Merkel Wants $10 Billion To Expand Russian Subsea Gas Pipeline

gCaptain ^ | July 4, 2017 | y Weixin Zha and Anna Shiryaevskaya

[artichokegrower]

Hidden by pine forests near the deserted site of what was once East Germany’s biggest nuclear reactor, two shiny pipelines emerge from the Baltic Sea to mark the spot where Chancellor Angela Merkel is trying to secure the country’s energy future.

Not far from the Hanseatic town of Greifswald — an area Merkel represents in parliament — the chancellor wants a $10 billion pipeline expansion built to increase the amount of Russian natural gas imported from Siberia, more than 3,000 kilometers (1,864 miles) away.

[Sacajaweau]

Merkel has shuffled her deck again. She’s sooooo obvious.

[Sacajaweau]

I think she has stopped all nuke energy AND all fracking in Germany.

[Mouton]

and BP is considering a large LNG facility off Senegal.

[Eric in the Ozarks]

Pity Ms Merkel hasn’t learned the Rooskies play by their own rules.

[taildragger]

"Merkel is so in bed with Putin and this relationship is totally ignored by our main stream media"

I think the bigger question is why is she so in the "Climate Change" column when everyone here on FR see's it is a crock? What underlying assumptions or debt in the German Economy require that they "sell" anti-global warming cars, buses etc, how does she and Germany benefit? Is it ideological or is their more too it?

The only thing I can think of, is Siemens makes a kick-@$$ "Combined Cycle" ( some say "Co-Generation" ) Gas Fired Powerplant with Thermal Efficiencies of 61% which is huge.

That is good, but what good is burning clean and efficient if you have to buy the resource to power said plant from a Former KGB Agent, unless you are hell bent and everyone buying Siemen's powerlants? What other "Value Added" products would Germany sell to a world in need of low carbon using devices?

[bar sin·is·ter]

Good observation, considering Trump’s pullout of the Paris accords, this leaves Germany holding the bag with regards to the carbon “debits”.

[taildragger]

MarMema....

This image was forever etched in my mind after I saw it a new years back right after things went south in Syria. It is clarity.

Isn't it interesting our "Lion" PDJT and this Admin and others are starting to nudge Qatar into the stop enabling despots column? Hmmm, and they were one of the pipeline starting point options...

And.... No one will discuss Israel's Off Shore Natural Gas abundance and their efforts to extract and sell it (after they become self sufficient). IMHO they could be a 3rd Source for Europe and everyone has to compete on price, quality, delivery etc.

http://www.timesofisrael.com/noble-energy-gives-go-ahead-to-develop-leviathan-gas-field/

I have been saying since the whole Syria mess started and seeing the pipeline picture here on FR ( 2 or 3 years ago ) why aren't we supplying Europe and heck why isn't Israel. I hope someone stole my idea!

[DesertRhino]

And this friends, explains why the EU is working as hard as they can, along with our state department, to install an EU friendly government in Moscow.

They keep pushing Russians politically who are eyeballs deep in the EU banking and finance world and will do their bidding.
If only the EU could just be a good customer, pay their bills, and accept they don’t control everything from well to customer, we might actually have a little world peace.

[DesertRhino]

And how do you gain energy independence by buying gas from the Saudis and Qatar instead of a Russian company? I don’t get how that’s an increase in safety, independence, or anything good.

[Polyxene]

Angie and Pootie — Bratwurst and Borsht

[DesertRhino]

The Qatar pipeline could have gone straight through Jordan and Israel and no war would be needed. But of course, that would mean you needed to interact with evil Jews./s

[taildragger]

Sure.... An off shore LNG terminal to load for Europe, would have made your pipeline concept work.

[mewzilla]

Meanwhile....

Iran signs $5B gas deal with France's Total, Chinese firm

With allies like these, who needs enemies.