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London (CNN Business)Russia won't immediately resume exports of natural gas to Europe through its Nord Stream 1 pipeline, worsening a shortage that threatens to tip the continent into an energy crisis this winter.

On Friday, Russian state energy giant Gazprom said it would not resume flows through the pipeline on Saturday as planned because it had detected an oil leak at its Portovaya compressor station.  The pipeline has been shut since Wednesday for maintenance.

 

https://www.cnn.com/2022/09/02/energy/nord-stream-1-pipeline-turned-off/index.html

 

Lying and phantasizing.

But the German gas storage fills up ahead of plan. A blunt sword for the autocrat lost completely. Tear down the pipelines.

Not sure whether Putin meant to do this, but he has certainly managed to expose the foolishness of German (no, Western) climate catastrophe alarmism.

 

Good luck, Europe, in getting through your winter without fossil fuels.

I'm surprised that it has taken Putin this long to take this action. Shutting down/ Disrupting gas supplies is obviously his most effective non-violent weapon against the West.

13 minutes ago, RayC said:

I'm surprised that it has taken Putin this long to take this action. Shutting down/ Disrupting gas supplies is obviously his most effective non-violent weapon against the West.

Russia also needs the financial income from gas sales to the West

43 minutes ago, Mac Mickmanus said:

Russia also needs the financial income from gas sales to the West

And Putin needs to keep money flowing into the pockets of those propping him up.

with the way everything is weaponised why is this considered a strange move?
sanctions aren't working with India paying its gas bill in Roubles so pay your bin in Roubles ...problem gone indigenous happy they have heat and the ability to cook.

2 hours ago, blazes said:

Not sure whether Putin meant to do this, but he has certainly managed to expose the foolishness of German (no, Western) climate catastrophe alarmism.

 

Good luck, Europe, in getting through your winter without fossil fuels.

Looking at worldwide climate events the alarmism is very justified. 

8 minutes ago, wombat said:

with the way everything is weaponised why is this considered a strange move?
sanctions aren't working with India paying its gas bill in Roubles so pay your bin in Roubles ...problem gone indigenous happy they have heat and the ability to cook.

Exporting large amounts of natural gas to non-European countries is not an option for Russia in the near term. Over 90% of Russia’s gas is transported by pipeline, and most of Russia’s pipelines connect to markets and refineries in Europe.

I hear the price of wood in Germany is sky high. What are they going to burn after they run out of trees?

At the beginning of this year  everybody buying and laughing 

now as they say most gas supply full for winter 

next year is the big question who is creative enough to fulfil the need .

of course some countries   have no choice  so pay in Rubels others dont care so long as they get delivery.

but Europe being a massive gas buyer  and buy nothing

think this a few billion that the Russian federation will miss 

Russians are survivors which ever way you look at it every war every bad winter every hot summer every crisis they still go on as nothing has happened 

now goverments want all to go electric  the eco plan but war will break out where can i load up my car  it already happens in Norway people fighting for a loading parking place No Joke i seen it 

the networks of cables can not cope with all this voltage they say that is extra needed 5 more years to update and then obsolete again 

 

when i was a child i remember  we had open fire in the house for heat in living room 

upstairs no heating but many blankets in the morning you could see the frost patterns on the glass

 

sleep with big pajama use wollen night gound to go downstairs in morning cold but in the room warm  eat big breakffast go work  same as work places workshops cold work harder keep warm 

maybe we going back to this stage again and maybe the people will get to start building immunity again instead of every small pain or fart they let go run to the doctor 

 

conclusion if less energy be creative if you cook for 1 cook for 6 and splitsame gas same amount of energy  

here Thailand we baught solar lights 1200 watt chargable by the sun or from the net  

last 9 hours full on never see for sale in Europe  what a pity the cos was 22 euro  

life goes on i hope this grisley war from P ends and gets the world back to some normality 

 

For land or money  or power  the fight will never stop and the powers to be with there donkey heads nodding disagreement   but acutely do nothing  just bla bla 

 

actuely there are millions of Russians that suffer the cold like Europe will do but they have over the centueries found the way to keep warm

 

 

have been there seen it was amazed how they do it 

 

 

 

 

 

 

 

 

 

 

1 hour ago, vandeventer said:

I hear the price of wood in Germany is sky high. What are they going to burn after they run out of trees?

Before the rise of Adolf, Germans were during German Marks by the wheelbarrow load. It was cheaper than buying wood for heat.

At root is the dilemma and we have wrestled with this before. Shut out, isolate a regime to force it failure ... attempts on Cuba or North Korea, for example. OR, try to bring them into the international community, growing the inter-dependence so that it is in their best interest not to rock the boat too much. Both approaches have benefits and draw backs, neither is guaranteed of success. 

3 hours ago, RayC said:

I'm surprised that it has taken Putin this long to take this action. Shutting down/ Disrupting gas supplies is obviously his most effective non-violent weapon against the West.

Could be to do with funding his failing war.......Perhaps...????

3 hours ago, Mac Mickmanus said:

Russia also needs the financial income from gas sales to the West

That's true to a degree but I would suggest Europe is more dependent on Russia in this instance. Europe needs to power its' industry and heat its' homes, and - in the short term - it cannot do so without experiencing severe disruption unless it imports Russian gas. 

 

Because of the huge increase in the price of gas, the value of Russian gas exports to Europe has remained roughly the same as it was before sanctions were imposed, despite volumes being significantly reduced.

 

I should withdraw my previous comment about being surprised that it took Russia this long to disrupt supplies. It makes perfect sense. Unfortunately, Russia holds most of the good cards here. It's possible (likely?) that Europe can look forward to a winter in which Russia turns the taps on and off quite regularly.

4 hours ago, blazes said:

Not sure whether Putin meant to do this, but he has certainly managed to expose the foolishness of German (no, Western) climate catastrophe alarmism.

 

Good luck, Europe, in getting through your winter without fossil fuels.

Actually what he’s done is expose the foolishness of relying on imported energy and on an energy source that is impacted by manipulated commodity price shifts.

 

Its a very good argument in favor of in-country renewable energy.

 

 

2 hours ago, Chomper Higgot said:

And Putin needs to keep money flowing into the pockets of those propping him up.

To a degree. But those same people need to ensure that their depression does reach the stage whereby they feel inclined to leap through Russian hospital windows!

Good move by Putin....should have done it ages ago. These were lost customers anyway, the sanctions will never go away in our lifetimes. Much better to hook up with China, Iran etc andante try to change the world. We will soon see arms sold to NK and Iran by Russia and China as retaliation for US arm to Ukraine and Taiwan.

1 hour ago, Bkk Brian said:

Exporting large amounts of natural gas to non-European countries is not an option for Russia in the near term. Over 90% of Russia’s gas is transported by pipeline, and most of Russia’s pipelines connect to markets and refineries in Europe.

Exactly.  While I believe this will eventually be a good thing for Europe, by forcing it to wean itself from Russian gas - at least until Russia manages to have a civilised human being in charge, it is, none the less amusing to see Putin lovers spouting stuff they know nothing about - like India paying Rubles for Russian gas.  The only gas pipelines from Russia go to Europe (the majority and biggest of them), and China (small ones so far, which are already near, or at, full capacity.  Even though there is work being done to build a pipeline network from Siberia to China, it is some time off being completed, let alone tested and commissioned).  If gas doesn't go via a pipeline it must be shipped, but you can't just pour it into a big empty boat and call it a tanker, it must be liquified at an appropriate facility first, and then poured into specially built storage vessels on specially built ships.  Russia does have such facilities in the north Pacific, but, once again, they are already running at full capacity.  India is buying crude oil, tanked from Russia, but, until they either build new gas liquification terminals, or a pipeline across the Himalayas, it won't be buying significant (if any) volumes of gas from Russia any time soon.

 

China has ramped up gas supplies from Russia, but, again, there isn't much more volume they can receive using current infrastructure - certainly nowhere near enough to replace the loss of Europe as a buyer.  "China spent $18.9 billion on Russian oil, gas and coal in the three months to the end of May, almost double the amount a year earlier, latest customs data show. Meanwhile, India shelled out $5.1 billion in the same period*, more than five times the value of a year ago. That’s an extra $13 billion in revenue from both countries compared to the same months in 2021."  Meanwhile, Russia stands to lose roughly €400 billion a year from cutting European pipelines.  Sound economics there!

*None of it on gas.

 

Putin appears to have cut off his nose to spite his face, by cutting off his cash cow pipeline to spite the West.  He obviously only cares about earning enough to continue funding his war and to hell with the rest of the Russian people's needs.

 

 

 

Ukraine war: India, China buy Russian oil and gas worth $24 bn in 3 months | Business Standard News (business-standard.com)

 

4 hours ago, RayC said:

I'm surprised that it has taken Putin this long to take this action. Shutting down/ Disrupting gas supplies is obviously his most effective non-violent weapon against the West.

So the Cold War is back.

Meanwhile Nord Stream 2 is fully operational with shiny new turbines on stand by. Unfortunately it will take crowds of german people running with pitchforks to convince their government to license Nord Stream 2 into operation after entire industries shut down.

5 hours ago, blazes said:

Not sure whether Putin meant to do this, but he has certainly managed to expose the foolishness of German (no, Western) climate catastrophe alarmism.

 

Good luck, Europe, in getting through your winter without fossil fuels.

LOL. Seems the "renewable energy" isn't all it was cracked up to be!

Perhaps it's time for Germany to rethink nuclear- I believe they shut their nuclear plants a few years back and went for Russian gas instead.

20 minutes ago, thaibeachlovers said:

LOL. Seems the "renewable energy" isn't all it was cracked up to be!

Perhaps it's time for Germany to rethink nuclear- I believe they shut their nuclear plants a few years back and went for Russian gas instead.

The only problem with renewable energy is that despite the various green parties in the EU warning about reliance on Russia for gas instead of moving to wind and solar faster and sooner they took the easy way out.

Edited September 3, 20223 yr by ozimoron

22 minutes ago, ozimoron said:

The only problem with renewable energy is that despite the various green parties in the EU warning about reliance on Russia for gas instead of moving to wind and solar faster and sooner they took the easy way out.

Not just Green Parties.

 

Ronald Reagan also warned of the dangers of relying on Russia for energy.

 

 

44 minutes ago, thaibeachlovers said:

LOL. Seems the "renewable energy" isn't all it was cracked up to be!

Perhaps it's time for Germany to rethink nuclear- I believe they shut their nuclear plants a few years back and went for Russian gas instead.

Renewable energy is the future, don’t let fossil fuel shills tell you otherwise.

Trump warned Europe a few years ago and they laughed at him. Europe was sending billions to the Soviet union so they could build up their military.  Doing business with your enemy.  Guess you can't fix stupid.  

8 hours ago, ozimoron said:

The only problem with renewable energy is that despite the various green parties in the EU warning about reliance on Russia for gas instead of moving to wind and solar faster and sooner they took the easy way out.

Perhaps, when it comes down to it, they decided that renewables were never going to be enough, and they had to keep using fossil fuel.

As I see it, the real problem was the IMO misguided decision to stop using nuclear, the currently ( IMO ) only means of providing non carbon producing electrical power in sufficient amounts to satisfy multi million populations in countries without sufficient hydro resources.

7 hours ago, Chomper Higgot said:

Renewable energy is the future, don’t let fossil fuel shills tell you otherwise.

I have no disagreement that renewable is the future, but that future is not yet with us. IMO they should have stuck with nuclear, as France has done, till that future is a reality.

 

Don't knock fossil fuel- it was the means by which we all live better lives than pre combustion engines, and the whales certainly benefited.

Winter might not be too bad - Good excuse to drink (lots) of Vodka to keep warm

16 hours ago, RayC said:

I'm surprised that it has taken Putin this long to take this action. Shutting down/ Disrupting gas supplies is obviously his most effective non-violent weapon against the West.

The timing should not be a surprise. Doing this at the start of september is genius, it leaves plans to keep Europeans warm this winter in tatters and causes maximum disruption and fear. It leaves no time to build new coal or fossil fuel generators or reopen mothballed nuclear plants. If only Europeans had been warned of the dangers of relying almost solely on Russian energy imports to keep the lights and heaters on. All these government agencies around the world and literally NOBODY knew it was a dangerous situation?

 If anybody did warn about this danger, please accept my apology, and name the one person that raised the alarm(and was mercilessly mocked for doing so).