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Germany: G7 rejects Russia’s demand to pay for gas in rubles
AP ^ | 3/28/2022 | FRANK JORDANS

Posted on 03/28/2022 7:08:14 AM PDT by marcusmaximus

The Group of Seven major economies have agreed to reject Moscow’s demand to pay for Russian natural gas exports in rubles, the German energy minister said Monday.

Robert Habeck told reporters that “all G-7 ministers agreed completely that this (would be) a one-sided and clear breach of the existing contracts.”

(Excerpt) Read more at apnews.com ...


TOPICS: Germany; News/Current Events; Russia
KEYWORDS: agitprop; andmorebidenbots; anwr; biden; biden4soros; biden4wef; biden4zelensky; bidenbots; bidenflation; bidensbuttboys; bidenworshippers; chechens; chechnya; europeanunion; frankjordans; g7; germany; haha; hahanelson; keystonexl; natgas; nato; natoaggression; norway; opec; paidbidentrolls; paidrussiantrolls; petrodollar; putin; putinsbuttboys; putinworshippers; roberthabeck; ruble; rupee; russia; russianaggression; starryeyeddreamers; theusualsuspects; ukraine; ukrainewar; ukrainicorns; unicornfarts; war; worthlessrubles; yuan; zottherussiantrolls
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To: kiryandil

Lol!! This a great thread. I have been laughing all morning.


61 posted on 03/28/2022 8:55:33 AM PDT by MarMema
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To: BobL

I read they will be seriously hurting for electricity. Hopefully they can do some victory farming of their own.

Some are predicting riots this summer.


62 posted on 03/28/2022 8:57:34 AM PDT by MarMema
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To: Rusty0604

Even if there were an infinite supply of gas ready to go in this country, how ya gonna get it there?

Read this:
https://market-ticker.org/akcs-www?post=245518


63 posted on 03/28/2022 8:59:17 AM PDT by DuncanWaring (The Lord uses the good ones; the bad ones use the Lord.)
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To: MarMema

I already invested heavily into energy, anticipating all of this.

Russia has lot credibility as a military power, economic power (GDP size of Spain, per capita only half of Spain) political and diplomatic power and moral power.


64 posted on 03/28/2022 8:59:22 AM PDT by rbmillerjr (Defeating China is impossible without understanding that Russia is our enemy)
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To: Rusty0604

“While the US establishment wants Russia to collapse, Russia wants to see the United States a strong and smart country rather than a final refuge for those who are gradually slipping into senility,” Medvedev said...


65 posted on 03/28/2022 8:59:28 AM PDT by MarMema
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To: rbmillerjr

Good for you!


66 posted on 03/28/2022 9:00:06 AM PDT by MarMema
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To: MarMema

Link...https://tass.com/politics/1426105?utm_source=uniteamericafirst.com&utm_medium=referral&utm_campaign=uniteamericafirst.com&utm_referrer=uniteamericafirst.com


67 posted on 03/28/2022 9:02:04 AM PDT by MarMema
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To: pingman

It has gotten very expensive for us. And we rely on propane.


68 posted on 03/28/2022 9:02:52 AM PDT by MarMema
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To: logi_cal869

The existing contracts are super-lucrative. I guess Putin is open for new contracts if the initial conditions are rejected, but they are going to pay actual market price.


69 posted on 03/28/2022 9:03:45 AM PDT by NorseViking
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To: MarMema
Are you sure it is functional between those 2 countries?

No...the Qataris are playing their cards close to the vest rn, but its fairly easy to see how the Europeans will end up circumventing Biden's sanctions while maintaining the fiction they're complying.

70 posted on 03/28/2022 9:11:05 AM PDT by mac_truck (aide toi et dieu t'aidera )
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To: marcusmaximus

Maybe they’re counting on Global Warming to heat things up so they won’t need Russia’s gas?

The German government just told the people to wear more sweaters if they’re cold.


71 posted on 03/28/2022 9:14:03 AM PDT by Bon of Babble (Rigged Elections have Consequences)
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To: mac_truck

I agree that EU will most likely buy gas from a middleman and pay more.

The press will conveniently leave out that it is Russian gas.


72 posted on 03/28/2022 9:17:13 AM PDT by MarMema
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To: MarMema
--- "I’m pretty sure Russia will accept gold. Maybe even yuan."

An excellent point. What is certain is that the universal law of value for value cannot be overturned by unicorns and bluster.

73 posted on 03/28/2022 9:52:04 AM PDT by Worldtraveler once upon a time
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To: MarMema

“To eventually replace 30% of what they get from Russia.”

It’s only 10% (15bcm of 155bcm) and that will be stocks redirected from Asian customers.

Sending the price of gas soaring.


74 posted on 03/28/2022 10:32:20 AM PDT by Mariner (War criminal #18)
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To: MarMema

I wonder how quickly the EU can build storage tanks.


75 posted on 03/28/2022 10:41:39 AM PDT by Rusty0604 (" When you can't make them see the light, make them feel the heat." -Ronald Reagan)
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To: DuncanWaring

Thanks, lots of details at article. I guess no one told Biden before he made grand promises. He was all show anyway.


76 posted on 03/28/2022 10:47:36 AM PDT by Rusty0604 (" When you can't make them see the light, make them feel the heat." -Ronald Reagan)
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To: MarMema

lol


77 posted on 03/28/2022 10:48:45 AM PDT by Rusty0604 (" When you can't make them see the light, make them feel the heat." -Ronald Reagan)
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To: Mariner

Incredibly stupid. Biden admin need to punish Putin is causing s lot of suffering in the west.
Biden is no longer caring about America. Instead he is caught up in his hatred of Putin. Perhaps his son?

We don’t even have a bad leader. We have no leader.
Russia has a leader. I envy them.

I am concerned that we will ever be offered anything other than a RINO. It looks gloomy ahead.


78 posted on 03/28/2022 11:54:31 AM PDT by MarMema
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To: kabar; All

“The G-7 declared economic war on Russia freezing their assets, destroying their economy, and crushing their currency. So now contracts mean something? You don’t cancel major countries like you do individuals in the West or small powerless countries. Biden is using Tik Tok against Putin. The Biden Administration is living in a fantasy world.

We have stumbled into a new Cold War. No one seems to care or notice. It is a profound development that will alter the geopolitical landscape for decades to come. The Law of Unintended Consequences portends bad news for all of us.”
~~~~~~~~~~~

FREEPERS: Bookmark Kabar. He knows of which he speaks.

Kabar: “Failed diplomacy impacts events for generations.”

https://freerepublic.com/focus/news/4050067/posts?page=60#60


79 posted on 03/28/2022 1:55:14 PM PDT by thouworm ("To anger a conservative, lie to him. To anger a liberal, tell him the truth"---Theodore Roosevelt)
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To: Spktyr
That only applies to Southern states. A lot of Northern states have greater power demand in the winter and it doesn’t actually fall off much in the summer.

I recall that heat energy in northern states is mostly from oil, natural gas, and propane. Electric heat is less common and an as such requires much less electricity generated compared to air conditioning, so power companies take the generating stations off-line during the winter for maintenance to prepare for summer demand.

80 posted on 03/28/2022 8:55:26 PM PDT by T.B. Yoits
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