Members banned from this thread: evince, domer76, archives, Nomad, Micawber, ThatOwlWoman, Jade Dragon and Oneuli


Page 1 of 5 12345 LastLast
Results 1 to 15 of 70

Thread: Germany Wobbles on Russian Gas Pipeline as Trump Pressure Starts to Bite

  1. #1 | Top
    Join Date
    Apr 2009
    Posts
    108,120
    Thanks
    60,501
    Thanked 35,051 Times in 26,519 Posts
    Groans
    47,393
    Groaned 4,742 Times in 4,521 Posts
    Blog Entries
    61

    Default Germany Wobbles on Russian Gas Pipeline as Trump Pressure Starts to Bite

    .
    It truly makes much laugh when you get the usual arseholes claiming that Trump is l controlled by Putin. However if you ask them why is the Trump admin putting so much pressure to abandon the Nordstream 2 gas pipeline all you get is silence.


    Nord Stream 2, an $11 billion project that will double the natural gas supply under the Baltic Sea to Germany, faces growing skepticism among German officials who had previously defended it against criticism from Trump and some European Union allies, according to senior lawmakers. The shift could translate into pressure on Merkel’s government to back down on the controversial pipeline and possibly delay its implementation.

    Social Democratic lawmaker Nils Schmid, whose party has been a reliable supporter of the project, said too many decision-makers in Berlin had been slow to factor in Nord Stream’s geopolitical significance. It will reduce the volume of gas pumped through Ukraine as Russia attempts to stifle its neighbor’s economy by depriving it of lucrative transit fees.

    The 1,220 kilometer (758-mile) Nord Stream 2 undersea link to Germany initiated by Russia in 2015.Source: Gazprom
    “The debate in Germany has become more critical,” Schmid, the junior coalition party’s point man on foreign policy, said in an interview, adding that the project shouldn’t go forward until Russia and Ukraine reach a transit accord. “It would have been better to take this political dimension into account.”

    Russia’s ‘Captive’
    The 1,200-kilometer (750-mile) undersea pipeline -- being constructed by Russia’s Gazprom PJSC to bolster German supplies as Norwegian, Dutch and domestic sources dry up -- has been pilloried by some of the country’s allies, who say it bolsters Europe’s reliance on Russian energy and bypasses key partners such as Ukraine. Trump has blasted the project as holding Germany “captive” to Russia.

    The ground is shifting, with an ever more fraught relationship with Russian President Vladimir Putin, particularly since the November seizure of two dozen Ukrainian sailors near the Sea of Azov. Merkel, who has sparred with Putin since the 2014 annexation of Crimea from Ukraine, is demanding the release of the naval personnel.

    The Azov incident in the Kerch Strait has soured prospects that Merkel’s diplomacy can scale back the conflict in eastern Ukraine, according Juergen Hardt, a lawmaker in Merkel’s Christian Democratic Union who speaks on foreign affairs.

    Unfulfilled Hopes
    “The events on the Kerch Strait at least showed me that these are unfulfilled hopes,” Hardt said in an interview. “Russia, in my view, isn’t moving a millimeter from its objectives.”

    Hardt said Germany’s governing parties need to find consensus with the European Commission on energy diversification and reliance on Russian gas. He also questioned the economic viability of Nord Stream, poking holes in the government’s previous defense of the project.

    Merkel shifted her position on Nord Stream last April, acknowledging the political dimensions of the pipeline and departing from her previous insistence that it was solely a business venture by private investors. The project must not weaken Ukraine by disrupting its gas transmission system, she said at the time.

    Richard Grenell, the U.S. ambassador to Germany, welcomed the more skeptical view in Berlin, saying the pipeline project undermines the EU’s energy and security objectives.

    Russian Influence
    “There is not only Russian gas coming through the pipeline, but also Russian influence,” Grenell said in a statement to Bloomberg News. “Now is not the time to reward Moscow.”

    The U.S. administration has indicated that sanctions on the pipeline are imminent. Trump brought tensions over Nord Stream into full view at last July’s NATO summit, raising the issue as he attacked Merkel over Germany’s slack defense spending.

    U.S. restrictions would potentially hit companies in Austria, France, Germany and the Netherlands. Royal Dutch Shell Plc, BASF SE’s Wintershall unit, Uniper SE, OMV AG and Engie SA are Gazprom’s partners in the project. The Russian gas giant reported a record 201 billion cubic meters of gas exports to Europe in 2018 and plans to maintain those volumes into 2020.

    Simmering Tensions
    Schmid maintained that the project, which would double the 55 billion cubic meters of natural gas flowing through the original Nord Stream pipeline that opened in 2011, isn’t in danger. He also defended SPD support, particularly in Germany’s east where, the pipeline makes landfall. But simmering geopolitical tensions are having an effect in Germany.

    “Something has changed,” Peter Beyer, the German government’s coordinator for trans-Atlantic relations, said in an interview. He attributed the mood shift on Nord Stream as much to concern about leaving EU allies out in the cold as with Russia’s recent maneuvers. Merkel’s government may have to adjust to the demands of those taking a harder line on Nord Stream, he said.
    https://www.bloomberg.com/news/artic...pressure-tells

  2. The Following User Says Thank You to cancel2 2022 For This Post:

    Darth Omar (01-18-2019)

  3. #2 | Top
    Join Date
    Feb 2018
    Posts
    19,925
    Thanks
    9,718
    Thanked 8,879 Times in 6,106 Posts
    Groans
    105
    Groaned 594 Times in 580 Posts
    Blog Entries
    4

    Default

    Quote Originally Posted by Havana Moon View Post
    .
    It truly makes much laugh when you get the usual arseholes claiming that Trump is l controlled by Putin. However if you ask them why is the Trump admin putting so much pressure to abandon the Nordstream 2 gas pipeline all you get is silence.



    https://www.bloomberg.com/news/artic...pressure-tells

    LOLOL.. Where does Trump want them to buy natural gas? They have already maxed out Brent.
    He who is the author of a war lets loose the whole contagion of hell and opens a vein that bleeds a nation to death. Thomas Paine

  4. The Following User Groans At kudzu For This Awful Post:

    cancel2 2022 (01-17-2019)

  5. #3 | Top
    Join Date
    Apr 2009
    Posts
    108,120
    Thanks
    60,501
    Thanked 35,051 Times in 26,519 Posts
    Groans
    47,393
    Groaned 4,742 Times in 4,521 Posts
    Blog Entries
    61

    Default

    Quote Originally Posted by kudzu View Post
    LOLOL.. Where does Trump want them to buy natural gas? They have already maxed out Brent.
    I knew you couldn't resist adding your two pennorth. Of course as I stated no-one will address the main point I raised. Neither will you of course, instead you will fly off at a tangent and tell us all about topsoil stealing by the Joos.

  6. The Following User Says Thank You to cancel2 2022 For This Post:

    Darth Omar (01-18-2019)

  7. #4 | Top
    Join Date
    May 2012
    Location
    life
    Posts
    52,794
    Thanks
    13,341
    Thanked 22,579 Times in 15,814 Posts
    Groans
    249
    Groaned 1,951 Times in 1,862 Posts

    Default

    Social Democratic lawmaker Nils Schmid, whose party has been a reliable supporter of the project, said too many decision-makers in Berlin had been slow to factor in Nord Stream’s geopolitical significance. It will reduce the volume of gas pumped through Ukraine as Russia attempts to stifle its neighbor’s economy by depriving it of lucrative transit fees.
    Russia is a natural trading partner. Nordstream2 is most practical delivery route.
    Russiaphobia infects the west.

    What's the alternative? rerouting thru Ukraine? that makes absolutely no fiscal or geographical sense

  8. The Following User Says Thank You to anatta For This Post:

    kudzu (01-17-2019)

  9. #5 | Top
    Join Date
    Apr 2009
    Posts
    108,120
    Thanks
    60,501
    Thanked 35,051 Times in 26,519 Posts
    Groans
    47,393
    Groaned 4,742 Times in 4,521 Posts
    Blog Entries
    61

    Default

    Quote Originally Posted by anatta View Post
    Russia is a natural trading partner. Nordstream2 is most practical delivery route.
    Russiaphobia infects the west.

    What's the alternative? rerouting thru Ukraine? that makes absolutely no fiscal or geographical sense
    Germany has become overdependent on Russian gas, it's a security issue. Anyway don't you find it strange how these idiots claim that Trump is led by Putin but won't come near this?

  10. The Following User Says Thank You to cancel2 2022 For This Post:

    Darth Omar (01-18-2019)

  11. #6 | Top
    Join Date
    May 2012
    Location
    life
    Posts
    52,794
    Thanks
    13,341
    Thanked 22,579 Times in 15,814 Posts
    Groans
    249
    Groaned 1,951 Times in 1,862 Posts

    Default

    Quote Originally Posted by Havana Moon View Post
    Germany has become overdependent on Russian gas, it's a security issue. Anyway don't you find it strange how these idiots claim that Yrumonus control led by Putin but won't come near this?
    These idiots have no understanding of Russia, and only a comic book comprehension of Putin's actions
    The US intel agencies don't help either with "zero sum" analysis.

    But to the issue. Pipelines can be turned off. and what benefit does it do anyone to cripple the Russian economy?
    We can always ship LNG carriers if need be

  12. #7 | Top
    Join Date
    Apr 2009
    Posts
    108,120
    Thanks
    60,501
    Thanked 35,051 Times in 26,519 Posts
    Groans
    47,393
    Groaned 4,742 Times in 4,521 Posts
    Blog Entries
    61

    Default

    Quote Originally Posted by anatta View Post
    These idiots have no understanding of Russia, and only a comic book comprehension of Putin's actions
    The US intel agencies don't help either with "zero sum" analysis.

    But to the issue. Pipelines can be turned off. and what benefit does it do anyone to cripple the Russian economy?
    We can always ship LNG carriers if need be
    Germany are the fools that allowed the Greens to shut down nuclear resulting in an over dependence on coal and gas. The Energiewende has been a true disaster that Merkel instigated. It is never a good idea to allow your vital energy interests to be dependent on a potential enemy.

  13. #8 | Top
    Join Date
    Feb 2018
    Posts
    19,925
    Thanks
    9,718
    Thanked 8,879 Times in 6,106 Posts
    Groans
    105
    Groaned 594 Times in 580 Posts
    Blog Entries
    4

    Default

    Quote Originally Posted by anatta View Post
    Russia is a natural trading partner. Nordstream2 is most practical delivery route.
    Russiaphobia infects the west.

    What's the alternative? rerouting thru Ukraine? that makes absolutely no fiscal or geographical sense
    I agree.. Its as simple as looking at a map.
    He who is the author of a war lets loose the whole contagion of hell and opens a vein that bleeds a nation to death. Thomas Paine

  14. The Following User Says Thank You to kudzu For This Post:

    dukkha (01-17-2019)

  15. #9 | Top
    Join Date
    Feb 2018
    Posts
    19,925
    Thanks
    9,718
    Thanked 8,879 Times in 6,106 Posts
    Groans
    105
    Groaned 594 Times in 580 Posts
    Blog Entries
    4

    Default

    Quote Originally Posted by anatta View Post
    These idiots have no understanding of Russia, and only a comic book comprehension of Putin's actions
    The US intel agencies don't help either with "zero sum" analysis.

    But to the issue. Pipelines can be turned off. and what benefit does it do anyone to cripple the Russian economy?
    We can always ship LNG carriers if need be
    Russia needs to sell gas.. They can't eat it.
    He who is the author of a war lets loose the whole contagion of hell and opens a vein that bleeds a nation to death. Thomas Paine

  16. #10 | Top
    Join Date
    Jul 2017
    Posts
    43,479
    Thanks
    12,574
    Thanked 23,756 Times in 16,563 Posts
    Groans
    249
    Groaned 1,622 Times in 1,532 Posts

    Default

    Quote Originally Posted by Havana Moon View Post
    Germany are the fools that allowed the Greens to shut down nuclear resulting in an over dependence on coal and gas. The Energiewende has been a true disaster that Merkel instigated. It is never a good idea to allow your vital energy interests to be dependent on a potential enemy.
    ya. I agree on "diversification" - but didn't Germany also agree to buy US nat gas? Greens are idiots

    In Win for Trump, Merkel Changes Course on U.S. Gas Imports
    https://www.wsj.com/articles/in-win-...rts-1540209647

  17. #11 | Top
    Join Date
    Jul 2017
    Posts
    43,479
    Thanks
    12,574
    Thanked 23,756 Times in 16,563 Posts
    Groans
    249
    Groaned 1,622 Times in 1,532 Posts

    Default

    Quote Originally Posted by kudzu View Post
    Russia needs to sell gas.. They can't eat it.
    they do.
    my point is that crippling the Russian economy does not help the west, it just drives them closer to China for relief

  18. The Following User Says Thank You to dukkha For This Post:

    kudzu (01-18-2019)

  19. #12 | Top
    Join Date
    Apr 2009
    Posts
    108,120
    Thanks
    60,501
    Thanked 35,051 Times in 26,519 Posts
    Groans
    47,393
    Groaned 4,742 Times in 4,521 Posts
    Blog Entries
    61

    Default

    Quote Originally Posted by anatta View Post
    Russia is a natural trading partner. Nordstream2 is most practical delivery route.
    Russiaphobia infects the west.

    What's the alternative? rerouting thru Ukraine? that makes absolutely no fiscal or geographical sense
    The route is not the issue, the dependence of countries like Germany on Russian gas is, how is that hard to understand?

  20. #13 | Top
    Join Date
    Apr 2009
    Posts
    108,120
    Thanks
    60,501
    Thanked 35,051 Times in 26,519 Posts
    Groans
    47,393
    Groaned 4,742 Times in 4,521 Posts
    Blog Entries
    61

    Default

    Quote Originally Posted by noise View Post
    ya. I agree on "diversification" - but didn't Germany also agree to buy US nat gas? Greens are idiots

    In Win for Trump, Merkel Changes Course on U.S. Gas Imports
    https://www.wsj.com/articles/in-win-...rts-1540209647
    Trump leaned on them they wouldn't have done so otherwise.

  21. #14 | Top
    Join Date
    Jul 2017
    Posts
    43,479
    Thanks
    12,574
    Thanked 23,756 Times in 16,563 Posts
    Groans
    249
    Groaned 1,622 Times in 1,532 Posts

    Default

    Quote Originally Posted by Havana Moon View Post
    The route is not the issue, the dependence of countries like Germany on Russian gas is, how is that hard to understand?
    I just answered you on diversification.

    Over breakfast this month, the chancellor told a small group of lawmakers her government had decided to co-finance the construction of a €500 million ($576 million) liquefied natural gas shipping terminal in northern Germany, according to people familiar with the meeting, giving a crucial nudge to a project that had failed to get off the ground for years in a country that gets most of its gas cheaply from Russia.
    https://www.wsj.com/articles/in-win-...rts-1540209647

  22. #15 | Top
    Join Date
    Jul 2017
    Posts
    43,479
    Thanks
    12,574
    Thanked 23,756 Times in 16,563 Posts
    Groans
    249
    Groaned 1,622 Times in 1,532 Posts

    Default

    Quote Originally Posted by Havana Moon View Post
    Trump leaned on them they wouldn't have done so otherwise.
    which might explain the wobbling from Berlin? Looks like they are rethinking it.
    My personal opinion is they are on the right course with the pipeline and diversification both.

  23. The Following User Says Thank You to dukkha For This Post:

    kudzu (01-18-2019)

Similar Threads

  1. Trump's trade war could take a gigantic bite out of the US economy
    By Guno צְבִי in forum General Politics Forum
    Replies: 21
    Last Post: 11-28-2018, 04:43 PM
  2. Replies: 69
    Last Post: 09-27-2018, 10:54 AM
  3. Replies: 7
    Last Post: 06-17-2018, 08:26 AM
  4. germany warns of Russian hacking in election
    By evince in forum Current Events Forum
    Replies: 12
    Last Post: 07-10-2017, 03:02 PM
  5. Replies: 19
    Last Post: 12-27-2016, 02:37 PM

Bookmarks

Posting Rules

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •