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Europe didn't need the gas [1] [2]. Russia has nothing to lose by sabotaging it. Don't forget that Russia had already slowed/slopped NS1 by this point. [1] htt

Europe didn't need the gas [1] [2]. Russia has nothing to lose by sabotaging it. Don't forget that Russia had already slowed/slopped NS1 by this point. [1] https://twitter.com/KyivIndependent/status/1574754277268103170 https://twitter.com/KyivIndependent/status/15747542772681031... "Those shipments are enough to cover a complete halt in Russian pipeline flows from Oct. 1." [2] https://www.bloomberg.com/news/articles/2022-09-27/europe-is-ready-for-a-winter-without-russian-gas-bnef-says https://www.bloomberg.com/news/articles/2022-09-27/europe-is... (paywalled version of the original quote)

maltalex 4y ago
Why link to a tweet that quotes Bloomberg and not the Bloomberg article directly? https://www.bloomberg.com/news/articles/2022-09-27/europe-is-ready-for-a-winter-without-russian-gas-bnef-says https://www.bloomberg.com/news/articles/2022-09-27/europe-is...
- mmastrac 4y ago
  The article is paywalled for me but I'll update my comment.
dncornholio 4y ago
Europe needs the gas. Not enough LNG stations to import this amount. Also prices are absurdly high. Saying Europe doesn't need Russian gas sounds almost like propoganda.
- ajsnigrutin 4y ago
  This sounds like politicians promising something, that they'll fail to deliver in a few weeks... as a european, i've heard this many, many times before. As someone from the balkans, i look at first signs of politicials lieing (they're moving their lips).
  - dmichulke 4y ago
    This! Taking into account their long-term planning skills there is no reason to assume they know what they're doing. I assume they're saying it to avoid a panic or increasing prices.
- jcranmer 4y ago
  Yes and no. Since the Russian invasion in February, Europe has been working out how to get by without Russian gas. For this winter, stocks are high enough that Europe can probably get by without gas rationing or a major hit to GDP (although this also depends on what the weather's like). There's also a variety of short-term (increasing gas flows from North Africa) and longer-term (increased renewables energy production, more LNG terminals) efforts to eliminate the need for any Russian gas. That goal is, the last I've seen, ready to be hit in 2024. So the real question isn't what happens over the next 6 months, which I suspect will be rather anticlimactic for most observers, but what happens in the 12 following months, especially if Russian seems determined to deliver 0 gas to Europe in 2023.
  - deleted 4y ago
    [deleted]
hackerlight 4y ago
Also, if Russia can easily repair this damage, it isn't really jeopardizing NS2. People here are assuming that this is the end of NS2. What a propaganda coup if the repairs are fairly cheap and they can sow this much distrust for that small financial cost.

maltalex 4y ago

Why link to a tweet that quotes Bloomberg and not the Bloomberg article directly? https://www.bloomberg.com/news/articles/2022-09-27/europe-is-ready-for-a-winter-without-russian-gas-bnef-says https://www.bloomberg.com/news/articles/2022-09-27/europe-is...

mmastrac 4y ago
The article is paywalled for me but I'll update my comment.

dncornholio 4y ago

Europe needs the gas. Not enough LNG stations to import this amount. Also prices are absurdly high. Saying Europe doesn't need Russian gas sounds almost like propoganda.

ajsnigrutin 4y ago
This sounds like politicians promising something, that they'll fail to deliver in a few weeks... as a european, i've heard this many, many times before. As someone from the balkans, i look at first signs of politicials lieing (they're moving their lips).
- dmichulke 4y ago
  This! Taking into account their long-term planning skills there is no reason to assume they know what they're doing. I assume they're saying it to avoid a panic or increasing prices.
jcranmer 4y ago
Yes and no. Since the Russian invasion in February, Europe has been working out how to get by without Russian gas. For this winter, stocks are high enough that Europe can probably get by without gas rationing or a major hit to GDP (although this also depends on what the weather's like). There's also a variety of short-term (increasing gas flows from North Africa) and longer-term (increased renewables energy production, more LNG terminals) efforts to eliminate the need for any Russian gas. That goal is, the last I've seen, ready to be hit in 2024. So the real question isn't what happens over the next 6 months, which I suspect will be rather anticlimactic for most observers, but what happens in the 12 following months, especially if Russian seems determined to deliver 0 gas to Europe in 2023.
- deleted 4y ago
  [deleted]

hackerlight 4y ago

Also, if Russia can easily repair this damage, it isn't really jeopardizing NS2. People here are assuming that this is the end of NS2. What a propaganda coup if the repairs are fairly cheap and they can sow this much distrust for that small financial cost.