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Biden and US Corps to Compete In EU Gas Deal

by Oui Tue Feb 1st, 2022 at 03:19:37 PM EST

Gas prices tumble as US-Russia talks intensify and Europe experiences a mild winter.

Will Nord Stream 2 start/shut-down operations soon?

European Gas Prices Tumble as Russia Boosts Flows Via Ukraine | Bloomberg - Feb. 1, 2022 |


Contract talks interfered with anti-Russia position in Washington DC

Ukraine asks Gazprom to extend gas transit deal for 15 years | BNI - Nov. 24, 2021 |

Ukraine has asked Russia's gas behemoth Gazprom to extend the current gas transit deal that expires in 2024 for another 15 years and offered to cut transit fees in half.

Ukraine's Prime Minister Denis Shmyhal said in an interview with Radio Svoboda on November 21 that Ukraine wants to extend the transit contract with Gazprom and is currently negotiating with its European partners.  

The Russian government reported the start of talks on a new transit deal on September 8 held by Russian Deputy Prime Minister Alexander Novak and the German government's commissioner for gas transit through Ukraine, Georg Graf Waldersee. 

"Germany has been, is and will remain the main partner for the Russian fuel and energy complex in the European direction," Novak said at the time. 

Can Ukraine do without Russian gas transit fees? | DW News |

In 2020, the Gas Transmission System Operator of Ukraine (GTSOU) said that Russian transit volumes through Ukraine were 55.8 bcm, way below the 89.6 bcm in 2019. 

Gazprom signed off on a new transit deal brokered by the European Commission in December 2019 that commits it to send 40 bcm via Ukraine's Druzhba pipeline until 2024. 

The European Commission told Platts it was working to secure long-term transit through Ukraine beyond the accord's 2024 expiry date and Ukraine asked Gazprom to extend the deal for a further 15 years, even offering to cut transit fees in half.

"The key issue is geopolitical, not financial," Chris Miller, assistant professor of international history at Tufts University, told DW.

"The Russia-Ukraine contract is a controversial gas contract because of the risk that Russia stops gas transit through Ukraine after the contract expires," Miller said.

Sergiy Makogon, CEO of GTSOU, told BNE last year that if Russia stopped using Ukraine as a transit route after 2024, Ukraine might have to decommission much of its network, as it would be too expensive to maintain. Russia would reportedly have to transit at least 30 bcm via Ukraine each year to keep the domestic pipe network viable commercially.

Floating war hysteria in a digital age of an alternate world

Key words | NY Times | CNN Breaking News | BBC News | Sky News | Murdoch's WSJ |

Remarks by President Biden and His Highness Sheikh Tamim Bin Hamad Al-Thani, Amir of the State of Qatar Before Bilateral Meeting

And today, in the United Nations, we've laid out the full nature of Russia's threat to Ukraine's sovereignty and the territorial integrity of Ukraine, as well as the core tenants of a rule-based international order.  And we -- we continue to urge diplomacy as the best way forward.  But with Russia continuing its buildup of its forces around Ukraine, we are ready no matter what happens. 

I also want to note that the UAE defeated a ballistic missile attack launched by the Houthis -- a separate issue -- from Yemen yesterday.  And we've been in daily contact with the UAE to address those threats. 

And I've directed Secretary Austin to do everything he can to communicate the support of the United States for the UAE, Saudi Arabia, and throughout the Gulf region.  America will have the backs of our friends in the region.

Today -- but I'm honored to be here with a good friend, who has been wonderful -- relationship since I've been President, and then before.   The Sheikh is -- I want to welcome you to the White House.

Three Kings of Orient bring their gifts of gold, frankincense, and myrrh ...

Precursor:

Airbus says it revokes Qatar order for 50 A321 jets as rift widens | CNBC - Jan. 22, 2022 |

Sanctions ready to impound Nord Stream 2

😉 there have always been problems in the relationship 🇺🇦 🇷🇺 after the Orange Revolution ... each and every President was accused of being a traitor and corruption ... creating new oligarchs.

The Ukraine's Future is H2 producer

Perhaps this visit to Iran was most promising for detente ...

Display:
On invitation from Volodymyr to Boris he wrote: ... in UA no rules to break, bring your own booze 😂 🇺🇦 ласкаво просимо



'Sapere aude'
by Oui (Oui) on Tue Feb 1st, 2022 at 03:33:12 PM EST
Joe Biden apologised over IS remarks, but was he right? | BBC News - Oct. 7, 2014 |

Once again the outspoken US Vice President Joe Biden has been forced to apologise for blunt remarks, this time accusing America's Sunni allies in the Middle East of supporting militant extremists in Syria.

The issue was not so much in what he said - Obama administration officials have long been making similar complaints - but that he said it publicly just as the US has secured regional support for a coalition against Islamic State (IS) militants.

His comments also exposed very different views between the US and Syria's neighbours about who's to blame for the rise of IS.

"The Turks... the Saudis, the Emirates, etc, what were they doing? They were so determined to take down (Syrian President Bashar al) Assad and essentially have a proxy Sunni-Shia war, what did they do? They poured hundreds of millions of dollars and tens, thousands of tonnes of weapons into anyone who would fight against Assad."

These policies ended up helping militants linked to al-Qaeda and ultimately IS, he said.

Mr Biden also claimed that Turkey admitted it had let too many foreign fighters cross its border into Syria.

Obama Admits He Lacks A Strategy to Combat ISIL in the Levant | Aug. 29, 2014 |

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by Oui (Oui) on Tue Feb 1st, 2022 at 04:58:50 PM EST
Supremacy - contest between GCC states, the Saudi/UAE break with Qatar.

The failure of the Neocons to overthrow Assad can be blamed on the difference between the two groups of Islamic states. The Salafist Sunni states supported different jihadist groups than Turkey and Qatar with Muslim Brotherhood signature.

The MB were thrown out of Egypt during the reign of Nasser. The were welcomed by Saudi Arabia and the Emirates until they caused internal unrest and were banned. Qatar has a major US military base and will have the full support of the White House. Obama and HRC had very close relationships with Qatar and Turkey ...

The failure to overthrow Assad started the feud with Qatar and the Saudis under Salman. Trump and Pompeo had to intervene to avoid a hot war. Qatar had to pay a $2bn ransom to Islam terror group in the Levant when royalty were taken hostage.

The Abraham Economic Accords has changed the relations in the Middle East. New alliances are being formed.

One of the motives to invade and occupy Syria was for gas from Qatar to find its way into Europe.

Biden and US Congress are playing a dirty colonial game for power and fossil fuel. Ugly ... see Mossadeq and 1953.

Makkah Siege of 1979 - Turning Point in Saudi Arabia

'Sapere aude'

by Oui (Oui) on Tue Feb 1st, 2022 at 05:00:11 PM EST
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by Oui (Oui) on Tue Feb 1st, 2022 at 08:44:29 PM EST
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U.S. Became World's Top LNG Exporter, Spurred by Europe Crisis | Bloomberg - Jan. 4, 2022 |

EC Quarterly Report: on European Gas Markets | Q2-2021 |

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by Oui (Oui) on Tue Feb 1st, 2022 at 08:56:42 PM EST


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by Oui (Oui) on Tue Feb 1st, 2022 at 08:57:15 PM EST
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by Oui (Oui) on Tue Feb 1st, 2022 at 08:59:43 PM EST

Pentagon favors U.S. sale of more than $500 million worth of armed drones to Qatar, but State Department is wary | NBC News - Oct. 27, 2021 |

Related field prowess success of America ...

Afghanistan: MQ-9 Reapers Fly to New Assignment Rather than Get Shipped In | Air Force Mag - Feb. 2018 |

Upgrading relations with Qatar means Erdoğan and Turkey can't be far behind to come in from out of the cold ...

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by Oui (Oui) on Tue Feb 1st, 2022 at 09:01:39 PM EST


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by Oui (Oui) on Tue Feb 1st, 2022 at 09:03:00 PM EST
Qatar Can't Help Europe Much If Russian Gas Is Interrupted | Bloomberg - Jan. 25, 2022 |



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by Oui (Oui) on Tue Feb 1st, 2022 at 09:04:48 PM EST
Qatar could reroute some gas to Europe with U.S. mediation - source | Reuters |

Biden to designate Qatar as a major non-NATO ally

The move is a result of the plan by the US to secure Qatari gas for the European market to replace Russian gas

According to the US State Department, the status of major non-NATO ally (MNNA) is a "designation under U.S. law that provides foreign partners with certain benefits in the areas of defense trade and security cooperation." However, unlike the case with NATO allies, the status does not involve defense commitments to the country. The US has so far granted this status to 20 countries including Egypt, South Korea, and Morocco.

The move comes a few days after Reuters revealed that the Biden administration had approached Qatar to formulate a plan to avert a possible shortage of Liquefied Natural Gas (LNG) in Europe if war broke out between Russia and Ukraine.

The Reuters report said that Washington wants Qatar to be prepared to re-route some of its Asian bound to the European market. To be able to adequately cater to the European market, Qatar would have to cut supplies to its long-term clients in Asia as its current LNG production is not sufficient to supply both markets simultaneously.



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by Oui (Oui) on Tue Feb 1st, 2022 at 09:06:21 PM EST
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by Oui (Oui) on Tue Feb 1st, 2022 at 09:07:04 PM EST

Germany's largest energy supplier Eon is in favor of commissioning the controversial German-Russian gas pipeline Nord Stream 2. "Nord Stream 2 is helpful in terms of energy economy," said CEO Leonhard Birnbaum in front of the Düsseldorf Business Journalists' Association (WPV). "That would be good for the further development of gas prices."

More pipeline gas could relieve the market. However, he is aware that this topic also has a political component and that this assessment can be different. "That must then be discussed in politics." Germany and Europe would then have to be prepared to live with the consequences.

Birnbaum's verdict, however, is unequivocal: "I think we need Russian gas. Period." This applies in particular if Germany wants to shut down the coal-fired power plants as planned. "Then we shouldn't think about how to do it without Russian gas," says the manager.

It is often argued that the import of liquefied natural gas, the so-called LNG, can reduce dependence on Russian energy supplies. But Birnbaum thinks that is utopian. "It's far too expensive," explains the Eon boss. "If we depend on LNG, gas prices in Europe will be significantly higher than in the past."



'Sapere aude'
by Oui (Oui) on Wed Feb 2nd, 2022 at 02:59:34 PM EST
Why, yes!
by Cat on Wed Feb 2nd, 2022 at 09:47:19 PM EST


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by Oui (Oui) on Thu Feb 3rd, 2022 at 11:35:40 AM EST

Ofgem: Price cap to increase by £693 from April

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by Oui (Oui) on Thu Feb 3rd, 2022 at 11:37:14 AM EST
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by Oui (Oui) on Thu Feb 3rd, 2022 at 11:42:20 AM EST
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by Oui (Oui) on Thu Feb 3rd, 2022 at 11:37:59 AM EST


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by Oui (Oui) on Thu Feb 3rd, 2022 at 12:49:42 PM EST


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by Oui (Oui) on Thu Feb 3rd, 2022 at 12:51:18 PM EST
[ Parent ]
Europe refused a commitment and is buying on the expensive spot market.



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by Oui (Oui) on Fri Feb 4th, 2022 at 10:23:57 PM EST
Blow to Polish rival PGNiG as EU court upholds Gazprom antitrust settlement | Reuters |

Gazprom's critics suffered a blow when the European Union's second highest court upheld a 2018 decision that let the Russian gas giant settle a long-running antitrust investigation without paying a fine.

The European Commission, the EU's competition enforcer, in 2018 accepted Gazprom's concessions, which included a pledge to reform its pricing structure and allow rivals a foothold in eastern Europe. That allowed the company to avoid a fine that could be as much as 10% of its global turnover.

Polish rival PGNiG, the Polish government and some eastern European countries criticised the settlement for being too soft on Gazprom, contrasting it with hefty EU antitrust fines for U.S. tech giant Google.

....
Gazprom declined to comment. At the time of the initial ruling in 2018 it welcomed the verdict, calling it "the most reasonable outcome for the well-functioning of the entire European gas market."

Gazprom had to allow clients to ask for lower prices when its prices diverged from benchmarks such as Western European gas market hubs, scrapping its old system of linking prices to the cost of oil.



'Sapere aude'
by Oui (Oui) on Fri Feb 4th, 2022 at 10:25:33 PM EST
Russian Gas for Europe : Creating Access and Choice | Clingendael Research - Tom Smeenk | [2009]

Underpinning Russia's gas export strategy with Gazprom's infrastructure investments.

This study deals with Gazprom's investment strategy regarding Russia's gas exports and export market behaviour, with a focus on European infrastructure projects, in a the geopolitical context. Because of its large gas reserves, Russia is well-positioned to take advantage of gas exports even as it faces possible competition from other gas suppliers and uncertain gas demand.

Gas export earnings are an important source of income for Russia. As a government-controlled firm, Gazprom depends to a large extent on Europe for its hard-currency income. For Russia and Gazprom, the stream of income from gas exports and its expansion are economically vital. In this regard, gas export infrastructures such as Nord and South Stream could act as important instruments to expand Gazprom's market share in current markets and in growth markets.

This study uses a real-option game model to assess the overall value of gas infrastructures in the face of demand uncertainties and potential competition. The result of this approach illustrates the strategic-economic character of Gazprom's infrastructure investments in possibly creating a first-mover's advantage. Yet, the model is of a highly stylised nature. Therefore, other aspects should be taken into account in assessing gas infrastructure investments. Besides the goal of possibly expanding Gazprom's market share, infrastructure investments could serve to mitigate overall transit risks.

However, Gazprom's organisational constraints in realising gas infrastructures could put into question the rationale of such investments. In addition, Gazprom's position as well as that of Russian gas may be pressured by European (regulatory) policy in favour of alternative gas and other energy sources. The desired market outcomes for Gazprom have an impact on the prioritisation of Russian investments in the gas value chain.



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by Oui (Oui) on Fri Feb 4th, 2022 at 10:26:54 PM EST


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by Oui (Oui) on Fri Feb 4th, 2022 at 10:30:39 PM EST

Gerhard Schröder wirft Ukraine »Säbelrasseln« vor | Der Spiegel |

Former Chancellor Gerhard Schröder ( SPD ) defended the German refusal to deliver arms to Ukraine and rejected the Ukrainian criticism in clear terms. "I really hope that the saber-rattling in Ukraine will finally stop," said Schröder in the podcast "Die Agenda".

"Because what I have to hear there, also about blame being laid on Germany because of the reasonable cancellation of arms deliveries, that sometimes knocks the bottom out of the barrel," said Schröder.

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by Oui (Oui) on Fri Feb 4th, 2022 at 11:12:03 PM EST


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by Oui (Oui) on Fri Feb 4th, 2022 at 11:12:37 PM EST
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by Oui (Oui) on Fri Feb 4th, 2022 at 11:13:45 PM EST
'Almost invisible': Germans lose patience with Olaf Scholz as he hesitates on Ukraine | The Guardian |

    Translation:
    And there is even a very unusual picture here:
    The decision not to supply arms to #Ukraine is shared by supporters of ALL parties by a large majority...


'Sapere aude'
by Oui (Oui) on Fri Feb 4th, 2022 at 11:56:30 PM EST
So why are they losing patience if he's doing what they want?
by gk (gk (gk quattro due due sette @gmail.com)) on Sat Feb 5th, 2022 at 06:37:27 AM EST
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'Sapere aude'
by Oui (Oui) on Fri Feb 4th, 2022 at 11:57:25 PM EST
After European Nations blocked Qatar national broadcaster Al Jazeera before. In Afghanistan and Iraq, the US war machine bombed the Al Jazeera headquarters and targeted journalists. Freedom of expression, speech and journalism 😂 ☮️ 🌏 ... not for all.

Germany bans Russian broadcaster RT's German-language channel | Politico EU |

Germany's media regulator announced that it will ban the German-language TV channel of Russian state broadcaster RT, which was previously taken off air in December.

"The organization and distribution of the TV program via live stream on the internet, via the mobile and smart TV app 'RT News' and via satellite must be discontinued," according to a statement by the Commission for Authorization and Supervision.

Additionally, it said RT cannot "rely on any other permission legitimate under European law." Regulators said that RT did not have the correct license for broadcasting in Germany -- and that the channel had not applied for one.



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by Oui (Oui) on Sat Feb 5th, 2022 at 12:00:05 AM EST
Russia Shuts Down German Broadcaster Deutsche Welle's Moscow Office



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by Oui (Oui) on Sat Feb 5th, 2022 at 12:00:56 AM EST
[ Parent ]
We got some wars to attend to and do critical investments first ...



'Sapere aude'
by Oui (Oui) on Mon Feb 28th, 2022 at 09:51:46 PM EST

For the survival of planet Earth, end all wars ☮️

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by Oui (Oui) on Mon Feb 28th, 2022 at 09:52:55 PM EST


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by Oui (Oui) on Mon Feb 28th, 2022 at 09:53:50 PM EST
A month ago ... quand tout était paix et vray ✌️



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by Oui (Oui) on Mon Feb 28th, 2022 at 09:54:42 PM EST

LEAK: Energy prices will 'remain high and volatile until at least 2023', EU Commission says | EurActiv - Feb. 21, 2022 |

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by Oui (Oui) on Mon Feb 28th, 2022 at 09:56:16 PM EST


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by Oui (Oui) on Mon Feb 28th, 2022 at 10:03:07 PM EST
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Farsighted and long-term robust energy policy ...

Exclusive-Tax Energy Firms' Windfall Profits to Raise Green Cash, EU to Tell Countries - Sources | Reuters - Feb. 28, 2022 |

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by Oui (Oui) on Mon Feb 28th, 2022 at 09:57:13 PM EST


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by Oui (Oui) on Mon Feb 28th, 2022 at 09:58:18 PM EST


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by Oui (Oui) on Mon Feb 28th, 2022 at 09:59:03 PM EST
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by Oui (Oui) on Mon Feb 28th, 2022 at 10:00:31 PM EST


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by Oui (Oui) on Mon Feb 28th, 2022 at 10:01:23 PM EST


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by Oui (Oui) on Mon Feb 28th, 2022 at 10:04:32 PM EST

Inflation will be extremely hard on lowest income groups - 40% of US population

Low earners were hit hardest by inflation as savings and pandemic aid dwindle, study finds | CNBC |

Europe

Who is suffering most from rising inflation? | Bruegel Institute |

'Sapere aude'

by Oui (Oui) on Mon Feb 28th, 2022 at 10:07:06 PM EST

VP Biden - Nuland - Power - Freedom R2P

Samantha Power, the Monster, and the Libyan Intervention | by Frank Schnittger on Sep 8th, 2011 |

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by Oui (Oui) on Mon Feb 28th, 2022 at 10:08:17 PM EST
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