Who will Replace Russian Gas Supplies to Europe?

[Sithara007]

Oh wait, you didn't! Back to school!
I wonder how a country that is run by 3*3=12 and profit is revenue people, would look like, oh wait, no need to wonder , we have it right here!

8 million barrels of crude per day is sold at $80 to $85 per barrel. The Russian state gains $50 per barrel as tax, with the remainder going as cost of production and profit for the oil company. So profit per day amounts to $50 x 8 million = $400 million. And again, this is profit and not revenue. $400 per day equals to $12 billion per month. And the revenue calculation would be $80 x 8 million x 30 = $19.2 billion.

And similarly, for gas the revenue would be at least $10 billion and the profit would be at least $6 billion.

[1715602023]

1715602023

[1715602023]

1715602023

[1715602023]

1715602023

[be.open]

Oh wait, you didn't! Back to school!
I wonder how a country that is run by 3*3=12 and profit is revenue people, would look like, oh wait, no need to wonder , we have it right here!

8 million barrels of crude per day is sold at $80 to $85 per barrel. The Russian state gains $50 per barrel as tax, with the remainder going as cost of production and profit for the oil company. So profit per day amounts to $50 x 8 million = $400 million. And again, this is profit and not revenue. $400 per day equals to $12 billion per month. And the revenue calculation would be $80 x 8 million x 30 = $19.2 billion.

And similarly, for gas the revenue would be at least $10 billion and the profit would be at least $6 billion.

Russia has been receiving approximately one billion euros a day since the end of February from hydrocarbon exports, plus or minus one hundred million. There was a small dip in the oil market, it seems, in late March or early April, it quickly leveled off and more than compensated - when Russia, in response to sanctions, began to ship oil by tankers with a port of destination "unknown". Everything is smooth in terms of gas, the formal refusal of pipeline gas by Poland and Bulgaria last month was offset by an increase in supplies to other countries, that is, Poland and Bulgaria did not refuse Russian gas, but switched to a virtual reverse.

In Russia itself, according to indirect signs (for example, by the amount of electricity consumption), there are no signs of an industrial decline against the backdrop of sanctions, there is even some growth.

[DrBeer]

Yes Yes Yes ! I also sometimes watch the "Show for the Brainless" from Solovyov and the like, in order to understand how the Russian world lives There, for 10 years, they have been saying that Europe is in shit, the United States has a couple of months left, because they were outplayed by the Kremlin's miserable likeness of Hitler, the ruble is strong and secured, the dollar and the euro are not secured by anything, Russia will destroy everyone to ashes with its strongest army ... Well, and other, regular, feverish nonsense of Russian propaganda
What is there in essence? Well, seriously - rewriting nonsense from Russian propaganda is, of course, cool, probably, maybe it even strengthens someone's self-esteem or something else, but everyone already knows where such funny fabulous statements come from Or you can have your thoughts, honest numbers, real events ?

What is the propaganda here? I list the facts on the merits - the fact of Europe's inability to act as a united front in the sanctions against Russia, the fact of the rapidly growing exchange rate of the ruble against the dollar and the euro. About the strongest army in the world, which will destroy everyone to dust, you yourself invented it, I didn’t say that. In this section, we discuss economics.

If there were FACTS, I would not say anything. But I also watch the Russian show "we'll shit in your brain", and for some reason almost all the "facts" coincide with what is broadcast in these shows. I warned you - we live in a world where virtually everything can be double-checked! Just accept it, and don't think that it will turn out just to pour what you want into everyone's ears and everyone will believe - this is not Russia for you!

Close your eyes and listen to the following, YOUR post.
"Europe is in deep shit. She was unable to agree on the sixth package of sanctions and received an internal split. The packages with sanctions are over, there is nothing more to put pressure on Russia. And Europe has nothing to pay for the supplied gas, euros are immediately converted into rubles on the stock exchange and the euro exchange rate is already flying to hell. them, and also eat them and fertilize the earth. This is a fiasco."
 Tell me - does the face of Solovyov appear before your eyes?

[be.open]

Yes Yes Yes ! I also sometimes watch the "Show for the Brainless" from Solovyov and the like, in order to understand how the Russian world lives There, for 10 years, they have been saying that Europe is in shit, the United States has a couple of months left, because they were outplayed by the Kremlin's miserable likeness of Hitler, the ruble is strong and secured, the dollar and the euro are not secured by anything, Russia will destroy everyone to ashes with its strongest army ... Well, and other, regular, feverish nonsense of Russian propaganda
What is there in essence? Well, seriously - rewriting nonsense from Russian propaganda is, of course, cool, probably, maybe it even strengthens someone's self-esteem or something else, but everyone already knows where such funny fabulous statements come from Or you can have your thoughts, honest numbers, real events ?

What is the propaganda here? I list the facts on the merits - the fact of Europe's inability to act as a united front in the sanctions against Russia, the fact of the rapidly growing exchange rate of the ruble against the dollar and the euro. About the strongest army in the world, which will destroy everyone to dust, you yourself invented it, I didn’t say that. In this section, we discuss economics.

If there were FACTS, I would not say anything. But I also watch the Russian show "we'll shit in your brain", and for some reason almost all the "facts" coincide with what is broadcast in these shows. I warned you - we live in a world where virtually everything can be double-checked! Just accept it, and don't think that it will turn out just to pour what you want into everyone's ears and everyone will believe - this is not Russia for you!

Close your eyes and listen to the following, YOUR post.
"Europe is in deep shit. She was unable to agree on the sixth package of sanctions and received an internal split. The packages with sanctions are over, there is nothing more to put pressure on Russia. And Europe has nothing to pay for the supplied gas, euros are immediately converted into rubles on the stock exchange and the euro exchange rate is already flying to hell. them, and also eat them and fertilize the earth. This is a fiasco."
 Tell me - does the face of Solovyov appear before your eyes?

I don't know what Solovyov is saying because I don't have a TV. However, I do not exclude that Solovyov reads my messages on bitcointalk and steals my brilliant thoughts for his programs.

[savetheFORUM]

People keep suggesting Iran in this topic but they just focus on the capacity Iran has and some random statements published in the media. I don't think it is going to happen for a single reason: lack of incentive.

Iran simply has no reason to replace Russian gas in Europe because years ago the plan to export gas to EU was on the table and the incentive was also there for Iran since the economy was a lot smaller than today but EU didn't agree with it for reasons that are off-topic here.
Today Iran's exports are at an all time high and the cost of energy is rapidly rising which means the energy parts of exports Iran already has are generating a lot more money already.

Iran also has sanctions as well, why would everyone suddenly forget about what Iran did and why they were banned from the world trades and then somehow just because Russia is banned from the gas situation suddenly people will start trading with Iran? I do not think that it would work, I mean even Iran would say no to that even though it would help them.

I believe that Qatar would be of some help until a point, and they will find smaller places that would grow bigger with some investments and just use that. That is of course just an idea, there could be some stuff which could be done to find loopholes, like find a nation that deals with Iran, and then let them get it from Iran and they could get from them and do a loophole like that.

[mm2543363580]

People keep suggesting Iran in this topic but they just focus on the capacity Iran has and some random statements published in the media. I don't think it is going to happen for a single reason: lack of incentive.

Iran simply has no reason to replace Russian gas in Europe because years ago the plan to export gas to EU was on the table and the incentive was also there for Iran since the economy was a lot smaller than today but EU didn't agree with it for reasons that are off-topic here.
Today Iran's exports are at an all time high and the cost of energy is rapidly rising which means the energy parts of exports Iran already has are generating a lot more money already.

Iran also has sanctions as well, why would everyone suddenly forget about what Iran did and why they were banned from the world trades and then somehow just because Russia is banned from the gas situation suddenly people will start trading with Iran? I do not think that it would work, I mean even Iran would say no to that even though it would help them.

I believe that Qatar would be of some help until a point, and they will find smaller places that would grow bigger with some investments and just use that. That is of course just an idea, there could be some stuff which could be done to find loopholes, like find a nation that deals with Iran, and then let them get it from Iran and they could get from them and do a loophole like that.

This oil and gas monopoly and trouble by US - has brought the world this far.
Every oil producing country faces difficulties this way or the other way. Why don't these war let live other countries in peace?

[Sithara007]

Russia has been receiving approximately one billion euros a day since the end of February from hydrocarbon exports, plus or minus one hundred million. There was a small dip in the oil market, it seems, in late March or early April, it quickly leveled off and more than compensated - when Russia, in response to sanctions, began to ship oil by tankers with a port of destination "unknown". Everything is smooth in terms of gas, the formal refusal of pipeline gas by Poland and Bulgaria last month was offset by an increase in supplies to other countries, that is, Poland and Bulgaria did not refuse Russian gas, but switched to a virtual reverse.

In Russia itself, according to indirect signs (for example, by the amount of electricity consumption), there are no signs of an industrial decline against the backdrop of sanctions, there is even some growth.

This is what I have been saying from the very beginning. In the long term, the sanctions and embargoes will prove to be beneficial for Russia. So far in this year, in each month they are earning as much profit that they received in entire 2021. It is not just oil, gas and coal. Almost every commodity that Russia export has gone up in price by 1.5x to 2.0x, and this includes Nickel, Potash fertilizer and Uranium. On top of that, they have been able to diversify their exports. Here in India, we used to get around 1% of our oil from Russia. For the month of May, this figure has gone up to 15%.

[pooya87]

I think right now we are witnessing the collapse of Western hegemony. This does not mean that the West itself will disappear at the same time (I hope it will not come to this), it will simply have to learn to live in a new reality, within its means and without relating to developing countries from the position of its own superiority.

Right on point but the collapse is more obvious now, otherwise the main turning point was 43 years ago when one of the oldest civilizations in the world started reviving itself by first kicking US out and revived what Robert D. Kaplan refers to as the same empire that expanded from Mediterranean sea in the east all the way to China in west; from Black sea and the Caspian sea in the north all the way to the Northern Africa.

Iran also has sanctions as well, why would everyone suddenly forget about what Iran did

What did Iran do? LOL

somehow just because Russia is banned from the gas situation suddenly people will start trading with Iran?

US And EU begging Iran and Venezuela for oil should be the proof that nobody cares about anything when economy comes in. The recent travel of Enrique Mora to Iran begging to buy energy from Iran is also another indication.

I do not think that it would work, I mean even Iran would say no to that even though it would help them.

It is not going to happen because as I said before, Iran doesn't need it; and the Iranian oil has its customers already. Not to mention that the lower supply in EU is increasing the price which is beneficial to all countries with oil and gas to sell.

I believe that Qatar would be of some help until a point, and they will find smaller places that would grow bigger with some investments and just use that.

Qatar is trying to hold the olive branch but I don't see that much changing. Keep in mind that Qatar owes Iran its survival when it was surrounded by bloodthirsty Arab countries trying to cut it off from the rest of the world and destroy their country. Due to its geography they will continue needing Iran for their future survival. It is clear from the relations between the two countries.

[bittraffic]

Who would believe Us will  one day need help from someone who is wanted with about $15M bounty on his head. Biden can actually call  Maduro from his phone to make a deal with for gas supply and yet they can't get him.

Things can become worse all because of this war because food crisis is kicking in. Weighing where all these will go is that EU and US is willing to really make their people suffer to prove Putin is the next Hitler when they could make a deal to stop the war and let Ukraine grow first will stronger in military and economic power before fighting back Putin. Now all countries are dragged into this mess with prices of oil and gas.

[Sithara007]

US And EU begging Iran and Venezuela for oil should be the proof that nobody cares about anything when economy comes in. The recent travel of Enrique Mora to Iran begging to buy energy from Iran is also another indication.

Mora is a complete idiot, if he believes that Iranians would suddenly forgive him and approve the request to increase oil output. There are two factors here. As an oil producing nation, Iran benefits from higher oil prices. And secondly, acting against a friendly nation such as Russia is not something the Iranians are keen on doing. The Western bloc led by the US is proving again and again that they don't have any morals or ethics. They can ally with anyone, as long as it suits their agenda. Too bad that the opposite camp has learnt their lessons by now.

[bitgov]

US And EU begging Iran and Venezuela for oil should be the proof that nobody cares about anything when economy comes in. The recent travel of Enrique Mora to Iran begging to buy energy from Iran is also another indication.

Mora is a complete idiot, if he believes that Iranians would suddenly forgive him and approve the request to increase oil output. There are two factors here. As an oil producing nation, Iran benefits from higher oil prices. And secondly, acting against a friendly nation such as Russia is not something the Iranians are keen on doing. The Western bloc led by the US is proving again and again that they don't have any morals or ethics. They can ally with anyone, as long as it suits their agenda. Too bad that the opposite camp has learnt their lessons by now.

Oh that oil war has put the world in serious trouble - I wish the world runs on water and we need less oil.
This oil and gas trouble has placed so much trouble in the world. Crazy war and conspiracies has brought the world in whirlpool of pain and agony.

[DrBeer]

A little dip into the harsh reality floating in the mud of Russian propaganda/

About "freezing Germany"
Germany and Qatar have signed an agreement to deepen their cooperation in the field of energy.

German Chancellor Olaf Scholz said at a press conference together with the head of state of Qatar that the agreement, signed on May 20, "opens up many opportunities for successful cooperation." AR reports.
Scholz said Qatar also "has huge potential for renewable energy and hydrogen production." Germany plans to build two liquefied natural gas (LNG) terminals for deliveries from suppliers such as Qatar.
The Emir of Qatar, Sheikh Tamim bin Hamad Al Thani said: "Whatever we can provide for energy security in Europe even during this period, we will take care of it." The Qatari leader confirmed that Doha plans to start delivering LNG to Germany in 2024 and called Europe an "interesting" gas market.
Rudy Baroody, CEO of consultancy Qatar Energy and Environment Holding, said Qatar is poised to meet German LNG demand in addition to supply to existing customers, citing the expansion of the giant North Field natural gas field.
"Qatar will be able to provide 20-25% of Germany's total gas consumption in 2024," he told Al Jazeera. The expansion project puts the country on a path to further increase global sales overall in the coming years, he said.
The question is - where will the country of terrorists put gas, which buyers in the EU will refuse? I think - they will be "saved by fraternal China" - they will buy them out that way ... at $ 10 per 1000 cubic meters, and all beyond the Urals

[mm2543363580]

A little dip into the harsh reality floating in the mud of Russian propaganda/

About "freezing Germany"
Germany and Qatar have signed an agreement to deepen their cooperation in the field of energy.

German Chancellor Olaf Scholz said at a press conference together with the head of state of Qatar that the agreement, signed on May 20, "opens up many opportunities for successful cooperation." AR reports.
Scholz said Qatar also "has huge potential for renewable energy and hydrogen production." Germany plans to build two liquefied natural gas (LNG) terminals for deliveries from suppliers such as Qatar.
The Emir of Qatar, Sheikh Tamim bin Hamad Al Thani said: "Whatever we can provide for energy security in Europe even during this period, we will take care of it." The Qatari leader confirmed that Doha plans to start delivering LNG to Germany in 2024 and called Europe an "interesting" gas market.
Rudy Baroody, CEO of consultancy Qatar Energy and Environment Holding, said Qatar is poised to meet German LNG demand in addition to supply to existing customers, citing the expansion of the giant North Field natural gas field.
"Qatar will be able to provide 20-25% of Germany's total gas consumption in 2024," he told Al Jazeera. The expansion project puts the country on a path to further increase global sales overall in the coming years, he said.
The question is - where will the country of terrorists put gas, which buyers in the EU will refuse? I think - they will be "saved by fraternal China" - they will buy them out that way ... at $ 10 per 1000 cubic meters, and all beyond the Urals

Now the history will be made - I am very sure the trade and relationships of the country will change.
This war has also placed Pakistan in a very difficult position. Pakistan was neutral on their stance for Ukraine and Russia war. But nothing worked our - and the people have seen the disaster inside the country.

[DrBeer]

I don't know what Solovyov is saying because I don't have a TV. However, I do not exclude that Solovyov reads my messages on bitcointalk and steals my brilliant thoughts for his programs.

Well, it’s unlikely that he reads you, I’m sorry that I don’t let you amuse yourself with such a dream
Regarding the lack of a TV - these information feces, the Russian media are pouring everywhere - on info sites, on YouTube (by the way, thanks to YouTube - they closed thousands of such crap resources with fake "news"), newspapers, .. So the absence of a TV, and the presence of a monitor - almost does not change the situation.

Well, on the topic - tell us, what, from your point of view, are the results of the last week, on the topic "freezing Germany", "there is no alternative to Russian gas", "everyone will buy gas for rubles and nothing else", on the topic of the topic?
PS Only with links to sources, ok?

[Sithara007]

Oh that oil war has put the world in serious trouble - I wish the world runs on water and we need less oil.
This oil and gas trouble has placed so much trouble in the world. Crazy war and conspiracies has brought the world in whirlpool of pain and agony.

Well.. by some coincidence the vast majority of world's oil and gas are found in some of the most authoritarian states - Russia, Venezuela, Saudi Arabia, Nigeria, Angola, Brunei, Iran, Qatar, Equatorial Guinea.etc. Now I don't know how this interconnection works. Either these states became authoritarian as a side effect of all the oil wealth, or by some coincidence they all became authoritarian first and after that oil was found. Either way, the remainder of the global population is in a tricky position, because they need to purchase their oil and gas from these authoritarian regimes.

[bittraffic]

Oh that oil war has put the world in serious trouble - I wish the world runs on water and we need less oil.
This oil and gas trouble has placed so much trouble in the world. Crazy war and conspiracies has brought the world in whirlpool of pain and agony.

Well.. by some coincidence the vast majority of world's oil and gas are found in some of the most authoritarian states - Russia, Venezuela, Saudi Arabia, Nigeria, Angola, Brunei, Iran, Qatar, Equatorial Guinea.etc. Now I don't know how this interconnection works. Either these states became authoritarian as a side effect of all the oil wealth, or by some coincidence they all became authoritarian first and after that oil was found. Either way, the remainder of the global population is in a tricky position, because they need to purchase their oil and gas from these authoritarian regimes.

Everyone is going to become authoritarian in the end. Globally US has become authoritarian by imposing sanctions to different countries and its not me saying this. This is according to Joe Brown in this video.  Biden Turns to Venezuelan Dictator Maduro for Oil

Its possible for the world to run with water, there were already cars using waters which hydrogen is extracted from water to do the combustion. Its going to work. The problem with this situation is that the businessmen who runs the show. Them who runs the economy of the world, how are they going to make money out of water when its readily available for all.

[be.open]

Well, on the topic - tell us, what, from your point of view, are the results of the last week, on the topic "freezing Germany", "there is no alternative to Russian gas", "everyone will buy gas for rubles and nothing else", on the topic of the topic?
PS Only with links to sources, ok?

And what to say, look at the ruble exchange rate and you will understand everything yourself. The Central Bank of Russia seems to have to take emergency measures against the excessive strengthening of the ruble, because it is already becoming unprofitable for the export-oriented economy.

Germany is committing economic suicide, but it looks like it has no other choice. I have already said before and I will repeat now - Europe in this situation is a trophy and a victim. The USA, Russia, India and China make good money on the armed conflict between Russia and Ukraine, while Europe only loses.

[pooya87]

"Qatar will be able to provide 20-25% of Germany's total gas consumption in 2024," he told Al Jazeera. The expansion project puts the country on a path to further increase global sales overall in the coming years, he said.

Interesting but I'm still skeptical on their capacity.

Germany's gas consumption is about 250 million cubic meter per day and Qatar is already producing only 50 million cubic meters of gas per day. The numbers don't add up because this requires a super expansion to reach an additional 50 to 60 million cubic meters of gas (20-25% of Germany's consumption). I've also heard that the gas levels are falling under ground which would actually decrease amount that is being extracted (we share the gas fields with Qatar and that's one of the challenges we've been facing).

You also didn't mention anything about the price of this gas. LNG is generally more expensive considering the complexity of the process and the shipment costs.

[DrBeer]

Well, on the topic - tell us, what, from your point of view, are the results of the last week, on the topic "freezing Germany", "there is no alternative to Russian gas", "everyone will buy gas for rubles and nothing else", on the topic of the topic?
PS Only with links to sources, ok?

And what to say, look at the ruble exchange rate and you will understand everything yourself. The Central Bank of Russia seems to have to take emergency measures against the excessive strengthening of the ruble, because it is already becoming unprofitable for the export-oriented economy.

Germany is committing economic suicide, but it looks like it has no other choice. I have already said before and I will repeat now - Europe in this situation is a trophy and a victim. The USA, Russia, India and China make good money on the armed conflict between Russia and Ukraine, while Europe only loses.

I looked at the ruble
1. Do you remember the dollar exchange rate, OFFICIAL, in the USSR? Do you know why it is so "stable"? And what will happen when they impose an embargo on the purchase of oil and gas?
I give about 1-2 months after the embargo is introduced, and I predict a total collapse of the ruble. Now, by the way, it is not the stabilization of the ruble, but the washing out of the currency from the hamsters who still keep the dollar and the euro "under the mattress."
2. What can you say about the fact that the strengthening of the ruble is not economically beneficial for Russian exporters. "Great Economist" Kremlin miserable copy of Hitler, that one says that the depreciation of the ruble is pure benefit for the economy!
Here is a link to a video where he explains this: https://www.youtube.com/watch?v=xJo1YvNI6EQ (we turn on subtitles and translation, and read)
So someone sabotaged?
3. What currency is the Russian budget in? And what will the strengthening of the dollar lead to, despite the fact that the budget of Russia in good times was formed by 40-50% due to EXPORT and foreign exchange earnings?
4. About Germany. Germany's consumption of Russian gas is about 50%. Accordingly, Qatar will replace half of the gas from Russia. It's already good. LNG - yes, maybe a little more expensive, but at the same time, its supplies are increasing every day. Germany WILL have to pay for its flirtations and venality to the Kremlin terrorists - this is a fact, but they themselves are to blame for this. No need to choose such "friends" and sell yourself
There will be no suicide. There will be retribution for the "mistakes" made earlier. And in a couple of years the situation will completely stabilize, and everyone will forget about gas from Russia ...
5. About Europe. Europe, namely Germany, Italy, France, Hungary - these are those who lay under Russia, selling themselves, exchanging their pocket interests above the interests of the EU and their countries. Now they are paying for it. This is fine. It's like smoking, and then treating a long and expensive lung disease. This is predictable, they talked about it and warned, but someone decided that it would bypass him. No - it didn't work
All other countries do not have a critical dependence on Russian gas and are now actively looking for and finding alternative supplies.

[Sithara007]

Its possible for the world to run with water, there were already cars using waters which hydrogen is extracted from water to do the combustion. Its going to work. The problem with this situation is that the businessmen who runs the show. Them who runs the economy of the world, how are they going to make money out of water when its readily available for all.

This sort of argument has been going on for many decades now. Trust me, if there was a suitable replacement for crude oil, then it could have easily replaced crude oil and gas within a span of few years. But the truth is that, till now there is no such replacement. EVs are insanely expensive and the batteries need to be replaced very frequently (on top of that there is a shortage of Lithium and Cobalt). And now coming to Hydrogen, it is neither safe nor portable. For the next two decades, the green lobby will make tall claims of running vehicles on hydrogen and electricity, and nothing will change on the ground.