Posted on 09/03/2022 10:12:26 PM PDT by SeekAndFind
“So Europe is back to buying Russian gas, only it is now using China as an expensive middleman”
That is a tiny fraction of the volume.
The big winners of Russia’s former market share are the USA (American LNG volume has surpassed Russian pipeline volume into Europe, for the first time ever), Norway, Qatar, the Netherlands, Algeria and Azerbaijan. Egypt/Israel looks like they will get as much as they are able to ramp as well (a few percent of the EU market.
The biggest volume beneficiary is American exports.
Liberating?
Norway has stepped in to become Germany’s biggest supplier of gas, BDEW data shows, providing almost 38% of German consumption last month. The Netherlands, the second-biggest supplier of Germany, was estimated to have delivered roughly 24% of German gas in August.
Ian Bremmer, president of the political risk consultancy Eurasia Group, said via Twitter last week that it “increasingly looks like Germany can get through the winter without severe rationing” even in the worst-case scenario that Russia turns off the taps completely.
That’s “very good news,” Bremmer said. “Russia’s energy influence over Europe is nearly over.”
Russia’s energy influence over Europe ‘is nearly over’ as bloc races to shore up winter gas supplies
https://www.cnbc.com/2022/09/02/winter-gas-russias-energy-influence-over-europe-is-nearly-over.html
Trump offered Germans our gas. They laughed at him. Now many Germans will freeze to death this winter.
F em.
1000% agree . UK , etc, too .
Check this out . Trump was right and the Germys laughed at him ! https://www.youtube.com/watch?v=-pMcnF3OAJ8
Well, Putin is NOT giving televised speeches defaming half of Russia’s people as “dangerous” as Biden just did to half of the American people.
It is a sad day when a horrible bunch of America-haters have installed a demented, mean and nasty old criminal as U.S. president and are using him as their sock puppet for a communist takeover.
The above is from this past spring.
The parent company is, in essence, owned by the government of Finland.
So where does Finland get its LNG...?
That’s a very good question.
So does the Border Control need to hire German speaking translators?
Merkel should swing for forcing Germany off nukes. That barren ?itch deserves the lowest circle of Hell that there is.
Finland will open its first LNG terminal this year and has granted permission for three LNG terminals to be built.
The LNG terminal, in close proximity to the Balticconnector pipeline between Finland and Estonia, should be available next winter and its capacity is meant to cover the gas needs of both Finland and Estonia
https://www.euractiv.com/section/energy-environment/news/finland-to-open-first-lng-terminal/
Shame no one warned them this might happen. Oh well. Live and learn I guess.
https://www.dw.com/en/germany-stockpiling-wood-in-fear-of-gas-shortage/a-62601419
https://www.theamericanconservative.com/german-foreign-minister-let-my-people-freeze/
https://www.younggloballeaders.org/community?utf8=%E2%9C%93&q=baerbock
That pipeline will never be turned on again. Short term bad news for Germany. Existentially bad for Russia.
I thought Europe put sanctions on Russia...so they should welcome this move.
Time for them to cash in on the green energy...wind mills etc./s
Why not?
Right now they are buying up all the excess gas from China that they aren't using since the Covid lock downs put the Chinese economy in the shitter.
Trump hates to say I told you so....but, he told you so. Enjoy The Big Freeze.
Their financial and operations partners in the pipeline like Engie and Wintershall wrote off their investment and left. They took all of their operations and maintenance knowledge and manpower with them. They won't ever come back. And the Russians will never build Nordstream 2.
BS. Countries join NATO through economic pressure: Do it or suffer.
We took Hawaii at the point of a gun but I don’t hear you wanting to give Hawaii back.
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