NordStream2

[nsdp + 449]

23 hours ago, dukeNukem said:

Have you seen Henry Hub gas prices? If you have 3x LNG available, price will be significantly higher. For both US customers and European customers... Australia and New Guinea dont have enough gas for Europe...Australia dont even have enough gas for local and international clients.... Australian government trying to put obligations onto gas companies to reserve certain supply to local market. amended 110_'s

The XX boys are trying to hang another bird around the natives neck.   As to not enough for the east coast , it is a matter of each trying to force the other to pay for items not yet completed. They have been doing this dance for about 5 years.  I don't see any restatement of the 8 million tons of LNG per year on any 10-K or 10-Q's. If what you post is correct then someone needs to file a couple of amended 10-K's.  prision bunks are hard to sleep on . Ask Mr. Skilling.

[Starschy + 211]

Do we view any LNG deliveries to Europe? Of course not. LNG can not compete with Pipelines. LNG is Ok for deliveries to Barbados, Cayman, Fiji. It took over 15 deliveries and 18 Months to get Poland 7.5 Bio m3 for a Year.

Therefore Nordstream2 is highly relevant for Europe. All US interference will only increase Gazproms Profit Margin.

[Andrei Moutchkine + 828]

On 8/18/2021 at 6:06 AM, ronwagn said:

Will Deutschland follow through on the promise to Biden that they will fully develop LNG import facilities to help themselves and Europe to not be fully dependent on Russia?

The European LNG terminals are seeing 30% occupancy rate as is, already. If you were to really send some LNG to Europe (which I am not noticing right now), the best place to build them would be on the Atlantic coast of Spain or Portugal, not Baltic Germany. The Baltic terminals are destined to be served by Russian LNG, too. Because, distance?

[Andrei Moutchkine + 828]

On 9/18/2021 at 6:00 AM, turbguy said:

If Merkel has lived and experienced East Germany, why would she EVER want to return to anything like that type of society??

https://en.wikipedia.org/wiki/Ostalgie

[turbguy + 1,538]

1 hour ago, Andrei Moutchkine said:

https://en.wikipedia.org/wiki/Ostalgie

OK, nostalgia for worse times.

That makes sense.

[Andrei Moutchkine + 828]

2 minutes ago, turbguy said:

OK, nostalgia for worse times.

That makes sense.

Dunno. I grew up in USSR myself and it was quite all right.

[turbguy + 1,538]

1 minute ago, Andrei Moutchkine said:

Dunno. I grew up in USSR myself and it was quite all right.

I'm sure that it was.

[ronwagn + 6,290]

1 hour ago, Andrei Moutchkine said:

The European LNG terminals are seeing 30% occupancy rate as is, already. If you were to really send some LNG to Europe (which I am not noticing right now), the best place to build them would be on the Atlantic coast of Spain or Portugal, not Baltic Germany. The Baltic terminals are destined to be served by Russian LNG, too. Because, distance?

Do you think that China has first call on Russian LNG? Didn't they help Russia build the pipelines that go to them? We are probably selling to the highest bidder like everyone else. Europe failed to develop their own natural gas assets, which were plentiful. Russia is playing for the best prices they can get. They have the advantage given to them. 

Europe will be served by anyone that can sell to them. LNG will help keep the price of piped gas down as a secondary source. Europe did this to themselves. Their Greenies are the worst in the world. Just look at Deutschland today. 

[RichieRich216 + 454]

On 9/22/2021 at 7:38 PM, Tomasz said:

In the context of NORD STREAM II, we need to type in Google  "Mitteleuropa as the final end goal of Germany for starting both World War I and World War II" And everything about the topic becomes clear.

PS In order to be better informed apart from Google use also Duck Duck Go or YANDEX (russian net platform)

 

Current gas situation:

Current gas situation:

I find it some what ironic that the EU and the US state that “the Russians may be trying to squeeze the continent even after never ending story that Europa really doesnt need russian gas anymore.

There was talk for years that Russia sends way too much gas to Europe. Now its said it sells way too little despite selling something like only 2 % less than in record breaking 2018.

Isn’t this strategy made in the “capitalist” way? Didn’t the electrical companies “squeeze” Texans during last winters ice storm? Spot market pricing for electricity?

The “Russians” have “learned” the Western ways. Let's hope Russians learned also not to oversqueeze.

Better hurry up and certify Nordstream 2 then.

And if someone wants even more gas, more long-term contracts must be concluded that guarantee costly and long-term investments. This, in my opinion, is what this report says.

https://www.oxfordenergy.org/publications/big-bounce-russian-gas-amid-market-tightness/

 

 

 

Stated like a true Socialist!

[ronwagn + 6,290]

On 9/26/2021 at 8:02 PM, Tomasz said:

In the appendix below everyone can decide  whether it is a) Gazprom's blackmail or b) structural gas shortage around the world including c) speculation on the gas market which exploded to absurd proportions.

Once more

Appendix 2021 versus 2020

Far abroad meaning China?

[nsdp + 449]

5 hours ago, ronwagn said:

 

I believe if you look at LLoyd's register we have seen a record tonnage of shipping including LNG tankers go to the breakers in Bangladesh and India over the last 18 months. .  COVID seems to have disrupted the logistic chain and ship owners would not wait for it to clear. GAZprom is a beneficiary of timing not planning.https://maritime-executive.com/article/demolition-of-product-tankers-on-pace-to-break-11-year-record

Demolition of Product Tankers on Pace to Break 11-Year Record

Edited September 30, 2021 by nsdp
broken link

[Starschy + 211]

17 hours ago, ronwagn said:

 

Europe will be served by anyone that can sell to them. LNG will help keep the price of piped gas down as a secondary source. Europe did this to themselves.

Thats not the case. Nigeria, Saudia Arabia deliver very small quantities. Preferred supplier are Russia, Kasachstan and Norway. LNG is waste of time. Only Poland and the Baltics use  that. All others prefer Pipeline Gas which is faster available in hours not in days or weeks.

[Andrei Moutchkine + 828]

17 hours ago, ronwagn said:

Do you think that China has first call on Russian LNG? Didn't they help Russia build the pipelines that go to them? We are probably selling to the highest bidder like everyone else. Europe failed to develop their own natural gas assets, which were plentiful. Russia is playing for the best prices they can get. They have the advantage given to them. 

Europe will be served by anyone that can sell to them. LNG will help keep the price of piped gas down as a secondary source. Europe did this to themselves. Their Greenies are the worst in the world. Just look at Deutschland today. 

OK, Russian Yamal LNG. Remember, Russian LNG in the Far East is a whole continent away. Actually, there is no physical interconnection between the West Siberian cluster of pipelines serving Europe and Far Eastern ones serving China through Russia itself, though they are working on this now with some priority, I reckon. The plan is to serve China via pipelines, with Far Eastern LNG production targeting Japan, Korea and the rest of Asia Pacific. (A murky issue due to bartering arrangements with Qatar)

[Andrei Moutchkine + 828]

16 hours ago, ronwagn said:

Far abroad meaning China?

"Far abroad" in Russian political parlance means countries which were never a part of USSR proper. Those be "near abroad" instead.

[ronwagn + 6,290]

2 hours ago, Starschy said:

Thats not the case. Nigeria, Saudia Arabia deliver very small quantities. Preferred supplier are Russia, Kasachstan and Norway. LNG is waste of time. Only Poland and the Baltics use  that. All others prefer Pipeline Gas which is faster available in hours not in days or weeks.

There is plenty of infrastructure in Europe for LNG so it is obviously not a "waste of time." 

Here are some facts:

https://www.gie.eu/download/2018/GIE_Brochure_The_Benefits_and_Role_of_LNG_in_Europe_January2018.pdf

LNG is affordable even though not as low in price as piped gas from Russia. I predict that Russia will charge high prices to Europe, but low enough to fend off LNG as much as needed. In other words " as much as the traffic will bear." Europe will have to arrange other pipeline sources from the Mediterranean to gain the competitive prices. 

[Starschy + 211]

China get the large volume from Russia by Pipeline and secondary by LNG especially from Rosneft as they have a LNG Fleet.

[Starschy + 211]

There are about 30 LNG Terminals in Europe 30% are old and outdated or with small Volumes. You find ones till back 1971.

Below 5 Bio m3 a year. When time is on the essence Pipeline Gas works in hours not weeks.

[Starschy + 211]

On 9/30/2021 at 6:01 PM, Andrei Moutchkine said:

OK, Russian Yamal LNG. Remember, Russian LNG in the Far East is a whole continent away. 

Not true Novatek has 2 LNG Trains for smaller volumes and their LNG Project outside Murmansk  is in full swing starting 2022/2023.

And one of 15 ordered LNG Tanker which is in Service for quite a while.

Edited October 1, 2021 by Starschy

[Andrei Moutchkine + 828]

Just now, Starschy said:

Not true Novatek has 2 LNG Train for smaller volumes and their LNG Project outside Murmansk  is in full swing starting 2022/2023.

This is even further West than Yamal and thus even better positioned to serve the Baltic region.

[notsonice + 1,255]

On 9/30/2021 at 11:50 AM, ronwagn said:

There is plenty of infrastructure in Europe for LNG so it is obviously not a "waste of time." 

Here are some facts:

https://www.gie.eu/download/2018/GIE_Brochure_The_Benefits_and_Role_of_LNG_in_Europe_January2018.pdf

LNG is affordable even though not as low in price as piped gas from Russia. I predict that Russia will charge high prices to Europe, but low enough to fend off LNG as much as needed. In other words " as much as the traffic will bear." Europe will have to arrange other pipeline sources from the Mediterranean to gain the competitive prices. 

LNG is affordable even though not as low in price as piped gas from Russia....affordable??? when piped gas is always less than half the price of LNG ......... one will always take piped gas and never call LNG affordable.   LNG is a waste of time for Germany on a daily basis except if Russia where to cut off the supply  today. The only reason why any one in Europe brings in LNG (or invests in its infrastructure ) is over security concerns (ie Russia uses piped gas to screw Europe which has not been the case to date) . So in Germany is it cheaper to invest in renewables to decrease its dependence on Natural gas instead of investing on LNG infrastructure??? the answer is renewables. The recent rise in gas prices around the world make the case for renewables everywhere on an economic basis (unlike the past where renewables were not economically feasible). The long term solution in Germany is to become energy independent. Russia can up the price , they will end up in the long run seeing their market in Europe disappearing.

[Chuko + 4]

1 hour ago, notsonice said:

LNG is affordable even though not as low in price as piped gas from Russia....affordable??? when piped gas is always less than half the price of LNG ......... one will always take piped gas and never call LNG affordable.   LNG is a waste of time for Germany on a daily basis except if Russia where to cut off the supply  today. The only reason why any one in Europe brings in LNG (or invests in its infrastructure ) is over security concerns (ie Russia uses piped gas to screw Europe which has not been the case to date) . So in Germany is it cheaper to invest in renewables to decrease its dependence on Natural gas instead of investing on LNG infrastructure??? the answer is renewables. The recent rise in gas prices around the world make the case for renewables everywhere on an economic basis (unlike the past where renewables were not economically feasible). The long term solution in Germany is to become energy independent. Russia can up the price , they will end up in the long run seeing their market in Europe disappearing.

The more renewables one builds the more gas is needed for peeker gas power plants. At least until someone demonstrates a realistic, cheap, scalable power accumulation method.

[Jay McKinsey + 1,490]

4 minutes ago, Chuko said:

The more renewables one builds the more gas is needed for peeker gas power plants. At least until someone demonstrates a realistic, cheap, scalable power accumulation method.

You mean battery storage. Done.

[ronwagn + 6,290]

1 hour ago, notsonice said:

LNG is affordable even though not as low in price as piped gas from Russia....affordable??? when piped gas is always less than half the price of LNG ......... one will always take piped gas and never call LNG affordable.   LNG is a waste of time for Germany on a daily basis except if Russia where to cut off the supply  today. The only reason why any one in Europe brings in LNG (or invests in its infrastructure ) is over security concerns (ie Russia uses piped gas to screw Europe which has not been the case to date) . So in Germany is it cheaper to invest in renewables to decrease its dependence on Natural gas instead of investing on LNG infrastructure??? the answer is renewables. The recent rise in gas prices around the world make the case for renewables everywhere on an economic basis (unlike the past where renewables were not economically feasible). The long term solution in Germany is to become energy independent. Russia can up the price , they will end up in the long run seeing their market in Europe disappearing.

Talk is cheap. I want to see real results from renewables. Ones that do not cause electricity prices to skyrocket and harm consumers and economies. Fossil fuels are needed. Currently Europe is using mainly coal. More Russian gas is fine as long as Russia is complied with. It gives them a lot of bargaining power whenever they want to dominate small countries in mittleeuropa. 

It will take TIME do get enough renewables in place. I am sure it will be done eventually but currently there are too many naive voters out there falling for green dreams that are far away. That also trust the Russian Bear while not concerned that they flare their gas, have NO renewables, and worked with their cronies to stop development of natural gas in Western Europe. 

Results are what counts, not B.S. 

[Starschy + 211]

An overlooked issue is that those Countries which participated at Turkstream Russia Turkey and further to Hungary at least maybe "Austria". Those countries ordered large Quantities.

Turkey got around 140% meaning close to 50 Bio m3 instead of 35 Bio m3. Romania got 300% more. Serbia above 120%. Those are Volumes for Storage and starting 1st October 21 with deliveries to Hungary. You can call that an Initial Volume. And those are "Longterm Gazprom Clients". Hungary with a 15 Year Contract. UK is not a longterm Gazprom Client and therefore in trouble.

[Starschy + 211]

1 minute ago, ronwagn said:

 

It will take TIME do get enough renewables in place. I am sure it will be done eventually but currently there are too many naive voters out there falling for green dreams that are far away. That also trust the Russian Bear while not concerned that they flare their gas, have NO renewables, and worked with their cronies to stop development of natural gas in Western Europe. 

Results are what counts, not B.S. 

The Key issue is real-time. At Noon there is a spike if Wind is down you have to produce Power and that works by Nuclear Power, Water or Coal.