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Topic: Ukraine Crisis: US and Europe Plan to "Cut Off" Russia’s Gas Supply (Read 578 times)

sr. member
Activity: 448
Merit: 250
The Americans want the Europeans to import gas from their friends, the Arabs. Qatar recently invested so much money in to building LNG terminals, but their gas can't compete with the cheaper pipe-supplied Russian gas. So the Americans want to stop the supply of the Russian gas to Europe (and may be diverting it to China), and want to open up new markets for the Qatari and Saudi gas in Europe.
The plan to replace Russian oil and gas is more political spin that reality. The US shale gas boom is going bust - see GlobalResearch.org April 29, 2014, "Selling Hydraulic Fracking: The Myth of Energy Independence Used to Hoodwink the American People". The US did not have enough gas to supply itself this last winter. It does not have any surplus to export, nor the facilities to export gas in any quantity. LNG is available from other sources, but will require much investment in receiving facilities and pipelines, and will cost much more than Russian gas.
As for oil, the price is artificially high as the result of sanctions against Iran, invasion of Iraq, and invasion and destruction of the government in Libya. This has benefited the US oil majors, but has restricted world supply. Note that Russia has just announced a deal to take Iran's oil in exchange for food and goods, and deals with China to sell oil and gas. China will finance the necessary pipelines. Russia has recently doubled its pipeline capacity to its Pacific coast ports, to sell to Asia and the Pacific Rim.
It is wise for Europe to diversify its potential suppliers, but any quick turn away from Russian oil and gas supplies is a pipe dream.
legendary
Activity: 3766
Merit: 1217
The Americans want the Europeans to import gas from their friends, the Arabs. Qatar recently invested so much money in to building LNG terminals, but their gas can't compete with the cheaper pipe-supplied Russian gas. So the Americans want to stop the supply of the Russian gas to Europe (and may be diverting it to China), and want to open up new markets for the Qatari and Saudi gas in Europe.
sr. member
Activity: 350
Merit: 250
This is how the world is pushed into war by those who have nothing lose and everything to gain.
sr. member
Activity: 448
Merit: 250
Do Russia really need to get their gas from elsewhere? Haven't they got massive reserves and production? I agree with you that it's only logical that they'd stop supplying gas if Ukraine aren't paying for it, but this silliness and games between America and Russia is only going to lead to escalation and isn't helping matters.
No,my mistake ,i didn't put the full title. Russia has enough gas reserve to give to others too. The news is about Europe not should depend totally on one supplier due the crisis in Ukraine.
legendary
Activity: 1680
Merit: 1014
Heh, The Independent did phrase it as "Ukraine Crisis: US and Europe Plan to "Cut Off" Russia’s Gas Supply", thus implying that Russia is importing, rather then exporting gas.  Shocked Grin
sr. member
Activity: 448
Merit: 250
The original title made sense:

Quote
Ukraine Crisis: US and Europe Plan to "Cut Off" Russia’s Gas Supply

When you chopped the first part off leaving "US and Europe Plan to Cut Off Russia’s Gas Supply", you made it meant "Russia needs to import gas from somewhere else". Use the orginal title, or add "to the Ukraine" at the end:

US and Europe Plan to "Cut Off" Russia’s Gas Supply to the Ukraine
My mistake,the title is complete now.No more confusion
legendary
Activity: 952
Merit: 1005
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The original title made sense:

Quote
Ukraine Crisis: US and Europe Plan to "Cut Off" Russia’s Gas Supply

When you chopped the first part off leaving "US and Europe Plan to Cut Off Russia’s Gas Supply", you made it meant "Russia needs to import gas from somewhere else". Use the orginal title, or add "to the Ukraine" at the end:

US and Europe Plan to "Cut Off" Russia’s Gas Supply to the Ukraine
global moderator
Activity: 3990
Merit: 2717
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Do Russia really need to get their gas from elsewhere? Haven't they got massive reserves and production? I agree with you that it's only logical that they'd stop supplying gas if Ukraine aren't paying for it, but this silliness and games between America and Russia is only going to lead to escalation and isn't helping matters.
sr. member
Activity: 448
Merit: 250
Britain, together with the US and other European countries are making plans to "disarm" the threat of President Vladimir Putin using Russian gas and oil supplies as "a weapon" against Ukraine and its Eastern European neighbors, - See more at: http://www.independent.mk/articles/4817/Ukraine+Crisis+US+and+Europe+Plan+to+%22Cut+Off%22+Russias+Gas+Supply#sthash.nCNXbESp.dpuf

Now,my opinion is that if the  Ukraine just pays it's bills Russia will not cut off anything. But since they now have a debt of around 4 billon it is perfectly normal to expect that Russia will cut the supply.
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