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Russia cuts off gas to Europe


Lord Umbarger

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Here, have a gold star!
Thank you! Can I trade it in for some heating oil? LOL!
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Next announcement would be that Russia still is unable to supply gas to Europe, even if the observers control the taps. The reason to this is that Russia and Ukraine have no valid gas transportation contract - the old one, in which Ukraine was charging $1.6 per million cubs per 100 km was just outlawed by Ukrainian court, and they are trying to negotiate the transit fee from scratch.

But the above negotiations are strongly depended on the price Ukraine would be paying for the gas supplied according the another contract, supplies to Ukraine itself. Russia offers gas at $450 per million cubes and transit fee of about $3.50 (in Europe normal fee is $4-$4.50). Moreover, in order to transport gas to Europe Ukraine has to buy some gas from Russia to ensure this transportation, purely technical issue - but so far it is unclear at which price!!!

Is not it cute? Today it is 14th already (at least in my calendar), but there is still no gas to Europe! Woohoo! I am a Nostradamus! I knew I would be right on this... but I have absolutely no clue of what might be next. Partition of Ukraine? Introduction of the tanks to control the pipelines? Rebellion in Russian-populated areas? Coup-d-etait in Ukraine? WW3? All depends on weather - if it warms up, we may escape all the above. For now.

Meanwhile, Gazprom speaker quoted the article in a recently-signed US-Ukraine Chart, which appoints Ukraine as a Chief Gaz Transporter to Europe - so instead of blaming Russia and Ukraine, EU must look closer to whom US appoints to deal with them on energy! Perhaps if EU wants gas, it must first talk to State Department, not to Gazprom at all.

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Is not it cute? Today it is 14th already (at least in my calendar), but there is still no gas to Europe! Woohoo! I am a Nostradamus! I knew I would be right on this... but I have absolutely no clue of what might be next. Partition of Ukraine? Introduction of the tanks to control the pipelines? Rebellion in Russian-populated areas? Coup-d-etait in Ukraine? WW3? All depends on weather - if it warms up, we may escape all the above. For now.

Meanwhile, Gazprom speaker quoted the article in a recently-signed US-Ukraine Chart, which appoints Ukraine as a Chief Gaz Transporter to Europe - so instead of blaming Russia and Ukraine, EU must look closer to whom US appoints to deal with them on energy! Perhaps if EU wants gas, it must first talk to State Department, not to Gazprom at all.

Russian special forces in Gazprom security uniforms--that's what's next.

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Russian special forces in Gazprom security uniforms--that's what's next.

Impossible! Amid the crisis Russia does not have enough Rolexes and Porsches to equip them all. I think they would be dressed like typical Ukrainians.

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