Hungary preparing to pay for Russian gas in rubles.

moon

Satire for Sanity
Hungary says it’s ready to pay for Russian gas in rubles
The switch to seller’s national currency does not violate EU sanctions, foreign minister says


Hungary is ready to accept the new ruble-based payment mechanism for Russian gas to secure the country’s energy supplies, Foreign Minister Peter Szijjarto told a news conference on Monday.

“As for paying in rubles, we have a solution that does not violate any sanctions but at the same time it secures Hungary's gas supply,” Szijjarto said, noting that the option to pay bills in another currency rather than euros was included in a bilateral contract between Hungary’s energy group MVM's subsidiary, CEE Energy, and Russian Gazprom Export, sealed in September last year.

In March, Moscow amended the payment mechanism for its natural gas exports, demanding that buyers from countries that imposed sanctions on Russia over its military operation in Ukraine pay for the commodity in rubles. Moscow explained that buyers will now have to transfer gas payments in their currency of choice to accounts in Russian Gazprombank, which will convert them into rubles so they may reach gas producer Gazprom. The European Commission, however, urged member states with contracts requiring payment in euros or dollars to stick to their original payment schemes.

https://www.rt.com/business/553690-hungary-ruble-russian-gas/

If you need energy for your people Klepto-Joe's sanctions don't keep them warm.
 
Did you read that article, tardo? Everything is at capacity, meaning that's it. There is no more to sell.

"There are more than 160 LNG facilities operating in the U.S. performing a variety of services. Some facilities export natural gas from the U.S., some provide natural gas supply to the interstate pipeline system or local distribution companies, while others are used to store natural gas for periods of peak demand."

LNG | Federal Energy Regulatory Commissionhttps://www.ferc.gov › natural-gas ›
 
French presidential contender weighs in on Russian sanctions
Le Pen is against imposing energy sanctions on Moscow


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French presidential candidate, Marine Le Pen, in an interview on Tuesday, raised her voice against imposing sanctions on Russia’s energy exports since, she believes, the French will have to pay dearly for those restrictions. Le Pen noted that she is not against anti-Russian sanctions in other sectors of the economy.

“I stand against sanctions concerning energy because I do not want the French to bear the full brunt of the consequences of such a decision aimed at cutting gas or oil imports. I know what those consequences will be,” the leader of the National Rally told France Inter radio. “I am here to protect the interests of the French people.”

https://www.rt.com/news/553766-le-pen-imposing-energy-sanctions/
 
"There are more than 160 LNG facilities operating in the U.S. performing a variety of services. Some facilities export natural gas from the U.S., some provide natural gas supply to the interstate pipeline system or local distribution companies, while others are used to store natural gas for periods of peak demand."

LNG | Federal Energy Regulatory Commissionhttps://www.ferc.gov › natural-gas ›

biden's attack on american production is a retard move, literally driving fuel customers over to russia.

Biden is a russian asset obviously.
 
biden's attack on american production is a retard move, literally driving fuel customers over to russia.

Biden is a russian asset obviously.

"Biden’s Commitment For US LNG To Supply Europe Faces Strong Headwinds"
https://www.forbes.com/sites/davidb...urope-faces-strong-headwinds/?sh=300facc4247a

"President Joe Biden announced an agreement on Friday committing the U.S. liquefied natural gas industry to supply an additional 15 billion cubic tons (bct) of LNG to Europe through the remainder of 2022. The agreement additionally envisions U.S. LNG increasing that supply to Europe to 50 bct through 2030."

AssHat. Stop taking the Stupid Pill.
 
"Biden’s Commitment For US LNG To Supply Europe Faces Strong Headwinds"
https://www.forbes.com/sites/davidb...urope-faces-strong-headwinds/?sh=300facc4247a

"President Joe Biden announced an agreement on Friday committing the U.S. liquefied natural gas industry to supply an additional 15 billion cubic tons (bct) of LNG to Europe through the remainder of 2022. The agreement additionally envisions U.S. LNG increasing that supply to Europe to 50 bct through 2030."

AssHat. Stop taking the Stupid Pill.

so you agree decreasing production for made up environmental reasons is stupid then.
 
so you agree decreasing production for made up environmental reasons is stupid then.

"LNG releases 45-50% less CO2 than coal, 30% less CO2 than fuel oil, dramatically reduces nitrogen oxide emissions, does not emit soot, dust or fumes, and produces insignificant amounts of sulfur dioxide, mercury, and other particulates compared to other fuels."
https://www.matrixnac.com › what-are-the-environmental...


It's referred to as a transition fuel.
 
"LNG releases 45-50% less CO2 than coal, 30% less CO2 than fuel oil, dramatically reduces nitrogen oxide emissions, does not emit soot, dust or fumes, and produces insignificant amounts of sulfur dioxide, mercury, and other particulates compared to other fuels."
https://www.matrixnac.com › what-are-the-environmental...


It's referred to as a transition fuel.

Is your brain a transition brain?
 
This is bad, it's a step in the world moving away from the petrodollar.

that will happen sometime.

the important part is not submit ourselves to the issuer of the next world reserve currency.

It's time to turn inward, produce for our own needs.

we must eventually reject international market pricing. Our elites are all incented to not allow this. that is their job to not allow this.

it's our job to depose these traitors.
 
"There are more than 160 LNG facilities operating in the U.S. performing a variety of services. Some facilities export natural gas from the U.S., some provide natural gas supply to the interstate pipeline system or local distribution companies, while others are used to store natural gas for periods of peak demand."

European LNG terminals lack room for more gas

Europe's liquefied natural gas (LNG) terminals have limited available capacity to absorb extra supply from the United States.

"A few cargoes could be squeezed into some other countries, but not significant supply," said Rystad Energy senior analyst Kaushal Ramesh, adding that logistical issues are likely to "burn a hole through buyers' pockets, again".

LNG needs to be regasified by transforming it from its frozen state back to gas and then transporting it through pipes - either directly for burning or to generation plants to make electricity.

Spain has the continent's biggest capacity, with six terminals, while Germany has none.

"The problem with Spain is that it has limited pipeline connections with the rest of Europe with only one pipeline that could take gas from Spain to France and so capacity is restricted somewhat," Laura Page, senior LNG analyst at Kpler said.


https://www.reuters.com/business/energy/brimming-european-lng-terminals-have-limited-space-more-gas-2022-02-17/
 
that will happen sometime.

the important part is not submit ourselves to the issuer of the next world reserve currency.

It's time to turn inward, produce for our own needs.

we must eventually reject international market pricing. Our elites are all incented to not allow this. that is their job to not allow this.

it's our job to depose these traitors.

Biden's accelerating the process of getting there, without the turning inward part.
 
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