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Germany to fire up coal stations as Russia squeezes gas supply

zaangalewa

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You mean besides trying to kill my father in the war they started?

Joker. Where did a German soldier more than 7 decades ago try to kill him - if any German soldier tried to do so at at all? In the USA? For sure not. And what did he do in Germany?
 
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zaangalewa

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I think you should go find a mirror.
No - you have a very big serios psychological problem. And you are also a liar in the name of god. That's not able to come to a good end.
 
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ding

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No - you have a very big serios psychological problem aAnd you are also a liar in the name of god. That's not able to come to a good end.
That's nice.
 

Ringo

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As it turned out, Russia subsidized the European economy through low energy prices.
Now these subsidies have ended, and with them the myth of the high standard of living of Europeans has ended
 

Toddsterpatriot

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As it turned out, Russia subsidized the European economy through low energy prices.
Now these subsidies have ended, and with them the myth of the high standard of living of Europeans has ended

That's awful!
Now Europeans only have 4 times Russia's GDP per capita, instead of 5 times.
 

Ringo

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Gazprom this morning reduced supplies via the Nord Stream to 20%. Gas in Europe is already at $2,500. This is almost 50 times more than in 2020. Good morning, idiots!
 

Ringo

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para bellum

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Gazprom this morning reduced supplies via the Nord Stream to 20%. Gas in Europe is already at $2,500. This is almost 50 times more than in 2020. Good morning, idiots!
Gazprom is one of the worst performing stocks on the Moscow exchange.

Fact is, Russia needs Europe more than Europe needs Russia. The western Siberian gas fields have nowhere else to send the gas. They can't liquify it because they don't have the capacity, and the liquification plants use western technology. Russia will be lucky to keep the capacity they have operational.

Pipeline gas is not fungible. If you can't send it through the pipeline, you have to leave it in the ground. Before the invasion, 83% of Russian gas exports went to Europe, which accounted for 46% of European gas imports.

Europe will have a painful but necessary transition, and it will be a permanent shift. The US sent more LNG to Europe in June (5.5 bcm) than Russia did (4.3 bcm).

Before the invasion, Russia was sending about 11bcm/month. So it's about 35% today of what it was. Which is why Gazprom has lost about 60% of it's value since February.

You can't send it to China or India because first they don't want it, and second there is no way to get it there. There is no connection between the western and eastern Siberian pipeline systems. Russia doesn't have the money to build it, and China won't pay for it.

Russian manufacturing is at a standstill, autos are at about 25% and imports are zero. You'd think Russian automakers would be doing better with no import competition wouldn't you?

Putin is destroying Ukraine and Russia.

 

JWBooth

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:oops8:

Germany must reduce natural gas consumption and increase the burning of coal in order to help fill gas storage facilities for next winter, German Economy Minister Robert Habeck announced Sunday as the country moves away from reduced Russian gas supplies.

“The situation is serious,” Habeck said in a statement. “We are therefore continuing to strengthen precautions and taking additional measures to reduce gas consumption. This means that gas consumption must fall further, but more gas must be put into the storage facilities, otherwise things will really get tight in winter.”

Germany to fire up coal stations as Russia squeezes gas supply

But what about Mah Carbon Footprint? Better hope Sweden does not invade. ;)
The kraut government made the conscious and enthusiastic choice to be a puppet with the strings held in D.C.
Instead of making choices that were to their benefit they did what their masters required of them, so fuck 'em.
 

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