Russian Oil and Gas Industry: News #3

What cheesy propaganda language.  "Kremlin controlled".   The government in the Kremlin is duly elected and
popular as confirmed by all the opinion polls.  Russia has the right to have state owned corporations.   No council
of the gods has decreed that only private corporations are legitimate.   Gazprom's first priority should be to serve
Russia's interests, not some mythical market steered by Washington.  

Rosneft should not be doing EU-tards any favours.   If they want to impose a 50% capacity restriction on NS2,
then they should live with the consequences.   By conforming to these EU-tard regulations, Russia is submitting
itself to extra-territorial projection of foreign laws.   EU-tards need to learn, the hard way, that there are no
other suppliers to NS2 than Russia.   Thus, there is no obligation by Russia to share the pipeline that Gazprom
built with any non-existent other supplier.

Also, the whole "competition" regulation behind the capacity restriction is total BS because the pipeline has just
been built and Gazprom needs to recoup the costs.   This is nothing like the deregulation of the AT&T and Bell Canada
wired telephone network that was paid off decades before.   Also, in the case of the phone companies, competitors
could form easily to use the network.   You cannot form competitors to Gazprom to supply natural gas over NS2.

Oh my, it keeps getting more pathetic.   So EU kommissars now want to nitpick their "laws" to deliberately
sabotage the completed NS2.   Here are their clever schemes:

1) They will look for faults in the German certification of the project and pull a veto.

2) They will try to fully apply the "logic" of the EU 3rd Energy Package that companies which extract the gas
cannot own the pipelines which ship it.  

The second point is hilarious.  The pipeline is in international waters.   The EU has zero jurisdiction and that
applies to EEZ waters as well.  The only zone where the EU can apply this joke policy is in German territorial
waters.   I believe that Gazprom does not own the section of pipe running from Germany into the the Baltic
Sea and there is a contact point where the ownership changes.   Basically, Germany anticipated this ploy.

If these clowns really intend to stop Russian gas imports, then they will see prices heading well above $5,000
per thousand cubic meters.   They cannot divert all of the world's LNG to the EU.  It will start a bidding war so
prices for LNG will explode everywhere.   There is no way for them to crash the prices to $40 by attracting
LNG as there is no excess supply.   The result of these freaking retards will be a 1930s style global economic
collapse.

https://www.iea.org/news/statement-on-recent-developments-in-natural-gas-and-electricity-markets

Based on the available information, Russia is fulfilling its long-term contracts with European counterparts – but its exports to Europe are down from their 2019 level. The IEA believes that Russia could do more to increase gas availability to Europe and ensure storage is filled to adequate levels in preparation for the coming winter heating season. This is also an opportunity for Russia to underscore its credentials as a reliable supplier to the European market.

Seriously, this is an opportunity for Russia to commit itself to NOT sign any more long term gas contracts with any European country in future. Let the current contracts expire, then all the pipelines going west towards Europe are shut off. Meanwhile, Power of Siberia flows to full capacity, Power of Siberia 2 (formally Altai Pipeline) construction starts at full pace. Also actively work on signing more pipeline contracts with China (call it Power of China this time )

Russia surviving without European money, Europe surviving without that evil Russian gas, lets see who fares better in this !

Plus the whole point of filling up the existing storage tanks is against Russian interests... they would buy gas when it is cheaper in summer to fill their storage tanks so they don't have to buy so much gas in the winter when it is more expensive... just because the tanks are low in summer doesn't mean the pipes will suddenly stop delivering gas over the winter.

What the EU is saying now is that they want Russia to pump more cheaper gas now so that when winter comes they wont have to buy it urgently at a higher winter rate... but gas is already high because there are no long term contracts and they are being assholes about the NSII pipeline which is pushing the price up at a time when it is supposed to be lower so they can fill their storage tanks.

What Russia needs to do is respect their wishes and not sign any long term contracts because these spot price sales are making them good prices and will likely continue to do so while the EU play stupid market games.

The EU can hold auctions to get gas at super cheap prices, but Russia does not need to take part in such auctions and sell gas later to fill the gaps created by no purchasing gas when it could.

Russia makes money selling gas to the EU, and they would be foolish to refuse to sell gas to them, but they also need to respect their rules about 50% use of pipes and no long term contracts.... and they can enjoy times when that puts the EU in a bad situation... Russia can choose to bail them out... with a good profit... or they can remind them of their rules that prevent them from helping them out and suggest perhaps these rules need to be changed to better model your reality.

If NS2 is attacked in such a primitive fashion, Russia will just wash its hands of it. Recall that it was Merkel that lobbied for this
pipeline. We already see that EU-tards have pushed Russia just a bit too far.

Now we have a "conviction" of Russia over the Litvinenko tin foil hat conspiracy theory and the UK has declared another name
who they claim is an FSB agent in the Skripal case. It took them quite some time to list this name which means they had no
direct evidence of his actions in the UK and are just throwing shit at Russia.

Destroyed pipeline is the EUs problem, but they will be monitoring it I rather suspect.

Any damage could be repaired and any costs in that repair will be passed on to the gas customers... that is how commerce works.

https://www.urdupoint.com/en/world/novatek-cfo-gyetvay-released-from-florida-jai-1359267.html

WASHINGTON (UrduPoint News / Sputnik - 24th September, 2021) US District Court for the middle District of Florida released Novatek Chief Financial Officer (CFO) Mark Gyetvay on bond with conditions, a court filing revealed on Friday.

"Court released Defendant on bond with conditions.

Court will reconvene on September 30th at 11:00 AM for a status on further bond conditions," the filing said.

US prosecutors earlier asked for $80 million bond as a condition for releasing Gyetvay. It is not clear whether that sum was met.

owais.usmani wrote:https://www.urdupoint.com/en/world/novatek-cfo-gyetvay-released-from-florida-jai-1359267.html

WASHINGTON (UrduPoint News / Sputnik - 24th September, 2021) US District Court for the middle District of Florida released Novatek Chief Financial Officer (CFO) Mark Gyetvay on bond with conditions, a court filing revealed on Friday.

"Court released Defendant on bond with conditions.

Court will reconvene on September 30th at 11:00 AM for a status on further bond conditions," the filing said.

US prosecutors earlier asked for $80 million bond as a condition for releasing Gyetvay. It is not clear whether that sum was met.

Why are Russian businessmen of this level going to the USA? Either they are idiots or they are traitors. The US is notorious for fake legalized
kidnapping to further its imperial ambitions. If Americunts want to do business with Russians, they should come to Russia. But after their regime's
recent declaration that Sputnik V is not a real vaccine, they have no business coming to Russia at all.

Russia does not need Ameri-tardia. Ameri-tardia needs Russia.

GarryB wrote:Destroyed pipeline is the EUs problem, but they will be monitoring it I rather suspect.

Any damage could be repaired and any costs in that repair will be passed on to the gas customers... that is how commerce works.

That is naive. The western "democracies" will pull some trick to offload the costs onto Gazprom. Commerce only works when there is
no war.

par far wrote:The Germans are saying that Russia must supply gas through Ukraine, even when Nord Stream 2 is fully functioning.

I really really really hope Russia tells them to **** off.

Does the current contract with Ukraine expire in 2024?

Deutschland can chirp whatever it wants. It is already clear that Russia has no interest in supply gas through Banderastan after the
contract expires in 2024. In fact, it is already only doing minimal contracted transit. Banderite vermin are wailing on a daily basis.

Hilarious.   As the gas price hits $1030 on the spot market, EU-tardia is demanding to review the contract that Hungary signed with
Gazprom for natural gas.   Supposedly, this contract threatens EU-tardia's energy security.

Then these retarded fecks spew hate at Russia for not supplying enough gas.   I need a new term for these retards.   They are now
something lower than f*cktards.

Kiko wrote:Gazprom signed a 15-year gas supply contract with Hungary, 28/09/2021.

Gazprom and Hungary have agreed on gas supplies by the end of 2036.

The signing ceremony took place in Budapest.

Gazprom explained in its message that two long-term contracts for the supply of Russian gas to Hungary were signed between Gazprom Export and MVM CEEnergy Ltd. The total volume of contracts is up to 4.5 billion cubic meters, the duration of each of them is 15 years.

https://sdelanounas.ru/blogs/?id=105

The EU is reviewing this contract as a threat.