tag:blogger.com,1999:blog-32841798.post4213699016451724875..comments2024-03-28T22:45:51.014+00:00Comments on Capitalists@Work: Mr Putin's GasCityUnslickerhttp://www.blogger.com/profile/15929544047783163175noreply@blogger.comBlogger10125tag:blogger.com,1999:blog-32841798.post-22488217513523072202022-02-26T17:09:41.025+00:002022-02-26T17:09:41.025+00:00Frau Merkel had been a Young Communist, remember, ...Frau Merkel had been a Young Communist, remember, and speaks fluent Russian.<br /><br />On the other hand so many in the old West Germany enjoyed Moscow gold that she might not matter much.deariemenoreply@blogger.comtag:blogger.com,1999:blog-32841798.post-61093148382381402182022-02-25T17:24:49.719+00:002022-02-25T17:24:49.719+00:00Yup, "curiously, just today, westward flows o...Yup, "<i>curiously, just today, westward flows of Russian gas are the highest they've been for several days</i>"<br /><br />The words "mealy" "mouth" and "Germany" will be featuring in many a sentence in the days to come Nick Drewhttps://www.blogger.com/profile/13670594203660051701noreply@blogger.comtag:blogger.com,1999:blog-32841798.post-10128492624536490562022-02-25T17:00:11.104+00:002022-02-25T17:00:11.104+00:00You wouldn't have believed it. Apparently Gazp...You wouldn't have believed it. Apparently Gazprom gas flows through Ukraine increased yesterday by more than a third. European suppliers with options under Gazprom long-term contracts had been holding off using the options hoping for price falls in a warmer March. The invasion has changed their minds about March prices, and they are trying to fill their boots (storage) quickly with gas now.<br /><br />According to Telegraph/Oxford Institute for Energy Studies:<br /><br />https://www.telegraph.co.uk/business/2022/02/25/flow-russian-gas-ukraine-soars-despite-invasion/<br /><br />"Flow of Russian gas through Ukraine soars despite invasion"<br />rwendlandhttps://www.blogger.com/profile/07861901317813829419noreply@blogger.comtag:blogger.com,1999:blog-32841798.post-37894771831459082412022-02-25T12:40:28.102+00:002022-02-25T12:40:28.102+00:00As long as he doesn't cross the Rhine, Don, ma...As long as he doesn't cross the Rhine, Don, maybe we could live with it.deariemenoreply@blogger.comtag:blogger.com,1999:blog-32841798.post-78372081851652884482022-02-25T09:48:19.727+00:002022-02-25T09:48:19.727+00:00Putin might be satisfied if he recovered the iron ...Putin might be satisfied if he recovered the iron curtain boundary as it was in 1955. But he would feel safer if he ruled the whole of the EU.<br /><br />Don CoxDon Coxhttps://www.blogger.com/profile/06339420519741253080noreply@blogger.comtag:blogger.com,1999:blog-32841798.post-430632449866357102022-02-25T07:28:33.307+00:002022-02-25T07:28:33.307+00:00I didn't think he would do it - or at least wo...I didn't think he would do it - or at least would limit himself to the separatist areas. Maybe that will be the end game after all the compromises and negotiations. But Putin almost certainly wants a bit more that the separatist areas - but hopefully not the whole of Ukraine. Much bellicose talk from the usual suspects but no one is going to do anything of any significance, the chess game is over. An opening was left and he took it.<br /><br />There is one 'bonus', clearly we have a large and expensive establishment of military and intelligence types who are of no practical use at all - except as maintainers of 'The Establishment'. This does not just apply to the UK, but to the US and the EU states. A mass sacking and cut back would save money and send a message. Too big already and failed at the job and no backup plan. Might help with the gas price.<br /><br />The interesting question is the end game. Where is Putin going to stop?jimhttps://www.blogger.com/profile/00470816959796395467noreply@blogger.comtag:blogger.com,1999:blog-32841798.post-25001282708952429702022-02-24T21:59:21.848+00:002022-02-24T21:59:21.848+00:00They are watching global LNG traders making a fort...They are watching global LNG traders making a fortune, Mr W, arbitraging the three markets (USA, EU, J/K)<br /><br />some traders having been making $10m on a single cargo, pure margin<br /><br />flexibility is the name of the game for the "net zero" future, given that wind & solar are contributing "negative flexibility" in ever-increasing amounts<br /><br />pipelines are not exactly the definition of flex, either ... (nor nukes)Nick Drewhttps://www.blogger.com/profile/13670594203660051701noreply@blogger.comtag:blogger.com,1999:blog-32841798.post-84831792438139895122022-02-24T20:58:08.648+00:002022-02-24T20:58:08.648+00:00I'm intrigued by Russia's plan, announced ...I'm intrigued by Russia's plan, announced March 2021, to build many new LNG liquefaction plants. Four plants making 70 MTA (million tons per annum) on stream from 2024 to 2027, with possibly five more giving another 140 MTA 2030 to 2035. So seems like Russia thinks the pipeline business might diminish, or that they want the flexibility of delivering Northern and Baltic sources to Asia for better prices.<br /><br />The official line is "key drivers ... are global LNG market trends, which are showing a steady increase in LNG demand."<br /><br />Do you think this is a significant mid-term move ND? Could it have been in anticipation of the backwash from the booms in Ukraine?<br /><br />https://hsfnotes.com/energy/2021/05/21/russia-announces-its-global-lng-ambitions/ rwendlandhttps://www.blogger.com/profile/07861901317813829419noreply@blogger.comtag:blogger.com,1999:blog-32841798.post-86939272733360542402022-02-24T20:53:49.822+00:002022-02-24T20:53:49.822+00:00This comment has been removed by the author.rwendlandhttps://www.blogger.com/profile/07861901317813829419noreply@blogger.comtag:blogger.com,1999:blog-32841798.post-16984536895845113572022-02-24T18:39:12.122+00:002022-02-24T18:39:12.122+00:00Just hope they take out those US Covid labs first....Just hope they take out those US Covid labs first. The rest is not our biz.James Highamhttps://www.blogger.com/profile/14525082702330365464noreply@blogger.com