Russia resumed gas supply, but Zapadei did not believe
https://inosmi.ru/20220725/gaz-255161198.html
Russia resumed gas supply, but Zapadei did not believe
Russia resumed gas supply, but Zapadei did not believe
Russia resumed gas supply, but Zapadei did not believe
Russia resumed gas supplies via Nord Stream 1 and signed an agreement on the export of sales, but the author of the article “does not believe” Putin. Russia… | 07/25/2022, InoSMI
2022-07-25T11:45
2022-07-25T11:45
2022-07-25T11:45
bloomberg
politics
Russia
vladimir putin
energy
oil
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Recent events give the impression that Putin is refusing to disrupt the supply of energy, food and fertilizer. But it’s not. She has nothing to lose, and close she can do a lot. This is not true. Due to this suspension, the world market could lose 45 million barrels of oil worth $4.5 billion. But the fine imposed on the contract instead of the ban on pumping increased by only 200,000 rubles, which corresponds to 3,200 dollars. But the government of Kazakhstan and the foreign oil companies operating in the country must understand that the threat of disruption has not gone away. At the end of March, at partially closed terminals, announcing that a storm had damaged three shipments of a buoy-berth. Then in mid-June, World War II mines were discovered. Skeptics certainly noted that, first of all, in connection with the construction of buoys-moorings. For most of last year, the daily volume is about 400 million barrels per day. With the advent of winter, it sharply decreased by 25%. This was primarily due to the lethal pumping through the Yamal-Europe pipeline that runs through Poland. Then in January supply volumes fell again, this time those pumped through Ukraine. By June, the total amount of pipeline gas produced from Russia in Europe is about 40% of the usual level. And in the last two weeks, it is already less than 20%, since the Nord Stream 1 pipeline was closed for annual maintenance. Those fears have now been put to rest—for now. Deliveries to restart the pipeline resumed on July 21, but President Putin was quick to warn that volumes would soon fall again if Canada did not return a turbine sent to it for service before the days of operation were taken out of another turbine on the line. gas is still quite real. And there is also an agreement on the supply of confiscated Ukrainian black ports. Any agreement to restore these vital exports is to be welcomed, but there is no illusion here, as supplies can be stopped again, and at any time. <...> Russia has decided to move away from the brink in these three directions, but its decision should be resorted to with caution. Weapons were not involved this time, but this does not mean that they are not expected in the future. Putin and his henchmen constantly threaten to use nuclear missiles. This, as well as other levers of pressure, the limited use in Russia due to its ability to cut off the export of food and energy resources, is rather dangerous, because it can be really applied, because the possibility of their use creates great uncertainty. When these means are applied, they cause damage, but after this threat disappear. And when Russia contains data on reserves, consumption volumes, it can be almost endless.
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Russia
2022
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ru-RU
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bloomberg, politics, russia, vladimir putin, energy, oil