Russian Oil and Gas Industry: News #3

lancelot wrote:The SMR reactors are another scam and haven't been built or in operation anywhere in the world.

GarryB wrote:but it becomes a scam when you demand your suppliers ship lots of that high cost product locally in bulk when the prices are high so they can keep it ready in storage for when the prices drop and you can buy it at a cheaper price.

GarryB wrote:Not just the greens... all the unelected idiots at the EU thought they were going to get even cheaper energy by screwing the Russians and the result is that they are paying much more for their gas now than if they had simply done what Russia wanted and sign low price long term gas contracts

Arrow wrote:There are Rosatom building small floating nuclear power plants.

lancelot wrote:

. Rosatom is using these reactors in far away locations in the Arctic where other forms of power are not as viable. It is quite different from proposing to use these in urban centers. Let alone in the dozens.

Karl Haushofer wrote:This reminds me of what happened today in Finland. Finnish president Sauli Niinistö met with Vladimir Putin for the first time in two years.

One of the things that was discussed was timber trade between Russia and Finland. Finnish forest industry is currently quite dependent on timber imports from Russia because Russian timber is very cheap compared to Finnish timber. Finnish forest owners sell timber with very high price compared to imports from Russia.

Importing timber from Russia has also been lucrative for Finnish companies because Russia doesn’t require forestry companies to re-plant the forests that they cut. In Finland the companies that cut forests have to do the re-planting that costs a lot of money. So these companies save a lot of money when they go to Russia and just cut the forest, take the timber to Finland and then leave. These companies have been treating Russian Karelia as their colony and basically raping Russian forests for the last 30 years or so.

But in 2020 the Russian government made a decision that by 2022 Russia will prohibit exporting Russian timber abroad. With this decision the Russian government wanted to help to develop forest industry in Russia. This would also mean big troubles for these Finnish companies. So Russia received a lot of negative publicity because of this.

Last month Russian government started make preparations for this. The Saimaa canal which connects the Gulf of Finland to Finnish river network is used to transport Russian timber to Finland. It is a cheap and efficient way to transport Russian timber here. The Russian government announced that in a near future transport of timber out of Russia will be prohibited in Saimaa canal. This announcement caused a lot of anger in Finnish press.

But today – according to the Finnish press – president Putin promised Niinistö that he will talk to Russian officials to have this decision reversed because Putin doesn’t want to see Finnish industry suffer.

This would great news for my country Finland that can continue to rape Russian forests, but oh man… what a moron this man is! I mean Putin! I don’t know why does he have this very odd, very strange desire to make goodwill gestures to countries that more or less openly detest him and Russia. Does he think he will get something in return? Does he think that these countries will like him more? If so, he is truly in idiot. These gestures are not seen as anything else than stupidity and weakness, and quite rightly so.

Now let’s see if Russian officials and government are strong enough to resist Putin. I believe that there are many good people in Russian government who have a great desire to develop Russia. I can also imagine that many of them are getting increasingly tired of Putin.

flamming_python wrote:
Dunno, sounds like quite a good maneuver

Russia basically gave up nothing, it just returned the previous status quo, after of course letting the Finns understand how dependent they are on Russia. Russia might even add extra conditions this time to limit deforestation but Finland will still 'owe' Russia for this one.

GarryB wrote:Why stop selling coal?

If countries need it and want to buy it then Russia should sell it to them.

kvs wrote:Looks like the brazen bias in western "legal" institutions is becoming uncomfortable.   All of these kangaroo tribunal decisions against
Russia are transparently nonsensical.   The Dutch one even went as far as staging a mock trial to exonerate Khodorkovsky even though
it did not have any such jurisdiction and did not have the process to do a trial (e.g. evidence and witnesses).   It used western fake
stream media reports as "evidence".

lancelot wrote:Poland is building that pipeline to Norway which syphons gas that would otherwise go to Germany. It also made LNG facilities and contracted to buy "freedom" molecules from the US. There were also rumors they wanted to nationalize the Yamal gas pipeline taking it away from Gazprom. So I think they deserve whatever they are getting.