Posted on 10/15/2022 1:02:31 AM PDT by canuck_conservative
Russia has lost 60% of its raw oil shipping market in Europe after launching a full-scale invasion of Ukraine.
In the next two months, the market for Russia will almost completely disappear, and new sanctions will make it difficult to redirect flows to other directions, Bloomberg reports.
Russian oil supplies to Europe averaged 630,000 barrels a day a month ago, down from 1.62 million before the full-scale war began....
The rate of sea exports of Russian oil at 604,000 barrels per day is the lowest rate for the year. Flows fell by 56,000 barrels per day, or 8%, compared to the period through September 30. These figures do not include deliveries to Turkey.
The eighth package of sanctions adopted by the EU in response to Russia’s annexation of part of Ukraine includes a ban on the transportation of Russian raw oil anywhere in the world by EU tankers. Also, from December 5, the decision to limit the price of oil from Russian Federation comes into force. Buyers of Russian oil will be able to use European ships, insurance and other services if the price they pay is below a certain “threshold”....
(Excerpt) Read more at en.usm.media ...
Link to fired human rights commissioner admitting she made up Russian rape stories.
https://twitter.com/VeraVanHorne/status/1581006092037128193
Have you been around the oil patch?
I have.
I was confusing gas with NG. Thanks for the info. I guess the stories ive heard don’t mention the storage of NG
So why don’t the Rus leave their natural gas in the ground? Why are they sending it to the Nord Stream pipeline to be flared off. It looks to me like it is gas business as usual. Except that instead of sending their gaz through the pipeline to Germany, they flare it off.
Rus were doing this before the Nord Stream explosions disabled it/them
I stated 2 reasons why gas is still flared at the well site.
There are more reasons, most of them are about cost of delivering it. (pipeline cost and amount of natural pressure)
“I stated 2 reasons why gas is still flared at the well site.”
All well and good. But Russians are flaring off 8 million dollars daily in natural gas far, far away from any gas well site. Flaring it off by the beginning of the Nord Stream 2 pipeline
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https://www.bbc.com/news/science-environment-62652133
They say the plant, near the border with Finland, is burning an estimated $10m (£8.4m) worth of gas every day.
The analysis by Rystad Energy indicates that around 4.34 million cubic metres of gas are being burned by the flare every day.
It is coming from a new liquefied natural gas (LNG) plant at Portovaya, north-west of St Petersburg.
The first signs that something was awry came from Finnish citizens over the nearby border who spotted a large flame on the horizon earlier this summer.
Portovaya is located close to a compressor station at the start of the Nord Stream 1 pipeline which carries gas under the sea to Germany.
Supplies through the pipeline have been curtailed since mid-July, with the Russians blaming technical issues for the restriction. Germany says it was purely a political move following Russia’s invasion of Ukraine.
“I heard the Russian still burning off gas within eyesight of the border with Germany......”
In Finland they can see the Rus gaz being flared off. Right by the Russian end of the Nord Stream pipeline. See my post #47 for more details.
It won’t change if Russia leaves Ukraine. Look at the recent Asian forum. Russian energy is going to find buyers and fuel the Asian growth. Europe is not very successful in finding alternative supply.
Col. Douglas Macgregor: "Keep in mind, these reservists are going into groups of Russian forces that are collecting in the south and on the borders in western part of Russia and Belorussia. These forces are going to be quite large by the time they amass. They won't be used in mass in a concentrated fashion until November. What you're seeing happen right now after all of these massive counterattacks launched by the Ukrainians that achieved, frankly, nothing from a strategic standpoint at all. They have taker such horrendous losses that now local Russian forces are taking back the terrain that was lost. This happening down in Lyman. It's happening in the direction of Bakhmat. It's happening in Kherson. The very few kilometers they managed to scrape out are being lost. I think what we're watching are modest attacks by the Russians to straighten lines and set the conditions for the really large offensive that will break in November."
Video at:
https://www.youtube.com/watch?v=rG-DVoj09js&list=LL&index=2
The first world is being “Great reseted”. All Putin has to do is survive a little longer and he can watch Europe and America melt down economically and socially.
Both of you KNOCK IT OFF!
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