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JohninMK
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medo
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38 posters
Russian Oil and Gas Industry: News #2
Hole- Posts : 11116
Points : 11094
Join date : 2018-03-25
Age : 48
Location : Scholzistan
- Post n°801
Re: Russian Oil and Gas Industry: News #2
https://www.stalkerzone.org/nord-stream-2-is-being-imperceptibly-completed-the-cunning-plan-of-russia-and-germany-has-actually-been-implemented/
kvs- Posts : 15850
Points : 15985
Join date : 2014-09-11
Location : Turdope's Kanada
- Post n°802
Re: Russian Oil and Gas Industry: News #2
Hole wrote:https://www.stalkerzone.org/nord-stream-2-is-being-imperceptibly-completed-the-cunning-plan-of-russia-and-germany-has-actually-been-implemented/
Sounds like fantasy fiction. We'll see.
George1- Posts : 18514
Points : 19019
Join date : 2011-12-23
Location : Greece
- Post n°803
Re: Russian Oil and Gas Industry: News #2
Gazprom Neft still interested in market of Iraqi Kurdistan
The company’s production in the Iraqi Kurdistan has reached 4 mln tonnes since the beginning of commercial production at the Sarkala field
MOSCOW, November 25. /TASS/. The Middle East remains in the zone of strategic interests of Gazprom Neft as it is still interested in development on the market of the Iraqi Kurdistan, the Russian oil company said in a statement on Wednesday.
"Despite the COVID-19-related restrictions, we continued implementation of our projects in the region in 2020. The fourth well will be commissioned at the Sarkala field that will allow boosting and supporting the production level. Today, after having created the production base, acquired a unique experience and getting an understanding of geological peculiarities of the territory, we remain interested in exploration of new development options in the region," Gazprom Neft Deputy CEO for Exploration and Production Vadim Yakovlev was quoted as saying.
The company’s production in the Iraqi Kurdistan has reached 4 mln tonnes since the beginning of commercial production at the Sarkala field.
"Gazprom Neft Middle East B.V. continued implementation of main production projects, including the drilling of the fourth well. Its commissioning will increase production to 4,100 tonnes and roughly 32,000 barrels. The well’s commissioning is scheduled for the first half of 2021," the company said.
Gazprom Neft is involved in implementation of two projects in the Kurdistan region: Shakal and Garmian. The share of Gazprom Neft in the Shakal block totals 80% (the remaining stake is owned by the government of the Kurdistan region), while the share in the Garmian block amounts to 40%. Gazprom Neft has been operator of the Garmian project since February 2016.
https://tass.com/economy/1227869
The company’s production in the Iraqi Kurdistan has reached 4 mln tonnes since the beginning of commercial production at the Sarkala field
MOSCOW, November 25. /TASS/. The Middle East remains in the zone of strategic interests of Gazprom Neft as it is still interested in development on the market of the Iraqi Kurdistan, the Russian oil company said in a statement on Wednesday.
"Despite the COVID-19-related restrictions, we continued implementation of our projects in the region in 2020. The fourth well will be commissioned at the Sarkala field that will allow boosting and supporting the production level. Today, after having created the production base, acquired a unique experience and getting an understanding of geological peculiarities of the territory, we remain interested in exploration of new development options in the region," Gazprom Neft Deputy CEO for Exploration and Production Vadim Yakovlev was quoted as saying.
The company’s production in the Iraqi Kurdistan has reached 4 mln tonnes since the beginning of commercial production at the Sarkala field.
"Gazprom Neft Middle East B.V. continued implementation of main production projects, including the drilling of the fourth well. Its commissioning will increase production to 4,100 tonnes and roughly 32,000 barrels. The well’s commissioning is scheduled for the first half of 2021," the company said.
Gazprom Neft is involved in implementation of two projects in the Kurdistan region: Shakal and Garmian. The share of Gazprom Neft in the Shakal block totals 80% (the remaining stake is owned by the government of the Kurdistan region), while the share in the Garmian block amounts to 40%. Gazprom Neft has been operator of the Garmian project since February 2016.
https://tass.com/economy/1227869
JohninMK- Posts : 15620
Points : 15761
Join date : 2015-06-16
Location : England
- Post n°804
Re: Russian Oil and Gas Industry: News #2
The Akademik Cherskiy is on the move again. Currently off the Polish coast heading east at 8knts. Destination unknown.
JohninMK- Posts : 15620
Points : 15761
Join date : 2015-06-16
Location : England
- Post n°805
Re: Russian Oil and Gas Industry: News #2
Not sure what, if any, impact this will have.
Norwegian-German certification firm DNV GL will no longer provide services to the Nord Stream 2 pipeline project following the US State Department's recent publication of new guidelines covering the Protecting Europe's Energy Security Act of 2019 (PEESA), a representative from the company said in a statement.
MOSCOW, (Sputnik). PEESA was originally intended to address Russian pipeline projects that the US deems a "risk" to national security. The act allows Washington to impose sanctions on companies, such as DNV GL, which conduct verification and safety assessment work on Nord Stream 2 or vessels working on the project.
"Under these new guidelines, we find DNV GL’s verification activities linked to vessels with equipment serving the Nord Stream 2 project to be sanctionable. DNV GL has therefore ceased delivery of services that may fall under the scope of PEESA. DNV GL operates a robust programme to ensure our operations are in compliance with all relevant regulations and legislation, including sanctions," the representative said.
DNV GL were brought onto the project to verify pipeline safety and the testing and preparation of vessels that are working on the pipeline's construction, according to the representative.
Part of the unfinished section of the twin gas pipeline lies in Danish waters, and the Danish Energy Agency has given the pipeline's operator, Nord Stream 2 AG, the right to hire any third party to certify the safety of the construction.
The threat of US sanctions led to Swiss firm Allseas, which was participating in laying the pipeline, pulling out from the project this past December.
Nord Stream 2 is a planned 745-mile-long twin pipeline that will carry nearly 2 trillion cubic feet of gas annually from Russia to Germany. The pipeline is a joint project between Russia's Gazprom and several European energy giants, including Germany's Uniper and Wintershall.
https://sputniknews.com/europe/202011261081284591-european-certification-firm-exits-nord-stream-2-over-us-sanction-fears-representative-says/
Meanwhile the Akademik Cherskiy is still on the move. In the middle of the Baltic heading NE at 8knts.
Norwegian-German certification firm DNV GL will no longer provide services to the Nord Stream 2 pipeline project following the US State Department's recent publication of new guidelines covering the Protecting Europe's Energy Security Act of 2019 (PEESA), a representative from the company said in a statement.
MOSCOW, (Sputnik). PEESA was originally intended to address Russian pipeline projects that the US deems a "risk" to national security. The act allows Washington to impose sanctions on companies, such as DNV GL, which conduct verification and safety assessment work on Nord Stream 2 or vessels working on the project.
"Under these new guidelines, we find DNV GL’s verification activities linked to vessels with equipment serving the Nord Stream 2 project to be sanctionable. DNV GL has therefore ceased delivery of services that may fall under the scope of PEESA. DNV GL operates a robust programme to ensure our operations are in compliance with all relevant regulations and legislation, including sanctions," the representative said.
DNV GL were brought onto the project to verify pipeline safety and the testing and preparation of vessels that are working on the pipeline's construction, according to the representative.
Part of the unfinished section of the twin gas pipeline lies in Danish waters, and the Danish Energy Agency has given the pipeline's operator, Nord Stream 2 AG, the right to hire any third party to certify the safety of the construction.
The threat of US sanctions led to Swiss firm Allseas, which was participating in laying the pipeline, pulling out from the project this past December.
Nord Stream 2 is a planned 745-mile-long twin pipeline that will carry nearly 2 trillion cubic feet of gas annually from Russia to Germany. The pipeline is a joint project between Russia's Gazprom and several European energy giants, including Germany's Uniper and Wintershall.
https://sputniknews.com/europe/202011261081284591-european-certification-firm-exits-nord-stream-2-over-us-sanction-fears-representative-says/
Meanwhile the Akademik Cherskiy is still on the move. In the middle of the Baltic heading NE at 8knts.
LMFS- Posts : 5158
Points : 5154
Join date : 2018-03-04
- Post n°806
Re: Russian Oil and Gas Industry: News #2
A new proof, if any was needed, that we live in a regulatory dictatorship where certification and other excuses are used to displace unwanted competition. Normally this is used to avoid smaller players from entering the really lucrative niches of economy, but of course it can be used against geopolitical rivals. If Germany has the will, they can always adduce national security issues and override that certification BS without a problem...
magnumcromagnon and kvs like this post
magnumcromagnon- Posts : 8138
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Join date : 2013-12-05
Location : Pindos ave., Pindosville, Pindosylvania, Pindostan
- Post n°807
Re: Russian Oil and Gas Industry: News #2
LMFS wrote:A new proof, if any was needed, that we live in a regulatory dictatorship where certification and other excuses are used to displace unwanted competition. Normally this is used to avoid smaller players from entering the really lucrative niches of economy, but of course it can be used against geopolitical rivals. If Germany has the will, they can always adduce national security issues and override that certification BS without a problem...
If that was the case then Nord Stream 1 would be at 100% capacity and not 50% capacity.
JohninMK- Posts : 15620
Points : 15761
Join date : 2015-06-16
Location : England
- Post n°808
Re: Russian Oil and Gas Industry: News #2
magnumcromagnon wrote:LMFS wrote:A new proof, if any was needed, that we live in a regulatory dictatorship where certification and other excuses are used to displace unwanted competition. Normally this is used to avoid smaller players from entering the really lucrative niches of economy, but of course it can be used against geopolitical rivals. If Germany has the will, they can always adduce national security issues and override that certification BS without a problem...
If that was the case then Nord Stream 1 would be at 100% capacity and not 50% capacity.
I thought that they gained agreement to run NS1 at 90%+ capacity last winter when they opened up the Opal distribution pipeline fully.
kvs- Posts : 15850
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Join date : 2014-09-11
Location : Turdope's Kanada
- Post n°809
Re: Russian Oil and Gas Industry: News #2
I am beginning to dislike Putin's gas export policy. So much effort to basically fellate hater scum. Let EU-tards and their
owner Uncle Swine-shit impose any sanction and regulation they want. Since they want NS II stopped so badly, then
why is Russia still trying to sell them this precious, depleting resource at long-term discounted prices which are typical
for pipeline delivery.
How is Russia eating NATzO shit helping Russia?
owner Uncle Swine-shit impose any sanction and regulation they want. Since they want NS II stopped so badly, then
why is Russia still trying to sell them this precious, depleting resource at long-term discounted prices which are typical
for pipeline delivery.
How is Russia eating NATzO shit helping Russia?
JohninMK- Posts : 15620
Points : 15761
Join date : 2015-06-16
Location : England
- Post n°810
Re: Russian Oil and Gas Industry: News #2
Why, when you post good stuff, do you come up with dross like this?kvs wrote:I am beginning to dislike Putin's gas export policy. So much effort to basically fellate hater scum. Let EU-tards and their
owner Uncle Swine-shit impose any sanction and regulation they want. Since they want NS II stopped so badly, then
why is Russia still trying to sell them this precious, depleting resource at long-term discounted prices which are typical
for pipeline delivery.
How is Russia eating NATzO shit helping Russia?
Doesn't it occur to you that Russia might actually need the money from these sales. Also I am sure you have noticed that they keep finding more.
PapaDragon likes this post
LMFS- Posts : 5158
Points : 5154
Join date : 2018-03-04
- Post n°811
Re: Russian Oil and Gas Industry: News #2
Statesmen should not search fast ego satisfaction but the long term good of the country. Pipelines allow Russia to displace any competitor based on prices, allow to have fixed long term contracts providing stability which is critical for their budgeting and development of the hydrocarbon industry, anchors geopolitical stability with the countries housing them, and having an additional one with NS II allows to remove leverage from Poland and Ukraine. In the future will also allow to supply hydrogen to Europe. And given the money already invested, it makes sense to finish it instead of allowing it to turn to rust in the sea water. They have to at least finish it and then we will see, the political mood can change fast but this piece of infrastructure is there to last.
flamming_python, Big_Gazza and slasher like this post
kvs- Posts : 15850
Points : 15985
Join date : 2014-09-11
Location : Turdope's Kanada
- Post n°812
Re: Russian Oil and Gas Industry: News #2
LMFS wrote:Statesmen should not search fast ego satisfaction but the long term good of the country. Pipelines allow Russia to displace any competitor based on prices, allow to have fixed long term contracts providing stability to their budgeting and hydrocarbon industry, anchors geopolitical stability with the countries housing them, and having a additional one with NS II allows to remove leverage from Poland and Ukraine. In the future will also allow to supply hydrogen to Europe. And given the costs already sunken, it makes sense to finish it instead of allowing it to turn to rust in the sea water. They have to at least finish it and then we will see, the political mood can change fast but this piece of infrastructure is there to last.
Beggars can't be choosers. Russia is number one (for real) on the planet as a gas supplier. Qatar and Iran cannot displace it.
And for sure the USA is an also ran. If Russia was just another supplier, then it would have to care about competitors. But
it does not. And if EU-tards do not understand this because the EIA and IEA are yes-man operations, then that is just too
f*cking bad.
It is not about ego stroking. It is about not looking weak which is critical for Russia's security. Western haters treat any
propriety from Russia as if Russia is desperately trying to appease them. So they get an invincibility hard-on. This is
a stupid policy by the Russian leadership. They really do act like appeasers. And appeasers get rolled over.
PapaDragon- Posts : 13471
Points : 13511
Join date : 2015-04-26
Location : Fort Evil, Serbia
- Post n°813
Re: Russian Oil and Gas Industry: News #2
JohninMK wrote:Why, when you post good stuff, do you come up with dross like this?kvs wrote:I am beginning to dislike Putin's gas export policy. So much effort to basically fellate hater scum.
..................
How is Russia eating NATzO shit helping Russia?
Doesn't it occur to you that Russia might actually need the money from these sales. Also I am sure you have noticed that they keep finding more.
Agreed
Words and fellating costs nothing but gas sales bring cold hard cash
And that cash is used to improve Russia's position
It's like when they call them ''partners'' like who gives a crap about it? What matters is cash and if they get some extra by playing stupid so be it, it's free money
Big_Gazza and owais.usmani like this post
Hole- Posts : 11116
Points : 11094
Join date : 2018-03-25
Age : 48
Location : Scholzistan
- Post n°814
Re: Russian Oil and Gas Industry: News #2
The project shows the world that Russia is keeping agreements, the west is using all sorts of dirty tricks to get rid of competition and the europeans are spineless poodles of Uncle Joe.
Big_Gazza, slasher and LMFS like this post
kvs- Posts : 15850
Points : 15985
Join date : 2014-09-11
Location : Turdope's Kanada
- Post n°815
Re: Russian Oil and Gas Industry: News #2
PapaDragon wrote:JohninMK wrote:Why, when you post good stuff, do you come up with dross like this?kvs wrote:I am beginning to dislike Putin's gas export policy. So much effort to basically fellate hater scum.
..................
How is Russia eating NATzO shit helping Russia?
Doesn't it occur to you that Russia might actually need the money from these sales. Also I am sure you have noticed that they keep finding more.
Agreed
Words and fellating costs nothing but gas sales bring cold hard cash
And that cash is used to improve Russia's position
It's like when they call them ''partners'' like who gives a crap about it? What matters is cash and if they get some extra by playing stupid so be it, it's free money
Russia does not need the money from piped gas you circle jerk morons. It can get more from selling LNG to the highest
bidder and its pipelines to China will have over 120 billion cubic meters per year after phase II.
The only ones spreading dross here is the infallible British "gentleman" and his Balkan suckup.
kvs- Posts : 15850
Points : 15985
Join date : 2014-09-11
Location : Turdope's Kanada
- Post n°816
Re: Russian Oil and Gas Industry: News #2
Hole wrote:The project shows the world that Russia is keeping agreements, the west is using all sorts of dirty tricks to get rid of competition and the europeans are spineless poodles of Uncle Joe.
The EU and its owner Uncle Swine-shit regularly crap over treaties and agreements. They do not need to be rewarded with
discounted pipeline gas for their generosity.
The whole "we behave properly" BS is for losers and has negative reward. Nobody will ever remember Russia's good deeds.
They will always push their own agenda first. You are confusing inter-personal relationships with inter-national relationships.
This is "dross". Nations are not humans.
JohninMK- Posts : 15620
Points : 15761
Join date : 2015-06-16
Location : England
- Post n°817
Re: Russian Oil and Gas Industry: News #2
kvs wrote:
Russia does not need the money from piped gas you circle jerk morons. It can get more from selling LNG to the highest
bidder and its pipelines to China will have over 120 billion cubic meters per year after phase II.
The only ones spreading dross here is the infallible British "gentleman" and his Balkan suckup.
Insults like that can earn you a holiday around here.
How about withdrawing them?
owais.usmani likes this post
JohninMK- Posts : 15620
Points : 15761
Join date : 2015-06-16
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- Post n°818
Re: Russian Oil and Gas Industry: News #2
Apart from Fortuna being in Bativsk this is interesting.
We continue to regularly monitor the “intrigues” related to the controversial Nord Stream 2 gas pipeline, except in the political field, and in the practical field, where the fleet of ships that are considered to be able to complete the remaining unbuilt section of the pipeline has been reorganized in recent months. 160 kilometers of two pipes (about 80 km each) that make up this 1,200-kilometer-long pipeline, which, when (and if) completed, would connect the Russian and German coasts along the Baltic Sea in parallel with the already operational Nord Stream pipeline. Both have identical capacities of 55 billion m3 of gas per year.
Russian media reported today that last month the Fortuna pipe laying vessel (participated in the construction of the North Stream 2 section in Russian waters) changed hands. The previous one refused to participate in the completion of this project due to US sanctions. The Russians are now supplying Nord Stream 2 with their own fleet.
Information about the change of owner came from the Russian International List of Ships. As of October 6, the owner of Fortune is the Russian LLC company Universal Transport Group. According to sbis.ru, it was registered in Moscow six years ago, and Andrey Vladimirovich Aprelenko is the president and owner of the company.
Fortuna has been located in Murkan, Germany since October 2019, which is the logistics center for the construction of the remaining section of Nord Stream 2. The ship has been designated as one of two future participants in the completion of the pipeline, and for it the operator Nord Stream 2 AG even received a permit from the Danish Energy Agency (DEA) to use an anchored vessel, which is a barge. Together with the main Russian pipe-laying ship Aademik Chersky, Fortuna could simultaneously carry out pipe-laying works on the remaining undeveloped section of the pipeline.
The change of shipowners who will participate in the said works started this summer. Then, in order to minimize the risk of US sanctions, the Samara STIF fund became the owner of the pipeline Akademik Chersky instead of the Gazprom fleet, as well as the supply ships Ivan Sidorenko and Ostap Sheremet.
The Polish media BiznesAlert, citing sources, wrote that the final works on the gas pipeline should start in November (that month is nearing its end!). At the same time, after naval tests and subsequent modernization, the ship Akademik Chersky returned to the German port of Murkan, together with several supply ships of the Russian “Morspasluzhba”. Yesterday, the Norwegian certification company DNV GL announced that it would stop servicing and inspecting the project vessels and their equipment due to US sanctions. However, it seems that this check has already been largely completed anyway.
However, nothing is certain yet, because, as always, politics will have the main say – and that at the highest possible level.
https://geopolitics.news/middle-east/russian-ships-in-the-baltic-ready-to-complete-work-on-the-north-stream-2/
We continue to regularly monitor the “intrigues” related to the controversial Nord Stream 2 gas pipeline, except in the political field, and in the practical field, where the fleet of ships that are considered to be able to complete the remaining unbuilt section of the pipeline has been reorganized in recent months. 160 kilometers of two pipes (about 80 km each) that make up this 1,200-kilometer-long pipeline, which, when (and if) completed, would connect the Russian and German coasts along the Baltic Sea in parallel with the already operational Nord Stream pipeline. Both have identical capacities of 55 billion m3 of gas per year.
Russian media reported today that last month the Fortuna pipe laying vessel (participated in the construction of the North Stream 2 section in Russian waters) changed hands. The previous one refused to participate in the completion of this project due to US sanctions. The Russians are now supplying Nord Stream 2 with their own fleet.
Information about the change of owner came from the Russian International List of Ships. As of October 6, the owner of Fortune is the Russian LLC company Universal Transport Group. According to sbis.ru, it was registered in Moscow six years ago, and Andrey Vladimirovich Aprelenko is the president and owner of the company.
Fortuna has been located in Murkan, Germany since October 2019, which is the logistics center for the construction of the remaining section of Nord Stream 2. The ship has been designated as one of two future participants in the completion of the pipeline, and for it the operator Nord Stream 2 AG even received a permit from the Danish Energy Agency (DEA) to use an anchored vessel, which is a barge. Together with the main Russian pipe-laying ship Aademik Chersky, Fortuna could simultaneously carry out pipe-laying works on the remaining undeveloped section of the pipeline.
The change of shipowners who will participate in the said works started this summer. Then, in order to minimize the risk of US sanctions, the Samara STIF fund became the owner of the pipeline Akademik Chersky instead of the Gazprom fleet, as well as the supply ships Ivan Sidorenko and Ostap Sheremet.
The Polish media BiznesAlert, citing sources, wrote that the final works on the gas pipeline should start in November (that month is nearing its end!). At the same time, after naval tests and subsequent modernization, the ship Akademik Chersky returned to the German port of Murkan, together with several supply ships of the Russian “Morspasluzhba”. Yesterday, the Norwegian certification company DNV GL announced that it would stop servicing and inspecting the project vessels and their equipment due to US sanctions. However, it seems that this check has already been largely completed anyway.
However, nothing is certain yet, because, as always, politics will have the main say – and that at the highest possible level.
https://geopolitics.news/middle-east/russian-ships-in-the-baltic-ready-to-complete-work-on-the-north-stream-2/
LMFS likes this post
Hole- Posts : 11116
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- Post n°819
Re: Russian Oil and Gas Industry: News #2
kvs wrote:Hole wrote:The project shows the world that Russia is keeping agreements, the west is using all sorts of dirty tricks to get rid of competition and the europeans are spineless poodles of Uncle Joe.
The EU and its owner Uncle Swine-shit regularly crap over treaties and agreements. They do not need to be rewarded with
discounted pipeline gas for their generosity.
The whole "we behave properly" BS is for losers and has negative reward. Nobody will ever remember Russia's good deeds.
They will always push their own agenda first. You are confusing inter-personal relationships with inter-national relationships.
This is "dross". Nations are not humans.
Of course Russia will be rewarded for this with contracts from China, India and other asian, african or even south-american countries. They see like Russia behaves and will remember it.
Big_Gazza and slasher like this post
JohninMK- Posts : 15620
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- Post n°820
Re: Russian Oil and Gas Industry: News #2
Hole wrote:
Of course Russia will be rewarded for this with contracts from China, India and other asian, african or even south-american countries. They see like Russia behaves and will remember it.
The future of the World is underway with the 15 nation free trade agreement covering the key Asian countries signed last week. As a force in the Pacific expect the eastern moving Russia to be right up there with them.
Big_Gazza likes this post
Big_Gazza- Posts : 4890
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- Post n°821
Re: Russian Oil and Gas Industry: News #2
JohninMK wrote:Insults like that can earn you a holiday around here.
How about withdrawing them?
We don't do cancel culture here. Nuff said.
PapaDragon- Posts : 13471
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Join date : 2015-04-26
Location : Fort Evil, Serbia
- Post n°822
Re: Russian Oil and Gas Industry: News #2
Big_Gazza wrote:JohninMK wrote:Insults like that can earn you a holiday around here.
How about withdrawing them?
We don't do cancel culture here. Nuff said.
I got cancelled here for less
So yeah, we are definitely doing cancel culture here and have been doing it since before it was popular
Nuff said
miketheterrible- Posts : 7383
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Join date : 2016-11-07
- Post n°823
Re: Russian Oil and Gas Industry: News #2
I don't think Russia signed any free trade agreements with this Asia pac thing, did they?
GarryB- Posts : 40521
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- Post n°824
Re: Russian Oil and Gas Industry: News #2
Russia makes money selling gas to the EU, but what I think KVS is wondering out loud is with all the BS the EU and the US are throwing in the path of Russia and the EUs project to build another pipe conduit for gas to the EU that in actual fact Russia has already endured enough BS and abuse from the west over this pipeline and rather than not selling gas to the west and as you point out depriving themselves of income, what he is saying is that the pipeline costs money that will take a rather long time to get any real returns on, while liquification plants and shipping gas works out easier in many senses... mostly because the customer pays the liquification costs which means Russia will make more profit, they wont be bound by very long term contracts and there is little chance of interference or interception of the gas on its way.
It also means the EU will be paying more for energy which is ultimately good for Russia trying to compete internationally with production.... and it also means Russia can ship gas to anyone they please.... countries that appreciate reliable delivery and a non combative supplier making all sorts of shit demands thinly disguised to increase costs...
Russia is being too nice.
Not suggesting they do what the west does and use energy supply as a weapon, but if they have higher bidders for their gas then that is just market forces and capitalism isn't it?
The EU has earned no loyalty or respect.
It also means the EU will be paying more for energy which is ultimately good for Russia trying to compete internationally with production.... and it also means Russia can ship gas to anyone they please.... countries that appreciate reliable delivery and a non combative supplier making all sorts of shit demands thinly disguised to increase costs...
Russia is being too nice.
Not suggesting they do what the west does and use energy supply as a weapon, but if they have higher bidders for their gas then that is just market forces and capitalism isn't it?
The EU has earned no loyalty or respect.
kvs and miketheterrible like this post
LMFS- Posts : 5158
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Join date : 2018-03-04
- Post n°825
Re: Russian Oil and Gas Industry: News #2
Russia is not doing EU a favour because of respect or loyalty, they are acting on their own interests, on several levels. And of course they should not react because of insults or offences but because of objective benefits.
- Pipeline gas is so much cheaper than LNG that it is essentially impossible to offset the difference through sanctions, democracy taxes or any other measure. EU knows accessing that type of energy source is very relevant for them to survive as viable industrial economies. By trading LNG Russia would just be another competitor in the market and not have any essential competitive advantage, even with their improved liquefaction technologies and conditions. I am not 100% sure that the current pipeline volumes could be supplied by Russian LNG either.
- The fixed revenue produced by long term contracts stabilises the market and the Russian budget, that is how they survive crises like current one where spot markets collapse.
Other beneficial effects I mentioned above, I think it is not needed to detail them further.
Finally, one very relevant element of sustainable state policies is to understand the underlying, legitimate interests of the countries beyond their current leadership. Germany or the EU countries are not going to disappear tomorrow and Russia behaving like a real enemy now would defeat any rapprochement and the work of the forces that right now are fighting in Europe for it. Russia needs to stay completely neutral and not reinforce the narrative of the forces trying to stoke tensions, at least they must give Europe an option to make a decision between confrontation and cooperation. You may say the confrontation is the clear path forwards, but let us not forget the extreme pressure the German industry is bearing in order to bring NS II forward, there is indeed a hard fight being fought and I see it only logical that Russia tries not to interfere with it and wait for the outcome. It is obvious that Europeans are been taken hostages by the parasitic elites and that they themselves are the first ones from which a reaction is to be expected, the very first minute the extreme manipulations being carried on softens a bit or if the economy tanks further. It would be fool to contribute to unite the European elites and their population in fighting against Russia.
- Pipeline gas is so much cheaper than LNG that it is essentially impossible to offset the difference through sanctions, democracy taxes or any other measure. EU knows accessing that type of energy source is very relevant for them to survive as viable industrial economies. By trading LNG Russia would just be another competitor in the market and not have any essential competitive advantage, even with their improved liquefaction technologies and conditions. I am not 100% sure that the current pipeline volumes could be supplied by Russian LNG either.
- The fixed revenue produced by long term contracts stabilises the market and the Russian budget, that is how they survive crises like current one where spot markets collapse.
Other beneficial effects I mentioned above, I think it is not needed to detail them further.
Finally, one very relevant element of sustainable state policies is to understand the underlying, legitimate interests of the countries beyond their current leadership. Germany or the EU countries are not going to disappear tomorrow and Russia behaving like a real enemy now would defeat any rapprochement and the work of the forces that right now are fighting in Europe for it. Russia needs to stay completely neutral and not reinforce the narrative of the forces trying to stoke tensions, at least they must give Europe an option to make a decision between confrontation and cooperation. You may say the confrontation is the clear path forwards, but let us not forget the extreme pressure the German industry is bearing in order to bring NS II forward, there is indeed a hard fight being fought and I see it only logical that Russia tries not to interfere with it and wait for the outcome. It is obvious that Europeans are been taken hostages by the parasitic elites and that they themselves are the first ones from which a reaction is to be expected, the very first minute the extreme manipulations being carried on softens a bit or if the economy tanks further. It would be fool to contribute to unite the European elites and their population in fighting against Russia.
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