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    Russian Oil and Gas Industry: News #3

    LMFS
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    Russian Oil and Gas Industry: News #3 - Page 40 Empty Re: Russian Oil and Gas Industry: News #3

    Post  LMFS 11/02/22, 02:41 am

    Add that to the additional profits from gas and then compound it with the loss of value of the ruble and MoD could theoretically more than double their budget, without the Russian economy even noticing. Such is the size of the Western desperation right now welcome

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    GarryB
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    Post  GarryB 11/02/22, 11:38 am

    What they could do is set up a fund for innocent EU companies damaged by stupid EU policies.... there was an RT report on a glass blowing company that has been working for over 100 years and they rely on gas to power their business, and the increased price of gas because of EU policy, is forcing them to change and might put them out of business.

    Russia should start to open gas supply companies in the EU and negotiate long term contracts with Gazprom and totally take over the EU market for gas supply because there is no way any other private company could undersell a company buying with a long term contract.

    Obviously to be fair you could also offer domestic companies the same deal to bypass the EU countries being dicks about this... sell direct to the little guy and cut the stupid countries out of the deal...

    Russia has ships designed to carry gas in liquid form but take it on as gas and offload it as gas directly into a gas network so they could perhaps send a ship to supply these businesses directly... might cost a little more but still be more affordable than the alternative.

    Market forces defeating evil imperial EU...

    Edit: the irony is that the west would still see this as an evil attack to undermine the west... even though it is actually an attempt to save EU businesses in trouble through no fault of their own who are in this mess because of the ideological mania of the EU leadership who seems intent on damaging itself to try to hurt Russia on the instructions of a foreign power who cares for neither country nor man... money is everything.
    miketheterrible
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    Post  miketheterrible 11/02/22, 11:44 am

    GarryB wrote:What they could do is set up a fund for innocent EU companies damaged by stupid EU policies.... there was an RT report on a glass blowing company that has been working for over 100 years and they rely on gas to power their business, and the increased price of gas because of EU policy, is forcing them to change and might put them out of business.

    Russia should start to open gas supply companies in the EU and negotiate long term contracts with Gazprom and totally take over the EU market for gas supply because there is no way any other private company could undersell a company buying with a long term contract.

    Obviously to be fair you could also offer domestic companies the same deal to bypass the EU countries being dicks about this... sell direct to the little guy and cut the stupid countries out of the deal...

    Russia has ships designed to carry gas in liquid form but take it on as gas and offload it as gas directly into a gas network so they could perhaps send a ship to supply these businesses directly... might cost a little more but still be more affordable than the alternative.

    Market forces defeating evil imperial EU...

    Edit: the irony is that the west would still see this as an evil attack to undermine the west... even though it is actually an attempt to save EU businesses in trouble through no fault of their own who are in this mess because of the ideological mania of the EU leadership who seems intent on damaging itself to try to hurt Russia on the instructions of a foreign power who cares for neither country nor man... money is everything.

    If Gazprom did that, those organizations in EU would be taken hostage by EU politics.

    Gazprom and Russia isn't responsible for EU and its stupid policies. If russia bails out the companies then they are just helping EU and prolonging the issue for Russia, not EU.

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    magnumcromagnon
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    Russian Oil and Gas Industry: News #3 - Page 40 Empty Re: Russian Oil and Gas Industry: News #3

    Post  magnumcromagnon 12/02/22, 08:02 pm

    owais.usmani wrote:https://iea.blob.core.windows.net/assets/4298ac47-e19d-4ab0-a8b6-d8652446ddd9/GasMarketReport-Q12022.pdf

    Russian Oil and Gas Industry: News #3 - Page 40 Firesh29
    Russian Oil and Gas Industry: News #3 - Page 40 FLUM6IuaQAMsB_u?format=png&name=small

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    GarryB
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    Post  GarryB 13/02/22, 07:14 am

    Gazprom and Russia isn't responsible for EU and its stupid policies. If russia bails out the companies then they are just helping EU and prolonging the issue for Russia, not EU.

    I am not talking charity, but the current gas price in the EU does not reflect what Gazprom wants to sell it for on long term gas contracts.

    Gazprom knows if the price remains $1,000 per whatevers that companies that have been using gas and are loyal customers will be forced to change to other energy sources.

    I am not suggesting Gazprom goes in there and offers free gas... I am suggesting they talk to these companies directly to see what they can do... perhaps Gazprom talking to gas supply companies in the EU to sell gas to them directly with long term gas contracts to control the prices so these businesses that rely on relatively cheap and relatively clean burning gas can continue to operate without going in to debt, or having to change the way they use the gas to save money.

    Might be blocked by the EU, that is the sort of shit they do, which means the next step could be to offer to these companies the chance to move their production to Russia to get cheap gas and keep their management in the EU, or if they are really pissed off with Brussels to move their entire businesses to Russia... even if they don't when they make such offers public perhaps the public might put pressure on the EU to stop being such dicks.

    Russia has spent the last two decades trying to work with these people for mutual growth and development... they are not the bad guys... it is gas producers in the US and also the US government that fears better trade between the EU and Russia would come at the expense of their trade with the EU...

    Russia can get more business by being the good guy, while at the same time showing everyone who the bad guy actually is.

    If this keeps going and Russia is forced out of the EU energy market and nothing comes in to replace it Russia might lose a little cash short term, but there is a huge world wide market for energy so they will find other buyers who might even pay more, it is the EU that is getting the short end of the stick and might find power outages and cold nights and for many businesses that will cost them money and make them less competitive... they might consider moving their heavy industry somewhere where the power does not keep getting cut off... like Russia...

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    magnumcromagnon
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    Russian Oil and Gas Industry: News #3 - Page 40 Empty Re: Russian Oil and Gas Industry: News #3

    Post  magnumcromagnon 20/02/22, 03:12 am

    magnumcromagnon wrote:
    The budget of the Russian Federation was made up on the basis of Urals oil at $44, and it is already more expensive than 93
    Russian Oil and Gas Industry: News #3 - Page 40 1643952178_5

    Oil prices update the highs of recent years. A barrel of Brent oil, having stepped over the psychological mark of $90, continues to grow. According to the "demand-supply" combination, the price level is already more than 91,5 dollars per barrel of oil of this brand.

    Even more impressive growth is shown by Urals oil, which is often called “Russian”. For the first time in 7 years, a barrel of oil of this brand showed an increase in price to $93. But the growth didn't stop there. The price rushed higher - to the level of $94 per barrel, which is the highest since 2014.

    It should be noted that the Russian budget in terms of the revenue from the sale of "black gold" is drawn up based on a price of about $44 per barrel of Urals oil. Thus, already in the first months of 2022, oil prices more than doubled the cautious forecasts of the economic bloc of the Russian government. Accordingly, from the sale of oil, Russian companies and, accordingly, the state came to excess profits. At the same time, the main question that is usually discussed in such a situation is how correctly the economic bloc of the government will be able to dispose of such super-profits. It should also be ordered taking into account the fact that $44 per barrel is the average annual forecast, and the year has only just begun.

    Experts attribute the growth of oil price positions to the assessment of “free” reserves. Recently, a report was published that for the rhythmic recovery and growth of the world economy, "free" oil resources on the market are not enough. Requires at least 15% of what is currently on the market. At the same time, in some regions of the world, for example, in Southeast Asia, the shortage exceeds the value of 27%. This spurs the rise in prices for oil of various grades.

    https://en.topwar.ru/191908-bjudzhet-rf-verstali-na-osnovanii-nefti-urals-po-44-dollara-a-ona-uzhe-dorozhe-93-h.html

    Russian Oil and Gas Industry: News #3 - Page 40 E7087acf358c28858ba3911fed87b0ac

    Western schemers are seeing the chickens coming back to roost! All the sabotage activity on Russia's periphery was in fact Western's cutting of their noses to spite their face. No doubt Russia will see themselves flush with cash, but I hope they stop the neoliberal policy of buying foreign reserves and start ramping up production of S-500s/S-550s/Nudols/A-235s. I want to see them procure at least 1,000 launchers per year because things are going to get real volatile this decade!

    Oil rises in price and could bring down the economy of Western countries

    Russian Oil and Gas Industry: News #3 - Page 40 992_16x9-1645181103wCrZ78yabBBLvwAVxsIAasWqjxcfrR2wt8TsBJFH

    At the beginning of this week, Brent oil was sold for the first time at a price above $100 per barrel. At the same time, weekly oil quotes are already confidently above $90, amounting to $92 per barrel today.

    Such a situation in the oil market has not been observed since September 2014. Moreover, apparently, it is fundamental rather than speculative factors that drive the growth in oil prices: according to forecasts, commodity prices may jump to multi-year highs in the third quarter of 2022, and this will lead to a slowdown in global economic growth and a protracted economic crisis. in Western oil-consuming countries.

    Such a global situation in the world oil market is affected by several factors at once. First, the industry has yet to fully recover from the spring 2020 price shock, followed by an unprecedented decline in global oil production, both under the OPEC+ cartel agreement and outside it, for example, in the United States. Secondly, investment in the oil industry did not return to pre-crisis levels even in 2021, as most players continued to pursue an extremely cautious and conservative investment policy. Simply put, no one invested in oil production and oil exploration, as everyone was afraid of another price shock. And, finally, thirdly, experts associate the rise in prices for black gold with the high demand for North Sea oil from oil refiners in Europe, as well as with the threat of Russia's invasion of Ukraine,

    According to the S&P Global Platts agency, on February 16, Brent oil quotation reached $100.7 per barrel. Now, experts predict that very soon the cost of oil may exceed $100 per barrel on a permanent basis. This is the forecast for the third quarter of 2022 from the investment bank Goldman Sachs. Experts from Bank of America are targeting a price of $120 per barrel by the end of June 2022. And experts from JPMorgan Chase even admit that the cost of raw materials by mid-summer and the holiday season will increase to $150 per barrel.

    The rise in oil prices will lead to a slowdown in global economic growth and spur inflation, analysts warn. Now oil is about one and a half times more expensive than a year ago. In February 2021, Brent oil futures traded at $60 a barrel. Increasing prices to $90-$100 per barrel by the end of February has already lifted inflation by about 0.5% in the US and Europe, and by the second half of the year, against the backdrop of continued growth, inflation could reach several percent.

    Such a nasty rise in inflation threatens to bring down the already weak and fragile economic recovery in Western countries, repeating the scenario of the 2008 crisis. But, unfortunately, Western countries are approaching the current crisis with a much smaller margin of safety and practically devoid of all the tools that they possessed 14 years ago.

    https://riafan.ru/1609816-neft-dorozhaet-i-mozhet-obrushit-ekonomiku-zapadnykh-stran

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    JohninMK
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    Post  JohninMK 23/02/22, 12:15 am

    Brent oil now over $98. Russian revenues continue to grow.

    Russian Oil and Gas Industry: News #3 - Page 40 FMMGC0nWQAA1m0C?format=png&name=small

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    miketheterrible
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    Post  miketheterrible 23/02/22, 12:21 am

    JohninMK wrote:Brent oil now over $98. Russian revenues continue to grow.

    Russian Oil and Gas Industry: News #3 - Page 40 FMMGC0nWQAA1m0C?format=png&name=small

    Do you brits still import Russian oil and gas?
    JohninMK
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    Post  JohninMK 23/02/22, 12:33 am

    miketheterrible wrote:
    JohninMK wrote:Brent oil now over $98. Russian revenues continue to grow.

    Do you brits still import Russian oil and gas?

    No pipeline gas but last year 10% of our LNG was Russian. Not sure re oil.
    miketheterrible
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    Post  miketheterrible 23/02/22, 12:42 am

    JohninMK wrote:
    miketheterrible wrote:
    JohninMK wrote:Brent oil now over $98. Russian revenues continue to grow.

    Do you brits still import Russian oil and gas?

    No pipeline gas but last year 10% of our LNG was Russian. Not sure re oil.

    Curious what the numbers are. I imagine with current prices, they may increase imports. But the British governments mouth kind of prevents that.

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    magnumcromagnon
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    Post  magnumcromagnon 23/02/22, 10:45 pm

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    kvs
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    Post  kvs 23/02/22, 10:55 pm

    Retards broadcasting their retardation.

    These are the self-anointed guiding lights of humanity.

    attack

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    GarryB
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    Post  GarryB 24/02/22, 10:34 am

    But that is good, if they kept quiet, other Twitter users would not realise what idiots and steering the ship they are currently on...

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    Hole
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    Post  Hole 24/02/22, 05:41 pm

    Best thing is they think they are smart. Laughing

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    lyle6
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    Post  lyle6 24/02/22, 07:54 pm

    JohninMK wrote:Brent oil now over $98. Russian revenues continue to grow.

    Russian Oil and Gas Industry: News #3 - Page 40 FMMGC0nWQAA1m0C?format=png&name=small
    Russians invented the self-licking ice cream cone. More tensions raises energy prices, and the more the prices raise the greater the war chest Russia grows to fuel even more tensions. Twisted Evil

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    magnumcromagnon
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    Post  magnumcromagnon 24/02/22, 10:01 pm

    magnumcromagnon wrote:

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