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To: SmokingJoe

From your link:

“A month ago, the results of the feasibility study were approved, and today a design contract has been signed”

Let me translate that for you. - not one inch of that pipeline has been built, nothing is currently under construction, and construction won’t even begin for years, if ever.

The planned operational date of 2030 will likely slip later, because the partners and funding were withdrawn, because of Russia’s invasion of the Ukraine.


60 posted on 09/26/2022 8:38:14 PM PDT by BeauBo
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To: BeauBo
not one inch of that pipeline has been built, nothing is currently under construction, and construction won't even begin for years, if ever.

Dream on.
With the mighty Chinese industry behind them, and both countries eager for it to be built, they can build the pipeline in record time.
The Chinese have built some of the greatest engineering constructions projects known to man in recent decades.
This is merely a gas pipeline. You forget the Chinese landed a rover on Mars.

he planned operational date of 2030 will likely slip later, because the partners and funding were withdrawn, because of Russia's invasion of the Ukraine.

With the Chinese strongly backing them, who needs “partners” from the west? The Russian invasion of Ukraine has worked out great for the Chinese economy. They are getting cheaper oil and gas (from Russia) than the countries of Western Europe or America are.

61 posted on 09/26/2022 8:51:33 PM PDT by SmokingJoe ( )
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To: All

Guys, y’all do not have the numbers you need to have.

BP.com each year in June publishes enormous spreadsheets of oil and gas and coal production AND consumption. That is your starting point. Download the spreadsheet and start studying.

The key item you will learn is that oil and gas are not infinite. Population growth seems to be. Russia’s surface area ensures they will run out of finite oil and gas LAST. Everyone else will run out, or run low, before them — and there is nothing anyone can do about that.

China and India’s appetite for oil and gas is voracious and much more important, their growth is explosive. They are buying increasing amounts from Russia.

And one last thing. Don’t worship at the altar of money. Money is something created from nothing by the Federal Reserve and other Central Banks. Russia has its own CB, which it did not have in the 1990s empowered to create money outside a 5 year Economics Ministry plan. That all is different now.

Can the US run out of money? No. We created 30 Trillion from nothingness and nobody is starving. Starvation is the only real measure of failure. Not reduced numbers on a screen representing this substance called money.

Russia has joules. In enormous quantities. Far, far more important than dollars or rubles or Euros.


62 posted on 09/26/2022 8:53:30 PM PDT by Owen
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