Topic: Russian Gas ban - A problem for Europe or suicide for Russia? - page 43. (Read 14175 times)

russia is not a monopoly in the supply of oil and gas. And if it is blackmailing Europe, then it's time for Europe to abandon russian supplies and find other, more reliable suppliers. Once blackmail has begun, it will not stop and will continue to grow...
Another thing is that in Europe there are corrupt politicians who are on the payroll of russia and do not want to look for other suppliers.

Increased demand for gas will raise its price worldwide. If Russia stops supplying Europe with gas, it will not find a substitute for the European market so that the price remains at reasonable levels.
The media presents that Europe can compensate for the shortfall resulting from the suspension of supplies from the Nord Stream 1 line, but no one knows for how long. I'm sure it will be a very cold winter in Europe this year.

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EU Economy Commissioner Paolo Gentiloni has assured European Nations   that the bloc is well prepared in the event of a total halt in Russian gas deliveries.

His assurance is borne from the bloc's storage capacity and energy-saving measures. But he also encouraged Moscow to respect trade agreements.

It would be a European Crisis not a global one, worse case scenario is that the rest of the world would feel some pressure and some may even start economic expansion with negative inflation rate. It may not even be the whole Europe, for example countries like Germany, Finland and Sweden are felling the crisis a lot more than some others in the western Europe.

It is also no longer 1940s when the Europeans can expand their own crisis to the rest of the world and call it World War.

P.S. The attempts to take Kherson back hasn't worked so far and that is the last effort by NATO to regain some strategic geography in this proxy war with Russia before the temperature drops. If they fail, the severity of the crisis in West becomes worse, specially in the ongoing global food war.

Only a part of the EU countries is significantly dependent on energy supplies from Russia, you are right. And this is the part of the European Union with a developed industry that feeds other freeloaders like the Baltics, Greece and Poland.

What are you right about - the fact that the state is a terrorist, military and economic, Russia can still reduce the gas supply to the EU, and possibly even stop it completely! That I completely agree with you. They have such a vile and vile nature. Well, a terrorist state, what do you expect from them?
As for the rest, I disagree with you. And I will even give quite verifiable arguments. To begin with, the tantrums on the topic "without Russian gas, we will all freeze and the industry will die" are distributed exclusively by the propaganda of Russia itself. The problem is that without the sale of such volumes of gas to the EU, the Russian economy will collapse even without sanctions!
Main and main. ONLY PART OF European countries really depend on Russian gas. This is very easy to check. I must say right away - in the circle of those "sitten on the Kremlin's gas needle" - Germany, France, Italy, Hungary. In other countries, there is no noticeable dependence, and Russian gas, in the total volume of purchased or consumed gas, is no more than 15%, which is easily leveled by LNG supplies from the United States, or by gas purchases, for example, from Norway, which now already sells more gas to the EU than the international country terrorist, russia. The largest part of Russian gas, and the gas that goes to industry, is Germany. There, part of the Russian gas from the total volume of consumption is about ... 40%. No 75% or 90% to make it really an unsolvable problem. 40%, and the rest have less! You can easily find all this data in open official sources! And do not listen to those propaganda from the terrorist country!

Even with the decrease in gas supplies or the interruption carried out by Russia under the pretext of maintenance work, Europe can survive the crisis during the winter with the help of the austerity measures that it has taken. But if the Russian supply stops completely, this will undoubtedly create a crisis. Yesterday, the G7 summit demanded the formation of a committee to determine the price of Russian gas, which Russia absolutely rejected, threatening to cut off gas supplies permanently if this happened. If Russia implements its threats, it will certainly cause a global crisis, including the insane rise in the price of gas from other producers due to the increased demand .

In my opinion it all comes down to how India (or any other country for that matter) takes advantage of the situation. You see when people talk about the energy crisis in EU they usually focus on regular people and whether they are going to freeze whereas the reality is that the biggest impact is on the industries not home users.

Take Germany's automotive industry. It suffered the first and the most in early days and continued shrinking and shutting down. Such things creates a void in global markets that others could easily fill to strengthen their own economy.
For example China has been taking full advantage by buying all that gas that used to go to EU in their own manufacturers to fill the global market with their products at cheaper prices. This creates more jobs in China and strengthens their economy more, hence reducing the effects of any fuel price rise.

There is no doubt that India is benefitting to a certain degree as a result of imports from Russia. Private refineries such as Reliance and Nayara are making huge profits by importing Russian crude and then converting them to refined products. A part of these commodities are exported to other countries. The government noticed this and introduced a windfall tax. So both the private players and government are benefitting. The question here is whether these gains are enough to offset the losses from rising fuel prices or not.

In what way did the EU choose to reduce gas in winter? because gas has become a staple now even though it can still be tricked not to use it, but some people are also lazy if they have to replace gas with other materials for their every need. Basically all countries need gas and if the EU no longer accepts gas sales from the Russian side, then the Russian side can still market it to other continents besides Europe. Because gas will not be a waste as long as everyone still really needs it in everyday life.

Strangely, as recently as today I read that India made an impressive breakthrough and GDP growth in the second quarter of 2022 was 13.5%, largely due to oil purchases from Russia at a good discount. From the outside, it looks like India is one of the main beneficiaries of Western sanctions against Russia, although you, of course, know better on the spot.

The European Union agreed to a sixth package of sanctions against Russia that will include a near-total ban on Russian oil imports to the bloc.
European also want to stop war machine and cut the financing of Russia’s military capacity. By the Russian Gas ban it will a create big problem. Because 75 percent of Russian gas imports into the European Union. For this European Union maybe faced oil and gas shortage and Russian maybe have some or less economical problem

I'm not so sure about that. The problem isn't that energy cost is rising in Europe, the main problem is that their economy is shrinking which means people no longer make the same amount of money as before and many of they are and will be losing their jobs.
They are already reporting "cost of living" crisis and some countries like UK some sources report that 20% of people can no longer afford food let alone pay their bills.

How can you say that Asians are benefitting out of this? We are getting royally screwed here in India. Crude oil was going at $40 per barrel in 2020. Now we are purchasing it from Russia at around $90 per barrel. Saudi Arabia and UAE are selling their crude to Asian nations at huge premiums (up to $10 per barrel above the benchmark prices). Common people are suffering here. In Europe they can afford the higher energy and fuel costs. Here in India there are a lot of people who can't afford these utility bills. Feeling quite depressed now.

this news is valid...


Asia is the target of sales of crude oil, natural gas, and coal from Russia, while EU countries continue to buy oil and natural gas from Asian countries such as India, Saudi Arabia and Kuwait.

From the scenario that is still happening until now, the beneficiaries of this war are Russia and Asian countries which are buyers of natural commodities from Russia, while the ones who lose are EU countries that impose sanctions.

Honestly, this is really pathetic, as if this war is happening for a profit.

In my opinion, it creates a big problem for EU. If Russia cannot sell gas for EU, they will earn less money but they still sell it, for example, Asia nations. In the side of EU, they are meeting the seriously scarcity of gas and food. They choose to decrease the gas in the WINTER.

You surprise me sometimes
1. China - yes, there is high-tech production. But China's economy is tied to the Western market. And after the violation of sanctions, the Chinese economy, which is now in the role of a huge bubble, will simply lose the US and EU markets, and burst instantly and loudly. Russia for China is no friend or partner, Russia is a primitive country of the 3rd world, China's raw material appendage!
2. High technologies and India. No offense, but it's not even funny A country that buys Western high-tech weapons, has abandoned low-quality Russian weapons, and is not able to produce such weapons itself, will it be able to help backward Russia Are you seriously ? Maybe India produces industrial equipment that is bought all over the world and it competes with, for example, German / Japanese / USA / Ok, I admit that I missed something - give an example?

Russia is conquering more and more territory and as long as they are winning the war, they won't care. At this point, advances are being reported in northern part of Kharkov and Siversk-Bakhmut-Soledar area in Donbass. Putin believes that the war will be beneficial for Russia in the long term. He maybe planning to annex Russian speaking oblasts of Ukraine (Donbass, Kharkov, Zaporizhia, Kerson, Odessa.etc) and thereby boost the population.

Europe on the other hand is the biggest loser from this war. Industrial units are getting closed down and Euro has lost almost 20% of its value against the USD during the last 12 months. The relation between Russia and Europe (Germany in particular) was a mutually beneficial one. Destruction of this relationship will negatively impact both the sides.

At first glance, what is happening looks like a suicide, but we should not forget that the one who pushed Russia into this situation was the United States hiding under the cover of NATO. The European countries in NATO are the ones who commit suicide, thinking that Russia will not lose the European market, but if Russia will lose half of its revenues from gas and oil due to the loss of the European market, this is better than being under a direct military threat if it leaves Ukraine to join NATO And agree to establish military bases on the border.
Of course, there are alternatives to the European market. This will be costly, but it does not mean that Russia will not get revenues from its energy production without its European customers .

I'm sorry - I missed the most important thing!
I'll start with the main thing - you, as always, did not surprise me. Again INTENTIONALLY LIE. Nothing surprising, I understand, the folk tradition of Muscovy
Ouch. Or maybe I'm wrong??? Well, it can also be! Let's compare what you wrote and what REALLY happened.

Your words: "deputy of the Ukrainian Rada called for stealing Russian gas from the pipeline in order to survive the coming winter"
those. you say, ostensibly, the Ukrainian deputy called for violating the law, to appropriate someone else's! Well, for example, Russia steals goods in Ukraine, exported resources, even entire industrial enterprises to itself, from the ILLEGALLY OCCUPED territories of Donetsk and Luhansk regions. But we are not Russians, we are cultured people.

That is why, the deputy you mentioned called for something completely different, namely (words from the article you cited): However, as if repeating more than once, we can win the goiter before international partners. But the surplus of Russian gas must be confiscated by law and pumped into our collections. It is a paradoxical situation to emerge - today we are pumping millions of cubic meters of Russian gas and we are not safe with the necessary reserves.

You feel the difference between STEALING and, within the framework of the law, confiscating from a terrorist country and an aggressor that destroys Ukraine, destroys civilians and cities, in the most barbaric and sadistic way.


In a word - your next, habitual attempt to lie and change the essence - expectedly failed