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And (for the time being, at least) the Europeans can choose to finally switch on the NordStream 2 pipeline which has been just sitting there for over a year. B
by simonblack 4y ago
And (for the time being, at least) the Europeans can choose to finally switch on the NordStream 2 pipeline which has been just sitting there for over a year.
But they'd better hurry up if they want NordStream 2 for this Winter's gas. The Russians won't keep the allocation of gas available in the pipeline waiting on the Europeans to make up their minds for ever.
- wsc981 4y agoBiden won't allow Nord Stream 2 to be opened up though, and it seems he has more control over the pipeline than (the prime minister of) Germany: https://www.youtube.com/watch?v=OS4O8rGRLf8 https://www.youtube.com/watch?v=OS4O8rGRLf8
- vegardx 4y agoYou keep repeating this statement everywhere. Where do you think Russia is going to sell this gas? To other nations, using non-existing pipelines? Right now Russia is burning off gas because they can't find a way to sell it. And nobody in Europe is under the illusion that gas will start flowing through the pipeline just because we decided to "open it". It will have a faulty turbine or develop a leak or whatever is the next thing they decide to cook up as a reason.
- simonblack 4y agoActually, you are quite correct. The EU has stated they want to stop using Russian energy as soon as possible, so it's a good thing indeed that both the EU and Russia have stopped those energy transfers more quickly than expected.
- wsc981 4y agoFrom what I read, The Netherlands is actually buying Russian gas through China. And The Netherlands is probably not the only EU country buying Russian gas through China [0]: > According to research firm Kpler, Europe’s imports of LNG have soared 60 per cent year on year in the first six months of 2022. As per Nikkei, more than 4 million tonnes of Chinese LNG has probably been resold — making up roughly 7 per cent of Europe’s imports in the first half of the year. So, Europe has been purchasing Russian LNG via China – while pretending like it is highly successful in its campaign to decouple from Moscow. > Therefore, a major part of natural gas currently in European storages continues to be of Russian origin – with the obvious caveat of it having been bought from China. --- [0]: https://www.news18.com/news/opinion/china-is-laundering-russian-gas-for-europe-will-the-west-still-lecture-india-5906257.html https://www.news18.com/news/opinion/china-is-laundering-russ...