Russia May Have Passed Peak Oil

[paxmao]

There isn't a shortage of gas and oil yet. For Russia, they have vast land to drill for gas which it is all of us face the problem of where we buy without the burden of freight cost. EU for instance still hasn't found where to get gas this winter. Asia also has to buy from Russia also. Even if Russia have passed peak oil, do we have an alternative source? 

Saudi is also not willing to cooperate with Biden. Gas drilling countries including Russia are just not working with EU or US since they were trying to kill this industry thru that kid Great Thunberg.

China drilling the South China Sea for gas is about to happen, by the way, I recently read the news about it and they were to partner with a drilling company from the Philippines.

There is no shortage, but current prices are pricing in a full stop of the RF gas to Europe. The war of aggression has a significant effect not only in practice but also in the mind and provision for risk that trading houses need to make to do business daily - sanctions have to be accounted for, even for companies that may have them in the future and gas prices have little reason to drop.

[Sithara007]

It is obvious that Russia will be impacted from this but there is no guarantee on who will make the profit from this, China? India? Saudi Arabia? Like who would be the one that could provide something to the world when it needs it the most. Also we have to accept the fact that cars are just one part of the problem, yeah we use oil/petrol for our cars, you can name it anything you want but it is definitely tied to crypto in the long run.

On the other hand, we are talking about something that is a bit more careless with Russia who still attacks Ukraine in the face of all the upcoming problems, they are "not afraid" but they should be, it is going to hurt them big time.

Actually China is benefitting by re-exporting some of the Russian LNG to Europe.

https://oilprice.com/Energy/Natural-Gas/China-Is-Quietly-Reselling-Its-Excess-Russian-LNG-To-Europe.html

I am not sure about the margins, but if they are shipping these commodities half the way around the globe, then the markup should be very significant. While all the focus was on India (which is being accused of re-exporting refined Russian oil products to Europe), China worked under the radar and made some nice profits for themselves. Europeans will be in a dilemma now. If they stop these imports (from India and China), then there will be an acute shortage of fuel in their region. If they don't, then the petrodollars will continue to flow towards Russia.

[yhiaali3]

For Russia, the transition to clean energy is very difficult, the climate in Russia is very cold and the sun does not appear most of the year, so I do not see that there will be much benefit from solar energy, but instead of that, hydropower can be used because there are many sources of running water in Russia, however, I don't think the Russians are planning to switch to clean energy now as long as fossil fuels are available and cheaper.

[DrBeer]

For Russia, the transition to clean energy is very difficult, the climate in Russia is very cold and the sun does not appear most of the year, so I do not see that there will be much benefit from solar energy, but instead of that, hydropower can be used because there are many sources of running water in Russia, however, I don't think the Russians are planning to switch to clean energy now as long as fossil fuels are available and cheaper.

I'm sorry, but you are mistaken!
Of the entire seemingly vast territory of Russia, approximately 30% are inhabited. And this is mostly "before the Urals", where the conditions are quite acceptable. Uncomfortable - this is forever frozen, the north-east of the country, etc. regions. I myself was born and lived in Novosibirsk. Yes, the winter is colder than, for example, in central Europe, but not "impossible for life." But in the summer it is quite good and people quietly grew vegetables in their gardens.
Well, and most importantly, the Russian government does not make plans to use these territories, except as a primitive extraction of resources. For example, Taiga was given to China for uncontrolled deforestation. out of 100 conventionally "civilized territories", most households are not supplied with gas, there is no normal sewage system and other solutions familiar to a normal person.

[yhiaali3]

I'm sorry, but you are mistaken!
Of the entire seemingly vast territory of Russia, approximately 30% are inhabited. And this is mostly "before the Urals", where the conditions are quite acceptable. Uncomfortable - this is forever frozen, the north-east of the country, etc. regions. I myself was born and lived in Novosibirsk. Yes, the winter is colder than, for example, in central Europe, but not "impossible for life." But in the summer it is quite good and people quietly grew vegetables in their gardens.
Well, and most importantly, the Russian government does not make plans to use these territories, except as a primitive extraction of resources. For example, Taiga was given to China for uncontrolled deforestation. out of 100 conventionally "civilized territories", most households are not supplied with gas, there is no normal sewage system and other solutions familiar to a normal person.

Well, my friend, since you are from Russia, you must know more than me about the nature of the climate in Russia and the possibility of using clean energy. I only have general information about the nature of the climate in Russia, so I expected that the cold there prevails throughout the year and solar energy cannot be used.
It is good that solar energy can be used in the summer, but what about the winter there? Is it possible to benefit from solar energy or other clean energy?

[DrBeer]

I'm sorry, but you are mistaken!
Of the entire seemingly vast territory of Russia, approximately 30% are inhabited. And this is mostly "before the Urals", where the conditions are quite acceptable. Uncomfortable - this is forever frozen, the north-east of the country, etc. regions. I myself was born and lived in Novosibirsk. Yes, the winter is colder than, for example, in central Europe, but not "impossible for life." But in the summer it is quite good and people quietly grew vegetables in their gardens.
Well, and most importantly, the Russian government does not make plans to use these territories, except as a primitive extraction of resources. For example, Taiga was given to China for uncontrolled deforestation. out of 100 conventionally "civilized territories", most households are not supplied with gas, there is no normal sewage system and other solutions familiar to a normal person.

Well, my friend, since you are from Russia, you must know more than me about the nature of the climate in Russia and the possibility of using clean energy. I only have general information about the nature of the climate in Russia, so I expected that the cold there prevails throughout the year and solar energy cannot be used.
It is good that solar energy can be used in the summer, but what about the winter there? Is it possible to benefit from solar energy or other clean energy?

Are you serious ? No offense - study the climatic map of the territories where 99% of the population of Russia will live. You will be surprised, quite a lot. Expectations of "strong winters", with frosts below minus 40 degrees - this does not apply in the European (outland) part. Yes, sometimes they do, but it's not a big part of the year and not even a significant part of the year!

About solar energy - there is a separate chattya here, and there it is about solar energy, and there I wrote answers based on personal experience of studying the topic, in preparation for building my house. In cold climates - solar panels work just better, they have higher efficiency. Therefore, the ideal conditions for solar energy are cold sunny climates. Yes, in the far north there is a problem of short daylight hours, so the solution is not very suitable.

And the European part of Russia is quite a Central European weather, with enough sun.

[DrBeer]

And on the topic of oil and gas prices. I'm sure there will be more fun on the market soon. 2 great news:
1. India sharply, by 40%, reduced purchases of Russian oil after the visit of US officials
2. Azerbaijan will kick Russia out of the European gas market Azerbaijan plans to double its gas exports to Europe, bringing the capacity of the Trans-Anatolian gas pipeline (TANAP) to 32 billion cubic meters.

These two short pieces of news, in the next 6-12 months, will most likely drive an aspen stake into the ugly body of a terrorist country

[yhiaali3]

2. Azerbaijan will kick Russia out of the European gas market Azerbaijan plans to double its gas exports to Europe, bringing the capacity of the Trans-Anatolian gas pipeline (TANAP) to 32 billion cubic meters.

Do you really think that Azerbaijan can fully compensate Europe for Russian gas?
I heard from the news that Azerbaijani President Aliyev said in an interview with the Italian newspaper Il Sol 24H: “I would like to point out an important point that we did not aim before or now to compete with Russian gas on the European market, since we have our own position.”
Does not his words mean his fear of the possibility of another war between Russia and Azerbaijan?

[be.open]

2. Azerbaijan will kick Russia out of the European gas market Azerbaijan plans to double its gas exports to Europe, bringing the capacity of the Trans-Anatolian gas pipeline (TANAP) to 32 billion cubic meters.

Do you really think that Azerbaijan can fully compensate Europe for Russian gas?
I heard from the news that Azerbaijani President Aliyev said in an interview with the Italian newspaper Il Sol 24H: “I would like to point out an important point that we did not aim before or now to compete with Russian gas on the European market, since we have our own position.”
Does not his words mean his fear of the possibility of another war between Russia and Azerbaijan?

I think it's not only and not even so much in fear. Increasing gas production is expensive; to increase production by one billion cubic meters, an investment of about one billion dollars is needed. Such investments are justified in the case of long-term contracts for the supply of gas, and Europe is not eager to take on long-term obligations.

[DrBeer]

You can argue a lot with supporters / victims of Russian propaganda, but this is a useless thing - because they have arguments -not arguments, facts - not facts, and only Russia will defeat everyone and no one can live without Russia. In short, let's leave this path to psychiatrists
The easiest way to understand what is happening now is to look at the price charts of oil and gas, and not for the last day, but for the year. Those. from September 2021 to today. Instead of 100,000 words, 2 graphs that will show what the reality is. In order not to influence the results of the conclusions, we are looking for information ourselves, it is in open sources.
In doing so, keep in mind that:
- Russian oil from January 1 will be taboo for sale in the EU
- Russia is already selling "surplus oil" to China and India, already at $33-35 per barrel. Yes Yes. Not even for 69 dollars "fraternal China and India" brought their "friend" Russia to its knees and ordered them to sell oil not with a 40% discount, but in fact with 50%
- gas production is increasing, in the near future almost 2 times more gas from Azerbaijan will enter the market, and it is for the EU market

[DrBeer]

2. Azerbaijan will kick Russia out of the European gas market Azerbaijan plans to double its gas exports to Europe, bringing the capacity of the Trans-Anatolian gas pipeline (TANAP) to 32 billion cubic meters.

Do you really think that Azerbaijan can fully compensate Europe for Russian gas?
I heard from the news that Azerbaijani President Aliyev said in an interview with the Italian newspaper Il Sol 24H: “I would like to point out an important point that we did not aim before or now to compete with Russian gas on the European market, since we have our own position.”
Does not his words mean his fear of the possibility of another war between Russia and Azerbaijan?

I do not think that Azerbaijan alone will replace Russian gas supplies. But I am sure that if each supplier raises the production and supply of gas to the EU a little, and the EU uses this resource more economically, then very soon the EU will simply not need gas from the country of the world terrorist.
Well, and most importantly, no matter how hysterical the Kremlin is on the topic “you will all die without our gas,” the reality is that, in the future, only a few countries have real difficulties. Not at all in the EU! Just look at what is the share of Russian gas in the total gas purchases of each EU country, and you will be very surprised. You will count such ... about 5! But these countries will just have to get through this winter, then the situation will improve. Just don't listen to Russian propaganda and their mongrels spreading these narratives, follow the reality, check every statement, and your life will sparkle with other colors

[DrBeer]

2. Azerbaijan will kick Russia out of the European gas market Azerbaijan plans to double its gas exports to Europe, bringing the capacity of the Trans-Anatolian gas pipeline (TANAP) to 32 billion cubic meters.

Do you really think that Azerbaijan can fully compensate Europe for Russian gas?
I heard from the news that Azerbaijani President Aliyev said in an interview with the Italian newspaper Il Sol 24H: “I would like to point out an important point that we did not aim before or now to compete with Russian gas on the European market, since we have our own position.”
Does not his words mean his fear of the possibility of another war between Russia and Azerbaijan?

I do not think that Azerbaijan alone will replace Russian gas supplies. But I am sure that if each supplier raises the production and supply of gas to the EU a little, and the EU uses this resource more economically, then very soon the EU will simply not need gas from the country of the world terrorist.
Well, and most importantly, no matter how hysterical the Kremlin is on the topic “you will all die without our gas,” the reality is that, in the future, only a few countries have real difficulties. Not at all in the EU! Just look at what is the share of Russian gas in the total gas purchases of each EU country, and you will be very surprised. You will count such ... about 5! But these countries will just have to get through this winter, then the situation will improve. Just don't listen to Russian propaganda and their mongrels spreading these narratives, follow the reality, check every statement, and your life will sparkle with other colors

Are we seriously comparing Azerbaijan with Russian - Russia is 10 time bigger than Azerbaijan.
EU would definitely be needing the gas be it terrorist or peacemaker like USA or EU, Russia has done so many damage to Afghanistan and they were peace maker at that time because they were killing muslims. The definition of terrorist is very different - one country freedom fighter is other country terrorist - and that is the fact.

Well, so what, 10 times more So there 70% of the territory is not suitable for life, will you deny it?
Well, about Azerbaijan and its gas:
1. I wrote above that Azerbaijan alone will not replace gas supplies from a terrorist country, but will compensate for some of the supplies
2. Increasing production in other countries (UAE, Norway) - also compensates for part of the gas
3. LNG from the USA - also compensates for part of the gas
4. More economical use of gas and reduction of consumption - will also reduce the need for gas
And these 4 events will lead to a complete denial of gas supplies to the EU from the country of an international terrorist

[Stakefast]

Oil is going to go down, it's time for green energy niw

Indeed! We still need oil but we should make sure we don’t waste a lot, for example cruise ships use good oil while near land and on the ocean they use dirty oil to save money.
Things like that should be banned in my opinion.

[justdimin]

Oil is going to go down, it's time for green energy niw

Indeed! We still need oil but we should make sure we don’t waste a lot, for example cruise ships use good oil while near land and on the ocean they use dirty oil to save money.
Things like that should be banned in my opinion.

That is the thing I do not understand about regular people who are against renewable energy, for the time being nothing will change in your life, in fact you will have absolutely nothing changing in your life at all. In fact, it is such a great thing that you could spend a bit of your money to put solar panels on your roof and NEVER have to worry about energy prices again, you will be using your own energy.

But for some reason, people defend the oil giants who ruin the earth by spilling oil into oceans and they call the climate change people crazy, all because political agenda suits them that way, and to demonize the other side, and in return destroy the world for absolutely no reason other than the guy who you do not vote for supports it.

[Stella Mese]

If Russia is not open to renewable alternative energy. then one day Russia will be left behind from countries that have started to develop renewable energy. Fossil energy such as oil, gas, etc. is indeed a necessity. even all already dependent on it. but fossil energy will one day reach its limit. And that's where Russia should really think about developing and using renewable energy.
but data can sometimes be manipulated. For example, Russia in the data listed its oil income. but in fact sometimes exceeds what is recorded in the data. because of lowering the yield of natural gas mining. they think about getting more. and sell more. Even if it's behind the desk.

[virasisog]

If Russia is not open to renewable alternative energy. then one day Russia will be left behind from countries that have started to develop renewable energy. Fossil energy such as oil, gas, etc. is indeed a necessity. even all already dependent on it. but fossil energy will one day reach its limit. And that's where Russia should really think about developing and using renewable energy.
but data can sometimes be manipulated. For example, Russia in the data listed its oil income. but in fact sometimes exceeds what is recorded in the data. because of lowering the yield of natural gas mining. they think about getting more. and sell more. Even if it's behind the desk.

Russia has the power and that power is oil and that has made them so proud that they think others are not humans and kill them to please yourself
Since these countries are so rich and the people are contented - they keep on destroying one country and then the other

They are one of the biggest suppliers and they have an advantage but that shouldn't be the reason enough for them to destroy others. There are still innocent citizens in Russia that aims for peace so we can't say that they're all destroyers or killers.
Also, Russia seems too prepared for this possibility to happen and I'm sure that they still have other alternatives to sustain their source of energy.

[KamilaWeimer]

No doubt of that.
Now, i think they are struggling in Ukraine, are losing conquer territories

I think they going to loose the war

[Sithara007]

Russia has the power and that power is oil and that has made them so proud that they think others are not humans and kill them to please yourself
Since these countries are so rich and the people are contented - they keep on destroying one country and than the other

If you look closely, it can be seen that Russia has survived the sanctions as a result of sky high oil and gas prices. But at the same time, they haven't benefitted much. Their monthly export revenues have remained more or less the same, if we compare 2022 with 2021. The ones who have benefitted are Arab countries such as UAE, Saudi Arabia and Qatar. Also some of the natural gas producers such as Turkmenistan, Azerbaijan and Australia. And some of these countries have already started new wars (Azerbaijan for example).