European gas imports

Let's turn the tables - and open Nord Stream 2

Who is still in favor of opening Nord Stream 2? Gerhard Schröder and Vladimir Putin are there, of course. Of course, the Chrupallas and Wagenknechts at the fool's hem of the republic: They would like to lick Putin's boots right away. It's all fairly transparent and therefore doesn't really matter, but is that the end of the matter? I'm afraid not. Because what happens when the next winter is hard and the gas ends up being scarce, and one morning Vladimir Putin says: »Nord Stream 1 is unfortunately completely broken now, but you can have gas from Nord Stream 2«?

A shameless lie that would be, no question, a nefarious villain. But that alone would not relieve the federal government of the need to react. So will the German government's answer be: We would take the gas from Nord Stream 1, but we won't take it from Nord Stream 2 ? According to a Forsa survey, even now, in midsummer, 66 percent of Germans would have no problems with the gas from Nord Stream 2. And they also know in the Chancellery: to reject Russian gas in the event of an acute bottleneck just because it comes from the “wrong” pipeline come - it will be very difficult. Nevertheless, a government spokesman recently said that Nord Stream 2 will definitely remain closed, and that the Chancellor “rules out” a change of heart. But is that wise?

Contractually agreed is the sanction-free procurement of a much larger amount of gas than is currently flowing (through Nord Stream 1). If more Russian gas came out of Nord Stream 1 than now, we would take it for granted. It is not for nothing that the Federal Chancellor stands in front of a Siemens turbine  and urges its use in order to increase the delivery quantities that Russia is culpably reduced. Should the Chancellor bring more Russian gas into the local storage facilities in this way, he would have prevailed. But if it flowed from Nord Stream 2 into the same storage facilities, should Putin have prevailed instead? Hmmm.

The sanctions against Nord Stream 2 were originally intended to reduce Putin's gas sales, but apparently not to the current, very low level. Because otherwise Germany would not be allowed to ask for more of it and also take it. Furthermore, the long-demanded sanctions should prevent Germany's dependence on Russian gas from growing any further. As much as this point was justified to the disgrace of German politics (and many media), it has since been settled. You can't end a 55 percent dependency on Russian gas imports overnight, but Germany is demonstrably wanting to get away from Russian gas as quickly as possible and has already reduced dependency by around 20 percentage points. So can it still be said that opening Nord Stream 2 if necessary goes against the spirit of the sanctions?

The argument remains that one should not give in to Putin's political blackmail. The West must remain firm, keep the second tube closed, because otherwise you would lose all moral credibility. Nord Stream 2 open, that would be a "triumph" for Putin, they say. Alone: ​​In my opinion, it is not the choice of the tube that is morally reprehensible, but buying Russian gas at all and filling Putin's war chest. The "blackmail" in the choice of tubes is a framing that resulted from a long-discontinued constellation, when the opening of Nord Stream 2 would have meant increasing Russian gas imports even further. There can be no more talk of that. So is it a question of honor or is it more of a complex compensation to stick to the unimportant when you're weak at what's important? The true goal will only be reached when we stop importing any significant amount of Russian gas. The goal will not be achieved if we block one pipeline while begging for more to flow through the other. This is undignified, contradictory and useless.

Once again: If the veto on Nord Stream 2 accelerates the complete ban on imports of Russian gas, I'll be there with no ifs or buts. But that's not the case. Instead, even with a temporary opening, it would be possible to ensure and guarantee all skeptics that the maximum speed in moving away from fossil fuels from Russia would be maintained. Germany would have to continue buying gas internationally at any price and Robert Habeck would have to curtsy in Qatar. The alternative supply system would have to continue to be crammed through like the 26-kilometer pipeline to the liquid gas terminal off Wilhelmshaven - even if the German Environmental Aid were to complain about copulating porpoise pairs.

The question is: What would be lost if the German government turned the tables and relaxed now on Nord Stream 2 - publicly and without waiting for the moment that Putin maliciously chooses for us? Answer: The federal government would succeed in a meaningful straightening of the front in the economic war with Russia. It would potentially bring more gas supplies to 19 million homes and countless businesses that they wanted and agreed upon. Above all, however, Putin would be deprived of a lever with which he hopes to propel us through the winter. And all thanks to one thought: gas is gas.

Venezuela Stops Oil Shipments To Europe As Alternatives To Russian Energy Dry Up

owais.usmani wrote:https://www.zerohedge.com/geopolitical/venezuela-stops-oil-shipments-europe-alternatives-russian-energy-dry

Venezuela Stops Oil Shipments To Europe As Alternatives To Russian Energy Dry Up

Hole wrote:What is the stance of the EU approved President Guido of Venezuela on this matter? 

owais.usmani wrote:

ALAMO wrote:

JohninMK wrote:As an energy buyer, I still think that they should abandon energy sanctions, open NS2 etc, in an attempt to dramatically increase supply to reduce gas/oil prices ahead of the winter.
Won't happen of course as to many influential snouts are in that trough. Just look at oil company profits through the roof.

I am seriously afraid that the thing is much more trivial John.
We talk about hurting the ego of the European ruling class, which Russians touched painfully.
It turned out with all strength that Europe is not as great as they thought.
Not as powerful, not as respected, not as stable and monoblock.
The things are being played with emotions now. This is why Europe will lose.

owais.usmani wrote:

ALAMO wrote:One interesting observation, while watching the Mariopol reconstruction.
The building machines that are used there.
More and more are of Chinese and Russian origin.
The same applies to trucks - seeing a Kamaz is obvious, but FAW can be spotted easily driving along.
That sole picture my friends is a sign of how things are changing. How far and fast.