Energy Crisis in Europe - thread

Discussion in 'Politics' started by TreeFrogTrader, Aug 29, 2022.

  1. #41     Sep 26, 2022
  2. #42     Sep 27, 2022
  3. elderado

    elderado

    Imma gonna leave this right here.

     
    #43     Sep 27, 2022

  4. There we have it.

    I wonder how he explains away the massive release of methane gas that is resulting from this fiasco. How green is that?
     
    #44     Sep 27, 2022
  5. Pretty good news, all things considered.

    Baltic Natural Gas Pipeline Opens, Reducing Europe’s Dependence On Russia

    https://oilprice.com/Latest-Energy-...ns-Reducing-Europes-Dependence-On-Russia.html

    The Baltic Pipe natural gas pipeline from Norway to Poland via Denmark and the Baltic Sea was inaugurated on Tuesday by the leaders of the three countries, who hailed the new gas link as a crucial move to reduce Europe’s dependence on Russian gas.

    The Baltic Pipe project, running from the Norwegian sector of the North Sea, crossing Denmark from west to east, and landing in Poland via the Baltic Sea, will bring gas from Norway – a staunch ally of the EU and Western Europe’s largest oil and gas producer – to Poland, which has for years sought to wean itself off Russian energy.

    Poland has been warning for years that Russian pipelines to Europe are undermining EU energy security and would be used for blackmail. Poland was one of the biggest opponents of the Nord Stream 2 project for another gas pipeline from Russia to Germany. Nord Stream 2 didn’t see the light of day after Germany axed the certification process after Russia invaded Ukraine. Russia, for its part, shut down Nord Stream 1 indefinitely early this month, claiming an inability to repair gas turbines because of the Western sanctions.


    The Baltic Pipe will be operational with partial capacity from October 1 and could accelerate full-capacity commissioning to the end of November instead of January 1, 2023, as planned, the Danish national transmission system operator Energinet said this weekend.

    During the opening ceremony for the Baltic Pipe on Tuesday, Polish Prime Minister Mateusz Morawiecki said: “The era of Russian domination in the field of gas is coming to an end, the era that was marked by blackmail, threats and extortion.”
     
    Last edited: Sep 28, 2022
    #45     Sep 28, 2022
  6. gwb-trading

    gwb-trading

     
    #46     Sep 28, 2022
    UsualName likes this.
  7. In regard to the Nordstream 2 thing, perhaps a knowledgeable one here can fill me in on something that I do not understand yet.

    I don't have an opinion on whether the west did it or not, but let's say they did. What do they get out of it? If the goal is to stop Russia from not getting revenue from it, isn't that accomplished by just not buying it? Or is sabotaging it the only way that guarantees that Germany will not cave or something?

    And if Russia does not want Germany and others to get gas from the pipeline, they can just stop sending gas through the pipeline.

    I don't understand what is achieved by sabotaging the pipeline. If they stop buying the gas wouldn't the pipeline just sit there useless as tits on a nun?

    What is the factor that I am not looking at?
     
    #47     Sep 28, 2022
    UsualName likes this.
  8. UsualName

    UsualName

    None of it makes any sense. It doesn’t benefit anyone to end those pipelines. But if anyone is an irrational actor it’s Putin. He likes to use ambiguous provocations as a chaos agent and look for opportunities in the fallout and take any advantage. It’s sort of his MO for like3 decades now.

    It could be he thinks building a new pipeline might give him leverage to expedite negotiations on ceasing hostilities too. But he could be trying to set the table for a lot of things. I still think setting off a nuke in the ocean off of the coast of Ireland is on the table for him.
     
    #48     Sep 28, 2022
  9. gwb-trading

    gwb-trading

     
    #49     Sep 28, 2022
    TreeFrogTrader likes this.
  10. gwb-trading

    gwb-trading

    #50     Sep 28, 2022