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September 05, 2022, 04:31:14 PM |
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Russia on Friday indefinitely halted natural gas imports to Europe through the Nord Stream 1 pipeline, adding to fears of a looming European energy crisis. Energy company Gazprom, which The Wall Street Journal notes is controlled by the Kremlin, said it would not restart the pipeline on Saturday (as planned) due to an oil leak; the company also did not give an estimate as to when service might resume. The pipeline had been closed since Wednesday for maintenance. "Until the issues on the operation of the equipment are resolved, gas supplies to the Nord Stream gas pipeline have been completely stopped," Gazprom wrote in a statement, per CNN. Notably, the announcement from Gazprom arrived not long after G-7 countries said they'd be imposing a cap on the price of Russian oil so as to ding Moscow (and its war in Ukraine) financially. The level of that cap will be discussed at a future meeting, the Journal notes. Europe is decently dependent on Russian gas and a blow to its supply just before winter is the last thing the continent needs, CNN adds. Plus, Moscow has already retaliated against certain European countries who refused to pay for supplies in rubles, while Gazprom has kept flows through Nord Stream 1 "to just 20 percent of its capacity" since June, "citing maintenance issues and a dispute over a missing turbine caught up in Western export sanctions." https://news.yahoo.com/russia-shuts-off-nord-stream-213253802.html.... It seems russia shut down the nordstream pipeline. More recent sources claim russia announced it will not reopen the pipeline until sanctions are lifted. It seems that this is also part of russia's plan for ending the ukraine conflict on a faster timetable. An end to sanctions that supplies russia with components and parts may increase their wartime capability. Which could allow them to defeat ukraine faster, at lower cost and less loss of life. This seems like a topic some people might care about. So I thought I would post it.
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be.open
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September 05, 2022, 05:03:49 PM |
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This seems like a topic some people might care about. So I thought I would post it.
I have studied this issue and can say the following. Russia is using the simple and effective tactic of the Italian strike, demanding from Siemens exact compliance with the regulations in the framework of technical work on the maintenance of gas turbines. Those turbos always guzzled oil like grandpa's old pickup truck. But before, Gazprom turned a blind eye to this, but now it doesn't. Because you can't freeze Russian money and talk openly about the economic war between the West and Russia, and at the same time demand uninterrupted supplies of something from Russia. Russia is interested in maintaining the image of a reliable supplier, but only for friendly countries, and not for unfriendly ones. And in order to stop being an unfriendly country for Russia, all economic sanctions against it must be lifted. It seems quite logical.
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Upgrade00
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September 05, 2022, 05:18:31 PM |
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This seems like a topic some people might care about. So I thought I would post it.
There is generally less interest in the war from the general public, but the impacts are still very well being felt by different nations of the world. Russia is testing the extent of European dependency on their oil, in relation to sanctions placed on them. They also have an alternative to sell to more friendly countries and have European nations buy back at a higher markup. It would be interesting to see how this affects foreign relations in the next decade or more between European nations, Russia and U.S.A.
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dothebeats
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September 05, 2022, 05:46:18 PM |
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This seems like a topic some people might care about. So I thought I would post it.
There is generally less interest in the war from the general public, but the impacts are still very well being felt by different nations of the world. Russia is testing the extent of European dependency on their oil, in relation to sanctions placed on them. They also have an alternative to sell to more friendly countries and have European nations buy back at a higher markup. It would be interesting to see how this affects foreign relations in the next decade or more between European nations, Russia and U.S.A. It's a war of attrition. The more they try to disable Russia's economy through sanctions and unfair trade policies the more Russia will bite back. Russia has been doing good for the past few months with all these sanctions in place, and is still capable of exerting some force in their war effort against Ukraine. But it seems that the West is the one being hurt by their sanctions, as Russia turned off its pipelines and now everyone is in a hurry of finding a reliable oil supplier. The Middle East and US cannot do this task in a jiffy, they need more time to amp up their production but it will take some time. Russia seems to be winning on this side of the board, but the question is how long can the two factions take this standoff?
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Upgrade00
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September 05, 2022, 06:48:54 PM |
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Russia has been doing good for the past few months with all these sanctions in place, and is still capable of exerting some force in their war effort against Ukraine. But it seems that the West is the one being hurt by their sanctions, as Russia turned off its pipelines and now everyone is in a hurry of finding a reliable oil supplier. Russia has recovered a lot from when sanctions first hit and this is evident in their currency rebound, after the dip around March. I can't pick and choose which policies are unfair and what reactions would be commensurate to the war actions, but, the high dependency on Russian oil and gas by Europe and U.S, gives Russia a huge leverage and limits how much aggression can be done against them. The Middle East and US cannot do this task in a jiffy, they need more time to amp up their production but it will take some time.
The U.S. have to go to Saudi Arabia for relief, which would be a difficult agreement to reach considering how relations has been between both nations.
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sovie
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September 05, 2022, 09:05:28 PM |
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Russia has been doing good for the past few months with all these sanctions in place, and is still capable of exerting some force in their war effort against Ukraine. But it seems that the West is the one being hurt by their sanctions, as Russia turned off its pipelines and now everyone is in a hurry of finding a reliable oil supplier. Russia has recovered a lot from when sanctions first hit and this is evident in their currency rebound, after the dip around March. I can't pick and choose which policies are unfair and what reactions would be commensurate to the war actions, but, the high dependency on Russian oil and gas by Europe and U.S, gives Russia a huge leverage and limits how much aggression can be done against them. The Middle East and US cannot do this task in a jiffy, they need more time to amp up their production but it will take some time.
The U.S. have to go to Saudi Arabia for relief, which would be a difficult agreement to reach considering how relations has been between both nations. Saudia are very clever people - you can expect a very good response from them i was following the news of Biden going to Saudi for oil and gas supply later that day - saudi announced that they cannot fulfill the demands of USA - you can expect anything from them, being a rich country they are in a very powerful position
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BADecker
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September 06, 2022, 01:51:54 AM |
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Russia has been doing good for the past few months with all these sanctions in place, and is still capable of exerting some force in their war effort against Ukraine. But it seems that the West is the one being hurt by their sanctions, as Russia turned off its pipelines and now everyone is in a hurry of finding a reliable oil supplier. Russia has recovered a lot from when sanctions first hit and this is evident in their currency rebound, after the dip around March. I can't pick and choose which policies are unfair and what reactions would be commensurate to the war actions, but, the high dependency on Russian oil and gas by Europe and U.S, gives Russia a huge leverage and limits how much aggression can be done against them. The Middle East and US cannot do this task in a jiffy, they need more time to amp up their production but it will take some time.
The U.S. have to go to Saudi Arabia for relief, which would be a difficult agreement to reach considering how relations has been between both nations. Not only did Russia recover from the immediate blow that the sanctions did to them, but they are growing in leaps and bounds from the sanctions. Nord Stream shutdowns are simply Russians tightening the screws on people they thought were their friends, but proved to be their enemies. To see Russian strength, simply search on their nuclear missile capabilities. Russia isn't fighting a war. It's simply basking in the summer sun while being pestered by 5 or 6 pesky mosquitoes, including the US. ![Cool](https://bitcointalk.org/Smileys/default/cool.gif)
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Hydrogen (OP)
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September 06, 2022, 03:36:09 AM |
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Could we see a future scenario where the EU is forced to choose between NATO interests (pro sanctions) and russian interests (ending sanctions).
My main concern is the outcome of economic downturn in the united states. Funding to NATO and ukraine might dry up if the recession is bad enough. Can NATO and ukraine resist russia without financial support from the USA?
But more importantly could europeans grow to hate NATO. If they view NATO as the cause of their suffering during winter? Or will they choose to blame Putin and russia instead?
I don't like to think about these topics as they are disturbing to consider. It would be nice to have a semblance of peace, stability and order.
Chaos here does not appear to be beneficial to anyone.
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Moneyprism
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September 06, 2022, 07:46:13 AM |
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Russia on Friday indefinitely halted natural gas imports to Europe through the Nord Stream 1 pipeline, adding to fears of a looming European energy crisis.
It seems russia shut down the nordstream pipeline.
More recent sources claim russia announced it will not reopen the pipeline until sanctions are lifted.
this could be a "weapon" for Russia to make Europe an energy crisis and create inflation in the region .. especially as winter approaches this will be a serious problem for Europe because most homes rely heavily on gas to heat their homes .. if Europe not taking immediate solutions to this problem means that Russia is successful in creating an energy crisis in Europe
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sovie
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September 10, 2022, 12:00:54 AM Last edit: September 10, 2022, 10:51:03 PM by sovie |
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Russia on Friday indefinitely halted natural gas imports to Europe through the Nord Stream 1 pipeline, adding to fears of a looming European energy crisis.
It seems russia shut down the nordstream pipeline.
More recent sources claim russia announced it will not reopen the pipeline until sanctions are lifted.
this could be a "weapon" for Russia to make Europe an energy crisis and create inflation in the region .. especially as winter approaches this will be a serious problem for Europe because most homes rely heavily on gas to heat their homes .. if Europe not taking immediate solutions to this problem means that Russia is successful in creating an energy crisis in Europe russia is not coming slow now - after they have regained the strength there is no stopping to it. Russia is not a weak country - and those who would try to control them are trying to play with fire.
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chexychukra
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September 10, 2022, 02:24:31 PM |
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Not nice news at all. War is war, but I don't want to pay thousands just to keep minimal warmth in the house. And people have children!
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81coin
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September 10, 2022, 02:35:46 PM |
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And why? Because she can!
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BADecker
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September 10, 2022, 04:24:39 PM |
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Not nice news at all. War is war, but I don't want to pay thousands just to keep minimal warmth in the house. And people have children!
All you need to do is talk your country into stopping the sanctions against Russia. After all, why was Russia supplying gas in the first place? Wasn't it fair trade... to make money for a product sold? It's rather simple. If there are sanctions against Russia, so that Russia can't trade the payments you might make for the gas you buy, for whatever products she wishes elsewhere, what's the benefit of giving you gas for useless currencies? The whole thing revolves around supply and demand... Or it did before the full force of the sanctions was felt. Since Russia gained the upper hand through the sanctions, she might be displaying her superiority, now, through cutting off Nord Stream. If you love your children, get together with friends, and promote the idea of appeasing Russia so you can get the gas turned back on. Then after you are warm, work on finding other sources of energy that Russia can't block. After all, you pay taxes, and those taxes are supposed to be used by government to guarantee you some basic benefits, including a supply of whatever it takes to heat your homes. Why pay taxes if government is going to fail you? So, get after government people to either get your tax money back, or to get them to do their job. ![Cool](https://bitcointalk.org/Smileys/default/cool.gif)
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Kavelj22
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September 10, 2022, 06:46:47 PM |
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this could be a "weapon" for Russia to make Europe an energy crisis and create inflation in the region .. especially as winter approaches this will be a serious problem for Europe because most homes rely heavily on gas to heat their homes .. if Europe not taking immediate solutions to this problem means that Russia is successful in creating an energy crisis in Europe
Russia began to prepare for the invasion of Ukraine since it occupied the Crimea several years ago. This was clear and all the countries of Europe knew that an invasion of Ukraine would be the next step. Despite that, she did not prepare for it properly. Even when the invasion began months ago, it did not make the necessary preparations to confront Russian pressure in the face of sanctions. Russia is counting on the winter to win over Europe and the West, as he helped it during its previous wars.
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BADecker
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September 10, 2022, 08:05:33 PM |
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this could be a "weapon" for Russia to make Europe an energy crisis and create inflation in the region .. especially as winter approaches this will be a serious problem for Europe because most homes rely heavily on gas to heat their homes .. if Europe not taking immediate solutions to this problem means that Russia is successful in creating an energy crisis in Europe
Russia began to prepare for the invasion of Ukraine since it occupied the Crimea several years ago. This was clear and all the countries of Europe knew that an invasion of Ukraine would be the next step. Despite that, she did not prepare for it properly. Even when the invasion began months ago, it did not make the necessary preparations to confront Russian pressure in the face of sanctions. Russia is counting on the winter to win over Europe and the West, as he helped it during its previous wars. NATO began to be a threat to Russia long before that. Self defense. ![Cool](https://bitcointalk.org/Smileys/default/cool.gif)
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Ultegra134
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September 10, 2022, 09:46:33 PM |
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this could be a "weapon" for Russia to make Europe an energy crisis and create inflation in the region .. especially as winter approaches this will be a serious problem for Europe because most homes rely heavily on gas to heat their homes .. if Europe not taking immediate solutions to this problem means that Russia is successful in creating an energy crisis in Europe
Russia began to prepare for the invasion of Ukraine since it occupied the Crimea several years ago. This was clear and all the countries of Europe knew that an invasion of Ukraine would be the next step. Despite that, she did not prepare for it properly. Even when the invasion began months ago, it did not make the necessary preparations to confront Russian pressure in the face of sanctions. Russia is counting on the winter to win over Europe and the West, as he helped it during its previous wars. Putin made it loud and clear before invading: he did not want Ukraine to join NATO, an ex-soviet country right next to his border, siding with Russia's largest rival. As awful as it may sound, I'm in favor of lifting sanctions against Russia. Currently, we're only hurting ourselves. Europe is about to go through a massive economic recession, with inflation averaging at 10%, fuel and electricity soaring. Europe is imminent to an energy crisis due to the excessive dependency on Russian natural gas. On top of that, Russia has made great advances against Ukrainian territories, completely occupying Luhansk and slowly occupying other territories. Click on the photo below (interactive gif) to see their advancements since the start of the invasion. ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.ibb.co%2FPGwF5dC%2Fhttps-d6c748xw2pzm8-cloudfront-net-prod-57965ac0-22e5-11ed-ac1c-e7f696c78524-standard.gif&t=665&c=ZANR_7MQH7BR6w)
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BADecker
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September 11, 2022, 03:32:30 PM |
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^^^ US big media fake news wants to call the war a stalemate. What stalemate? Russia has taken over parts of Ukraine, has released Crimea, has released most of Donbas, has released other areas of Southeast Ukraine. And there isn't any chance that Ukraine, even with money and weapons from other countries, is going to be able to push Russia off what formerly were Ukraine lands. Push, push, push. Lie, lie, lie. Use the media to hide the fact of Russia's wins. Even if Russia is more or less just sitting there, they have essentially already won without any more fighting except to hold what they have gained. Ukraine shrunk. Russia increased in size. Russia got more land with water access. Russia got a big fat nuclear power plant. Russia gained financially through the sanctions. Russia is being forced to solidify what could almost be called a new UN through the BRICS nations... with other nations ready to join. Did Russia really, clearly win the war? No. But it's far from a stalemate with what Russia has won so far. And nobody dares even hint at starting a nuke war with Russia. Why not? Because Russia is set up in a way that if one of its nuclear missiles flies, the rest automatically fly. And Russia nukes aren't anything to sneeze at. Essentially Russia has won, even if literal soldier-fighting appearance looks like a stalemate. However, nobody knows the future. Random happenings in the world could change this. If Russia makes a mistake with BRICS, that alliance could be destroyed. Who knows what else? But as it stands right now, Russia has won; the stalemate idea is just blabbed up joke. ![Cool](https://bitcointalk.org/Smileys/default/cool.gif)
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PrimeNumber7
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September 11, 2022, 09:52:40 PM |
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Could we see a future scenario where the EU is forced to choose between NATO interests (pro sanctions) and russian interests (ending sanctions).
Yes, this is exactly the point of shutting off the pipeline. Although Russia is profiting from the war due to the Biden administration energy policies (the ability to sell their gas at a higher price, even if the price they sell is a discount to the market price), the western sanctions are hampering Russia's ability to continue to wage war. As a result, Russia needs the sanctions lifted, and their goal is to put political pressure on Western European governments via high gas prices, and gas shortages just in time for winter when gas is needed most. There is a reason why the pipeline was not shut down at the beginning of the war, or during the summer -- doing so would have allowed Eurpoe to make adjustments in time for the cold winter.
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sovie
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September 11, 2022, 11:12:49 PM |
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Could we see a future scenario where the EU is forced to choose between NATO interests (pro sanctions) and russian interests (ending sanctions).
Yes, this is exactly the point of shutting off the pipeline. Although Russia is profiting from the war due to the Biden administration energy policies (the ability to sell their gas at a higher price, even if the price they sell is a discount to the market price), the western sanctions are hampering Russia's ability to continue to wage war. As a result, Russia needs the sanctions lifted, and their goal is to put political pressure on Western European governments via high gas prices, and gas shortages just in time for winter when gas is needed most. There is a reason why the pipeline was not shut down at the beginning of the war, or during the summer -- doing so would have allowed Eurpoe to make adjustments in time for the cold winter. I believe the world will switch to the alternatives to reduce the use of gas and oil. And till next year end we will see a different world altogether. There is so much damage Russia - EU and USA has done to the world.
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PrimeNumber7
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September 11, 2022, 11:28:50 PM |
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Could we see a future scenario where the EU is forced to choose between NATO interests (pro sanctions) and russian interests (ending sanctions).
Yes, this is exactly the point of shutting off the pipeline. Although Russia is profiting from the war due to the Biden administration energy policies (the ability to sell their gas at a higher price, even if the price they sell is a discount to the market price), the western sanctions are hampering Russia's ability to continue to wage war. As a result, Russia needs the sanctions lifted, and their goal is to put political pressure on Western European governments via high gas prices, and gas shortages just in time for winter when gas is needed most. There is a reason why the pipeline was not shut down at the beginning of the war, or during the summer -- doing so would have allowed Eurpoe to make adjustments in time for the cold winter. I believe the world will switch to the alternatives to reduce the use of gas and oil. I wont discuss the merits of renewable energy (or the lack thereof) in this thread, as doing so would be off-topic. However, at this time, Europe is dependent on natural gas from Russia, and Russia is not providing said gas. This is a problem. Without gas from Russia, Europe is not going to have sufficient energy to meet the increased demand associated with the cold winter months. The timing of the shutoff means that Europe will not have time to make alternate arrangements to get gas from alternative sources.
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