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    Russian Oil and Gas Industry: News #3

    kvs
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    Post  kvs Tue Sep 21, 2021 3:34 pm

    What cheesy propaganda language.  "Kremlin controlled".   The government in the Kremlin is duly elected and
    popular as confirmed by all the opinion polls.  Russia has the right to have state owned corporations.   No council
    of the gods has decreed that only private corporations are legitimate.   Gazprom's first priority should be to serve
    Russia's interests, not some mythical market steered by Washington.  

    Rosneft should not be doing EU-tards any favours.   If they want to impose a 50% capacity restriction on NS2,
    then they should live with the consequences.   By conforming to these EU-tard regulations, Russia is submitting
    itself to extra-territorial projection of foreign laws.   EU-tards need to learn, the hard way, that there are no
    other suppliers to NS2 than Russia.   Thus, there is no obligation by Russia to share the pipeline that Gazprom
    built with any non-existent other supplier.

    Also, the whole "competition" regulation behind the capacity restriction is total BS because the pipeline has just
    been built and Gazprom needs to recoup the costs.   This is nothing like the deregulation of the AT&T and Bell Canada
    wired telephone network that was paid off decades before.   Also, in the case of the phone companies, competitors
    could form easily to use the network.   You cannot form competitors to Gazprom to supply natural gas over NS2.

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    Post  Hole Tue Sep 21, 2021 9:02 pm

    Maybe this mythical european competitors to Gazprom should build their own pipeline to Russia. No one of us would be around to see the completion. angel
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    Post  kvs Wed Sep 22, 2021 4:16 am



    Oh my, it keeps getting more pathetic.   So EU kommissars now want to nitpick their "laws" to deliberately
    sabotage the completed NS2.   Here are their clever schemes:

    1) They will look for faults in the German certification of the project and pull a veto.

    2) They will try to fully apply the "logic" of the EU 3rd Energy Package that companies which extract the gas
    cannot own the pipelines which ship it.  

    The second point is hilarious.  The pipeline is in international waters.   The EU has zero jurisdiction and that
    applies to EEZ waters as well.  The only zone where the EU can apply this joke policy is in German territorial
    waters.   I believe that Gazprom does not own the section of pipe running from Germany into the the Baltic
    Sea and there is a contact point where the ownership changes.   Basically, Germany anticipated this ploy.

    If these clowns really intend to stop Russian gas imports, then they will see prices heading well above $5,000
    per thousand cubic meters.   They cannot divert all of the world's LNG to the EU.  It will start a bidding war so
    prices for LNG will explode everywhere.   There is no way for them to crash the prices to $40 by attracting
    LNG as there is no excess supply.   The result of these freaking retards will be a 1930s style global economic
    collapse.

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    Post  ALAMO Wed Sep 22, 2021 7:08 am

    Hole wrote:Maybe this mythical european competitors to Gazprom should build their own pipeline to Russia. No one of us would be around to see the completion. angel

    Why building pipelines? They can din in Europe, looking for gas&oil, right? Laughing
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    Post  Big_Gazza Wed Sep 22, 2021 1:58 pm

    I'm looking forward to watching these slimy Eurotrash bastards freeze in the dark. Twisted Evil
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    Post  owais.usmani Wed Sep 22, 2021 2:01 pm

    https://www.iea.org/news/statement-on-recent-developments-in-natural-gas-and-electricity-markets

    Based on the available information, Russia is fulfilling its long-term contracts with European counterparts – but its exports to Europe are down from their 2019 level. The IEA believes that Russia could do more to increase gas availability to Europe and ensure storage is filled to adequate levels in preparation for the coming winter heating season. This is also an opportunity for Russia to underscore its credentials as a reliable supplier to the European market.

    Seriously, this is an opportunity for Russia to commit itself to NOT sign any more long term gas contracts with any European country in future. Let the current contracts expire, then all the pipelines going west towards Europe are shut off. Meanwhile, Power of Siberia flows to full capacity, Power of Siberia 2 (formally Altai Pipeline) construction starts at full pace. Also actively work on signing more pipeline contracts with China (call it Power of China this time Very Happy )

    Russia surviving without European money, Europe surviving without that evil Russian gas, lets see who fares better in this ! cheers


    Last edited by owais.usmani on Thu Sep 23, 2021 3:41 pm; edited 1 time in total

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    Post  flamming_python Wed Sep 22, 2021 6:00 pm

    Big_Gazza wrote:I'm looking forward to watching these slimy Eurotrash bastards freeze in the dark. Twisted Evil

    It's in Russia's interests to agree a deal, including long-term contracts

    What will happen if this episode goes on, is that Europe may well cave on Nord Stream 2 (but it will anyway sooner or later), however a lot of funding will be put in to develop the US's and Canada's shale deposits and LNG export contracts will be secured later on in massive volumes. Europe will redouble efforts to shift away from Russian gas, only not any more with flimsy renewable energy plans, but LNG from North America. Washington will have a powerful argument to push its interests through.

    So hopefully this matter will be resolved soon, Nord Stream 2 will be brought into operation, and in full-capacity, and the Ukrainian pipelines will be forgotten about.

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    Post  miketheterrible Wed Sep 22, 2021 6:05 pm

    flamming_python wrote:
    Big_Gazza wrote:I'm looking forward to watching these slimy Eurotrash bastards freeze in the dark. Twisted Evil

    It's in Russia's interests to agree a deal, including long-term contracts

    What will happen if this episode goes on, is that Europe may well cave on Nord Stream 2 (but it will anyway sooner or later), however a lot of funding will be put in to develop the US's and Canada's shale deposits and LNG export contracts will be secured later on in massive volumes. Europe will redouble efforts to shift away from Russian gas, only not any more with flimsy renewable energy plans, but LNG from North America. Washington will have a powerful argument to push its interests through.

    So hopefully this matter will be resolved soon, Nord Stream 2 will be brought into operation, and in full-capacity, and the Ukrainian pipelines will be forgotten about.


    North American LNG is ridiculously expensive. Russian LNG is still cheaper. And no, Europe wont invest in our energy as people here protest daily regarding energy projects cause useful idiots fund it. We lost out heavily on our LNG options and it would have been cheaper only for Asia, not so much Europe.
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    Post  flamming_python Wed Sep 22, 2021 6:32 pm

    miketheterrible wrote:
    North American LNG is ridiculously expensive.  Russian LNG is still cheaper.  And no, Europe wont invest in our energy as people here protest daily regarding energy projects cause useful idiots fund it.  We lost out heavily on our LNG options and it would have been cheaper only for Asia, not so much Europe.

    The prices right now are far more expensive. The longer they go on, the more any alternatives start to look profitable

    What Europe needs are long-term contracts. With those, and with massive demand/supplies, economies of scale can kick in and reduce the higher prices of alternative suppliers.

    Besides, info on American LNG prices varies. Some data suggests that they are not much higher than piped Russian gas. I guess it depends on the time of the year, and again on the contracts and volumes being talked about.
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    Post  PapaDragon Wed Sep 22, 2021 7:38 pm


    If Euros have gas shortage they just need to certify Nord Stream 2 and spice gas will flow

    I am sure that Baron Harkonnen Prime Minister Mishustin will personally give a go ahead

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    Post  Hole Wed Sep 22, 2021 8:10 pm

    There are long-term contracts and Gazprom is fullfiling them. The european customers burned more gas because of a cold winter and no other reliable sources. Why the heck should Gazprom fill the western depots without an order from european companies/regimes?

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    Post  GarryB Thu Sep 23, 2021 7:53 am

    Plus the whole point of filling up the existing storage tanks is against Russian interests... they would buy gas when it is cheaper in summer to fill their storage tanks so they don't have to buy so much gas in the winter when it is more expensive... just because the tanks are low in summer doesn't mean the pipes will suddenly stop delivering gas over the winter.

    What the EU is saying now is that they want Russia to pump more cheaper gas now so that when winter comes they wont have to buy it urgently at a higher winter rate... but gas is already high because there are no long term contracts and they are being assholes about the NSII pipeline which is pushing the price up at a time when it is supposed to be lower so they can fill their storage tanks.

    What Russia needs to do is respect their wishes and not sign any long term contracts because these spot price sales are making them good prices and will likely continue to do so while the EU play stupid market games.

    The EU can hold auctions to get gas at super cheap prices, but Russia does not need to take part in such auctions and sell gas later to fill the gaps created by no purchasing gas when it could.

    Russia makes money selling gas to the EU, and they would be foolish to refuse to sell gas to them, but they also need to respect their rules about 50% use of pipes and no long term contracts.... and they can enjoy times when that puts the EU in a bad situation... Russia can choose to bail them out... with a good profit... or they can remind them of their rules that prevent them from helping them out and suggest perhaps these rules need to be changed to better model your reality.

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    Post  limb Fri Sep 24, 2021 12:18 am

    What is the chance that the west will try to destroy the pipeline with plausible deniability(cyberattack, underwtaer drone) or that some segments are poor quality and are at risk of bursting? Are all the pipe segments made in Russia? Did the rapid pace of building cause corner cutting in terms of QC?

    Im afraid that gazprom, just like roscosmos might have random antirussian traitorous workers who "accidentally" slightly damaged pipe seals or hit something with a hammer here  and there because theres not enough imported mozarella or teslas in russia.
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    Post  kvs Fri Sep 24, 2021 12:52 am

    If NS2 is attacked in such a primitive fashion, Russia will just wash its hands of it. Recall that it was Merkel that lobbied for this
    pipeline. We already see that EU-tards have pushed Russia just a bit too far.

    Now we have a "conviction" of Russia over the Litvinenko tin foil hat conspiracy theory and the UK has declared another name
    who they claim is an FSB agent in the Skripal case. It took them quite some time to list this name which means they had no
    direct evidence of his actions in the UK and are just throwing shit at Russia.

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    Post  GarryB Fri Sep 24, 2021 3:48 pm

    Destroyed pipeline is the EUs problem, but they will be monitoring it I rather suspect.

    Any damage could be repaired and any costs in that repair will be passed on to the gas customers... that is how commerce works.

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    Post  owais.usmani Sun Sep 26, 2021 8:12 am

    https://www.urdupoint.com/en/world/novatek-cfo-gyetvay-released-from-florida-jai-1359267.html

    WASHINGTON (UrduPoint News / Sputnik - 24th September, 2021) US District Court for the middle District of Florida released Novatek Chief Financial Officer (CFO) Mark Gyetvay on bond with conditions, a court filing revealed on Friday.

    "Court released Defendant on bond with conditions.

    Court will reconvene on September 30th at 11:00 AM for a status on further bond conditions," the filing said.

    US prosecutors earlier asked for $80 million bond as a condition for releasing Gyetvay. It is not clear whether that sum was met.
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    Post  par far Tue Sep 28, 2021 5:49 pm

    The Germans are saying that Russia must supply gas through Ukraine, even when Nord Stream 2 is fully functioning.

    I really really really hope Russia tells them to **** off.

    Does the current contract with Ukraine expire in 2024?
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    Post  kvs Tue Sep 28, 2021 6:48 pm

    owais.usmani wrote:https://www.urdupoint.com/en/world/novatek-cfo-gyetvay-released-from-florida-jai-1359267.html

    WASHINGTON (UrduPoint News / Sputnik - 24th September, 2021) US District Court for the middle District of Florida released Novatek Chief Financial Officer (CFO) Mark Gyetvay on bond with conditions, a court filing revealed on Friday.

    "Court released Defendant on bond with conditions.

    Court will reconvene on September 30th at 11:00 AM for a status on further bond conditions," the filing said.

    US prosecutors earlier asked for $80 million bond as a condition for releasing Gyetvay. It is not clear whether that sum was met.

    Why are Russian businessmen of this level going to the USA? Either they are idiots or they are traitors. The US is notorious for fake legalized
    kidnapping to further its imperial ambitions. If Americunts want to do business with Russians, they should come to Russia. But after their regime's
    recent declaration that Sputnik V is not a real vaccine, they have no business coming to Russia at all.

    Russia does not need Ameri-tardia. Ameri-tardia needs Russia.

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    Post  kvs Tue Sep 28, 2021 6:49 pm

    GarryB wrote:Destroyed pipeline is the EUs problem, but they will be monitoring it I rather suspect.

    Any damage could be repaired and any costs in that repair will be passed on to the gas customers... that is how commerce works.

    That is naive. The western "democracies" will pull some trick to offload the costs onto Gazprom. Commerce only works when there is
    no war.

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    Post  kvs Tue Sep 28, 2021 6:51 pm

    par far wrote:The Germans are saying that Russia must supply gas through Ukraine, even when Nord Stream 2 is fully functioning.

    I really really really hope Russia tells them to **** off.

    Does the current contract with Ukraine expire in 2024?

    Deutschland can chirp whatever it wants. It is already clear that Russia has no interest in supply gas through Banderastan after the
    contract expires in 2024. In fact, it is already only doing minimal contracted transit. Banderite vermin are wailing on a daily basis.

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    Post  kvs Tue Sep 28, 2021 7:12 pm



    Hilarious.   As the gas price hits $1030 on the spot market, EU-tardia is demanding to review the contract that Hungary signed with
    Gazprom for natural gas.   Supposedly, this contract threatens EU-tardia's energy security.

    Then these retarded fecks spew hate at Russia for not supplying enough gas.   I need a new term for these retards.   They are now
    something lower than f*cktards.

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    Post  Hole Tue Sep 28, 2021 8:36 pm

    kvs wrote:
    par far wrote:The Germans are saying that Russia must supply gas through Ukraine, even when Nord Stream 2 is fully functioning.

    I really really really hope Russia tells them to **** off.

    Does the current contract with Ukraine expire in 2024?

    Deutschland can chirp whatever it wants.   It is already clear that Russia has no interest in supply gas through Banderastan after the
    contract expires in 2024.   In fact, it is already only doing minimal contracted transit.   Banderite vermin are wailing on a daily basis.


    The guy has nothing to say in Germany so... angry
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    Post  Kiko Tue Sep 28, 2021 11:08 pm

    Gazprom signed a 15-year gas supply contract with Hungary, 28/09/2021.

    Gazprom and Hungary have agreed on gas supplies by the end of 2036.

    The signing ceremony took place in Budapest.

    Gazprom explained in its message that two long-term contracts for the supply of Russian gas to Hungary were signed between Gazprom Export and MVM CEEnergy Ltd. The total volume of contracts is up to 4.5 billion cubic meters, the duration of each of them is 15 years.

    https://sdelanounas.ru/blogs/?id=105

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    Post  JohninMK Wed Sep 29, 2021 12:12 am

    kvs wrote:
    par far wrote:The Germans are saying that Russia must supply gas through Ukraine, even when Nord Stream 2 is fully functioning.

    I really really really hope Russia tells them to **** off.

    Does the current contract with Ukraine expire in 2024?

    Deutschland can chirp whatever it wants.   It is already clear that Russia has no interest in supply gas through Banderastan after the
    contract expires in 2024.   In fact, it is already only doing minimal contracted transit.   Banderite vermin are wailing on a daily basis.

    The current contract through Ukraine expires on 31/12/24. After that it is subject to more discussions.

    I suspect that Russia will continue to ship via that route if it is in their interests to do so, for example if it is of benefit to a southern European customer or if they extract something of value from Germany/EU/US in exchange or use it as a negotiations with Turkey on Turkstream. It is still over 2 years away and a lot will change before then.

    As to starting transit through NS2, expect a rapid change in the EU stance as soon as the cold weather hits but not before.

    I saw a report last week, but can't remember where, when spot was $900, that quoted the German long term buy price in the contract as $250.

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    Post  kvs Wed Sep 29, 2021 12:49 am

    Kiko wrote:Gazprom signed a 15-year gas supply contract with Hungary, 28/09/2021.

    Gazprom and Hungary have agreed on gas supplies by the end of 2036.

    The signing ceremony took place in Budapest.

    Gazprom explained in its message that two long-term contracts for the supply of Russian gas to Hungary were signed between Gazprom Export and MVM CEEnergy Ltd. The total volume of contracts is up to 4.5 billion cubic meters, the duration of each of them is 15 years.

    https://sdelanounas.ru/blogs/?id=105

    The EU is reviewing this contract as a threat.


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