kvs wrote:There is enough capacity for the Balkans but not for all of the EU. But the EU does not want any Russian gas, so its all fine.
If the EU really wanted Russian gas the overland Yamal pipeline can carry 33 bcm/y. It hasn't gone anywhere.
Russia stopped pumping gas though the Yamal pipeline because the EU stopped ordering gas and the Polish government seized Gazprom assets in Poland.
Baltic LNG at Ust Luga will see 45 BCM per annum, loaded at the port onto tankers and sent to Europe
It's a lie that Europe doesn't want gas, they say so in public, but Spain, Italy, Germany, all continue to purchase gas, but they won't report tanker sales as it's much easier to hide it from their own idiot politicians
Ust Luga will replace Nord Stream 2 completely, if the pipelines planned capacity was 55+ BCM, and Baltic LNG will produce 45 BCM, we talk a small difference
The residue of liquefied gas will be piped to Kaliningrad and it can be loaded onto other tankers for resale
It's very easy to utilize the existing transit system without the pipelines
Hell if europe did not want cheap piped gas, and would rather pay a premium on LNG by tanker thats fine
What I would do is repair Nord Stream 2 only and reroute it from the damaged section to Kaliningrad
That would mean Russia would see nearly 120 BCM alone passing through Ust Luga and NS2 to Kaliningrad
That would make up for the lost 110 BCM from damage to the NS system
Then I'd put all barrels at the port and let all willing shippers from all over the world come to Kaliningrad and load up and resell at premiums
Imagine a terminal which loads the barrels of gas onto trucks to go to all Europe, with Chinese trucks and truckers completely displacing the entire Soyuz, Druzhba, Yamal pipelines