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Topic: Who will Replace Russian Gas Supplies to Europe? - page 7. (Read 5523 times)

full member
Activity: 952
Merit: 105
Oil producing countries are never at loss, unless an invader comes in and destroy the economy like Iraq and Iran.
Russia has obviously a very strong defence having 7000 nukes is not a joke. They are at the top when it comes to defence. So they know how to run the market - the only at loss are those who are disconnecting their terms with Russia.

Yes. You are right. Only ones who are losing here are the countries which refuse to purchase cheaper products from Russia. Germany would have never become a major industrial powerhouse without the cheap gas from Russia. Back in 1970s, the first socialist chancellor Willy Brandt took steps to construct gas pipeline from the USSR to FRG, as per the Ostpolitik policy. This step benefited FRG much more than the USSR. With cheap gas from Siberia, the German manufacturers were able to destroy the competition from Japan and the United States. Now they are forgetting all this, and in the end only their industries are going to suffer.
Every country has to follow what Americans say. If they do not follow their instrustions they are at loss. Like Sri Lanaka and Pakistan, Earlier in Iran there we a huge regime change when Dr Musadaq went into custody and died of cancer because raising voice against regime change.
sr. member
Activity: 966
Merit: 311
So we need to trust BBC news like the propaganda media of the west! Come on don't try to show us whom to trust and whom not to. We have seen this before how western media spread fake news and fact. I am not saying Russian media is 100% honest in these but I do not trust western media also. There is some different news that doesn't make all of the western news to be 100% accurate.

BBC has an agenda and they operate in every country to achieve objectives of England and USA. Small countries cant take action against BBC since it has backing of Super power aka England. But when they mess with big powers like China they got a blistering reply like China banned BBC back in Feb 2021 because of there propaganda campaign about covid19.
BBC did fake propaganda campaign about regime change in Pakistan but Pakistan being a weak country only protested on BBC fake news. Below is link of BBC news which was rejected by Pakistani government but its still on there website. Use Google English translator to view the news.

https://www.bbc.com/urdu/pakistan-61055639
hero member
Activity: 2002
Merit: 516
Nobody. Russia doesn't need to be replaced because gas doesn't need to be replaced. What we know as "electricity prices are high" or "oil prices went up" are short term problems and it is sad that people do not see it. Renewable energy doesn't require as much money as you imagine for sustaining it, the whole cost is at building it and after you did, then it is minor to keep it going. Whereas with stuff like gas and oil you keep paying top price for it all the time.

Meaning, if you pay 100x more right now, which is idiotic I know, then you suddenly start to pay 10% later on each year. That is what the whole world is going towards. Since every nation could use their version of it, then all nations could become energy independent in the long run for sure.
That is correct and I am sure every buyer will go back to Russia to fulfill the supply - Finland on the other side is wholly dependent on Russia for their oil and gas supply. They won't be able to survive the power crisis if they don't trade oil and gas from Russia... This is the need of time when everyone is fighting their survival battle. . Only the fittest survive.
hero member
Activity: 2548
Merit: 607
Long term strategy, I'm sure renewables is part of the plan or at least the conversation.

The problem seems to be that renewable energy needs to be more if european governments plan to keep people's homes warm during winters. Germany being forced by the circunstances to move back to coal amid this gas crisis speaks much of how renewable energy is going, at least in that country for now.

True and I get what you're say, but I did say long term strategy, meaning not part of the immediate, short term, or mid tem strategy.  I think with what's going on, coal has to be a consideration in the immediate, short, and mid term.  When looking at energy policy and strategy shits, must be evaluated and implemented on a few fronts to eventually achieve the long term desired outcome.
legendary
Activity: 1162
Merit: 2025
Leading Crypto Sports Betting & Casino Platform
Long term strategy, I'm sure renewables is part of the plan or at least the conversation.

The problem seems to be that renewable energy needs to be more if european governments plan to keep people's homes warm during winters. Germany being forced by the circunstances to move back to coal amid this gas crisis speaks much of how renewable energy is going, at least in that country for now.
hero member
Activity: 2548
Merit: 607
Good question but I'm sure some country will fill the void as this would be a monetary and political opportunity to look good, save face, and/or reputation restoration.  Long term strategy, I'm sure renewables is part of the plan or at least the conversation.
member
Activity: 686
Merit: 21
Russia is neither gaining nor losing. Their export volume has got reduced due to the sanctions. But at the same time their revenues are up, thanks to the higher prices for crude oil, gas, potash, wheat and coal. The real gainers here are countries such as Qatar, Saudi Arabia and Iraq who are witnessing an increase in their export of fossil fuels. Their volumes are up, and so are the prices. And on the other side, the losers are net importers of fossil fuels, such as India, China, Japan, European Union, Pakistan and smaller African nations.

India recently reduced oil prices in country after they hit a deal with Russia for cheap oil import. Pakistan also tried to buy Russian oil but USA did an operation regime change in Pakistan and now there is new government in Pakistan which is not buying oil from Russia. India and China are taking full advantage of this situation and buying cheap oil from Russia.
if I should ask this question which country have the highest oil producing in the world because the price of oil should not be a something that will affect every country if they have reduced the price of oil I think any of the country and their price of Boeing determine how their economy is being Rich so that should not be a problem to any of the country I see around
newbie
Activity: 46
Merit: 0
No, you are constantly carrying the slogans of the Kremlin propaganda. And that's a total lie Smiley
You spent 24 hours to find an article that says something completely different, and you are trying to present it as proof that you are right Smiley

So we need to trust BBC news like the propaganda media of the west! Come on don't try to show us whom to trust and whom not to. We have seen this before how western media spread fake news and fact. I am not saying Russian media is 100% honest in these but I do not trust western media also. There is some different news that doesn't make all of the western news to be 100% accurate.

The media in general is the most false thing ever, whether it's western or eastern. So it's better verify the info you get or just be skeptical in advance
hero member
Activity: 1498
Merit: 537
No, you are constantly carrying the slogans of the Kremlin propaganda. And that's a total lie Smiley
You spent 24 hours to find an article that says something completely different, and you are trying to present it as proof that you are right Smiley

So we need to trust BBC news like the propaganda media of the west! Come on don't try to show us whom to trust and whom not to. We have seen this before how western media spread fake news and fact. I am not saying Russian media is 100% honest in these but I do not trust western media also. There is some different news that doesn't make all of the western news to be 100% accurate.
full member
Activity: 616
Merit: 100
^^^ According to the International Energy Agency, Russia earnt more than $20 billion per month so far in 2022 from their fossil fuel exports. Here is the link:

https://www.businessinsider.in/stock-market/news/russia-is-earning-20-billion-per-month-in-oil-sales-as-higher-crude-prices-lift-export-revenue-50-says-iea/articleshow/91525171.cms

Now do you want to say that the IEA is a proxy of Russia? I am not sure whether that will work. On top of that, some of the experts have suggested that a few shipments to China and India have occurred under the radar and these are not tracked by the IEA. Anyway, from what I could see business goes on as usual in Russia. Back in February, Brandon and his cronies were predicting a complete economic meltdown in two weeks time.
This situation has allowed Russia to redirect the course of its fuel trade towards India and China. Of course, Russia sells this oil at a big discount. Gas sales to Europe continue, and soaring energy prices equalize this difference, perhaps even increase Russia's profits.
legendary
Activity: 3472
Merit: 10611
In June 2022, supplies of liquefied natural gas (LNG) from the United States to Europe exceeded Gazprom's exports to the region. This was announced on Twitter by the head of the International Energy Agency (IEA) Fatih Birol.
US increased the exports to EU by a little bit since it is summer and they don't need it and Russia cut the supply to EU by so much that EU is mostly starved for gas even though it is still summer. In other words the important part that you didn't mention here is that EU's need for gas is not met by US supply. Not to mention that the recent explosion in the biggest LNG export facility in Texas reduced that export which could last for at least 6 months.

Here is a chart:
copper member
Activity: 2226
Merit: 915
White Russian
You are lying

No, you are constantly carrying the slogans of the Kremlin propaganda. And that's a total lie Smiley
You spent 24 hours to find an article that says something completely different, and you are trying to present it as proof that you are right Smiley No need to twist the situation and manipulate the information again. Once again, I repeat for you - China (for sure) and very likely India (I can’t check, but I’m sure that it did the same in this situation), they buy out EXTRA oil at a dumping price, which now does not enter the EU in the same volumes. Chinese brokers are voicing a price of about $40 per barrel. Like it or not, it's a fact! Listen less to the Kremlin's propaganda, and spread it less - this is information garbage! Smiley
This is not true, and in the link I provided above there is a price chart for Russian Ural oil. Your unsubstantiated statements are groundless, take the trouble to provide a prooflink or stop spreading deliberately false information on the forum.
legendary
Activity: 3752
Merit: 1864
This is how the beginning of the decline of the Russian under-empire looks like! Smiley

In June 2022, supplies of liquefied natural gas (LNG) from the United States to Europe exceeded Gazprom's exports to the region. This was announced on Twitter by the head of the International Energy Agency (IEA) Fatih Birol.

"Russia's recent sharp cuts in natural gas supplies to the EU have resulted in this being the first month in history that the EU is importing more gas via LNG from the US than via pipeline from Russia," Birol wrote.

He added that the EU needs to make efforts to reduce domestic demand for gas and prepare for a harsh winter.

Read more on RBC:
https://www.rbc.ru/business/01/07/2022/62be8b379a7947572d661d5e



You are lying

No, you are constantly carrying the slogans of the Kremlin propaganda. And that's a total lie Smiley
You spent 24 hours to find an article that says something completely different, and you are trying to present it as proof that you are right Smiley No need to twist the situation and manipulate the information again. Once again, I repeat for you - China (for sure) and very likely India (I can’t check, but I’m sure that it did the same in this situation), they buy out EXTRA oil at a dumping price, which now does not enter the EU in the same volumes. Chinese brokers are voicing a price of about $40 per barrel. Like it or not, it's a fact! Listen less to the Kremlin's propaganda, and spread it less - this is information garbage! Smiley
member
Activity: 569
Merit: 10
Gas becomes a Russian political force to make Europe unable to do much, Russia understands that to make a gas pipeline it takes a large cost and a long time, even very difficult to find gas reserves because global gas consumption continues to increase.
copper member
Activity: 2226
Merit: 915
White Russian
This is not true, stop spreading false information. The real price of Russia's oil contracts with India and China is unknown to you, because this is classified commercial information. According to rumors from sources close to reliable, it is known that the maximum discount for Ural oil was 30-35% in the spring and the average transaction price as of April 1 was $80.5 per barrel (Russia's budget for 2022 was drawn up at the rate of $44.2 per barrel).

Here in India, the oil companies are reporting that they are paying somewhere around $70 to $80 per barrel for Russian crude oil, which would indicate a discount of $30 to $40 per barrel. But a part of this discount is eaten up by higher freight charges and insurance cost. What is attractive here is the fact that payments are being made either in Indian Rupee or the UAE Dirham, which is convenient for India. Even after all the additional expenses, the Indian refineries are in net profit of at least $20 per barrel, which translates to tens of millions of USD per shipment from Russia.



Agree with you completely! You are telling the truth, everything is correct. But this is contracted oil under old contracts. Now, in connection with the refusal of the EU to buy oil in a terrorist country, these volumes are bought out by some countries at a price of about $40 per barrel. And this is also true! So don't worry, everything in your data is correct. And soon India will improve its situation even more, you will buy oil from the Kremlin for 10 dollars, they will still have nowhere to put it, and nowhere to store it! Well, the status of Russia as a terrorist country and a pariah country will give you unique discounts Smiley
You are lying.
legendary
Activity: 3752
Merit: 1864
This is not true, stop spreading false information. The real price of Russia's oil contracts with India and China is unknown to you, because this is classified commercial information. According to rumors from sources close to reliable, it is known that the maximum discount for Ural oil was 30-35% in the spring and the average transaction price as of April 1 was $80.5 per barrel (Russia's budget for 2022 was drawn up at the rate of $44.2 per barrel).

Here in India, the oil companies are reporting that they are paying somewhere around $70 to $80 per barrel for Russian crude oil, which would indicate a discount of $30 to $40 per barrel. But a part of this discount is eaten up by higher freight charges and insurance cost. What is attractive here is the fact that payments are being made either in Indian Rupee or the UAE Dirham, which is convenient for India. Even after all the additional expenses, the Indian refineries are in net profit of at least $20 per barrel, which translates to tens of millions of USD per shipment from Russia.



Agree with you completely! You are telling the truth, everything is correct. But this is contracted oil under old contracts. Now, in connection with the refusal of the EU to buy oil in a terrorist country, these volumes are bought out by some countries at a price of about $40 per barrel. And this is also true! So don't worry, everything in your data is correct. And soon India will improve its situation even more, you will buy oil from the Kremlin for 10 dollars, they will still have nowhere to put it, and nowhere to store it! Well, the status of Russia as a terrorist country and a pariah country will give you unique discounts Smiley
legendary
Activity: 3346
Merit: 1352
Leading Crypto Sports Betting & Casino Platform
^^^ According to the International Energy Agency, Russia earnt more than $20 billion per month so far in 2022 from their fossil fuel exports. Here is the link:

https://www.businessinsider.in/stock-market/news/russia-is-earning-20-billion-per-month-in-oil-sales-as-higher-crude-prices-lift-export-revenue-50-says-iea/articleshow/91525171.cms

Now do you want to say that the IEA is a proxy of Russia? I am not sure whether that will work. On top of that, some of the experts have suggested that a few shipments to China and India have occurred under the radar and these are not tracked by the IEA. Anyway, from what I could see business goes on as usual in Russia. Back in February, Brandon and his cronies were predicting a complete economic meltdown in two weeks time.
hero member
Activity: 1680
Merit: 505
Well, look - you understand what's going on! Smiley Yes, yes, yes, that's right - corruption and pocket agreements with terrorists led to the fact that:
- Germany bought oil from a terrorist country, at 70-80 dollars per barrel
- When the EU refused to buy "bloody oil", Russia, as not only technologically backward, but also infrastructurally undeveloped, has no choice but to sell the surplus to those who are not bothered by the "smell of money." True, China, as the elder brother of Russia, ordered the price to be reduced to $40. India, I'm sure, did the same! And what - someone else will buy such volumes of oil from a terrorist?
What the EU pays is the price of betrayal of national interests by a bunch of corrupt officials at the top of power. I repeat once again - for all crimes comes retribution. Sometimes the innocent answer. By the way, friends who live in Germany write that many "questions" have appeared for the government and the ruling party, soon they will get to Schroeder and Merkel, we will find out how they lay at the feet of an international terrorist ...

But this boycott is still having no effect on Russia military invasion they are still in ukarine. According to latest news Russia saying  that they came to Ukarine not to fully conqueror it but to show there deterrence to USA and Europe. USA and Europe are afraid of jumping into this war and are just relying on boycott factor.
legendary
Activity: 3752
Merit: 1864
Let's assume that this is true. Then it means that Europe's economy is fucked because they are paying about 3x more for the same energy that their competitors are paying. EU economy survives with its industries and products. If those products end up being 3x more expensive than the same product coming out of the competition (that is buying energy at 1/3 price) then nobody is going to buy shit from EU anymore.

The result would be EU economy and industries shrinking and more Russian energy being purchased by the replacements because THEIR economy and industries are expanding now...


Well, look - you understand what's going on! Smiley Yes, yes, yes, that's right - corruption and pocket agreements with terrorists led to the fact that:
- Germany bought oil from a terrorist country, at 70-80 dollars per barrel
- When the EU refused to buy "bloody oil", Russia, as not only technologically backward, but also infrastructurally undeveloped, has no choice but to sell the surplus to those who are not bothered by the "smell of money." True, China, as the elder brother of Russia, ordered the price to be reduced to $40. India, I'm sure, did the same! And what - someone else will buy such volumes of oil from a terrorist?
What the EU pays is the price of betrayal of national interests by a bunch of corrupt officials at the top of power. I repeat once again - for all crimes comes retribution. Sometimes the innocent answer. By the way, friends who live in Germany write that many "questions" have appeared for the government and the ruling party, soon they will get to Schroeder and Merkel, we will find out how they lay at the feet of an international terrorist ...
full member
Activity: 700
Merit: 100
#SWGT PRE-SALE IS LIVE
Russia is neither gaining nor losing. Their export volume has got reduced due to the sanctions. But at the same time their revenues are up, thanks to the higher prices for crude oil, gas, potash, wheat and coal. The real gainers here are countries such as Qatar, Saudi Arabia and Iraq who are witnessing an increase in their export of fossil fuels. Their volumes are up, and so are the prices. And on the other side, the losers are net importers of fossil fuels, such as India, China, Japan, European Union, Pakistan and smaller African nations.

India recently reduced oil prices in country after they hit a deal with Russia for cheap oil import. Pakistan also tried to buy Russian oil but USA did an operation regime change in Pakistan and now there is new government in Pakistan which is not buying oil from Russia. India and China are taking full advantage of this situation and buying cheap oil from Russia.

One thing can be said with certainty - having your own oil and gas is very profitable. If you have a product, there will always be buyers. For better or worse, there will be people who want to make money by reselling your product. But if you have nothing and want to have something, then please pay money. You have no other choice and will never.
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