Russia shut out permanently from world energy markets

[Cypress]

.
Russia will likely be shut out permanently from global energy markets, top oil execs say

Top execs from Chevron and Woodside Petroleum predicted Russia will be cut off from global energy markets.

Once the EU weans off Russian supplies, Moscow is unlikely to be able to participate again, they said.

"The move has not been an energy move, it's been a social move as people have recognized the destructive nature of the conflict."

The Europeans post-World War II thought there would never be war on European soil again," she said. "I think what has happened is so shocking for them that I think they will not be lulled into complacency.

The comments come as the EU edges closer to a phased-in embargo of Russian oil, which the US has already banned. European countries are also looking to reduce their reliance on Russian natural gas by sourcing it from elsewhere.

Europe isn't the only market that can turn to alternatives to Russian energy. Liquefied natural gas producers in Australia, O'Neill added, can help fill demand in Asia once Russia is eventually out of the trade loop.

The world won't allow Russia to return to global markets unless President Putin has a "change of heart," which is unlikely, according to Kory Judd, director of operations for Chevron's Australian business.

https://www.google.com/amp/s/financ...likely-shut-permanently-global-125842840.html

 

[Cypress]

A Russian political scientist I read regularly said back in February, even before the invasion, that if Putin started a war it would be an epic political and economic catastrophe for Russia because Europe would not stand for Russian war mongering, and would wean themselves off Russian energy, which is the bread and butter, the lifeline of the Russian economy.

 

[anatta]

China and Asia will buy it all. Europe will come around agin if the fucking war ever gets peace talks

 

[T. A. Gardner]

Wanta bet China and N. Korea will buy all that Russia is willing to sell them?

 

[Cypress]

China and Asia will buy it all. Europe will come around agin if the fucking war ever gets peace talks

The geographic location of Russia's gas resources make it exceedingly difficult to pipe it across the Eurasian landmass to get to Chinese markets. Russia's gas transportation infrastructure is almost entirely constructed to serve Europe.

 

[T. A. Gardner]

The geographic location of Russia's gas resources make it exceedingly difficult to pipe it across the Eurasian landmass to get to Chinese markets. Russia's gas transportation infrastructure is almost entirely constructed to serve Europe.

56" pipeline in place since 2012

A second one runs into China from Sakhalin Island. There are more under construction as shown.

 

[anatta]

The Russians have indicated they expect the expanded presence in the Arctic to better their edge, with President Vladimir Putin saying the NSR (Northern Sea Route) would be part of China's Maritime Silk Road as a “global and competitive route that connects northeastern, eastern, and southeastern Asia with Europe.”
https://www.yahoo.com/video/russia-eyes-round-northern-sea-110000839.html

 

[anatta]

The geographic location of Russia's gas resources make it exceedingly difficult to pipe it across the Eurasian landmass to get to Chinese markets. Russia's gas transportation infrastructure is almost entirely constructed to serve Europe.

it will shift to Asia as the economics determine it

 

[Cypress]

56" pipeline in place since 2012

A second one runs into China from Sakhalin Island. There are more under construction as shown.

I said that most of the gas pipeline infrastructure was built to serve Europe.

Sorry, I know you're rooting for the Kremlin, but China is not going to replace the European gas market for Russia anytime in the near or intermediate foreseeable term, if ever.

 

[Cypress]

I said that most of the gas pipeline infrastructure was built to serve Europe.

Sorry, I know you're rooting for the Kremlin, but China is not going to replace the European gas market for Russia anytime in the near or intermediate foreseeable term, if ever.

Increased China purchases of Russian natural gas will not make up for the loss of the European market, but their real importance to Moscow will be as a channel for necessary goods in the face of strict Western sanctions, according to a leading energy analyst. The European Union and Britain have said they are determined to end their reliance on Russian gas following the invasion of Ukraine.

But China, the world’s biggest single energy consumer, opposes sanctions and said its trade with Russia, including oil and gas, would continue. However, even in the most optimistic scenario, the future volume going to China could only be about two-thirds of the current volume of Europe.

https://amp.scmp.com/news/china/dip...les-china-will-not-make-loss-european-markets

 

[anatta]

Increased China purchases of Russian natural gas will not make up for the loss of the European market, but their real importance to Moscow will be as a channel for necessary goods in the face of strict Western sanctions, according to a leading energy analyst. The European Union and Britain have said they are determined to end their reliance on Russian gas following the invasion of Ukraine.

But China, the world’s biggest single energy consumer, opposes sanctions and said its trade with Russia, including oil and gas, would continue. However, even in the most optimistic scenario, the future volume going to China could only be about two-thirds of the current volume of Europe.

https://amp.scmp.com/news/china/dip...les-china-will-not-make-loss-european-markets

American liquefied national gas terminals are maxed out, and building new ones will take years.
https://www.eenews.net/articles/europes-scramble-for-lng-leaves-asia-starving-for-energy/
Europe needs alternatives to Russian gas today, amid fears that Moscow could stop exports completely.
Its scramble to find additional supplies is upending a rapidly expanding LNG market and driving prices on the global market higher.
Asia has been the top destination for American LNG cargoes since the United States began shipments in 2016. South Korea has accounted for 14.4 percent of U.S. LNG exports since that time, followed by Japan (10.5 percent) and China (8.7 percent), according to Energy Department figures.

But recent months have seen dramatic changes in LNG flows. Gas shipments to China, Japan and Korea were down 11 percent, 14 percent and 7 percent, respectively, in the first quarter compared with the same time last year, said Valery Chow, an analyst who tracks the industry at Wood Mackenzie.
~~

Basically if Europe wants more from Australia and the USA ( problematic) more of Russian LNG will go to Asia

 

[T. A. Gardner]

I said that most of the gas pipeline infrastructure was built to serve Europe.

Sorry, I know you're rooting for the Kremlin, but China is not going to replace the European gas market for Russia anytime in the near or intermediate foreseeable term, if ever.

I'm not rooting for anybody in that war because it really doesn't fucking matter who wins or loses, because both sides lose regardless.

 

[ExpressLane]

China and Asia will buy it all. Europe will come around agin if the fucking war ever gets peace talks

If Putin dies or loses power Europe will line up to buy Russian energy.

 

[Hawkeye10]

.
Russia will likely be shut out permanently from global energy markets, top oil execs say

Top execs from Chevron and Woodside Petroleum predicted Russia will be cut off from global energy markets.

Once the EU weans off Russian supplies, Moscow is unlikely to be able to participate again, they said.

"The move has not been an energy move, it's been a social move as people have recognized the destructive nature of the conflict."

The Europeans post-World War II thought there would never be war on European soil again," she said. "I think what has happened is so shocking for them that I think they will not be lulled into complacency.

The comments come as the EU edges closer to a phased-in embargo of Russian oil, which the US has already banned. European countries are also looking to reduce their reliance on Russian natural gas by sourcing it from elsewhere.

Europe isn't the only market that can turn to alternatives to Russian energy. Liquefied natural gas producers in Australia, O'Neill added, can help fill demand in Asia once Russia is eventually out of the trade loop.

The world won't allow Russia to return to global markets unless President Putin has a "change of heart," which is unlikely, according to Kory Judd, director of operations for Chevron's Australian business.

https://www.google.com/amp/s/financ...likely-shut-permanently-global-125842840.html

Bull Shit.

 

[anatta]

If Putin dies or loses power Europe will line up to buy Russian energy.

The hilarious part is Ukraine stands to lose a shitload of "transit fees" -they suck royalties off of Russian pipelines
No worries.. we'll just send them more of our money. We've adopted a corrupt, war torn country
in our haste to war against Russia

 

[Hawkeye10]

The hilarious part is Ukraine stands to lose a shitload of "transit fees" -they suck royalties off of Russian pipelines
No worries.. we'll just send them more of our money. We've adopted a corrupt, war torn country
in our haste to war against Russia

Its just like Iraq, these fucks have learned nothing, they STILL do not understand the rest of the world, how it works.

This is going to hurt.

 

[anatta]

Its just like Iraq, these fucks have learned nothing, they STILL do not understand the rest of the world, how it works.

Ukraine and Russia are really natural cultural trade partners -not the western European countries
But the USA coudn't have THAT, and we played our stupid Cold War 2.0 games until Putin was forced
to defend upon NATO encroachment of his underbelly.

Putin gets more NATO expansion for his troubles
we get a military and strategic bond between Russia and China that we misplayed into
Ukraine loses "transit fees" and gets pulverized
Western Europe gets more expensive energy sources

a 100% FUBAR of U.S. making -
oh and dont forget the fertilizer shortage because of Russian boycott
everybody loses

 

[Hawkeye10]

Ukraine and Russia are really natural cultural trade partners -not the western European countries
But the USA coudn't have THAT, and we played our stupid Cold War 2.0 games until Putin was forced
to defend upon NATO encroachment of his underbelly.

Putin gets more NATO expansion for his troubles
we get a military and strategic bond between Russia and China that we misplayed into
Ukraine loses "transit fees" and gets pulverized
Western Europe gets more expensive energy sources

a 100% FUBAR of U.S. making -
oh and dont forget the fertilizer shortage because of Russian boycott
everybody loses

Massive upheaval in the West, as it is already collapsing.

God Help Us.

 

[Cypress]

American liquefied national gas terminals are maxed out, and building new ones will take years.
https://www.eenews.net/articles/europes-scramble-for-lng-leaves-asia-starving-for-energy/
Europe needs alternatives to Russian gas today, amid fears that Moscow could stop exports completely.
Its scramble to find additional supplies is upending a rapidly expanding LNG market and driving prices on the global market higher.
Asia has been the top destination for American LNG cargoes since the United States began shipments in 2016. South Korea has accounted for 14.4 percent of U.S. LNG exports since that time, followed by Japan (10.5 percent) and China (8.7 percent), according to Energy Department figures.

But recent months have seen dramatic changes in LNG flows. Gas shipments to China, Japan and Korea were down 11 percent, 14 percent and 7 percent, respectively, in the first quarter compared with the same time last year, said Valery Chow, an analyst who tracks the industry at Wood Mackenzie.
~~

Basically if Europe wants more from Australia and the USA ( problematic) more of Russian LNG will go to Asia

Building and upgrading pipeline capacity takes many years, and even after upgrading capacity, Russian exports of gas to China will only replace about half of European demand

Beijing and Moscow eye pipeline capacity equal to half European demand

https://asia.nikkei.com/Business/En...ussian-gas-to-curb-dependence-on-Quad-members

 

[dukkha]

Building and upgrading pipeline capacity takes many years, and even after upgrading capacity, Russian exports of gas to China will only replace about half of European demand

Putin gets more NATO expansion for his troubles
we get a military and strategic bond between Russia and China that we misplayed into
Ukraine loses "transit fees" and gets pulverized
Western Europe gets more expensive energy sources as supplies are imported by tanker instead of pipeleine
Great Northern Sea is a long term soluton
more pipelines under construction between Russia and China'
If Australia shifts to Europe, more LNG tankers even if is goes around the Horn from Russia

It's a yuge reshuffling of the deck- everyone loses
We send more money to Ukraine to make up for transit fee loses