be.open
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April 27, 2022, 07:19:40 AM |
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Russian energy firm Gazprom has told Poland and Bulgaria it will stop sending gas to the two countries from today. Whatever they're doing, they should just not switch to Nuclear War. Because I still don't understand why some old men who have over, enjoyed their lives, seen it all in the world, had it all, would now start scattering everything and turning the world upside down for those coming behind when they're just about to exit already.
I think Poland is chosen by Europe as the advanced vanguard for reconnaissance in force, to see how serious Russia's intentions are to turn off the gas in case of non-payment. Now Europe has to pass the test of how United it is. If at least one of the EU countries gives up and agrees to buy Russian gas on Putin's terms, the rest of Europe will be able to buy gas through it in reverse, albeit more expensive than under a direct contract with Gazprom, but saving face. If all of Europe can say no, then there will be no more Russian gas in Europe.
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FlamingFingers
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April 27, 2022, 08:02:29 AM |
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Russian energy firm Gazprom has told Poland and Bulgaria it will stop sending gas to the two countries from today. Whatever they're doing, they should just not switch to Nuclear War. Because I still don't understand why some old men who have over, enjoyed their lives, seen it all in the world, had it all, would now start scattering everything and turning the world upside down for those coming behind when they're just about to exit already.
I think Poland is chosen by Europe as the advanced vanguard for reconnaissance in force, to see how serious Russia's intentions are to turn off the gas in case of non-payment. Now Europe has to pass the test of how United it is. If at least one of the EU countries gives up and agrees to buy Russian gas on Putin's terms, the rest of Europe will be able to buy gas through it in reverse, albeit more expensive than under a direct contract with Gazprom, but saving face. If all of Europe can say no, then there will be no more Russian gas in Europe. Hmm... Do you think that all the European countries can say no? I don't think that they can, Hyper inflation and recession loading, Increase cost of energy and everyother price would increase. Hope we all know that Russia doesn't just supply gas to Europe, Russia supplies cheap gas to Europe. Russia supplies over 70% of gas needs to Europe. A supply that can't be replaced on that scale even in 5 years.
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be.open
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White Russian
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Russian energy firm Gazprom has told Poland and Bulgaria it will stop sending gas to the two countries from today. Whatever they're doing, they should just not switch to Nuclear War. Because I still don't understand why some old men who have over, enjoyed their lives, seen it all in the world, had it all, would now start scattering everything and turning the world upside down for those coming behind when they're just about to exit already.
I think Poland is chosen by Europe as the advanced vanguard for reconnaissance in force, to see how serious Russia's intentions are to turn off the gas in case of non-payment. Now Europe has to pass the test of how United it is. If at least one of the EU countries gives up and agrees to buy Russian gas on Putin's terms, the rest of Europe will be able to buy gas through it in reverse, albeit more expensive than under a direct contract with Gazprom, but saving face. If all of Europe can say no, then there will be no more Russian gas in Europe. Hmm... Do you think that all the European countries can say no? I don't think that they can, Hyper inflation and recession loading, Increase cost of energy and everyother price would increase. Hope we all know that Russia doesn't just supply gas to Europe, Russia supplies cheap gas to Europe. Russia supplies over 70% of gas needs to Europe. A supply that can't be replaced on that scale even in 5 years. Of course not, I don't think so. Gas has risen in price by 25% per day on the stock exchange after the cessation of supplies to Poland and Bulgaria, Austria agreed to pay for gas in rubles, and Poland (according to rumors) increased the volume of reverse from Germany five times. Europe tried to bluff, but failed. Those who do not want cheap Russian gas will receive expensive democratic gas in reverse from the same Russian pipe. With oil, it's about the same - whoever doesn't want Russian oil at a discount will get a democratic "Latvian mixture" (with 49% of Russian oil) without a discount.
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FlamingFingers
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April 27, 2022, 08:22:56 AM |
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Russian energy firm Gazprom has told Poland and Bulgaria it will stop sending gas to the two countries from today. Whatever they're doing, they should just not switch to Nuclear War. Because I still don't understand why some old men who have over, enjoyed their lives, seen it all in the world, had it all, would now start scattering everything and turning the world upside down for those coming behind when they're just about to exit already.
I think Poland is chosen by Europe as the advanced vanguard for reconnaissance in force, to see how serious Russia's intentions are to turn off the gas in case of non-payment. Now Europe has to pass the test of how United it is. If at least one of the EU countries gives up and agrees to buy Russian gas on Putin's terms, the rest of Europe will be able to buy gas through it in reverse, albeit more expensive than under a direct contract with Gazprom, but saving face. If all of Europe can say no, then there will be no more Russian gas in Europe. Hmm... Do you think that all the European countries can say no? I don't think that they can, Hyper inflation and recession loading, Increase cost of energy and everyother price would increase. Hope we all know that Russia doesn't just supply gas to Europe, Russia supplies cheap gas to Europe. Russia supplies over 70% of gas needs to Europe. A supply that can't be replaced on that scale even in 5 years. Of course not, I don't think so. Gas has risen in price by 25% per day on the stock exchange after the cessation of supplies to Poland and Bulgaria, Austria agreed to pay for gas in rubles, and Poland (according to rumors) increased the volume of reverse from Germany five times. Europe tried to bluff, but failed. Those who do not want cheap Russian gas will receive expensive democratic gas in reverse from the same Russian pipe. With oil, it's about the same - whoever doesn't want Russian oil at a discount will get a democratic "Latvian mixture" (with 49% of Russian oil) without a discount. I have noticed most EU countries are ready to cut Russian oil. Their politicians and media have been planting alarming stories just to psy ops Russia. There at least two months supply of energy storage bought at discount from Russia while alternatives were been sourced from opening mothballed coal and nuclear power plants to better inter country selling of electricity. Meanwhile, summer is coming in two months.
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be.open
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April 27, 2022, 09:05:25 AM |
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I have noticed most EU countries are ready to cut Russian oil. Their politicians and media have been planting alarming stories just to psy ops Russia. There at least two months supply of energy storage bought at discount from Russia while alternatives were been sourced from opening mothballed coal and nuclear power plants to better inter country selling of electricity.
Europe's dependence on Russian oil is not as depressing as it is on Russian gas, but there is a nuance. Oil refineries are designed for a certain grade of oil, and you cannot simply replace Russian oil with Arab oil, even if the Arabs are ready to sell it to you. You will have to reconfigure the refinery to a different grade and in some cases it is cheaper to build a new refinery than to reconfigure an old one. Even in the case of a democratic "Latvian mixture" mixing takes place only according to documents, and not physically (otherwise, along with the lack of a discount, a headache for reconfiguration comes as a gift). It is for this reason that Biden runs with a scalded ass to Venezuela and Iran, although the US itself is a major oil producer. It's just that without the addition of a few percent of heavy oil, most US refineries will not be able to operate normally without a dramatic fold drop in productivity. In Europe, in general, the situation is similar, dependence on Russian oil is not too large in volume, but there is nothing to replace it, even if OPEC agrees to increase production, which, in principle, is against their interests. Meanwhile, summer is coming in two months.
Summer is the time to replenish underground gas storages, in winter it will be too late to think about it. In addition, only a small part of Russian gas is used for heating houses, industry and power plants need gas regardless of the season.
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stompix
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April 27, 2022, 10:51:44 AM |
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I think Poland is chosen by Europe as the advanced vanguard for reconnaissance in force, to see how serious Russia's intentions are to turn off the gas in case of non-payment. Now Europe has to pass the test of how United it is.
It's the opposite, Russia tries to test the waters. Poland has already told Russia it will not renew its contract because it's getting the gas from Noway via the Baltic pipeline, this was known from the start of the year well before the war started: https://warsawinstitute.org/polands-plan-challenging-russian-gas-dominance/The Yamal natural gas contract, signed in September 1996 between the Polish gas company PGNiG and the Russian energy giant Gazprom, expires on December 31th, 2022 and will not be renewed, since gas will be imported from Norway from the 1st of October, becoming more independent of the whims of the Kremlin. So basically Russia stops deliveries to somebody who didn't want them anymore! As for Bulgaria, it's the easiest target they could find, highly dependent and poor, with a lot of pro-Russian sentiment, if they would really want to test Europe they would cut gas to Germany, or, they would stop paying Ukraine for gas transit money! But they know that if they go that way it's game over and there will be a lot of gas flaring happening. Sokol is trading at 73.78 and Ural at 76.40, seems like deliveries to India and China are not happening or what?
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mrquackquack
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April 27, 2022, 11:34:17 AM |
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Economic Genius
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be.open
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April 27, 2022, 12:55:32 PM |
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It's the opposite, Russia tries to test the waters.
Four European Gas Buyers Made Ruble Payments to RussiaFour European gas buyers have already paid for supplies in rubles as President Vladimir Putin demanded, according to a person close to Russian gas giant Gazprom PJSC.
Even if the other buyers reject the Kremlin’s terms, more cutoffs after the halt in gas flows to Poland and Bulgaria Wednesday aren’t likely until the second half of May when the next payments are due, the person said, speaking on condition of anonymity to discuss confidential matters.
Ten European companies have already opened the accounts at Gazprombank needed to meet Russia’s payment demands, the person said. Looks like a nice try. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) The European Union will significantly increase, in a temporary regime, purchases of Russian gas through states that are ready to pay in rubles to compensate for the cessation of supplies to Poland and Bulgaria.
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stompix
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April 27, 2022, 01:47:50 PM |
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Four European gas buyers have already paid for supplies in rubles as President Vladimir Putin demanded, according to a person close to Russian gas giant Gazprom PJSC. According to Gazprom, so you could trust this just as much a badger doing your algebra homework.. Meanwhile, the only trustable news is this: https://twitter.com/karlnehammer/status/1519236100375601152Before fake news of Russian propaganda is spread further here, OMV will continue to pay for gas deliveries from Russia in euros. Austria is sticking to the jointly agreed EU sanctions. As usual, misleading Russian fake news, who are those four European buyers? Hungary, Transnistria, Serbia and Abkhazia? Use your brain, gas was already paid via Gazprom so how can you claim that 10 countries opened accounts at the bank now? Go grab 3 sims copies!
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DrBeer
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April 28, 2022, 09:15:22 AM |
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I deleted my previous post because it looks like it was a bit premature and there was no confirmation from Gazprom. But since you managed to answer it, so be it, especially since it looks like the information about the termination of gas supplies to Poland under the Yamal contract is correct. Bulgaria also received a notice of gas shutdown due to lack of payment in rubles today.
The "full picture" is that Russia will no longer supply its resources without payment, which Russia is free to dispose of. Payment for gas in rubles is not some kind of April joke of Gazprom.
Europe wants to continue to receive resources from Russia, but that Russia does not receive money for this. This desire of Europe is understandable, but it is somewhat naive - in real life this does not happen, in order to get something you need you have to pay for it. Europe's attempts to refuse the supply of resources from Russia are demonstrative and generally untenable, it's like if you have running water at home, but you say - I'd rather switch to bottled water supplies than pay the bill for tap water, because I don't like the supplier tap water. And if there is not enough bottled water to take a shower every day, then I will wash less often, just to harm Putin. This would be a funny joke if it weren't for the sad truth.
Good evening ! ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) No, I checked it by myself - the application was received, the pumping of Poland and Bulgaria ("brothers Slavs" ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) is stopped. Everything else is your thoughts, ok. Only for some reason you bypass one important, I would say the key essence or event. It sounds very simple - Russia has refused, unilaterally, to fulfill its OBLIGATIONS under previously signed agreements. At the same time, Poland, adhering to correctness and legality, IN ADVANCE, back in 2021, warned Russia that after the end, in 2022, of the contract for the supply of gas, it would not be extended due to a change in supplier. The rest of the literature does not interest me. I am interested in the fact of Russia's dishonorable behavior as a supplier. But in fact, this is good - she, Russia, herself made every effort to show and prove to everyone her dirty game, non-fulfillment of obligations, violation of contractual conditions, instability. In a word, they showed that they are a very unstable, dishonest partner, for whom to “throw” a partner is like breathing air. The question is what do you think about Russia's image losses as a "stable" supplier. Well and in general, such behavior in the commercial market? ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) PS I see propaganda draws new pictures? ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) No, no one will wash less, no one will eat less. The essence of the process is the completion of relations with a dishonest partner, an aggressor partner, a global terrorist partner. Due to the difficult transition process, the EU is well aware that there will be some period of time with less comfortable conditions. By the way, about "washing less" and other propaganda tricks - what is it like in Russia, the population, at least 50% knows what plumbing, central heating, sewerage, not feed grain in bread and milk from milk and not from palm oil? ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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Swordsoffreedom
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April 30, 2022, 02:58:10 PM |
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I think Poland is chosen by Europe as the advanced vanguard for reconnaissance in force, to see how serious Russia's intentions are to turn off the gas in case of non-payment. Now Europe has to pass the test of how United it is.
It's the opposite, Russia tries to test the waters. Poland has already told Russia it will not renew its contract because it's getting the gas from Noway via the Baltic pipeline, this was known from the start of the year well before the war started: https://warsawinstitute.org/polands-plan-challenging-russian-gas-dominance/Russia has begun to think of itself as a superpower with a little bit of power. Now he is threatening not to supply gas to other countries! For so long I have thought that if countries could not find alternatives, they would have no choice but to accept gas supplies on Russian terms. But I got the amazing information from the link shared by @stompix. And it is only a matter of time before Russia's arrogant and aggressive attitude ends if the countries really form an alliance against Russia because of this alternative. Although Russia will try to form an alliance with one of the countries. But, it remains to be seen whether Russia will face a single country hole against Europe. If Russia continues to threaten to cut off gas supplies, it will be a suicide for Russia.
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DrBeer
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April 30, 2022, 08:06:19 PM |
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Four European gas buyers have already paid for supplies in rubles as President Vladimir Putin demanded, according to a person close to Russian gas giant Gazprom PJSC. According to Gazprom, so you could trust this just as much a badger doing your algebra homework.. Meanwhile, the only trustable news is this: https://twitter.com/karlnehammer/status/1519236100375601152Before fake news of Russian propaganda is spread further here, OMV will continue to pay for gas deliveries from Russia in euros. Austria is sticking to the jointly agreed EU sanctions. As usual, misleading Russian fake news, who are those four European buyers? Hungary, Transnistria, Serbia and Abkhazia? Use your brain, gas was already paid via Gazprom so how can you claim that 10 countries opened accounts at the bank now? Go grab 3 sims copies! Well, yes, the reality is not at all the same as the Kremlin propaganda draws. 1. European Commission President Ursula von der Leyen: "This is unjustified and unacceptable. And this once again demonstrates the unreliability of Russia as a gas supplier. We are ready for such a scenario. We are in close contact with all Member States. We are working to ensure alternative supplies and the best storage levels across the EU" 2. No one will pay for gas in rubles. A post on behalf of the Chancellor of Austria was posted on the clone page. So everything is ok, let's breathe.
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LittleBitFunny
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May 01, 2022, 02:46:11 PM |
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The Yamal natural gas contract, signed in September 1996 between the Polish gas company PGNiG and the Russian energy giant Gazprom, expires on December 31th, 2022 and will not be renewed, since gas will be imported from Norway from the 1st of October, becoming more independent of the whims of the Kremlin. So basically Russia stops deliveries to somebody who didn't want them anymore! As for Bulgaria, it's the easiest target they could find, highly dependent and poor, with a lot of pro-Russian sentiment, if they would really want to test Europe they would cut gas to Germany, or, they would stop paying Ukraine for gas transit money! But they know that if they go that way it's game over and there will be a lot of gas flaring happening. Sokol is trading at 73.78 and Ural at 76.40, seems like deliveries to India and China are not happening or what? It is true that other countries are angry with Russia and they are imposing various sanctions on Russia. And in this situation, Russia is expected to try to export more oil and gas to China and India. But the question remains whether China will ally with Russia in such a situation. First, Saudi Arabia will never allow Russia or any other country to take the lead in oil imports/exports. Second, China is not so foolish as to go against the whole of Europe for Russia.
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Wakate
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May 01, 2022, 06:53:48 PM |
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Four European gas buyers have already paid for supplies in rubles as President Vladimir Putin demanded, according to a person close to Russian gas giant Gazprom PJSC. According to Gazprom, so you could trust this just as much a badger doing your algebra homework.. Meanwhile, the only trustable news is this: https://twitter.com/karlnehammer/status/1519236100375601152Before fake news of Russian propaganda is spread further here, OMV will continue to pay for gas deliveries from Russia in euros. Austria is sticking to the jointly agreed EU sanctions. As usual, misleading Russian fake news, who are those four European buyers? Hungary, Transnistria, Serbia and Abkhazia? Use your brain, gas was already paid via Gazprom so how can you claim that 10 countries opened accounts at the bank now? Go grab 3 sims copies! The rate at which fake news are flying at this current time is confusing. Fake news everywhere, and you have tried to bring the fact to the table. Putin might try to bring his own rule to force europe to pay for gas in reuble but I don't think that will last cause many eupean countries will down that offer. Even though europe does not support Russia attack on Ukraine, that does not mean that Putin will force the entire europe to but gas in reuble.
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kryptocanon
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May 01, 2022, 07:58:41 PM |
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I see no such act as blackmail from Putin. Russia and her monarch members has received so many sanctions from the US and his allies. Her economy keeps crumbling along with top major companies closing down their branches in state. The man just need something to boost his country currency and economy and of course taking payment in roubles from the west and other customers seem to be the highest chance he has.
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TheNineClub
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May 01, 2022, 08:02:55 PM |
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Putin has threatened so called unfriendly states to pay in rubles or have its gas supply shut off. It has said it doesn't buy things for free and so isn't going to charitable with its energy. Europe has kicked against this with Germany saying its being blackmailed by this move. What other choice does Europe has with Russia alone selling about 40% of energy to the world.
I thinl that someone relevant came out recently that they found a loophole where they can pay in euros to Sberbank located in Switzerland (where the bank is not under sanctions), and thrn the bank will convert it into Rubles. I don't really understand how and why that would work, because this is not a case of finding loopholes in the contract as the contract itself and the terms were violated by Russia itself.
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RealMalatesta
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May 01, 2022, 08:10:51 PM |
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Russia has begun to think of itself as a superpower with a little bit of power. Now he is threatening not to supply gas to other countries! For so long I have thought that if countries could not find alternatives, they would have no choice but to accept gas supplies on Russian terms.
But I got the amazing information from the link shared by @stompix. And it is only a matter of time before Russia's arrogant and aggressive attitude ends if the countries really form an alliance against Russia because of this alternative.
Although Russia will try to form an alliance with one of the countries. But, it remains to be seen whether Russia will face a single country hole against Europe. If Russia continues to threaten to cut off gas supplies, it will be a suicide for Russia.
Russia IS a superpower, the difference is that their "super" power comes from energy, which is something that could be acquired by some other nation or even become self sustaining if we spend enough time and money on it. China did the same thing, considered themselves as a superpower, reality is that the money comes from the west for manufacturing things, if we manufacture somewhere else then they are done with as well. If you do not have money yourself, just like.. have it, then there is no way you could keep it going. I personally believe that the more you depend on other nations the less powerful you will become overtime.
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Wong Gendheng
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May 02, 2022, 04:16:22 AM |
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Russia can do various things because they have the power and natural resources that Europe really needs, this is what Russia is not afraid of economic sanctions from Europe or the USA, especially Europe's dependence on Russian gas for decades so that it becomes a political force that is hard to beat.
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horrifiedx1
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May 02, 2022, 06:07:16 AM |
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Russia can do various things because they have the power and natural resources that Europe really needs, this is what Russia is not afraid of economic sanctions from Europe or the USA, especially Europe's dependence on Russian gas for decades so that it becomes a political force that is hard to beat.
Moreover, most of the oil and gas needed comes from Russia, so even though the ruble is subject to sanctions, Russia can argue against Europe, who needs it more. and Europe is the victim because of the actions of Nato which was pioneered by America. On the other hand, the joining of China with China seemed to raise Russian guts about the country's economy, and this formed a new power for Russia.
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bakasabo
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May 02, 2022, 08:01:03 AM |
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Russia can do various things because they have the power and natural resources that Europe really needs, this is what Russia is not afraid of economic sanctions from Europe or the USA, especially Europe's dependence on Russian gas for decades so that it becomes a political force that is hard to beat.
Russia is not as independent from other world as it might look at a glance. We all know that they have huge supplies of recourses, but having them is not enough. They cant fence off everyone and live their own life. Because one day they will run out of necessary imported goods. They need to get imported goods back and they need resource buyers. Simple economy basics. Right now a lot of Russians think: We have a lot of resources, we will wait until Europe runs of of gas or petrol, wait till winter and everything will get back. On the other hand, Europe can spend a lot of money to build a system that will substitute gas with electricity for heating, or to build pipes that will allow to get gas from somewhere else, or find a way to substitute supplier. What can Russia do when they run out of spare parts, electronic stuff for devices and everything else? It will take more time to develop and produce all these from very beginning, than, for example, for Europe to build a gas pipe from Canada or Iran. This might be childing explanation, but I hope you get the overall idea.
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