Biden threatens Putin " If . . . . no longer a Nord Stream 2 . . bring end to it"

[bobo88 + 58]

9 hours ago, surrept33 said:

wasn't that long ago that the (massive) ng fields were discovered near the black sea

see this video starting at the linked time

https://youtu.be/If61baWF4GE?t=752

 

Quote

 

surrept good find.  Is it all about the natural gas ?

Your NG video

https://youtu.be/If61baWF4GE?t=752

 

Plus the water for CRIMEA ?

https://m.youtube.com/watch?v=nnBL69GSnMg

Water Video #2

https://m.youtube.com/watch?v=Aqq8clIceys

 

 

Edited February 27, 2022 by bobo88

[notsonice + 1,255]

20 hours ago, Boat said:

So why are Ukrainian nat gas fields not developed years ago. Seems they have iron ore and missiles launched other natural resources as well. 

Ukraine has been developing them

....

Ukraine stopped buying gas from Russia in 2015 due to the Russian presence in eastern Ukraine.^[4] In disputes Russia has stopped gas delivery in 2006 and 2008. In 2009 80% of the European Union gas from Russia was delivered via Ukraine.

The largest domestic gas producer is UkrGasVydobuvannya, a subsidiary of the state-owned company Naftogaz. Private gas production companies in Ukraine are DTEK Oil&Gas, Ukrnaftoburinnya, Burisma, Smart Energy, Poltava Petroleum Company, Geo Alliance Group, and KUB-GAS.^[5]

In 2019, Ukraine produced 20.7 billion cubic meters (bcm) of natural gas, while its annual domestic demand was 26 bcm. To satisfy domestic demand, Ukraine relies on gas imports, which totals approximately one third of its domestic demand.^[6] To meet domestic demand, Ukraine plans to increase domestic natural gas output to 27 bcm. According to a report issued by the OECD, over 70% of the domestic gas production is covered by the Naftogaz subsidiary UkrGasVydobuvannya.^[7] In winter demand can reach 150 mcm per day.^[8]

 

 

^......

Shale gas[edit]

Ukraine has Europe's third-largest shale gas reserves at 1.2 trillion cubic meters (tcm).^[20] There are two potentially large shale gas fields.^[20] The Yuzivska gas field located in Donetsk Oblast (province) and Kharkiv Oblast; and the Olesska field in Lviv Oblast and Ivano-Frankivsk Oblast.^[20] Ukraine signed a shale gas 50-year production sharing agreement with Royal Dutch Shell on 25 January 2013 involving the Yuzivska gas field.^[3][25] The $10 billion deal was the largest foreign direct investment ever for Ukraine.^[25] Full shale gas production depends on successful results from 15 test wells.^[25] Ukraine expects commercial shale gas extraction in 2017.^{[34][nb 7]} On 13 September 2013 Ukrainian Prime Minister Mykola Azarov stated that the (containing all expenditures) price of shale gas will be $120–130 per 1,000 cubic meters.^[35]

By 2030 a production of 6-11 bcm of shale gas a year is wanted by the Ukrainian Government plans.^[3]

[Boat + 1,324]

16 hours ago, surrept33 said:

wasn't that long ago that the (massive) ng fields were discovered near the black sea:

 

see this video starting at the linked time

https://youtu.be/If61baWF4GE?t=752

 

Thanks for the history lesson. The Russian interest in the Ukraine makes much more sense now. It’s all about the gas. I didn’t realize just how much gas the Ukraine has.