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Russia just pulled out of the Petrodollar and stopped gas to Europe

Steve
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Russia just pulled out of the Petrodollar and stopped gas to Europe

Cant find an article through the usual media outlets at the present time...
Russian gas transit to Europe via Ukraine will be stopped. This was announced by the head of "Gazprom"
Quote
Now the Ukrainian gas transportation system is the main channel for Russian gas supplies to its main customer - the European Union. We are talking about a volume of 63 billion cubic meters per year. Total in 2013 "Gazprom" has sold to Europe 161.5 billion cubic meters of gas. In 2014, according to preliminary estimates, the volume of shipments fell by about 10 percent. The remaining volumes are supplied by pipeline running through Belarus, Turkey and the "Nord Stream" (under the Baltic Sea to Germany).


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Re: Russia just pulled out of the Petrodollar and stopped gas to Europe

Quote from: M
Cant find an article through the usual media outlets at the present time...

Cheesy Cheesy
There's probably a reason for this  Grin
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Re: Russia just pulled out of the Petrodollar and stopped gas to Europe

Steve
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Re: Russia just pulled out of the Petrodollar and stopped gas to Europe

Thanks Oldjim
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Re: Russia just pulled out of the Petrodollar and stopped gas to Europe

good old uncensored reliable maintream uk media eh.
Steve
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Re: Russia just pulled out of the Petrodollar and stopped gas to Europe

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Re: Russia just pulled out of the Petrodollar and stopped gas to Europe

Quote from: chrcoluk
good old uncensored reliable maintream uk media eh.

SWMBO has been reading about this on Ukrainian sites.
She doesn't believe it will happen partly because of costs but also because, according to what she has read, Turkey want 50% of the profits. I can't find any link in English to verify this, though.

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Re: Russia just pulled out of the Petrodollar and stopped gas to Europe

Quote from: M
Yeah no Daily Mail for once lol  http://uk.businessinsider.com/russia-turkey-black-sea-pipeline-2015-1?r=US

They have reported it - although made a number of incorrect claims.
Quote from: chrcoluk
good old uncensored reliable maintream uk media eh.

Because 1) It won't affect the UK and 2) It's just another game by Putin - the key word is "plans" - Russia has not turned off gas supplies to Europe.
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Re: Russia just pulled out of the Petrodollar and stopped gas to Europe

I hate to do this...... BUT..... M.Steve should be a reporter for the Daily Mail.....
His title is inaccurate, and misleading..... because... of this....
Quote

Russia has said it will stop EU gas transit via Ukraine and do it via Turkey instead


taken from the first line of the report by this on line news https://euobserver.com/news/127216 ; under their headline
Quote

Russia to cut EU gas transit via Ukraine

It does not mean Russia has stopped gas supplies to the Eurozone.... only that it is not going via Ukraine.

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Re: Russia just pulled out of the Petrodollar and stopped gas to Europe

anyway the topic title is way misleading.
They basically will only cutoff in 2 years time if the EU doesnt build new pipes to turkey.
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Re: Russia just pulled out of the Petrodollar and stopped gas to Europe

by which time, the political sphere may well have changed completely.....
Steve
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Re: Russia just pulled out of the Petrodollar and stopped gas to Europe

How is the topic and/or title misleading?
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Re: Russia just pulled out of the Petrodollar and stopped gas to Europe

are you a reporter?
obviously its misleading, it implies russia has immediately cutoff supplies.
Steve
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Re: Russia just pulled out of the Petrodollar and stopped gas to Europe

Vladimir Putin ordered the Russian state energy giant Gazprom to cut supplies to and through Ukraine amid accusations, according to The Daily Fail, that its neighbour has been siphoning off and stealing Russian gas. Due to these “transit risks for European consumers in the territory of Ukraine,” Gazprom cut gas exports to Europe by 60%, plunging the continent into an energy crisis “within hours.”
Perhaps explaining the explosion higher in NatGas prices (and oil) today, gas companies in Ukraine confirmed that Russia had cut off supply; and six countries reported a complete shut-off of Russian gas. The EU raged that the sudden cut-off to some of its member countries was “completely unacceptable,” but Gazprom CEO Alexey Miller later added that Russia plans to shift all its natural gas flows crossing Ukraine to a route via Turkey; and Russian Energy Minister Alexander Novak stated unequivocally, “the decision has been made.”
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Re: Russia just pulled out of the Petrodollar and stopped gas to Europe

There is your mistake, using the mail as your source.