NordStream2

[Andrei Moutchkine + 828]

1 hour ago, Starschy said:

Ukraine Carbon free. Do you have a qualified Source? I have a list with above 100 Thermal Units meaning Coal Power Plants.

As example  Burshtyn TES holds 12 Units With 200 MW. Therefore is important to understand, that a simple Powerplant consists of multiple Units.

Dude, now I have to use Wiki for you, too? Here

https://en.wikipedia.org/wiki/Energy_in_Ukraine#Electricity

This one is a bit different, got 55% nuke and 5% hydro, for about 60% total. (My original hunch was 70%) Still way, way ahead of EU average, don't you think?

[dukeNukem + 80]

18 hours ago, Andrei Moutchkine said:

Nominal USD GDP is a meaningless metric for Russia. Russia also poised to have by far the cheapest electricity cost for the foreseeable future. How much of it can you really handle? It is for sale.

True. Compare nominal GDP is like compare apple and orange. 100 bucks in California and 100 bucks in Russia(Germany, China, e.t.c) are different 100 bucks. If you go to dantist in california, let say, and pay 1000$ the same service you will get in Russia for 150-200$.

 

 

 

 

[dukeNukem + 80]

[Andrei Moutchkine + 828]

EU Advocate General publishes an opinion outlining how North Stream 2 should be able to challenge the Gas Directive, after all

https://curia.europa.eu/jcms/upload/docs/application/pdf/2021-10/cp210179en.pdf

[Boat + 1,324]

You just can’t trust Putin. He is squeezing European natural gas supply over Nord Stream 2. I say just cut Russia from international banking and do not let the tail wag the dog. These rogue nations like Russia and China need to be taught a lesson. Work with the world or work outside it. 

[Starschy + 211]

2 hours ago, Boat said:

You just can’t trust Putin. He is squeezing European natural gas supply over Nord Stream 2. I say just cut Russia from international banking and do not let the tail wag the dog. These rogue nations like Russia and China need to be taught a lesson. Work with the world or work outside it. 

You have never been in Russia. Mr. Putin is one of the most reliable Politicians on this Planet. He's fare above all US Politicans and Presidents since 2005.

[surrept33 + 609]

32 minutes ago, Starschy said:

You have never been in Russia. Mr. Putin is one of the most reliable Politicians on this Planet. He's fare above all US Politicans and Presidents since 2005.

He is "reliable" because he's an authoritarian who controls the entire Russian media. He replaced one set of oligarchs with his own set of oligarchs. 

Democracy, while imperfect, is something that sadly been completely subverted in Russia.

Edited October 21, 2021 by surrept33

[Boat + 1,324]

1 hour ago, Starschy said:

You have never been in Russia. Mr. Putin is one of the most reliable Politicians on this Planet. He's fare above all US Politicans and Presidents since 2005.

Your just lucky the Allied troops saved Russia from Hitler or Putin wouldn’t have been around to screw over Europe. Canada has a bigger economy than Russia with about 1/5 the population. Seems like a better destination. Seems Putin struggles helping his people. You might try freedom, it pays better.

[Andrei Moutchkine + 828]

On 10/21/2021 at 6:50 PM, Boat said:

Your just lucky the Allied troops saved Russia from Hitler or Putin wouldn’t have been around to screw over Europe. Canada has a bigger economy than Russia with about 1/5 the population. Seems like a better destination. Seems Putin struggles helping his people. You might try freedom, it pays better.

It was Russia who saved the Allies from Hitler. PPP adjusted, is Russia 5th or 6th economy in the world, competing with Germany.

Edited November 20, 2021 by Andrei Moutchkine

[Boat + 1,324]

8 hours ago, Andrei Moutchkine said:

It was Russia who save the Allies from Hitler. PPP adjusted, is Russia 5th or 6th economy in the world, competing with Germany.

Apparently your version of WWII doesn’t include D-Day. You seem like a guy that needs pictures to believe what your seeing. The Russian economy is smaller than Canada,Australia, Texas and California. You seem to inflate the image of Russia for whatever reason.

[Boat + 1,324]

On 7/24/2021 at 8:53 PM, frankfurter said:

well, well, the nordstream is 'resolved'. A series of coincidences?  The Bidet and Putin hold a summit. Within weeks, opposition to the Nordstream2 is removed. Ukronazis are still fuming, as less gas will now flow thru the Ukronazi mafia's sticky fingers. But wait, looking at the directors of the Ukronazi gas company, we see another director sharing The Bidet family name. Of course all this is merely coincidental, right?

So your saying Biden son will get the shaft in Ukraine by Biden. Yea that’s quite the political move. The Ukraine already has less less gas going through its pipes. That’s what created the shortage. So more pipelines with no guarantee of more gas  is the future of Europe. Brilliant. Putin get a kickback for that pipeline?

[Andrei Moutchkine + 828]

1 hour ago, Boat said:

Apparently your version of WWII doesn’t include D-Day. You seem like a guy that needs pictures to believe what your seeing. The Russian economy is smaller than Canada,Australia, Texas and California. You seem to inflate the image of Russia for whatever reason.

D-Day was a very late summer 1944, less than a year before it was over for Germany. Where were you for the first four years?

You are looking at the economic stats in nominal USD, which are meaningless for countries which have their own currencies. Specially, RUB:USD FX halved in 2014. Which is not exactly the same as Russian economy as a whole halving. (which you may actually believe without understanding PPP)

Picture for you to understand

Edited October 26, 2021 by Andrei Moutchkine

[Boat + 1,324]

You should be able to post 2020 data. Use non Russian internet. 

[Andrei Moutchkine + 828]

6 minutes ago, Boat said:

You should be able to post 2020 data. Use non Russian internet. 

The last year for which there is official PPP valuation appears to be 2019

https://knoema.com/tlcnrcg/gdp-by-country-world-largest-economies-2019

The source of the official PPP valuation is no "Russian Internet", but the IMF. The above page got both USD nominal and PPP adjusted plotted side-by-side. If you are in a rush, the Economist "burger index" has never deviated from PPP by more than 15%

[Andrei Moutchkine + 828]

On 10/21/2021 at 2:53 PM, Boat said:

You just can’t trust Putin. He is squeezing European natural gas supply over Nord Stream 2. I say just cut Russia from international banking and do not let the tail wag the dog. These rogue nations like Russia and China need to be taught a lesson. Work with the world or work outside it. 

Russia is already largely cut out. (May only finance for no longer than 30 day terms) You are out of "sanctions", pal. Nothing works, or ends up hurting yourself more. Possibly because there is only one truly rogue nation left - YOU.

[Boat + 1,324]

13 minutes ago, Andrei Moutchkine said:

Russia is already largely cut out. (May only finance for no longer than 30 day terms) You are out of "sanctions", pal. Nothing works, or ends up hurting yourself more. Possibly because there is only one truly rogue nation left - YOU.

In US business you want reliable partners to do business with. You want to be able to trust your suppliers. Putin runs his country like a mafia boss that will use extortion to advance profits. That’s why there are courts, to establish some ditches on a slippery road. I wish the best for all people including Russians. It’s leaders who make a mess of things. 
I understand why a Putin would want alternative gas pipelines besides the Ukraine. Hell, there at war. I’m actually surprised they weren’t blown up years ago.

That would his case it court. However a smart politician might have worked out all these problems before building. Pipelines are “ dead man walking” stranded assets in a couple decades anyhow. 

Edited October 26, 2021 by Boat

[Boat + 1,324]

PS it wasn’t Trump or Biden that sanctioned Russia. It was the US Congress for messing around in our elections. You know, mafia type stuff. Trump advised against it but unlike Russia one man is not in control.

https://home.treasury.gov/policy-issues/financial-sanctions/sanctions-programs-and-country-information/russian-harmful-foreign-activities-sanctions

I don’t know if you can follow that link but it has all the dirt and sanctions.

Edited October 26, 2021 by Boat

[Andrei Moutchkine + 828]

3 minutes ago, Boat said:

In US business you want reliable partners to do business with. You want to be able to trust your suppliers. Putin runs his country like a mafia boss that will use extortion to advance profits. That’s why there are courts, to establish some ditches on a slippery road. I wish the best for all people including Russians. It’s leaders who make a mess of things. 
I understand why a Putin would want alternative gas pipelines besides the Ukraine. Hell, there at war. I’m actually surprised they weren’t blown up years ago.

I don't believe this. OK, whatever happened to American "molecules of freedom" Didn't you promise to bail Europe out from big bad Putin? Whatever happened to that promise? Where did all the American LNG go? You are still welcome to bail out Europe anytime.

Gazprom has been the most reliable partner throughout the Cold War. It has been fulfilling all of its existing contracts now, including the transit contract with Ukraine. The only thing that's new is that it hasn't reserved any spot transit contracts over the volume it is minimally obligated to. It has been precisely the courts (the Stokholm arbitrage, to be precise) which forced Gazprom to switch to spot market prices. They also paid $1.5 bln to Poland for allegedly overcharging. Like they say, you reap what you saw.

The Ukrainian pipelines blew up multiple times already and actually not in the areas where there is "war". They haven't had any maintenance in the last 30 years, too.

[Andrei Moutchkine + 828]

7 minutes ago, Boat said:

PS it wasn’t Trump or Biden that sanctioned Russia. It was the US Congress for messing around in our elections. You know, mafia type stuff. Trump advised against it but unlike Russia one man is not in control.

https://home.treasury.gov/policy-issues/financial-sanctions/sanctions-programs-and-country-information/russian-harmful-foreign-activities-sanctions

I don’t know if you can follow that link but it has all the dirt and sanctions.

Except that

a) It never actually happened. You do know that Russiagate was a total scam by now, right?

b) You are the ones who constantly meddles in the Russian politics instead.

[Boat + 1,324]

5 minutes ago, Andrei Moutchkine said:

I don't believe this. OK, whatever happened to American "molecules of freedom" Didn't you promise to bail Europe out from big bad Putin? Whatever happened to that promise? Where did all the American LNG go? You are still welcome to bail out Europe anytime.

Gazprom has been the most reliable partner throughout the Cold War. It has been fulfilling all of its existing contracts now, including the transit contract with Ukraine. The only thing that's new is that it hasn't reserved any spot transit contracts over the volume it is minimally obligated to. It has been precisely the courts (the Stokholm arbitrage, to be precise) which forced Gazprom to switch to spot market prices. They also paid $1.5 bln to Poland for allegedly overcharging. Like they say, you reap what you saw.

The Ukrainian pipelines blew up multiple times already and actually not in the areas where there is "war". They haven't had any maintenance in the last 30 years, too.

All I can comment is seeing a couple European discussions that say those spot price that Putin won’t sell is 17% of demand compared to years past and there is plenty of gas capacity to deliver much more than that in existing pipelines. I also think you know that and trying to pull a Putin on me. 🤣 
The US gov allowed ports for gas to be built. So yea, our frackers will love the European market. Demand for Europe just happened over the last few months. It used to be supplied by Russia. Buy hey, Texas frackers will search the globe with the best tech and eventually take that market.

[Boat + 1,324]

Google gas exports from the US to Mexico. Crazy growth. It’s not like prices were high enough to care about Europe. That’s changed. Putin is causing this temporary shortfall but that shortage will be filled midterm to long term. Putin wins short term.

[Boat + 1,324]

Oil more than gas has been the Putin/OPEC mafia type market control. The US came out of it energy independent. As with many things you can’t stop US tech and the engineers. Politics can slow them and retard their impact but they drive the fast changing world. 

[Andrei Moutchkine + 828]

4 hours ago, Boat said:

All I can comment is seeing a couple European discussions that say those spot price that Putin won’t sell is 17% of demand compared to years past and there is plenty of gas capacity to deliver much more than that in existing pipelines. I also think you know that and trying to pull a Putin on me. 🤣 
The US gov allowed ports for gas to be built. So yea, our frackers will love the European market. Demand for Europe just happened over the last few months. It used to be supplied by Russia. Buy hey, Texas frackers will search the globe with the best tech and eventually take that market.

Gazprom already sold old-time highest amount of gas this year. There are under no obligation whatsoever to open new position in Ukrainian pipeline, which the Stockholm arbitrage (again) made more expensive for them, the more they pump (like an inverse of wholesale discount)

NS2 is built and ready to go. All that is needed to do is to certify it.

Texas frackers don't have the best tech. The best LNG tech is in the Russian Arctic. Because LNG happens to be a cryogenic liquid, which is way cheaper to liquefy beyond the Polar Circle that in a Texan desert? Sorry, cannot legislate against the laws of nature. You only get to ship to Spanish and Portuguese Atlantic coast. The Baltic stays Russian turf. If they don't want Gazprom pipelines, they'll get Novatek LNG. More expensive, but still cheaper than Texan LNG. Because, distance?

[Andrei Moutchkine + 828]

4 hours ago, Boat said:

Google gas exports from the US to Mexico. Crazy growth. It’s not like prices were high enough to care about Europe. That’s changed. Putin is causing this temporary shortfall but that shortage will be filled midterm to long term. Putin wins short term.

Google oil exports from Russia to US. Should be at #2 position. You depend on Russian heavy crude now that you stupidly "sanctioned" Venezuela and Iran, the most useful sources.

[Andrei Moutchkine + 828]

4 hours ago, Boat said:

Oil more than gas has been the Putin/OPEC mafia type market control. The US came out of it energy independent. As with many things you can’t stop US tech and the engineers. Politics can slow them and retard their impact but they drive the fast changing world. 

More like US financiers. Fracking wells give out like 3/4 of what they have in the first year of existence, causing you to always drill more. Which is expensive. US frackers are loaded with dept. This is why supermajors like Exxon don't do any fracking. They do it the old fashioned way, by ripping off banana republics like Guyana (arguably, Russia, too

Russia got an IMF "budget rule" cutting in at something like $42/brl This means, the government confiscates all profits above this level. Yet, the Russian oil companies still remain profitable at that level, which makes them world's best. Very few US frackers are. The equivalent Saudi "budget rule" is something like $76/brl.