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If the pipeline started operating, which it probably would in a few months with energy catastrophe in Europe - it would be total victory for Russia: natural gas
by dongobongo 4y ago
If the pipeline started operating, which it probably would in a few months with energy catastrophe in Europe - it would be total victory for Russia: natural gas revenues through the roof, end of war, etc etc. USA for some reason believes that Russian victory is against its interests.
See Biden recently: https://twitter.com/ah114088/status/1574435558675316737 https://twitter.com/ah114088/status/1574435558675316737
- jcranmer 4y agoThat's not recently, that's 2022-02-07, nearly 8 months ago, and before Russia's invasion of Ukraine.
- dongobongo 4y agooops thought it was July...
- ISL 4y agoThere's still time to edit an error.
- 1ris 4y agoThat's not right, this is isn't even wrong. German policy has always been that this pipeline is a stranded assert once russia shuts it down. Keeping this as a lever and credible threat is vastly important for maintaining a somewhat secure supply of gasoline for east germany. When speaking about a energy catastrophe you really, really want this pipeline shut. In fact germany has taken measures to make sure that the pipelines will not become operational again. Confiscating and removing compressors and reuse them for the planned LNG terminals. If anybody profits from these explosions, it's germany. And russian natural gas revenues hit ground and are now searching for oil themselfs, now.
- ajsnigrutin 4y agoOn the other hand, this now means freezing europe and a lot of money for USA, against european peoples interests... especially for people who don't really care about ukraine, as they didn't care about afghanistan, syria, libya etc., and just want a nice life for themselves (so, most people).
- throwrqX 4y agoNo this does not mean Europe will freeze, and honestly this was never going to happen. Worst case is lots of companies will fail. See: https://www.bloomberg.com/news/articles/2022-09-27/europe-is-ready-for-a-winter-without-russian-gas-bnef-says https://www.bloomberg.com/news/articles/2022-09-27/europe-is...
- ajsnigrutin 4y agoYeah sure... they're saying we have enough reserves, then in the same sentance, that we must limit the time we shower, that we must wear sweaters indoors, that we must not heat our houses above X degrees, and many of the companies are aalready shutting down due to gas prices.... and it's not even winter yet. What do you expect the politicians to do? Say that we're fucked because they didn't want to negotiate? ...so we can protest and replace them before we're actually fucked? Or lie about being ready, until it's obvious we're not ready and we're fucked, and with a destroyed pipeline, we cannot even negotiate anymore. We're talking about people who couldn't even get masks during covid.
- throwrqX 4y ago> end of war The vast majority of weapons and support to Ukraine is coming from the US, Britain and Eastern European countries, not Western ones. Even if Germany and France started taking in gas from Russia it would only marginally affect the amount of support coming in for Ukraine and certainly wouldn't come even close to ending the war. The energy catastrophe is unlikely to happen too beyond what is already happening (ie companies having to shutdown due to high energy prices). See: https://www.bloomberg.com/news/articles/2022-09-27/europe-is-ready-for-a-winter-without-russian-gas-bnef-says https://www.bloomberg.com/news/articles/2022-09-27/europe-is...
- mgfist 4y agoEurope had already figured out their energy supply for the winter. They weren't counting on Russia.
- foverzar 4y agoSo what was the solution in the end? Cuz currently I only see everyone being afraid to even acknowledge that gas reserves are merely a buffer. I suspect this "figured out" might as well be yet another soothing post-truth.
- mgfist 4y agoWell for one they've filled storage reserves past the annual target: https://graphics.reuters.com/UKRAINE-CRISIS/EUROPE-GAS/zdvxozxzopx/ https://graphics.reuters.com/UKRAINE-CRISIS/EUROPE-GAS/zdvxo..., and will fill it up to the max. The reserve can be used for about 3 months. Anything else they need will be purchased expensively on demand. Demand will be cut where it can. Something like 10-15% less demand would make all the difference. Yes it'll be painful in the short term but they should have never hitched themselves to Russian energy in the first place. This is the cost they will pay. Anyways, by next winter France's nukes should be back online and they'll have had 2 years to make structural changes to ween off Russian gas. Likely means more US LNG in the short term, and more green energy/tech in the long term. Only chance I see of them getting back to Russian energy is if Russia gets toppled by a democratic regime that wants to be westernized. I see this as very unlikely in the next 2 years.
- throwaway29812 4y agoEurope already announced they weren't buying Russian oil, and Russia already announced they weren't going to sell it. The pipeline being functional, or no, seems inconsequential. The attack can serve propaganda purposes, however.