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  1. #526
    Thailand Expat harrybarracuda's Avatar
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    Quote Originally Posted by bsnub View Post
    Well since at least $300 billion of Russian assets have been frozen he will not be getting those.
    "that they know about".

  2. #527
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    Firstly, it matters not what the US says- it matters what Russia does. Secondly, how them sanctions werkin' out for ya?

  3. #528
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    Why would an ex investment guy be interested in economic sanctions and their effect I wonder? Go figure.

  4. #529
    Thailand Expat harrybarracuda's Avatar
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    Quote Originally Posted by sabang View Post
    Why would an ex investment guy be interested in economic sanctions and their effect I wonder? Go figure.
    Because you're a pathetic putin brown noser, obviously.

  5. #530
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    Quote Originally Posted by harrybarracuda View Post
    Because you're a pathetic putin brown noser, obviously.
    I can see why you are angry, someone has beaten your post count on this thread.

    Don't panic a couple of hours and you'll be back on top.

  6. #531
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    Deep, 'arryboy. About as deep as you.


  7. #532
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    Quote Originally Posted by sabang View Post
    Secondly, how them sanctions werkin' out for ya?
    Any news from ME suppliers, on energy supplies to Germany, 'arry?

    IIRC you posted, some months ago, that the deal was done.

  8. #533
    Thailand Expat harrybarracuda's Avatar
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    Quote Originally Posted by Iceman123 View Post
    I can see why you are angry, someone has beaten your post count on this thread.

    Don't panic a couple of hours and you'll be back on top.
    As long as I've got drivel like this to reply to, of course.

  9. #534
    Thailand Expat harrybarracuda's Avatar
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    Quote Originally Posted by OhOh View Post
    Any news from ME suppliers, on energy supplies to Germany, 'arry?

    IIRC you posted, some months ago, that the deal was done.
    No idea hoohoo.

    But there are plenty of people selling LNG, and the chinkies and nips haven't used up their quotas by a long way, so there's actually plenty of spare.


    The Höegh Esperanza, a 300-metre long tanker converted into a Floating Storage and Regasification Unit and chartered by the German government at a mooted cost of €200,000 a day, will dock at the jetty and turn liquid back into gas at a rate of about 10 hours per tanker load.
    Roughly 80 tankers are expected to arrive at Wilhelmshaven each year, substituting half of the gas imports the German energy company Uniper used to have from Russia, or 8% of Germany’s overall gas usage before the start of the war.
    Shortly after Russian troops crossed on to Ukrainian soil in the spring, the talk was that building LNG terminals would take three to five years. Now politicians are confident the terminal and its connecting pipeline can be built in seven months, with works finishing on 21 December and gas flowing the day after.

    ‘We got too comfortable’: the race to build an LNG terminal in north Germany | Germany | The Guardian

  10. #535
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    https://newsrnd.com/business/2022-08...S1ydbQqR9.html

    Tokyo, SANA- The Japanese government announced that it resumed importing oil from Russia during the month of July.

  11. #536
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    Quote Originally Posted by Backspin View Post
    https://newsrnd.com/business/2022-08...S1ydbQqR9.html

    Tokyo, SANA- The Japanese government announced that it resumed importing oil from Russia during the month of July.
    Nice to see a headline offer you a brief crumb of comfort. lol

  12. #537
    Thailand Expat OhOh's Avatar
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    Quote Originally Posted by harrybarracuda View Post
    But there are plenty of people selling LNG
    Glad to hear, from you, that the EU countries have solved their energy supply problem. One hopes it's more factual and delivered, than the Qatar/German "signed LNG contract", you posted some months ago.

    Any confirmation to share with us, of when delivery is scheduled and what the price the LNG will be? A fixed price or the daily spot market price?

    Although the EU countries media, publicly, seem to disagree with our opinion.

    19 Aug, 2022 22:41 HomeWorld News


    France opposes Spain’s gas pipeline project – media

    Paris is reportedly skeptical the MidCat pipeline to Central Europe would help with the energy crisis.

    "A major gas pipeline project advocated by Madrid and Berlin has faced resistance from Paris, El Pais and several other Spanish news outlets reported this week, citing a letter by the French Ministry of Energy Transition.
    Spain imports natural gas from Algeria through two undersea pipelines – the Maghreb-Europe and the Medgaz.

    Dubbed the Midi-Catalonia Pipeline or MidCat, the project aimed to create a gas transit network spanning hundreds of kilometers across Spain and France and provide some 7.5 billion cubic meters of gas transit capacity.

    It was first pitched in 2015, but was canceled in 2019 by France, which was to cover a major portion of its costs and deemed it financially non-viable."


    Continues at:

    France opposes Spain’s gas pipeline project – media — RT World News

    The EU country's economies can now open up again. Their citizens can take a shower. Drive their cars to the Swiss Alps to ski, .....

    All good stuff it may appear, although:

    Quote Originally Posted by harrybarracuda View Post
    Roughly 80 tankers are expected to arrive at Wilhelmshaven each year, substituting half of the gas imports the German energy company Uniper used to have from Russia, or 8% of Germany’s overall gas usage before the start of the war.
    80 tankers worth a year, appears to equal 8% of Germany's overall gas usage.

    Any news of the required off-loading facilities being available or when they will be contructed?

    Then there are the questions of:

    The other 92% required by Germany, along with the requirements needed by the rest of the EU countries?

    Has the German parliament, and it's "green parties" signed up to burning fossil fuels again?
    Last edited by OhOh; 20-08-2022 at 03:16 PM.
    A tray full of GOLD is not worth a moment in time.

  13. #538
    Thailand Expat OhOh's Avatar
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    Black Sea Grain Initiative | Joint Coordination Centre

    Progress report, 1-15 August 2022

    "From 1 to 15 August, the JCC has authorized a total of 36 movements of vessels (21 outbound and 15 inbound) through the maritime humanitarian corridor in the Black Sea to facilitate the safe exports of grain, foodstuffs and fertilizer, including ammonia, from Ukrainian ports.

    During this period, 21 vessels have been authorized to move from the Ukrainian ports of Odesa (11), Chornomorsk (6) and Yuzhny/Pivdennyi (4) under the Initiative. Those vessels are carrying a total of 563,317 metric tons (MT) of grain and other foodstuffs."

    Amounts:

    451,481 MT of corn
    50,300 MT of sunflower meal
    41,622 MT of wheat
    11,000 MT of soya beans
    6,000 MT of sunflower oil
    2,914 MT of sunflower seed

    Destinations:

    Türkiye: 26%
    Iran: 22%
    Republic of Korea: 22%
    China: 8%
    Ireland: 6%
    Italy: 5%
    Djibouti: 4%
    Romania: 2%
    To be determined:
    5%

    Progress report, 1-15 August 2022 | United NationsOnly one African destination.

  14. #539
    Thailand Expat OhOh's Avatar
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    August 20, 20224:39 AM GMT+7Last Updated 13 hours ago

    Nord Stream 1 pipeline to shut for three days in latest fuel blow to Europe

    By Christoph Steitz

    and Thomas Escritt


    • Pipeline to halt Aug. 31-Sept. 2 for maintenance
    • Disclosure comes as gas flows are down to 20%
    • Move increases Europe, Moscow's energy standoff


    FRANKFURT/BERLIN, Aug 19 (Reuters) - Russia will halt natural gas supplies to Europe for three days at the end of the month via its main pipeline into the region, state energy giant Gazprom (GAZP.MM) said on Friday, piling pressure on the region as it seeks to refuel ahead of winter.

    The unscheduled maintenance on the Nord Stream 1 pipeline, which runs under the Baltic Sea to Germany, deepens an energy standoff between Moscow and Brussels which has already helped send inflation surging in the region and raised the risk of rationing and recession.

    Gazprom said the shutdown was because the pipeline's only remaining compressor requires maintenance. Gas flows via other pipeline routes also have fallen since Russia invaded Ukraine in February, in which Moscow calls a "special military operation."

    The move will bring further disruption particularly for Germany, which depends largely on deliveries from Moscow to power its industry. The European Union has accused Russia of using energy as a weapon. Moscow has denied the charge and has blamed sanctions for the drop in exports.

    "We are monitoring the situation closely with the Federal Network Agency," a spokesperson for Germany's economy ministry said. The Biden administration did not immediate respond to requests for comment.

    The shutdown, to run from Aug. 31-Sept. 2, follows a 10-day maintenance curtailment in July, and raised fears over whether Russia would resume supplies, which have been reduced since mid-June."

    Nord Stream 1 pipeline to shut for three days in latest fuel blow to Europe | Reuters

    Russia covering themselves, again thus:

    "Expensive pieces of machinery are insured, by respectable global institutions, like Zürich and a dozen of others.

    The requirements include fulfilling of prescribed Maintenance and NDT (Non-Destructive Testing) or NDE procedures.

    Without these being religiously followed, Especially under sanctions - the certification is in jeopardy. And the Insurer withdraws.

    So, this is not some kind of games the Russians are playing. They Follow The Rules - written into the papers before the sanctions.

    The game playing is with the other side - trying to press the refurbished RollsRoyce axial compressor. The "machinating West" wants Russians to accept the turbine unit Without Complete Documentation - technical and legal (sanctions at play)".



  15. #540
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    Russia sanctions are spurring a new Silk Road

    To avoid sanctions, countries are actively reopening moribund routes and creating greater connectivity across the Middle East and Asia.

    AUGUST 13, 2022


    When Russia invaded Ukraine, it took itself off the map of Eurasian transport corridors linking China and Europe. At the same time, it breathed new life into moribund routes that would allow goods to travel across the Eurasian landmass without traversing Russia. It also opened the door to greater Russian connectivity with the Middle East and South and Southeast Asia.

    Next month’s summit of the Shanghai Cooperation Organisation (SCO) in the Uzbek ancient Silk Road trading hub of Samarkand could provide a lynchpin for alternative routes.
    The SCO, which groups China, Russia, India, Pakistan, Kyrgyzstan, Uzbekistan, Kazakhstan, and Tajikistan, is certain to set the scene for an expansion into the Middle East as well as agreement on the construction of a crucial Central Asian railroad.

    The summit is expected to finalize Iranian SCO membership at a time when the Islamic republic stands to benefit from shifts in the geopolitics of Eurasian transportation.
    The summit will further welcome Saudi Arabia, Qatar, Egypt, Bahrain, and the Maldives as dialogue partners and Azerbaijan and Armenia as observers. The United Arab Emirates has recently also expressed interest in an association with the group.

    Kyrgyz officials believe that leaders of the Central Asian nation and China have agreed to sign an accord at the summit to build a 523-kilometre China-Kyrgyzstan-Uzbekistan railway that has been on the drawing board for 25 years. The railway would link the three countries with Turkey, Iran, and Central and Eastern Europe.

    Lack of political will coupled with logistical and technical obstacles, particularly in mountainous Kyrgyzstan, and the high cost caused delays that now appear to be perceived as less problematic because of the fallout of the Russian invasion of Ukraine.

    Uzbek President Shavkat Mirziyoyev predicted that the railway would “open new opportunities for transport corridors linking our region with markets in the Pacific Ocean area. The move will add to the widening of existing railway routes connecting East with West.”

    Uzbekistan has long asserted that the railway would offer the shortest route from China to markets in the Middle East and Europe, while China sees it as a way of evading the risk of violating US and European sanctions that continued transport through Russia could invoke.

    The new railway would feed into the rail line connecting Uzbekistan to Turkmenistan’s Turkmenbashi International Seaport on the Caspian Sea.

    From there, it can feed into the Caucasus, Turkey, and the Black Sea via the Azerbaijani port of Baku or Iran, India, the Gulf, and East Africa through the International North-South Transportation Corridor (INSTC) that makes use of the Iranian port of Anzali and potentially Chabahar.

    The Baku port agreed in July to let Turkey’s Albayrak group, which has close ties to President Recep Tayyip Erdogan, manage the facility, expand its cargo handling capacity, and build a terminal for fertilizers.
    The INSTC, a 7,200-kilometre patchwork of independently operated railroads, highways, and maritime routes, also provides a corridor northward to Kazakhstan and Russia.

    The patchwork could prove important to Kazakhstan, which has stood against the invasion of Ukraine despite its dependence on Russian food, fertilizer, petrochemical, and iron imports.

    Kazakh President Kassym-Jomart Tokayev has explored diverting oil exports to Europe from traversing Russia to flowing through Iran and Turkey.

    Adding fuel to the fire, Kazakhstan has also not shied away from seeking to turn sanctions against Russia to its advantage, including by offering an alternative to Western businesses leaving Russia.

    Earlier this year, Iran and Qatar announced regular shipping lines between the two countries as part of the INSTC. Similarly, Iran’s Ports and Maritime Organization (PMO) announced the launch of shipping lines between Chabahar and Dubai’s Jebel Ali Port.

    Chinese analysts expect that the railroad, which would start in Kashgar, will help transform the economy of Xinjiang, the Chinese troubled north-western province that is home to brutally repressed Turkic Muslims.

    Moves to bolster Central Asia as a critical node in East-West and North-South transportation corridors come amid increased public discontent in the region and stepped-up jihadist activity.
    In January, Kazakhstan invited the Russian-led Collective Security Treaty Organization (CSTO) to help restore law and order amid mass anti-government protests. Six months later, protests in Uzbekistan’s autonomous Karakalpakstan region turned violent.

    Operating from Afghanistan, Islamic State militants vowed to wage a jihad in the region that would initially target Uzbekistan and Tajikistan.

    Islamic State militants hailed rocket attacks in recent months against targets in the two countries as the “great jihad in Central Asia” that would unite the five former Soviet Central Asian republics with Afghanistan, Pakistan, and India in a caliphate.

    A United Nations report warned in July that members of the East Turkistan Islamic Movement, a Uighur jihadist group that garnered notoriety in Syria, had defected to the Islamic State because Afghanistan’s Taliban leaders prevented them from launching cross-border attacks in Xinjiang.

    “Although ETIM/TIP (Turkestan Islamic Party), like al-Qaeda, has been keeping a low profile for now, it is really a ticking time bomb for China in its neighbourhood,” said Faran Jeffery of Islamic Theology of Counter Terrorism, a UK-based Muslim counterterrorism group.

    https://responsiblestatecraft.org/20...new-silk-road/


  16. #541
    Thailand Expat harrybarracuda's Avatar
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    Quote Originally Posted by OhOh View Post
    80 tankers worth a year, appears to equal 8% of Germany's overall gas usage.
    Did you deliberately miss this bit or are you just a complete idiot?

    substituting half of the gas imports the German energy company Uniper used to have from Russia

  17. #542
    Thailand Expat OhOh's Avatar
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    Quote Originally Posted by harrybarracuda View Post
    Did you deliberately miss this bit or are you just a complete idiot?

    substituting half of the gas imports the German energy company Uniper used to have from Russia
    I read your posts.

    If one reads your post, to completion, this "fact" is reported:

    Quote Originally Posted by harrybarracuda View Post
    or 8% of Germany’s overall gas usage before the start of the war.
    According to Reuters, there are two German companies, that did/do import Russian gas into Germany. Whether any, of the gas imported from Russia, is then sold onwards to other European countries is not stated.:

    May 31, 202211:45 PM GMT+7Last Updated 3 months ago.

    Germany's Uniper, RWE have paid for Russian gas under new scheme


    By Christoph Steitz

    "FRANKFURT, May 31 (Reuters) - German companies
    (implying more than 1)

    Uniper (UN01.DE) and RWE (RWEG.DE)"
    (two named companies)

    have
    (plural) paid for Russian gas under a new scheme proposed by Moscow, in a bid to ensure continued supply of the fuel that is critical to Europe's top economy."

    Germany'''s Uniper, RWE have paid for Russian gas under new scheme | Reuters
    Last edited by OhOh; 21-08-2022 at 12:52 PM.

  18. #543
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    1- Initial position- The ruble is rubble, and the Russian economy is gonna collapse I tell ya.
    2- Adjusted position- well, them sanctions gonna bite in the long term I tell ya! Honestly.


    FACTS-

    The Russian economy is at a record trade balance surplus.
    The German economy has seen it's trade balance surplus plunge. France and Italy also.
    The ruble is near an all time high, to the point the RCB has been trying to weaken it.
    The Russian economy will shrink 4-6% this year, not the 14-16% initially projected.
    Inflation is skyrocketing in the West. Likelihood of recession.


    Real good fellas- waddya gonna do next, ban Tchaikovsky?

  19. #544
    Thailand Expat harrybarracuda's Avatar
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    Quote Originally Posted by OhOh View Post
    I read your posts.
    Yes but clearly you don't understand them as you keep posting the same old shit and ignoring that Germany, like everyone else, is weaning themselves off the blackmailer's gas.

  20. #545
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    Quote Originally Posted by sabang View Post
    The Russian economy will shrink 4-6% this year
    That is a massive contraction and not a good thing, you utter imbecile. Not to mention that their manufacturing sector is basically shut down due to sanctions, and that includes their defense industry.

    Quote Originally Posted by sabang View Post
    The Russian economy is at a record trade balance surplus.
    You utter imbecile, it has been pointed out to you already that this is because of sanctions choking off imports, and it is having a massive ripple affect i.e. shutting down the entire manufacturing sector as mentioned above. It is not a good thing.

  21. #546
    Thailand Expat OhOh's Avatar
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    23 Aug, 2022 16:31 HomeBusiness News

    Germany fails to find replacement for Russian gas – Die Zeit

    Berlin’s LNG talks with Canada turned out to be fruitless, the newspaper reports.

    "Attempts by German Chancellor Olaf Scholz to secure Canadian gas in order to reduce the EU’s reliance on Russian energy have been unsuccessful, Die Zeit newspaper reported on Tuesday.

    Scholz met with Prime Minister Justin Trudeau in Montreal on Monday to discuss the idea of shipping some of Canada’s abundant natural gas across the Atlantic to terminals in Germany.

    However, Trudeau appeared to pour cold water on such an idea, according to the report.
    While not ruling out a role for Canadian natural gas in alleviating Europe's energy shortage, the Canadian leader stated there isn't a clear business case yet for building a liquefied natural gas (LNG) export terminal in Saint John or elsewhere.

    He then pointed out that natural gas would have to be shipped by pipeline from the fields of Western Canada to a still-unbuilt liquefaction terminal on the Atlantic coast. That would be a costly undertaking and might not be a prudent investment, given Europe’s commitment to rapidly transitioning to clean energy, noted Trudeau.

    “There has never been a strong business case because of the distance from the gas fields, because of the need to transport that gas over long distances before liquefaction,” he explained, adding that “right now, our best [solution] is to continue to contribute to the global market, to displace gas and energy that then Germany and Europe can locate from other sources.”"

    Germany fails to find replacement for Russian gas – Die Zeit — RT Business News

  22. #547
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    Germany fails to find replacement for Russian gas – Die Zeit

    How well does that Zyklon B burn



  23. #548
    Thailand Expat OhOh's Avatar
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    ^Not sure of round eyes, but little brown men, women and children produce less CO2/per capita, allegedly.

  24. #549
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    Quote Originally Posted by OhOh View Post
    23 Aug, 2022 16:31 HomeBusiness News

    Germany fails to find replacement for Russian gas – Die Zeit

    Berlin’s LNG talks with Canada turned out to be fruitless, the newspaper reports.

    "Attempts by German Chancellor Olaf Scholz to secure Canadian gas in order to reduce the EU’s reliance on Russian energy have been unsuccessful, Die Zeit newspaper reported on Tuesday.

    Scholz met with Prime Minister Justin Trudeau in Montreal on Monday to discuss the idea of shipping some of Canada’s abundant natural gas across the Atlantic to terminals in Germany.

    However, Trudeau appeared to pour cold water on such an idea, according to the report.
    While not ruling out a role for Canadian natural gas in alleviating Europe's energy shortage, the Canadian leader stated there isn't a clear business case yet for building a liquefied natural gas (LNG) export terminal in Saint John or elsewhere.

    He then pointed out that natural gas would have to be shipped by pipeline from the fields of Western Canada to a still-unbuilt liquefaction terminal on the Atlantic coast. That would be a costly undertaking and might not be a prudent investment, given Europe’s commitment to rapidly transitioning to clean energy, noted Trudeau.

    “There has never been a strong business case because of the distance from the gas fields, because of the need to transport that gas over long distances before liquefaction,” he explained, adding that “right now, our best [solution] is to continue to contribute to the global market, to displace gas and energy that then Germany and Europe can locate from other sources.”"

    Germany fails to find replacement for Russian gas – Die Zeit — RT Business News
    Germany and other European countries are extending the life of coal powered stations, in order to avoid using gas.
    BBC News.

  25. #550
    Thailand Expat harrybarracuda's Avatar
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    Quote Originally Posted by Switch View Post
    Germany and other European countries are extending the life of coal powered stations, in order to avoid using gas.
    BBC News.
    And there are plenty of places to get gas from other than Canada. The headline is typical russian bullshit.

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