Russian Oil and Gas Industry: News #2

magnumcromagnon wrote:

Try-hard Poletards, Russian courts now have primacy over shit like this (your not getting paid), and top of that the pipe laying will be done with a Russian ship. Now Polski elites should run along, and coddle the legacies of their protected pederasts John Paul II and Roman Polansky!

owais.usmani wrote:Well the poles are saying they will seize Russian assets, so wouldn't they also try to seize this Russian pipe laying ship?

owais.usmani wrote:

magnumcromagnon wrote:

Try-hard Poletards, Russian courts now have primacy over shit like this (your not getting paid), and top of that the pipe laying will be done with a Russian ship. Now Polski elites should run along, and coddle the legacies of their protected pederasts John Paul II and Roman Polansky!

Well the poles are saying they will seize Russian assets, so wouldn't they also try to seize this Russian pipe laying ship?

owais.usmani wrote:

magnumcromagnon wrote:

Try-hard Poletards, Russian courts now have primacy over shit like this (your not getting paid), and top of that the pipe laying will be done with a Russian ship. Now Polski elites should run along, and coddle the legacies of their protected pederasts John Paul II and Roman Polansky!

Well the poles are saying they will seize Russian assets, so wouldn't they also try to seize this Russian pipe laying ship?

miketheterrible wrote:Someone should ask dumbass how exactly would Poland seize the ship? Cant do it in international waters as that is piracy and against UN laws. So how? They can't.  If they did so it's declaration of war.

So no, Poland won't even hint or attempt that.  All they will do is throw hissy fit like usual and demand other countries to seize Russian assets

kvs wrote:

miketheterrible wrote:Someone should ask dumbass how exactly would Poland seize the ship? Cant do it in international waters as that is piracy and against UN laws. So how? They can't.  If they did so it's declaration of war.

So no, Poland won't even hint or attempt that.  All they will do is throw hissy fit like usual and demand other countries to seize Russian assets

The UK seized an Iranian tanker in the Straits of Gibraltar in international waters on the pretext of US sanctions.   Piracy is nothing
new for the British.

The difference in this case is that Russia is militarily equal to the USA and NATzO.    So no declarations of war are going to made.
Poland's lickspittle role is to harass Russia.

PapaDragon wrote:
Currently almost touching Polish territorial waters (1km distance)

At this rate it will be entering Kaliningrad just in time for lunch

Germany to Make Decision on EU Gas Directive Waiver for Nord Stream 2 in 'Shortest Terms Possible'

The German Federal Network Agency (BNA) will make a final decision on providing Nord Stream 2 AG, the operating company of the Nord Stream pipeline, with a waiver from the provisions of the EU's anti-monopoly regulations, BNA representative Fiete Wulff said. He confirmed earlier reports that the BNA has sent out the project of its resolution to all involved parties and is awaiting their response with a deadline coming in a week.

The BNA representative has not commented on an earlier report by Germany's Handelsblatt newspaper claiming that the agency is planning to deny Nord Stream 2 AG a waiver. According to the newspaper, the BNA is planning to justify the decision by the fact that the pipeline will not be finished by 24 May – the final date for applying for waivers from the Third Energy Package. The pipeline, bridging Russian gas producers to Europe, was supposed to be finished in 2019, but the construction was delayed by Denmark's hesitance in giving a green light to laying a part of it within its waters.

Nord Stream 2 AG commented on the report, saying it would disagree with such a resolution if it's issued and would appeal it. Wulff noted that Nord Stream 2 AG would be able to appeal the BNA's ruling in court if needed.

https://sputniknews.com/europe/202005021079175651-germany-to-make-decision-on-eu-gas-directive-waiver-for-nord-stream-2-in-shortest-terms-possible/

Big_Gazza wrote:Clearly these NATOista whores have never heard of force majere?  Or more likely they have, but they think such legal defenses may only be employed by themselves and their satraps?

kvs wrote:   Russia is upgrading its port facilities in the far east to vastly increase regional LNG export capacity.

Russia’s Gazprom Moves Forward With New Mega Pipeline

The Russian gas export monopoly Gazprom has hit the wall with new European projects – Nord Stream 2 will be finished at some point in the second half of 2021, the exact route of TurkStream’s second line remains veiled in ambiguity and no other major gas importer voiced their interest in carrying out a new project. Thus, the only remaining prospect for growth lies in Eastern Asia and primarily China. Apart from a tangible gas market saturation in Europe, there are two main premises for a second-phase Gazprom expansion into China: its largely untapped Eastern Siberian gas reserves that would be very costly to move all across Russia onto European markets and the competitiveness of Russian pipeline gas on the Chinese market.

Gazprom’s current China-bound project, the 38 BCm per year Power of Siberia (PoS) pipeline, started up in December 2019. Surprisingly, the Russian firm halted gas exports via PoS mid-March for a (previously non-indicated) two-week maintenance which turned out to be an elegant way of circumventing the massive demand drop in China. Even with another round of maintenance announced for autumn, Gazprom should be able to meet its export target for 2020 – 5 BCm, rising steadily to 10 BCm per year in 2021 and 15 BCm in 2022. By 2025 Power of Siberia should reach its nominal capacity and it is the next step after that currently exercises the minds of Russian policy makers and gas traders alike.

The contours of the next major project have been emerging for some time already – the idea to construct Power of Siberia-2 (PoS-2) was flaunted already in the early 2010s, its purpose being of meeting the gas requirements of Western Chinese provinces via Mongolia. This late March Gazprom’s request of conducting a feasibility study for PoS-2 has found President Putin’s approval. The projected pipeline would have a throughput capacity of 50 BCm per year and would be traversing Russia’s Altay region before crossing over to Mongolia and Western China. The first thing that struck market observers was that at some point in early 2020 the capacity of Power of Siberia-2 was upgraded from a preliminary estimate of 30 BCm per year to an officially presented volume of 50 BCm per year.

The framework for Power of Siberia-2 (also known as the Altai pipeline) was laid down in 2015 when Gazprom and the Chinese state-owned company CNPC signed a preliminary gas supply deal, without specifying the technicalities of pricing. Given that Pos-1 pricing talks took a decade to conclude, the tardiness of PoS-2 negotiations is hardly surprising. Yet at the same time Russian authorities are betting heavily on it happening – the recently issued Energy strategy-2035 sees pipeline gas exports reaching 300 BCm per year by 2035, of which 80 BCm per year will go to China, with European pipeline exports effectively stalling for the next decade and half. It has to be noted that the Energy Strategy also surmises a “pessimistic scenario”, whereby Gazprom’s gas exports increase from 220 BCm in the base year of 2018 to 255 BCm per year in 2035, meaning a slight decline in European demand and Power of Siberia-1 remaining the only China-bound gas conduit, with no Pos-2 construction taking place.

Gazprom needs Power of Siberia-2 for many reasons. First of all, its immense 2P reserve base of 24.3 TCm (which keeps on increasing with time by 0.1-0.2 TCm in the last couple of years) compels it to act upon it whilst Eurasian economies still perceive natural gas as a bridging energy source and do not penalize its utilization. Second, China is the only easy-to-access market outlet whose demand for natural gas has still not peaked – once China reaches that stage, there remain only more adventurous and technologically complex variants (eg.: constructing a pipeline to South Korea, subsea or transiting North Korea). Thirdly, Gazprom might dovetail Pos-2 with one of its long-time ambitions – linking the gas transmission system of Russia’s Far East to the ones in Western Siberia and Europe. Given that still only 69 percent are connected to the federal gas transmission system, this would be a politically very useful objective.

There is one additional novelty in how Power of Siberia-2 would look like – namely, the inclusion of Mongolia as a transiting country. Heretofore Mongolia has neither produced nor imported natural gas, hence Gazprom could potentially enter a completely new market. This being said, as of today the main reason for including Mongolia lies in the possible bifurcation of the pipeline so that at least some part of it heads towards northeast China. In addition to the above listed commercial rationale, the agreement, as indicated during President Putin’s meeting with Mongolian Prime Minister Ukhnaagiin Khurelsukh in December 2019, might also turn out to be a stepping stone to something much more politically complex. Despite all the benefits that Russia might garner from Power of Siberia-2, Gazprom has to face an array of challenges that will seriously jeopardize its viability.

Above all others, there is the question of Chinese pipeline gas demand – the Western route (from the Chinese point of view) pits Gazprom against Central Asian producers, namely Kazakhstan and Turkmenistan, who already have a separate conduit to supply the Chinese market. The 55 BCm/year capacity Central Asia Gas Pipeline was utilized last year to the extent of 87 percent (47.9 BCm), with most of the delivered gas coming from Turkmenistan. China remains the main market outlet for Galkynysh production, therefore unwanted competition in the form of Gazprom vying for a place under the sun would be hardly welcome news for Ashgabat. Thus, it is not only competition against LNG that Gazprom ought to win but also deal with a China-dependent Turkmenistan, all this against the background of tough-as-usual Chinese price negotiations. At least things have started moving after a prolonged lull.

PapaDragon wrote:
And whaddya know, frigate Yaroslav Mudrii just happened to arrive in Kaliningrad at the same time as Akademik Cherskiy

Naive person might assume they were sailing along same route

https://sdelanounas.ru/blogs/132297/

JohninMK wrote:

PapaDragon wrote:
And whaddya know, frigate Yaroslav Mudrii just happened to arrive in Kaliningrad at the same time as Akademik Cherskiy

Naive person might assume they were sailing along same route

https://sdelanounas.ru/blogs/132297/

Well spotted. I'm sure that it was just a co-incidence that they got back around the same time.  

"A detachment of ships of the Baltic fleet consisting of the SKR "Yaroslav the Wise", the sea tug " Viktor Konetsky "and the tanker" Yelnya", performing planned tasks of a long-distance campaign, left the Military Harbor of Baltiysk on October 01, 2019 and set a course for the Indian ocean."

I spotted the tanker a bit late in the trip but the tug must have had its AIS switched off. Once they left the Channel the tanker moved on well ahead. Strange that the Royal Navy didn't seem to react, at least publicly, to Yaroslav Mudrii cruising up the Channel.

TheArmenian wrote:

JohninMK wrote:

PapaDragon wrote:
And whaddya know, frigate Yaroslav Mudrii just happened to arrive in Kaliningrad at the same time as Akademik Cherskiy

Naive person might assume they were sailing along same route

https://sdelanounas.ru/blogs/132297/

Well spotted. I'm sure that it was just a co-incidence that they got back around the same time.  

"A detachment of ships of the Baltic fleet consisting of the SKR "Yaroslav the Wise", the sea tug " Viktor Konetsky "and the tanker" Yelnya", performing planned tasks of a long-distance campaign, left the Military Harbor of Baltiysk on October 01, 2019 and set a course for the Indian ocean."

I spotted the tanker a bit late in the trip but the tug must have had its AIS switched off. Once they left the Channel the tanker moved on well ahead. Strange that the Royal Navy didn't seem to react, at least publicly, to Yaroslav Mudrii cruising up the Channel.

Well, the Royal Navy sent their frigate Kent to the Barents Seats for a cruise with 3 US Navy destroyers "to assert freedom of navigation and demonstrate seamless integration among allies".
I guess there was nothing left available in Portsmouth to "escort" the evil Yaroslavl Mudry.

https://www.yahoo.com/news/us-navy-sent-surface-ships-110913422.html