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Alexei Miller, Putin Loyalist and Gazprom CEO, Fights Energy War With Europe
WSJ ^ | 12-AUG-2022 | Joe Wallace

Posted on 08/13/2022 9:32:52 AM PDT by SpeedyInTexas

Vladimir Putin has waged an energy war on Europe. The general running his campaign is ultra-loyalist and Gazprom PJSC boss Alexei Miller.

...

Handicapping Gazprom is Mr. Miller’s decision over the past decade not to enter the market for liquefied-natural gas—a choice that left Gazprom, unlike Russian rival Novatek JSC, near totally reliant on pipelines to export fuel. Gazprom has limited options in the short term to redirect its gas to China and other buyers given its traditionally westward-facing infrastructure. One pipeline to China opened in 2019, but it can’t handle much gas. A second is under negotiation but won’t be ready for years.

In 2021, Gazprom sent about 160 billion cubic meters of gas to Europe, excluding Turkey, and just 11 billion to China, said Ronald Smith, an analyst at BCS Global Markets.

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


TOPICS: News/Current Events
KEYWORDS: alexeimiller; energy; energyschadenfreude; europe; gazprom; gazprompjsc; haha; itistolaugh; keinerdgasfursie; lngat65buckspermmbtu; lngisat65bucks; russia
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Gazprom's market capitalization has gone from $350 billion to $75 billion since 2008.
1 posted on 08/13/2022 9:32:52 AM PDT by SpeedyInTexas
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To: SpeedyInTexas

Archived version: https://archive.ph/ffqUu


2 posted on 08/13/2022 9:33:08 AM PDT by SpeedyInTexas (The Only Good RuZZian is a Dead RuZZian)
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To: SpeedyInTexas

“Vladimir Putin has waged an energy war on Europe.”

FIRST SENTENCE!!! Didn’t take long to get their first lie in.

I’m sorry, but who is ‘sanctioning’ who?


3 posted on 08/13/2022 9:40:12 AM PDT by BobL (The Globalists/Neocons desperately want Ukraine to win...makes it easy for me to choose a side)
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To: SpeedyInTexas

“Gazprom’s market capitalization has gone from $350 billion to $75 billion since 2008.”

Once Donbass is fully liberated, their cap will skyrocket. Too bad Ukraine listen to the Neocons, rather than settling with Russia.


4 posted on 08/13/2022 9:41:41 AM PDT by BobL (The Globalists/Neocons desperately want Ukraine to win...makes it easy for me to choose a side)
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To: BobL

“Once Donbass is fully liberated, their cap will skyrocket.”

Pretty silly reasoning there.

RuZZia is losing is largest nat gas market. Gazprom will suffer from that.


5 posted on 08/13/2022 9:48:57 AM PDT by SpeedyInTexas (The Only Good RuZZian is a Dead RuZZian)
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To: All

Putin waged an energy war on Europe ?


6 posted on 08/13/2022 9:53:33 AM PDT by escapefromboston (Free Chauvin)
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To: SpeedyInTexas

“RuZZia is losing is largest nat gas market. Gazprom will suffer from that.”

Gazprom was in the process of losing it anyway, given the Green takeover of Europe. The Neocon war just sped it up. But the $12T plus that the Neocon war has transferred to Russia, thanks to giving them Donbass, will help the country for DECADES.


7 posted on 08/13/2022 9:53:56 AM PDT by BobL (The Globalists/Neocons desperately want Ukraine to win...makes it easy for me to choose a side)
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To: escapefromboston

What is now happening to Europe is their own fault. The crazy shift to green energy is why they are in the fix they are in now.


8 posted on 08/13/2022 9:59:30 AM PDT by Destroyer Sailor (Revenge is a dish best served cold.)
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To: BobL
December 2022 TTF LNG is at 65 per mmBtu, licking 66.

Take that, Putin!!

https://www.cmegroup.com/markets/energy/natural-gas/dutch-ttf-natural-gas-usd-mmbtu-icis-heren-front-month.html

9 posted on 08/13/2022 10:00:48 AM PDT by kiryandil (China Joe and Paycheck Hunter - the Chink in America's defenses)
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To: kiryandil

LOL, still $400+ a barrel (equivalent).

By the way, what ever happened to Janet Yellen’s ‘Price Cap’ on Russian crude? Not much talk about the (stupid) idea these days, ehhh?


10 posted on 08/13/2022 10:06:28 AM PDT by BobL (The Globalists/Neocons desperately want Ukraine to win...makes it easy for me to choose a side)
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To: BobL
Gazprom was in the process of losing it anyway, given the Green takeover of Europe.

The EuroGreenies are willing to have dirty RuZZia transferring oil from tankers in the middle of the Atlantic in order to "Punish Putin" and achieve their whackjob goals.

Think about that.

Anonymous Chinese shipowner spends $376m on tankers for Russian STS hub. ( England and .. mentioned )
August 9, 2022 - Lloyd's List
https://freerepublic.com/focus/f-news/4085344/posts

11 posted on 08/13/2022 10:09:02 AM PDT by kiryandil (China Joe and Paycheck Hunter - the Chink in America's defenses)
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To: SpeedyInTexas

ZZpeedy did some Russian gal steal your money. What is your motivation?


12 posted on 08/13/2022 10:11:29 AM PDT by wildcard_redneck (Germans are bat-crap crazy for cold showers, high energy bills, and boiled turnips.)
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To: kiryandil

“Anonymous Chinese shipowner spends $376m on tankers for Russian STS hub.”

LOL, I saw that! Just too much money to be made out there when you have a product people need.

But the West can sell tickets to Drag Queen performances. So TAKE THAT PUTIN!!!


13 posted on 08/13/2022 10:12:26 AM PDT by BobL (The Globalists/Neocons desperately want Ukraine to win...makes it easy for me to choose a side)
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To: SpeedyInTexas

PUTIN EVIL LEGACY

NOW WE KNOW WHY:
SIX Russian businessmen die ‘by suicide’ within three months: Four oligarchs and two directors at oil giant Gazprom ‘have taken their own lives’ in spate of deaths among Russia’s elite since Putin invaded Ukraine

-Six oligarchs with Kremlin ties have died in mysterious circumstances this year

-Four worked for state energy firm Gazprom, which has bankrolled war in Ukraine

-’We are considering several versions of what happened’: Russian investigators

-Billionaire Sergey Protosenya was found hanged in garden of Spanish holiday home with wife and daughter hacked to death by axe in ‘murder-suicide’

-Son Fedor told MailOnline his father ‘could never’ have been behind the crime

https://www.dailymail.co.uk/news/article-10770211/Six-Russi
an-billionaires-executives-oil-giant-Gazprom-died-suicide-three-months.html


14 posted on 08/13/2022 10:29:26 AM PDT by UMCRevMom@aol.com (Pray for God's intervention in Putin's invasion)
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To: SpeedyInTexas
https://www.moonofalabama.org/2022/08/via-daniel-ukraine-battle-expands-as-kyiv-launches-counteroffensive-new-york-times-may-29-2022-ukraine-regains-some.html#more

One small town retaken and a failed river crossing attempt is all the much vaunted Kherson offensive has achieved since May.

That may well be because, despite the noise, there has been and will be no Ukrainian Kherson offensive. For the Ukrainian leaders in Kiev that offensive is only a joke.

On August 9 Zelenski advisor Mikhail Podolyak talked with a Ukrainian language BBC outlet. The Ukrainian Ctrana online news site reported about it (machine translation):

Podolyak called the words about the counterattack on Kherson "part of the information and psychological operation"

Reports of counteroffensives of the Armed Forces of Ukraine in the southern direction are part of the "information-psychological special operation."

This was stated by adviser to the head of the OP Mikhail Podolyak in an interview with the BBC.

"Was it the IPSO? Of course, today all public comments are part of the IPSO. We need to demoralize the Russian army. They must understand that there will always be a territory of fire," he said.

Nevertheless, Podolyak clarified that "the events on the Antonovsky bridge show that it is essential for us to liberate Kherson" (as the only regional center that was under the occupation of the Russian Federation after February 24).

"And therefore, our army is already taking certain actions for this today," he said.

That news did not reach the Washington Post propagandist David Ignatius. On August 11 he still lauded the non-existing 'southern offensive':

A southern offensive opens in the Ukraine war

The grinding war of attrition in Ukraine might be entering a new phase as the Ukrainian military prepares an offensive to recover occupied land in the southern region surrounding Kherson, and Russia escalates its rhetoric by charging that the United States “is directly involved in the conflict.”

Ukraine appears to have begun its new southern campaign with a bold attack Tuesday on a Russian air base in Crimea, along the Black Sea coast.

...

With its long-anticipated southern offensive, Ukraine evidently hopes to regain momentum against Russian forces that have suffered heavy losses of soldiers and equipment since they invaded on Feb. 24. At a time when Russia is strained and vulnerable, Ukrainian leaders want to show that they can reclaim lost ground and ultimately prevail.

On August 12, a day after the Ignatius screed was published, four Washington Post reporters painted a different picture:

On the Kherson front lines, little sign of a Ukrainian offensive

MYKOLAIV REGION, Ukraine — On the front line in southeast Ukraine, there is little sign that a major counteroffensive is brewing.

For weeks, Western intelligence and military analysts have predicted that a Ukrainian campaign to retake the strategic port city of Kherson and surrounding territory is imminent. But in trenches less than a mile from Russia’s positions in the area, Ukrainian soldiers hunker down from an escalating onslaught of artillery, with little ability to advance.

...

The progress Ukrainian forces had made here in recent months — recapturing a string of villages from Russia’s control — has largely stalled, with soldiers exposed in the open terrain.

The roads that soldiers zip along among the scorched wheat fields at the front lines are pockmarked with craters from previous strikes, guided by Russia’s Orlan drones that allow them to pick and choose targets.

“There is nowhere to hide,” said Yuri, who has fought here without a break since the beginning of the war, and like other soldiers did not give his last name, in line with protocol. His unit has a hodgepodge stock: modern antitank weapons and a Soviet machine gun manufactured in 1944, and the focus here is holding the line.

Ukrainian military officials are tight-lipped on any timeline for a wider push, but say they need more supplies of Western weapons before one can happen. Ukraine lacks the capacity to launch a full-scale offensive anywhere along the 1,200-mile front line, one security official conceded.

The area north of Kherson is flat land with open fields. There is no place where one could securely assemble a force big enough to punch through the frontline. Ukrainian units went into hiding in Mykolaiv (Nikolaev in Russian writing) where they have dispersed among the civilian population after several of their concentrations had been attacked by Russian missile forces:

ne woman took me to see her daughter’s school, smashed by Russian missiles. Through the broken concrete you could see a shelf of library books exposed to the sun and rain. Instead of blaming Russia for firing missiles at the school, she blamed Ukraine for quartering soldiers there. (..) When I asked her about Putin’s aims, she said: ‘I don’t know. He must have his reasons for what he’s doing.’ Did she think what he was doing was right? ‘I never get involved in politics.’ She mentioned that salaries in Russian-annexed Crimea were higher than in Ukraine. She’d been angry, earlier on in the fighting, when Russian troops were approaching Mykolaiv, about how close Ukrainian armoured vehicles were to her house. She was Russian-born. She was unhappy that Russian language teaching was disappearing from Ukraine. She said people were punished for using Russian.

...

Another well-informed man told me what most locals would not say, that after a devastating strike on a Mykolaiv barracks in March, which killed scores and perhaps hundreds of marines, the authorities adopted a policy of dispersal, with small groups of Ukrainian personnel spending the night in a wide array of buildings, including schools.

The above quoted LRB piece, which mostly takes the Ukrainian side, details the difficulties the Ukrainians have in launching any offensive. (Sorry for the length of the quote but the details matter as they confirm the take above):

When Sasha’s company got to Posad-Pokrovske, they spent the first night in a school. The next day it was flattened in an air strike. They spent the next three and a half months living in concrete pipes under a bridge. ‘I’m already used to it,’ he said. ‘A typical day is they shell and bomb us from morning to night. Mum says, “Where are you?” and I say: “I’m home.” It’s our home now. People say, “We’re looking forward to you coming home,” and we say: “We are home.”’

Bodies of dead civilians have been lying unburied in Posad-Pokrovske for months. The soldiers aren’t allowed to collect them; since they’re civilians, it has to be done by the police, and the police don’t come.

...

A handful of villages have been liberated in the north of the Russian bridgehead, and Ukraine has won a toehold on the hostile side of a smaller river, the Ingulets. But mainly the two sides remain a few miles apart, with more lines of artillery further back. In the flat, open landscape, with little cover except the trees along the roads, any attempt by one side to breach the other’s lines is subject to withering fire from anti-tank missiles and guns, or shelling. Both sides launch drones to spy out artillery targets; when the artillery fires, it becomes the target for the other side’s artillery.

Russia​ has an overwhelming advantage in all these areas. It has more artillery guns and rockets than Ukraine, by a large margin. It has more attack planes and helicopters. It has more anti-aircraft missiles to shoot down Ukrainian drones, and a crushing advantage in electronic warfare systems to jam them. ‘It’s easier for them,’ Sasha said. ‘They haul in shells by rail, by the wagonload. They unload them with cranes. They dig shelters with bulldozers. They shoot rockets from morning till night as if they came out of a machine. It’s shameful to admit – they have drones flying over us 24/7 and we have one. Sometimes we can see what they’re up to ... but it’s embarrassing. We don’t have the capability.’

Ukraine has been good at hiding its military, but even so, the absence in Mykolaiv and the surrounding countryside of the signs of a build-up of equipment, troops and supplies that you might expect for a counter-offensive is striking. There’s only so much you can move by night. If Ukraine is using its much vaunted mobilisation to expand its army with new units to retake Kherson, it’s being done with extraordinary stealth – or it’s simply taking a long time to integrate a chaotic array of foreign weapons and untrained recruits. Sasha was coy about his unit’s losses, but he did say they hadn’t been replaced.

No new weapons are coming into the Mykolaiv area. Front line units are depleted and have not been rotated out since March. Russian forces have overwhelming material superiority in the area.

There is no Ukrainian Kherson offensive. There will be no Ukrainian Kherson offensive.

If there will be an offensive in the general area it will be launched by the Russian side which will overrun the few exhausted Ukrainian forces which hold that frontline.

The few Ukrainian operations, missile strikes on bridges that are easily replaced by ferries, sabotage acts on a Crimean air base, are minor pin pricks to the Russian side. They will not change the imbalance of forces or the outcome of the war.

15 posted on 08/13/2022 11:56:42 AM PDT by Kazan
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To: SpeedyInTexas
https://www.yahoo.com/entertainment/russian-oil-gas-revenues-help-162158411.html

August 9, 2022

Russia's current-account surplus hit $167 billion from January to July, helped by strong energy revenues.

That's up from just over $50 billion for the same time a year earlier, according to central bank data.

##

Russia's current-account surplus so far in 2022 is more than triple what it was a year ago as energy revenues have skyrocketed, according to the country's central bank.

From January to July, the surplus ballooned to $167 billion, compared to $50 billion for the same period last year and $138.5 billion for the first six months of this year.

16 posted on 08/13/2022 12:00:01 PM PDT by Kazan
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To: Kazan

Kazan is the name of a city in RuZZia.

Is that where you live?

Dirty RuZZian.


17 posted on 08/13/2022 12:08:06 PM PDT by SpeedyInTexas (The Only Good RuZZian is a Dead RuZZian)
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To: SpeedyInTexas

>>Vladimir Putin has waged an energy war on Europe.<<

The war waged by Biden is so much more severe. If the US could produce fossil fuels, Putin could be defeated permanently.


18 posted on 08/13/2022 12:15:02 PM PDT by 353FMG
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To: Destroyer Sailor

THe US is not far behind Europe in their suicidal energy policies by killing its energy sector. The world shall ALWAYS need fossil fuels if it wants to grow in efficiency


19 posted on 08/13/2022 12:22:01 PM PDT by 353FMG
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To: SpeedyInTexas

Why not consult Hunter Biden? Is he not an energy guru?


20 posted on 08/13/2022 12:25:56 PM PDT by 353FMG
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