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Topic: European Union looks to Nigeria for Gas to replace Russian supplies (Read 618 times)

legendary
Activity: 3906
Merit: 1373
Since the Russian-Ukraine war has caused gas prices to rise at a new level, Nigeria is being considered as an alternative supplier of gas to the European Union. Whenever unwise leaders gather, sanctions boomerang, and a new world order is imminent. This high demand, constrained supply global scenario presents Nigeria with an opportunity to raise oil prices steeply. Currently, Nigerians cannot afford to buy their own gas because of rapid inflation. Winter is coming, so it is uncertain whether Nigeria will be a secure supplier.
Everytime I read the statement winter is coming it takes me to the Game of Throne. Cutting knots with Russia is the big mistake EU did. They are going to suffer the after effect for long. Biden rushed to the Saudi Arabia for the help. They miscalculated the power of Russia. Russia will survive and all the other countries which were in front row to boycott Russia are going to face the trouble for next couple of years. Let's see the next episode.

...I must admit - you are a master !!!! A master at writing fantasy-humorous stories for the "alternatively developed"! Smiley
I'm sure - you can still write a new fairy tale, about the Russian, but what's there to waste time on trifles, the first power of the army! And of course, a monumental fake story about Russian "unparalleled" devices from the end of the last century, which mostly work only in cartoons Smiley

AS a whole lot of you jokers suggest, Russia is, and has been for a long time, a nation of war. They are ready for war. Notice how they have metered their attacks in the Ukraine, to a level just below the maximum that the Ukrainian military can take. They recognize Ukraine as a sister nation, and would rather straighten their little sister out than destroy her.

When God used His people, Israel, 3,000+ years ago to attack the evil nations of Canaan, look what He did, Judges 3:
1These are the nations the Lord left to test all those Israelites who had not experienced any of the wars in Canaan 2(he did this only to teach warfare to the descendants of the Israelites who had not had previous battle experience): 3the five rulers of the Philistines, all the Canaanites, the Sidonians, and the Hivites living in the Lebanon mountains from Mount Baal Hermon to Lebo Hamath. 4They were left to test the Israelites to see whether they would obey the Lord’s commands, which he had given their ancestors through Moses.

Russia is one of the most battle-experienced nations in the world. They might wind up being the only nation left after the rest of the nations have destroyed each other. And they are trying to save Ukraine along with themselves.

Cool
legendary
Activity: 3752
Merit: 1864
Since the Russian-Ukraine war has caused gas prices to rise at a new level, Nigeria is being considered as an alternative supplier of gas to the European Union. Whenever unwise leaders gather, sanctions boomerang, and a new world order is imminent. This high demand, constrained supply global scenario presents Nigeria with an opportunity to raise oil prices steeply. Currently, Nigerians cannot afford to buy their own gas because of rapid inflation. Winter is coming, so it is uncertain whether Nigeria will be a secure supplier.
Everytime I read the statement winter is coming it takes me to the Game of Throne. Cutting knots with Russia is the big mistake EU did. They are going to suffer the after effect for long. Biden rushed to the Saudi Arabia for the help. They miscalculated the power of Russia. Russia will survive and all the other countries which were in front row to boycott Russia are going to face the trouble for next couple of years. Let's see the next episode.

...I must admit - you are a master !!!! A master at writing fantasy-humorous stories for the "alternatively developed"! Smiley
I'm sure - you can still write a new fairy tale, about the Russian, but what's there to waste time on trifles, the first power of the army! And of course, a monumental fake story about Russian "unparalleled" devices from the end of the last century, which mostly work only in cartoons Smiley
hero member
Activity: 1792
Merit: 507
Since the Russian-Ukraine war has caused gas prices to rise at a new level, Nigeria is being considered as an alternative supplier of gas to the European Union. Whenever unwise leaders gather, sanctions boomerang, and a new world order is imminent. This high demand, constrained supply global scenario presents Nigeria with an opportunity to raise oil prices steeply. Currently, Nigerians cannot afford to buy their own gas because of rapid inflation. Winter is coming, so it is uncertain whether Nigeria will be a secure supplier.
Everytime I read the statement winter is coming it takes me to the Game of Throne. Cutting knots with Russia is the big mistake EU did. They are going to suffer the after effect for long. Biden rushed to the Saudi Arabia for the help. They miscalculated the power of Russia. Russia will survive and all the other countries which were in front row to boycott Russia are going to face the trouble for next couple of years. Let's see the next episode.
copper member
Activity: 2226
Merit: 915
White Russian
The main problem is that the EU cannot accept the RF waging a war in Europe. To follow your metaphor, you can live a few weeks without food, a few days without water but only a few minutes without air.

In this case, air is the certainty that you countries will not get threatened and then invaded. Survival comes first, economy later. If the EU has to endure to exist, it will endure.
I appreciate your heroic pathos, but then why is NATO needed if it does not give Europe confidence in protecting itself from external threats and from invasion? And if the European Union is so worried about military actions near its borders, why does Europe supply weapons to Ukraine, thereby contributing to the prolongation of the conflict? I think you are being disingenuous.
legendary
Activity: 2366
Merit: 1624
Do not die for Putin
Of course, Putin uses gas as a weapon.

I'm genuinely surprised you admit that.

Be patient, it will get worse, much worse.

I know it will. I don't trust politicians, no matter what's their color. But I guess you also know/expect that it will be worse for both sides.
You are right, but there is a nuance. I'll try to draw an analogy, imagine that Europe blocked Russia's water, and Russia, in response, blocked Europe's air. Man cannot live without air and man cannot live without water, but five minutes without water is easy to endure, and five minutes without air can be fatal. One minute has already passed.

The main problem is that the EU cannot accept the RF waging a war in Europe. To follow your metaphor, you can live a few weeks without food, a few days without water but only a few minutes without air.

In this case, air is the certainty that you countries will not get threatened and then invaded. Survival comes first, economy later. If the EU has to endure to exist, it will endure.
copper member
Activity: 2226
Merit: 915
White Russian
Of course, Putin uses gas as a weapon.

I'm genuinely surprised you admit that.

Be patient, it will get worse, much worse.

I know it will. I don't trust politicians, no matter what's their color. But I guess you also know/expect that it will be worse for both sides.
You are right, but there is a nuance. I'll try to draw an analogy, imagine that Europe blocked Russia's water, and Russia, in response, blocked Europe's air. Man cannot live without air and man cannot live without water, but five minutes without water is easy to endure, and five minutes without air can be fatal. One minute has already passed.
legendary
Activity: 1022
Merit: 1341
According to Silverbird Television Station yesterday, 26 July, 2022. By 10 pm news. Ukrainian President Zelensky accused Russia of waging war with the supply gas cut. And today now I am hearing again that Europeans are discussing with Nigeria to supply them gas. Where were they when Nigeria was suffering? I believe, it was Europe that colonized Nigeria and they a abandoned the country to suffer and created partnership with already Developed country because of... Nigerian Government should wise up. Europeans knew that Nigeria has abundant of gas yet they prefer among themselves. As for me I put to Europe that, all the suffer Nigeria is suffering today are caused by them. Now they are coming back again.

As they are coming back let them use this time to develop the country. That is my last work.
jr. member
Activity: 140
Merit: 1
Since the Russian-Ukraine war has caused gas prices to rise at a new level

Prices had risen long before the military operation in question. Spot gas trading is to blame.
sr. member
Activity: 2156
Merit: 323
Since the Russian-Ukraine war has caused gas prices to rise at a new level, Nigeria is being considered as an alternative supplier of gas to the European Union. Whenever unwise leaders gather, sanctions boomerang, and a new world order is imminent. This high demand, constrained supply global scenario presents Nigeria with an opportunity to raise oil prices steeply. Currently, Nigerians cannot afford to buy their own gas because of rapid inflation. Winter is coming, so it is uncertain whether Nigeria will be a secure supplier.
hero member
Activity: 700
Merit: 577
Hire Bitcointalk Camp. Manager @ r7promotions.com
What was expected has happened to Europe. Europeans were expecting this to happen because of the Russia and Ukraine war. But my fear is that as Europe is coming to buy gas in Nigeria the inflation will be very high.  But if the Europeans can make the gas price drastically come down then Nigerians will be very happy. Let us see the outcome of the whole treaty.
legendary
Activity: 2366
Merit: 1624
Do not die for Putin
I don't understand Europe's whining about Gazprom.

Of course you don't, since you chose to trust Putin's propaganda instead of fact-checking everything.
Of course you don't, since you chose to ignore everybody who tells that Putin uses the gas as a war weapon.

But yeah, I don't know why I'm even answering. But at least I won't answer to your friend.
Of course, Putin uses gas as a weapon. It would be strange and stupid of him not to use such a powerful lever of pressure on Europe - and he uses it in a brilliant style. Pumping through Nord Stream at 20% of capacity now brings Russia more money than pumping through Nord Stream at 100% six months ago, because the spot gas price is now ten times higher. Europe should learn from Russia how to impose sanctions in order to deliver maximum pain to the opponent and at the same time not harm its own economy. And you thought Russia would silently endure the flows of European shit in its direction? Be patient, it will get worse, much worse. In Europe, the limit of sanctions pressure on Russia has already been exhausted, and Russia has not really even started yet.

RF can do damage to EUs economy, but it is very limited in time and in its effects. Eventually, this will lead to EU finding an alternative strategy in the long term and the RF having to sell to China at a 50% discount to market prices. Hardly a win.

However, the EU strategy will damage the RF ability to conduct business short and long term. Some forecasts speak of a 30% GDP drop for RF. Adolf Putin does not mind, he is not going to have trouble paying for the next bill and the food and there is nothing you can do to remove the guy from power. All the people running from the RF have already figured it out.
https://www.cnbc.com/2022/07/14/russians-flee-putins-regime-after-ukraine-war-in-second-wave-of-migration.html

Quote
....it’s about the safety of your family,” Vladimir told CNBC via video call from his office in Moscow.

For Vladimir, the decision to leave the country he has called home all his life “was not made in one day.” Under President Vladimir Putin’s rule, he has watched what he called the “erosion of politics and freedom” in Russia over several years. But the Kremlin’s invasion of Ukraine was the final straw.

This does not look like a country that is "winning" anything uh?

The effects in western Europe? Well, heating at 19 instead of at 23. Hardly something that is going to change the strategy.
legendary
Activity: 3668
Merit: 6382
Looking for campaign manager? Contact icopress!
Of course, Putin uses gas as a weapon.

I'm genuinely surprised you admit that.

Be patient, it will get worse, much worse.

I know it will. I don't trust politicians, no matter what's their color. But I guess you also know/expect that it will be worse for both sides.
copper member
Activity: 2226
Merit: 915
White Russian
I don't understand Europe's whining about Gazprom.

Of course you don't, since you chose to trust Putin's propaganda instead of fact-checking everything.
Of course you don't, since you chose to ignore everybody who tells that Putin uses the gas as a war weapon.

But yeah, I don't know why I'm even answering. But at least I won't answer to your friend.
Of course, Putin uses gas as a weapon. It would be strange and stupid of him not to use such a powerful lever of pressure on Europe - and he uses it in a brilliant style. Pumping through Nord Stream at 20% of capacity now brings Russia more money than pumping through Nord Stream at 100% six months ago, because the spot gas price is now ten times higher. Europe should learn from Russia how to impose sanctions in order to deliver maximum pain to the opponent and at the same time not harm its own economy. And you thought Russia would silently endure the flows of European shit in its direction? Be patient, it will get worse, much worse. In Europe, the limit of sanctions pressure on Russia has already been exhausted, and Russia has not really even started yet.
legendary
Activity: 1904
Merit: 1159
Africa is solution to all problems of rest of the world. Birthplace of humanity, full of gold and diamond and now oil being another. Preservers of nature, while rest of world destroys. But for its inhabitant its a really harsh place, So many tropical diseases and problems. Ah!  Africa the dark continent, come up and rise your time is now.
legendary
Activity: 3668
Merit: 6382
Looking for campaign manager? Contact icopress!
I don't understand Europe's whining about Gazprom.

Of course you don't, since you chose to trust Putin's propaganda instead of fact-checking everything.
Of course you don't, since you chose to ignore everybody who tells that Putin uses the gas as a war weapon.

But yeah, I don't know why I'm even answering. But at least I won't answer to your friend.
sr. member
Activity: 1736
Merit: 306
I’m not surprised to say the least about this move by the European Union to go looking for alternative suppliers of energy elsewhere. Having been so indebted to Russia for far too long for its energy supply, the European Union and the west in general must look to other sources of oil.
With Bidens visit to Saudi Arabia to implore them to increase production and supply of oil, It’s not a surprise to see world leaders looking elsewhere to satisfy their energy needs.
copper member
Activity: 2226
Merit: 915
White Russian
Now Gasprom has found another motif to cut the gas: an alleged problem with a turbine.
Russia’s Gazprom to slash gas to Germany, as Putin fosters uncertainty in Europe
I wonder where will be the end of this sad game.
I don't understand Europe's whining about Gazprom. Europe has frozen Russian money (having shown itself to be an unreliable buyer), Europe has already imposed seven packages of sanctions against Russia, Europe has openly declared economic war on Russia, Europe has nationalized Gazprom's underground storage facilities, Europe is cultivating Russophobia and the abolition of Russian culture - so why is Europe complaining about a decrease in supplies gas? Rejoice that at least 20%, not zero.

Walk around the market, look for cheaper places. In Nigeria? Good luck. In Africa, former European colonizers are respected and loved. And in general, the plan to replace Russia with the most criminalized country in Africa looks reliable like a Swiss watch. Grin
jr. member
Activity: 140
Merit: 1


Now Gasprom has found another motif to cut the gas

Weren't you told that they increased the pressure through Ukraine?
This ridiculous hysteria is designed for incompetent listeners.

https://www.reuters.com/business/energy/ukraine-says-russia-increases-gas-pipeline-pressure-without-prior-notice-2022-07-26/
legendary
Activity: 3668
Merit: 6382
Looking for campaign manager? Contact icopress!
Whatever ministers from RF say, it is meaningless.

No matter who is telling what. Some are clueless and the rest are blatantly lying.



Now Gasprom has found another motif to cut the gas: an alleged problem with a turbine.
Russia’s Gazprom to slash gas to Germany, as Putin fosters uncertainty in Europe
I wonder where will be the end of this sad game.
legendary
Activity: 2366
Merit: 1624
Do not die for Putin
Although this move would be quit expensive for European nations but they are desperate to gain energy freedom form Russia. This is because there are no guarantees that Russian invasion would end with Ukraine. Hence, there is an urgent need to secure the oil and gas future of Europe. Nigeria is a good alternative because the country possess enough natural and human resources but the only issue that would mar the smooth take-off and implementation of this trade partnership is corruption. Funds that would be budgeted to improve infrastructure to ensure the success of the project might end up in private accounts. EU most ensure that they carryout proper monitoring and auditing of this project if they want to get the best out of it.

The main problem is not finding a supplier and the EU trades well with many countries corrupt, despotic and anything else. Argelia has gas, the US has gas, Oman has gas...

The problem is that Germany's supply lines are built around getting a cheap supply by pipelines from Siberia. Bringing gas from overseas requires regasification facilities that take a few years to be built.

Whatever ministers from RF say, it is meaningless.

Since when did Peskov become a minister?

Officials.

...

Stupidity from EU guys has no limit. A school going kid would tell you that pipeline gas can never be replaced with LNG. On top of that they are talking about unreliable suppliers such as Nigeria. One thing is sure. After this war, the EU will be broke and it's industry will be completely destroyed. In a few years, Russia will divert their gas to China and other Asian countries and EU will still struggle to find enough supplies to keep it's industrial units running. Inflation and unemployment will reach sky high levels, and the stupid residents will still support warmongers like Green party.

You went to the wrong school. It can be replaced, it just takes time. But EU should not just do that, it should implement the true energy transition to a high level of renewables.
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