that it is cheaper to use ships, would someone scream foul and insist that VW keeps using the french train company? Nope!
GarryB wrote:Also this ridiculous stance that Gazprom has to use banderistan pipelines. Let´s say VW sells cars to customers in Spain and uses the french train company to deliver then and at one point deceides that it is cheaper to use ships, would someone scream foul and insist that VW keeps using the french train company? Nope!
Especially if that train company was known to be stealing VWs being sent for other customers and claiming them for themselves for cars they ordered but did not pay for...
The financial state of the Ukraine is its own doing and Gazprom is not responsible for bailing them out.
I rather suspect the gas network in the Ukraine is a bit run down with little to no maintenance anyway... it wouldn't be worth much because of the costs of upgrades needed to make it reliable and efficient...
What with Gas discounts and the costs of Fracking... the US really is a shadow of what it used to be...
JohninMK wrote: Moscow will seek a mutually acceptable solution in the gas transit dispute with Kiev, Russian President Vladimir Putin said on Thursday.
“I think we will find an agreement with Ukraine on gas,” he said during his press conference, adding “there’s no desire to escalate this situation with energy.”
According to the president, Russian gas transit through Ukraine will continue despite the construction of alternative pipelines because Moscow itself is interested in keeping the route.
Putin also called the Stockholm court’s ruling, which awarded the Ukrainian side $3 billion in the gas dispute with Russia, “politically motivated.”
Justifying the decision by referring to the difficult economic situation in Ukraine is nonsense, Putin added.
https://www.rt.com/business/476290-putin-ukraine-gas-discount/?utm_source=browser&utm_medium=aplication_chrome&utm_campaign=chrome
Austin wrote:Russia’s crude oil output could surpass 12 million bpd by 2035
https://www.rt.com/business/476181-russia-oil-output-growth/
Why Russia Agreed To Deeper OPEC+ Output Cuts
https://oilprice.com/Energy/Crude-Oil/Why-Russia-Agreed-To-Deeper-OPEC-Output-Cuts.html
Russia gas export pipeline in jeopardy as Trump signs sanctions bill
WASHINGTON (Reuters) - Swiss-Dutch company Allseas said it had suspended work on building a major Russia-to-Germany natural gas pipeline in order to avoid U.S. sanctions contained in legislation signed by President Donald Trump on Friday.
The move throws into doubt the completion date of the $11 billion project that Moscow had said would be ready in months, jeopardizing plans to quickly expand Russian sales of natural gas to Europe via pipeline.
The participation of privately-held Allseas, a specialist in subsea construction and laying underwater pipeline, is integral to the completion of Nord Stream 2, led by Russia’s state energy company Gazprom.
“In anticipation of the enactment of the National Defense Authorization Act (NDAA), Allseas has suspended its Nord Stream 2 pipelay activities,” the company said in a statement dated Dec. 21, seen by Reuters shortly before Trump signed the bill.
“Allseas will proceed, consistent with the legislation’s wind down provision and expect guidance comprising of the necessary regulatory, technical and environmental clarifications from the relevant US authority.”
The annual national defense policy bill contains legislation, first sponsored by Republican Senator Ted Cruz and Democratic Senator Jeanne Shaheen, imposing sanctions on companies laying pipe for the project that will double the pipeline’s capacity to Germany.
The bill calls on the administration to identify companies working on the project within 60 days to trigger the sanctions. That report will likely be completed faster than that, however, meaning the sanctions could be triggered earlier than expected, two U.S. senior officials told Reuters.
Nord Stream 2 would allow Russia to bypass Ukraine and Poland to deliver gas under the Baltic Sea to Germany.
Gazprom is taking on half of the project’s planned costs and the rest is divided between five European energy companies: Austria’s OMV, Germany’s Uniper and Wintershall, Royal Dutch Shell and France’s Engie.
The Trump administration, like the Obama administration before it, opposes the project on the grounds it would strengthen Russian President Vladimir Putin’s economic and political grip over Europe. Russia has cut deliveries of the fuel to Ukraine and parts of Europe in winter during pricing disputes.
“We have a degree of consistency, over a decade of opposing this issue, across presidential administrations,” one of the U.S. officials said.
The United States has become the world’s top oil and gas producer in recent years and is aggressively trying to sell the products abroad. The Trump administration has touted U.S. liquefied natural gas as “freedom gas” that gives Europe an alternative to Russian supply.
Washington says that Nord Stream 2 would also likely deprive Ukraine of billions of dollars in gas transit fees.
Germany says it needs the gas as it weans itself off coal and nuclear power.
PhSt wrote:
Russia gas export pipeline in jeopardy as Trump signs sanctions bill
WASHINGTON (Reuters) - Swiss-Dutch company Allseas said it had suspended work on building a major Russia-to-Germany natural gas pipeline in order to avoid U.S. sanctions contained in legislation signed by President Donald Trump on Friday.
The move throws into doubt the completion date of the $11 billion project that Moscow had said would be ready in months, jeopardizing plans to quickly expand Russian sales of natural gas to Europe via pipeline.
The participation of privately-held Allseas, a specialist in subsea construction and laying underwater pipeline, is integral to the completion of Nord Stream 2, led by Russia’s state energy company Gazprom.
“In anticipation of the enactment of the National Defense Authorization Act (NDAA), Allseas has suspended its Nord Stream 2 pipelay activities,” the company said in a statement dated Dec. 21, seen by Reuters shortly before Trump signed the bill.
“Allseas will proceed, consistent with the legislation’s wind down provision and expect guidance comprising of the necessary regulatory, technical and environmental clarifications from the relevant US authority.”
The annual national defense policy bill contains legislation, first sponsored by Republican Senator Ted Cruz and Democratic Senator Jeanne Shaheen, imposing sanctions on companies laying pipe for the project that will double the pipeline’s capacity to Germany.
The bill calls on the administration to identify companies working on the project within 60 days to trigger the sanctions. That report will likely be completed faster than that, however, meaning the sanctions could be triggered earlier than expected, two U.S. senior officials told Reuters.
Nord Stream 2 would allow Russia to bypass Ukraine and Poland to deliver gas under the Baltic Sea to Germany.
Gazprom is taking on half of the project’s planned costs and the rest is divided between five European energy companies: Austria’s OMV, Germany’s Uniper and Wintershall, Royal Dutch Shell and France’s Engie.
The Trump administration, like the Obama administration before it, opposes the project on the grounds it would strengthen Russian President Vladimir Putin’s economic and political grip over Europe. Russia has cut deliveries of the fuel to Ukraine and parts of Europe in winter during pricing disputes.
“We have a degree of consistency, over a decade of opposing this issue, across presidential administrations,” one of the U.S. officials said.
The United States has become the world’s top oil and gas producer in recent years and is aggressively trying to sell the products abroad. The Trump administration has touted U.S. liquefied natural gas as “freedom gas” that gives Europe an alternative to Russian supply.
Washington says that Nord Stream 2 would also likely deprive Ukraine of billions of dollars in gas transit fees.
Germany says it needs the gas as it weans itself off coal and nuclear power.
Why Russia still doesn’t have the “Know how” to build these pipelines until now is a big blunder on their part. Russia needs to steal Allseas pipeline technology and build the remaining part of the project on their own. Allseas can bitch all they want but it is the price to pay for double crossing Russia and submitting to America like a subverbient whore
Karl Haushofer wrote:In retrospect the biggest mistake Russia did was to start the Nord Stream 2 project without possessing the technology to complete the project and relying on the Western technology. This made Nord Stream 2 and Russia vulnerable for the sanctions and this vulnerability was exploited.
Will Russia learn and not start any major project in the future without having the means to complete the project itself without relying on the West? I doubt it.
Home
Latest images
Register
Log in
flamming_python