Russian Oil and Gas Industry: News #3

No problem. Russia takes land instead of money. There are some nice pieces of land east of the Dniestr...

franco wrote:

George1 wrote:Moldova declares that there is no funds to pay off the debt for the supplied gas

Gazprom agrees not to halt supplies to Moldova

Apparently they asked for an extension until Friday as the parliament had to approve the money borrowing.

As FP says above, this is exactly the right strategy for Russia to adopt for what is, in the greater scheme of things, peanuts.

Here's a good article summarizing the work being done on the Taimyr peninsula for the Vostok project. 145,000 tons of construction materials have been delivered and a 1,300 meter terminal and berth is under construction. They estimate oil production will reach 100 million tons by 2030.

https://thebarentsobserver.com/en/industry-and-energy/2021/11/russias-biggest-oil-project-rises-coast-yenisey-bay

Why is the US buying more and more fuel from Russia?, 25/11/2021.

While Washington urges its European allies to reduce its dependence on Russian energy resources and imposes sanctions on the Nord Stream 2 pipeline, the US itself urges Russia to supply more fuel and even makes the largest diesel purchase in three years. Experts on the subject explain why this trend is.

Four Russian oil tankers with a total of two million barrels of diesel fuel manufactured from natural gas left for the United States to help mitigate the energy crisis that the American country is experiencing. This is the maximum purchase of its kind since 2018, reports the Bloomberg agency citing reference data from the Vortexa tracking and analysis platform.

Russian ships should reach the US coast next week and will help contain fuel prices that have reached the highest prices in the last 7 years, the agency highlights.

"Russia is better positioned to supply diesel than other refineries in Europe because of its access to cheap natural gas," explains Clay Seigle, director of Vortexa in Houston.

Such purchases - from the US to Russia-are quite rare, analysts note. So why do you sanction trade with Russia with one hand and buy hydrocarbons and their derivatives with the other?

Imbalance between consumption and production

Although the United States is today the largest producer of oil in the world, it still produces less than it consumes: 11.4 million barrels per day against the 20 million that its economy requires.

Historically, Venezuela provided US refineries with heavy, viscous oil. After imposing sanctions on the amount from Venezuela, the US has been increasing the purchase of oil and derivatives from Russia for several years, mainly heavy fuel oil, so this purchase of diesel reflects a high level of despair, explains Alexander Frolov, deputy director of the National Energy Institute of Russia, quoted by the newspaper Vzglyad.

"The United States has lost about 20 million barrels of oil a month, which were supplied by Venezuela. This volume had to be offset by other sources. And one of these sources was Russia. It now ranks second or third, depending on the month," he explains.

First, among the suppliers of this type of hydrocarbons to the United States is Canada, which contributes half of the imports to its southern neighbor. Second place now goes to Mexico. Added to this situation is the fact that the Canadian Irving Oil refinery has been under scheduled maintenance since September and is only recently resuming production.

These factors have significantly boosted fuel prices in the US.
Frolov points out that the price of a liter of gasoline in the US is already close to one dollar, and a liter of diesel more or less the same. This is a lot and between 30 and 35 cents more expensive than the cost of diesel fuel at the beginning of the year.

"All this suggests that it is still too early to bury traditional motor fuel (...) The US refutes these 'wonderful' stories with its own example, " concludes Frolov.

Yandex Translate from Spanish

https://mundo.sputniknews.com/20211125/por-que-eeuu-compra-cada-vez-mas-combustible-desde-rusia-1118633102.html

We should be buying fuel from Russia too... petrol is about $2.50 a litre here...

Autodestruct wrote:Here's a good article summarizing the work being done on the Taimyr peninsula for the Vostok project.  145,000 tons of construction materials have been delivered and a 1,300 meter terminal and berth is under construction.  They estimate oil production will reach 100 million tons by 2030.

https://thebarentsobserver.com/en/industry-and-energy/2021/11/russias-biggest-oil-project-rises-coast-yenisey-bay

...cuz Oil is becoming obsolete and worthless.....  

Western greenie leftist retards.

franco wrote:Moldova Pays $74Mln Debt to Gazprom

https://sputniknews.com/20211126/moldova-paid-74mln-debt-to-gazprom-1091047274.html

Wait, Karl is about to post his apologies for being full of shit, yet again

To be fair, the Putin method meant they paid their bill and are still buying Russian gas.

If Gazprom had been more hardline like anti Putin people suggest they would have kicked their Russian gas habit and be begging to other suppliers for energy or loans to build alternative power stations...

Just a friendly reminder that, if the Germans cancel the pipeline, they still have to pay up their contractual obligations. Gazprom wouldn't really lose much in this case. (Note how many discussions in this thread focus on the fact that Russia's gonna lose out - they won't). The Germans (read: their industry) were the ones to request NS II.

The Germans would only shoot themselves (their industry) in the foot. It's why even the Greens are against sanctions on NS II. Mind you, it's not because they're very bright, though German industry would eat them up if they **** them over. However, whether the Atlantisists in Germany are actually going to care about German industry is another question.

In the short-term it would be similar to Western sanctions on Russia. Gazprom would lose a bit whilst they re-orient all of their shipments Eastward (To China) and end up with a much more reliable partner to do trade with. They can either build a pipeline over Siberia or just use LNG-tankers to supply China via the Nortern Sea Route they've been planning. Fairly sure that the Chinese would eat up any and all energy supply that Russia can give them, due to their industrial demands. (If you don't believe this, look @ how much they pay for nat. gas right now)

IMHO the major value in NS2 is the pipeline geopolitics, even if its not a poltiical project at its core.  Ukropistani mouth-foaming idiocy is proof of the pudding that NS2 is going to throttle the illegal Nazi regimes funding for its military assault against the Donbass and its people, indeed the simpering clown Zelensky has openly stated that without transit fees they will no way to fund their Banderite thug army or procure equipment.  As it is, they rely on the likes of Murka and their dogs (like the Britz) to donate equipment and supplies.

I say let the process play itself out.  Let the feckless Eurotrash public freeze penniless in the dark while their corrupt sock-puppets in government play politics with their quality of life.  There will be a price to be paid for this shit, and it won't be Russia that pays it in the long run.  Russia can afford to wait, and let nature take its course - after all, they own the gas resources, and they have the advantage of nice warm homes to live in while they watch and pass the popcorn....  

Big_Gazza wrote:IMHO the major value in NS2 is the pipeline geopolitics, even if its not a poltiical project at its core.  Ukropistani mouth-foaming idiocy is proof of the pudding that NS2 is going to throttle the illegal Nazi regimes funding for its military assault against the Donbass and its people, indeed the simpering clown Zelensky has openly stated that without transit fees they will no way to fund their Banderite thug army or procure equipment.  As it is, they rely on the likes of Murka and their dogs (like the Britz) to donate equipment and supplies.

I say let the process play itself out.  Let the feckless Eurotrash public freeze penniless in the dark while their corrupt sock-puppets in government play politics with their quality of life.  There will be a price to be paid for this shit, and it won't be Russia that pays it in the long run.  Russia can afford to wait, and let nature take its course - after all, they own the gas resources, and they have the advantage of nice warm homes to live in while they watch and pass the popcorn....  

Ideally

But in reality the more destabilized the Ukraine becomes, the faster it will find a way to involve Russia in its problems whether Russia likes it or not.

flamming_python wrote:Ideally

But in reality the more destabilized the Ukraine becomes, the faster it will find a way to involve Russia in its problems whether Russia likes it or not.

The more destabilized they become, the easier it will be to defeat them without breaking sweat, either by allowing it to crumble under the weight of their own corruption or by supporting Novorossian forces. Hence why Russia is taking their sweet time to allow the rot to do its job, instead of intervening decisively.

Washington's plan is to unload the Ukria problem onto Russia by baiting it into an "invasion". I think that the smugness in assuming
that this can be pulled off shows a lot about the mental capacity of these geopolitical planners. Ukria does not have an army. It
has nazionalist thugs who are getting training from NATzO advisers. They will not roll over Novorussian forces and Russia does not
need to scramble to save the Novorssian forces from defeat. So the bait plan is DOA.

If the Ukraine did not steal gas in transit to other countries... or if indeed the EU customers had been a bit more reasonable about the situation instead of just blindly blaming Russia for everything alternative pipelines would not have been considered worth while.

Even if Europe cancels all gas orders from Russia right now Russia could start filling tankers and shipping the gas to countries like Asia but also central and south America as well as Africa and even the Pacific... Russian gas would be cheaper than any existing supply everywhere except domestic sales that are artificially reduced for local consumption.

Europe thinks Russia needs them... would be interesting for them to see the truth.

Russia has oil reserves for 30 years, gas for 50 years — Novak, 29/11/2021.

According to Novak, despite the energy transition process, Russia is confident in the possibility of selling its oil and gas reserves.

MOSCOW, November 29. /TASS/. Russia's oil reserves will last for at least 30 years, and gas reserves for 50 years, Russian Deputy Prime Minister Alexander Novak said on Monday.

"Russia has huge oil and gas reserves. Under the current conditions and production levels, Russia’s oil reserves reach about 30 years, gas reserves - about 50 years," he said.

According to Novak, despite the energy transition process, Russia is confident in the possibility of selling its oil and gas reserves. "We believe that in the coming years these resources will be in demand in the energy markets," he stressed.

Novak said that Asia will remain the main destination for export growth. For example, oil exports to China have grown 6-fold over the past 10 years. Gas exports are also growing - their volume reached 13.4 bln cubic meters at the end of November 2021 since the beginning of the year.

These journalists are mental inadequates. Green energy will remain essentially a hot air boutique construct for the next 50 years.
All the projections about it dominating the global energy production are based on absurd extrapolations like the ones we saw being
made about the population decline in Russia. Only retards assume that 50% annual growth rates are persistent and their
attenuation follows some simple rule. We have seen these 50% growth rates collapse in the last few years as subsidies have been
rolled back. Green energy is currently a type of government welfare scam. The welfare is going into the pockets of the racketeers
who pimp this "solution".

The EU's energy crisis should be a wake up call that green energy is not a panacea. They had an anomalously low wind distribution
in 2021 and their windmills couldn't solve that problem. If they were serious about CO2 emissions reductions, they would be
deploying nuclear power. But nuclear power tech is outdated in the ubermenschen west and it is also infested with yet more
racketeering since the cost of a new power plant is well in excess of $7 billion and can hit $14 billion after the predictable problems
are discovered and "fixed".

Oil and gas demand is not going away for decades to come. But the NATzO west will attempt to use global warming as a pretext
to engage in colonialist meddling by dictating to the world what price it pays for it. I am sure that carbon taxes, a new type
of imperial tribute, will be attempted to be foisted on the planet.

The German business newspaper Handelsblatt is suggesting to Gazprom to forcefully ship gas through NS2 and pay the
EU a daily fine. This demonstrates conclusively how detached from reality western (EU-tard) perceptions of Russia
are. They think that Gazprom is so desperate to sell to them, that it will pay fines to do so.

Handelsblatt thinks it can trick Gazprom into exposing itself to lawsuits from Polish and Ukrian gas companies that
are part of the NS2 "certification" process. No, asswipes, you will be freezing in the dark before Russia eats
your shit.

Germany is not sovereign. It has been occupied territory since 1945. Both Poland and Ukraine have leaked stories about German reparations for WWII. It is a very easy mechanism to bankrupt Germany or Japan if it is greenlighted by the powers that be. Germany will do as it is told. So will Japan.

calripson wrote:Germany is not sovereign. It has been occupied territory since 1945. Both Poland and Ukraine have leaked stories about German reparations for WWII. It is a very easy mechanism to bankrupt Germany or Japan if it is greenlighted by the powers that be. Germany will do as it is told. So will Japan.

Puts Russia into perspective. A country with 146 million people that resists control by an empire that has over 2 billion people.
(Count Europe, Latin America, and other parts of the world).

https://www.rt.com/news/541582-germany-us-sanctions-nord-stream/

Germany has privately called on the US to abandon the idea of introducing sanctions against the Russian Nord Stream 2 gas pipeline project, the journal Axios reported on Sunday citing a confidential document it allegedly obtained.

The US Congress’ “unilateral action” on the project would “seriously weaken transatlantic unity on Russia,” said a ‘non-paper’ reportedly sent by Germany to Washington, according to the Virginia-based outlet. Axios published what appears to be a six-page confidential document used in closed discussions between governments.

It is unclear if the paper has had any influence on Washington. On Saturday, US media reported that President Joe Biden’s administration appears to be opposing a new batch of sanctions against the Russian project, currently going through Congress. If passed, they might hit the companies involved in the process of testing and certifying the endeavour. 

Berlin’s own position on the issue might depend on the stance of the new government about to take office there. Earlier this week, Germany’s incoming vice-chancellor and the Green Party co-leader, Robert Habeck, described the pipeline as a means of putting Ukraine under pressure and “increases the dependency of German politics.”

https://www.reuters.com/business/energy/russias-gazprom-swings-q3-net-profit-year-ago-loss-2021-11-29/

MOSCOW, Nov 29 (Reuters) - Russia's Gazprom (GAZP.MM) on Monday reported a record quarterly net profit of 581.8 billion roubles ($7.8 billion) for the third quarter reflecting high natural gas prices and said it expected even higher earnings in the last three months of the year.