[americandream]

$this->bbcode_second_pass_quote('radon1', '')$this->bbcode_second_pass_quote('americandream', '
') So when they ran a collectivised society, that was not good enough. Now they are free to earn what they will as is the case in the West, that is still not good enough.

[ROCKMAN]

Couldn't find an appreciate thread...hope this isn't redundant. But winter is finally approaching so NG supplies to the EU could become a hot topic again. Especially if the leverage over transshipments again becomes another reason for hostilities between Moscow and the Ukraine:

"Malaysia's Wah Seong Corp has signed a $674 million contract with Nord Stream 2. The company will provide concrete weight coating and store more than 20,000 pipes measuring a total of 1,500 miles for the project, which is scheduled to be completed in the third quarter of 2019. The Nord Stream 2 pipeline, consists of 2 parallel 48 inch lines, each roughly 745 miles long, will deliver gas from south west of St Petersburg in Russia to the German coast near Greifswald."

The total capacity of two strings of Nord Stream 2 is 1.9 TRILLION cubic feet of gas per year. Total cost: $11 BILLION. The aggregated capacity of Nord Stream and Nord Stream 2 is therefore 3.9 TRILLION cubic feet of gas per year. A somewhat controversial issue since its primary purpose is to avoid hauling NG through the Ukraine. The concern for the Ukraine is that should much less NG being shipped thru the country Russia could exert significant enfluence over them without severely hurting sales to the EU. How:

EIA estimates that 16% (3.0 Tcf) of the total natural gas consumed in Europe passed through Ukraine's pipeline network, based on data reported by Gazprom and Eastern Bloc Energy. IOW the Nord Sream 2 capacity will be able to supply 2/3 of the current NG transit thru the Ukraine. And let's not forget the Russian aspirations to ship NG southwards around the Ukraine to Turkey.

[dissident]

And Banderastan has no special rights to blackmail Russian over gas transit. If the EU is so worried about the neonazi regime in Kiev then it really should just shut the f*ck up and shop elsewhere. What a collection of retarded drama queens.

[ROCKMAN]

Mucho thanks for redirecting my post.

[ROCKMAN]

More potential for the Ukraine to be cut out of the process. It might not happen by 2019 but Russia will continue efforts to avoid the Ukraine when it comes to selling NG. Just hit the wires:

Russian energy giant Gazprom has tabled a new option to revive the South Stream pipeline, local media report. Alternative routes are being studied for South Stream and Nord Stream II which would possibly use private funding, instead of counting on EU support.

The new pipeline could possibly start from the Crimean peninsula, which Russia incorporated in March 2014. The previous version was to begin from Anapa, with an estimated length of the underwater section measuring 781. Crimea is closer to the Bulgarian Black Sea, and the project would be cheaper. Additionally, a revived South Stream would not use the route to Central Europe through Serbia and Hungary as initially planned, but go through Greece and then offshore to Italy.

South Stream, a gas pipeline project that was to bring 2.2 TRILLION cubic feet of gas annually into Europe via Bulgaria and Serbia, was abandoned in December 2014, with Russian President Vladimir Putin blaming the European Commission for pressuring Bulgaria. The latter had refused to issue building permits for the pipe's offshore action, days before construction was to begin, as the EU Commission and Russia were at odds over the non-compliance of South Stream with liberalization rules. The announcement comes after Gazprom signed in March a memorandum of Understanding with Greek DEPA and Italian Edison SpA, which allowed for gas deliveries to Italy via Greece and "third countries". The latter expression could practically mean only Bulgaria (one of Greece's two neighbors to the east) in the context of Russian-Turkish tensions over a downed fighter-bomber.

Separately, several weeks ago it was revealed Austrian company Strabag was working on a tunnel beneath the port of Anapa where pipes would be laid. Speculation grew that Russia might be seeking to both provide Crimea with gas and make South Stream shorter and, as a consequence, cheaper as the economy is going through hard time .

[Synapsid]

ROCKMAN,

What's the date on Gazprom's saying South Stream could be revived, and pass through Greece to Italy?

[Subjectivist]

What happened to that proposal for Gazprom to act as a marketing network for Iranian natural gas that has to be turned into LNG to reach Europe currently?

[ROCKMAN]

Syn - The South Stream chatter is recent but I wouldn't take it very serious yet. Too many "what its" about deal specifics, routes, costs and especially political maneuvering by a number of actors.

Here's a story from last May:

http://oilprice.com/Latest-Energy-News/ ... oject.html

[AgentR11]

$this->bbcode_second_pass_quote('Subjectivist', 'W')hat happened to that proposal for Gazprom to act as a marketing network for Iranian natural gas that has to be turned into LNG to reach Europe currently?

[ROCKMAN]

An interesting aspect to any potential Russian/Iranian relationship with regards to NG:

Israel and its neighbouring potential partner, Cyprus, of course must be quite aware that Gazprom, Russia’s battering ram, can easily prove to be a Trojan Horse in any major future natural gas development. Certainly, they will try to affect a project that could lessen their energy stranglehold over Europe. 20 million metric tons of liquid natural gas (LNG) exported each year from the eastern Mediterranean into Europe would amount to about one third of current Russian exports.

Whatever we may think of Vladimir Putin’s politics, one thing is clear, he is a shrewd, often ruthless, operator on the global stage. But Putin’s Kremlin is clearly rattled by the threat of decline for that which underpins Russia’s entire economy: its energy hegemony.

Putin is only too aware of the triple whammy of falling domestic energy productivity, surging global shale development in the wake of the transforming US shale revolution, and a new threat posed to a European market still dependent on Russian gas imports – the significant potential of Israeli and Cypriot gas exports.

[dissident]

$this->bbcode_second_pass_quote('ROCKMAN', '
')
South Stream, a gas pipeline project that was to bring 2.2 TRILLION cubic feet of gas annually into Europe via Bulgaria and Serbia, was abandoned in December 2014, with Russian President Vladimir Putin blaming the European Commission for pressuring Bulgaria. The latter had refused to issue building permits for the pipe's offshore action, days before construction was to begin, as the EU Commission and Russia were at odds over the non-compliance of South Stream with liberalization rules. The announcement comes after Gazprom signed in March a memorandum of Understanding with Greek DEPA and Italian Edison SpA, which allowed for gas deliveries to Italy via Greece and "third countries". The latter expression could practically mean only Bulgaria (one of Greece's two neighbors to the east) in the context of Russian-Turkish tensions over a downed fighter-bomber.

[dissident]

$this->bbcode_second_pass_quote('ROCKMAN', 'A')n interesting aspect to any potential Russian/Iranian relationship with regards to NG:

Israel and its neighbouring potential partner, Cyprus, of course must be quite aware that Gazprom, Russia’s battering ram, can easily prove to be a Trojan Horse in any major future natural gas development. Certainly, they will try to affect a project that could lessen their energy stranglehold over Europe. 20 million metric tons of liquid natural gas (LNG) exported each year from the eastern Mediterranean into Europe would amount to about one third of current Russian exports.

Whatever we may think of Vladimir Putin’s politics, one thing is clear, he is a shrewd, often ruthless, operator on the global stage. But Putin’s Kremlin is clearly rattled by the threat of decline for that which underpins Russia’s entire economy: its energy hegemony.

Putin is only too aware of the triple whammy of falling domestic energy productivity, surging global shale development in the wake of the transforming US shale revolution, and a new threat posed to a European market still dependent on Russian gas imports – the significant potential of Israeli and Cypriot gas exports.

[radon1]

$this->bbcode_second_pass_quote('dissident', '
')I can't wait for Russia to dump you turds for gas exports.

[dissident]

$this->bbcode_second_pass_quote('radon1', '')$this->bbcode_second_pass_quote('dissident', '
')I can't wait for Russia to dump you turds for gas exports.

[AgentR11]

$this->bbcode_second_pass_quote('radon1', '')$this->bbcode_second_pass_quote('dissident', 'I') can't wait for Russia to dump you turds for gas exports.

[AgentR11]

$this->bbcode_second_pass_quote('dissident', 'I') can't wait for Russia to dump you turds for gas exports.

[dissident]

$this->bbcode_second_pass_quote('AgentR11', '')$this->bbcode_second_pass_quote('dissident', 'I') can't wait for Russia to dump you turds for gas exports.

[AgentR11]

$this->bbcode_second_pass_quote('dissident', 'A')lso, the US is in no position to replace EU's imports of Russian gas with its LNG exports. That you supposedly can is a fiction peddled by your liar politicians.

The EU should go and it eat cake since it obviously doesn't want the bread.