2024? I’m not sure my heart will be able stand the excitement for that long. However I don’t understand why the EU would be selling gas to Ukraine. Can you expand on that? Russia will export gas to the EU via NS-2 and the EU will then sell some of it on to Ukraine via?Originally Posted by Moses
The financial sanctions announced by the UK are hardly newsworthy; they simply align the UK with longstanding US sanctions. However I’m expecting a link from the Daily Mail to be posted by goji any moment (just don’t mention the acronym RWNJ in the same breath). The next thing I want to see is further details from Moscow about Prince Andrew’s desire for war. Is that his way to rehabilitate himself and regain the military rank and titles he forfeited a couple of weeks ago?
So you think Russia will invide? Russia will allow local private military companies to sort it out. Like it does in Syria or Mali. "Vagner" will do all dirty job, while Putin will keep distance and say "there are no our regular army". Now, after recognition, "Vagner" is able to sign official contract with these 2 republics.
These Ukrainian nationalist battalions are good only against civilians and for looting. As soon as "Vagner" will take their positions on front line, there will be peace, like it is in Abkhazia now - already 14 years no one shoot, but before 2008 there was 2 wars 1992-1993 and 1998. And right now it is touristic center and sea resort.
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Officially since 2015 Ukraine counts itself in war with Russia. Unfortunately for Ukraine, Russian forgot to came to war.
Nationalists in Ukraine and Ukrainian propaganda think what it is bad to buy gas from Russia, So some "very smart top guys" made companies in EU what buy gas from Russia and sell it to Ukraine with profit - proxies for to make just one job: change label "Russian gas" to label "European gas". Biden Jr. is member of board of directors in one of Ukrainian gas companies what are involved into gas supply.
Technically Ukraine still receives gas from Russia-EU pipe, but on the paper it virtually comes from EU. Rich golden mine for some people: because Ukraine pays spot prices (these what are $800-1000 on spot) instead of direct contract prices from Russia $200-$250. And EU + IMF subsidize it.
At 2024 contract where Russia has obligation to pump gas via Ukraine to EU will be finished. After that time there will be no virtual reverse from EU (see golden mines above). Also that pipe technically can't pump gas in direction from EU to Ukraine. Do you see?
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The World has been too sluggish when it comes to getting away from using fossil fuels to begin with. Maybe this fiasco (put mildly) will help accelerate the development and production of proven energy alternatives so we can save the environment and lower our dependency on these outdated toxic fossil fuels. (Proven alternatives include, but are not limited to, Hydrogen Gas, Tidal Energy, Biomass Energy, Wind Energy, Geothermal Power, Natural Gas, Biofuels, etc., etc., etc).
Regarding this recent power-play by Russia, it's important to realize that "Energy" is it's economy. Without this resource Russia's economy would be the size of Jamaica's, and if the World reduced its dependency on fossil fuels (which accounts for the vast majority of fuel that Russia produces) we wouldn't be in this predicament right now.
Gas prices are already going up and there will undoubtedly be shortages as a result of this, and everyone is going to suffer to some degree, but there could be a silver lining in the future. If there's an accelerated global transition to using environmentally safe energy alternatives everybody wins in the long run. Well, not exactly everybody.
Time to buy an electric car and stick a windmill in your backyard.
Couple weeks ago some researchers in the UK also made a large break through in fusion power:
https://www.youtube.com/watch?v=eX9MnnunrRw
If we can manage to get fusion figured out and harnessed, all of our energy woes magically disappear. Thorium is another potential:
https://www.youtube.com/watch?v=XMuxjHLLk0E
Greta Thunberg forgot to tell you what only 20% of gas is going for "Energy". 80% is going for to manufacture fertilizers (Russia controls 40% of world export of ammonium).
Also, all oil+gas sectors in Russian economy, including internal and domestic use are only 15.2% of GDP (2020) and number is going down for many years - it was around 20% 5 years ago.
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Over dinner (at G’s) one of my friends was expounding on the televised meeting between Putin and his Security Council. His conclusion was that it was just like the scenes between Stalin and his Politburo in the film “Death of Stalin” - everyone in fear of their life if they disagreed
No quotes from the Daily Mail? How disappointing
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