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Meanwhile, Gazprom Sends Ukraine A New Invoice

Tyler Durden's picture




 

As the day of the IMF's release of funds to Ukraine draws near - solving all their problems with yet more debt, we are told to believe - Russia's Gazprom has gently reminded the Ukrainian government that it owes them... $3.49 billion! and its due the 7th day of May!

 

  • *GAZPROM SAYS UKRAINE OWES $3.49B FOR GAS AS OF APRIL 30

As Bloomberg reports,

Gazprom preliminary estimate includes bill for natgas supplied in April, spokesman Sergei Kupriyanov says by e-mail.

 

The deadline for monthly payments 7th day of next mo., according to supply contract

 

Gazprom estimates Ukraine’s overdue debt through March at over $2.2b

 

Ukraine imported ~2.6bcm of natgas in April, Bloomberg calculations based on data from Russian Energy Ministry’s CDU-TEK unit; gas valued at ~$1.3b, based on current price charged by Gazprom

 

Gazprom raised price for Ukraine to $485/kcm as of April 1 vs $268.50/kcm

Just how is Washington going to cope when all it's "aid" is flushed straight through to the nation whose economy it is trying to cause "costs" to via sanctions...?

 

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Wed, 04/30/2014 - 09:39 | 4711637 Looney
Looney's picture

Tick-tock… The clock is ticking… On April 10, Putin gave the EU 30 days to pay for the Ukrainian gas ($2.2 Billion) and to start paying IN ADVANCE for all future gas sales to Ukraine.

Tick-tock… There are only 10 days left and the NEW amount is $3.5 BILLION!!!

Tick-tock…

Tick-phuckin’-tock… ;-)

Looney

http://www.zerohedge.com/news/2014-04-10/putin-warns-europe-no-alternative-will-cut-gas-supplies

 

Correction: only 7 days left! ;-)

Wed, 04/30/2014 - 10:56 | 4711993 Patriot Eke
Patriot Eke's picture

Call me crazy too, but something tells me Putin will keep his word.  His "red lines" will not be like Obama's.

Edit:  How much does timber go for these days?  Maybe Europe can profit by clear cutting some forest.  The Russian tanks will appreciate it too.  /sarc

Wed, 04/30/2014 - 10:57 | 4712017 knukles
knukles's picture

If I don't pay my gas bill, they shut it off.
So WTF is new here?
Russians are bad because they wanna be paid?
Ukraine is a deadbeat?

BFD

Wed, 04/30/2014 - 11:03 | 4712068 SAT 800
SAT 800's picture

I'm Rootin for Putin !  Are you too ?

Wed, 04/30/2014 - 18:54 | 4714103 StychoKiller
StychoKiller's picture

I'm beginning to think that Kerry and the Obamatron are Russian moles!

Wed, 04/30/2014 - 20:51 | 4714430 knukles
knukles's picture

Just beginning?

Wed, 04/30/2014 - 10:52 | 4711997 Bernoulli
Bernoulli's picture

Love it

Wed, 04/30/2014 - 09:51 | 4711725 Mark Carney
Mark Carney's picture

A sign of things to come.

 

Gold price shock will come soon enough when the bigs start taking hits.........LIKE NOW!

Barrick Gold Corp (ABX.TO:Quote) reported a dramatic drop in first-quarter earnings on Wednesday 

 

First-quarter profit at Barrick Gold shrank 90 per cent, underscoring the tough environment for world’s largest gold producer following the end of merger talkswith its closest rival.

Wed, 04/30/2014 - 11:29 | 4712205 dogbreath
dogbreath's picture

with 32% of this  http://www.mining.com/newmont-acquires-ownership-of-novo-resources-98483/

 

Newmont is stupid to merge with ABX

Wed, 04/30/2014 - 10:03 | 4711794 JRobby
JRobby's picture

Date: Year 5.5 of the realization of being fucked for all time.

Well they waited until summer anyway...............surly this whole thing can be sorted out in 6 months...........

Wed, 04/30/2014 - 10:07 | 4711811 swmnguy
swmnguy's picture

Surly indeed.  And stop calling me Francine.

Wed, 04/30/2014 - 10:48 | 4711978 nowhereman
nowhereman's picture

So German industries that rely on natgas just go on extended vacation until this gets sorted out?  Didn't I read somewhere that the EU is turning away from Nuclear power and converting to natgas?  Watch for brown outs this summer when the airconditioners shut down and the old folks begin to perish in France.

Wed, 04/30/2014 - 10:19 | 4711853 SAT 800
SAT 800's picture

I'm Rootin for Putin ! Let's make it a chant. Let's go viral. Get bumper stickers. Go to Washington and chant "We're Rootin for Putin". Who's with me?

Wed, 04/30/2014 - 11:05 | 4712086 mendolover
mendolover's picture

I might if it didn't mean Russia and China up OUR ass someday.

Wed, 04/30/2014 - 16:49 | 4713686 Oracle 911
Oracle 911's picture

I need to inform you, they are already there. So go ahead and chant and say thanks to the Western "leaders". :)

Wed, 04/30/2014 - 09:37 | 4711642 yogibear
yogibear's picture

Putin needs to increase the prices for the rest of Europe and not accept the US dollar or Euro.

Wed, 04/30/2014 - 09:43 | 4711670 NoDebt
NoDebt's picture

And send the invoice with a hand-written note that reads: "I must break you."

 

Wed, 04/30/2014 - 09:53 | 4711735 SumTing Wong
SumTing Wong's picture

And to think I was pissed about my property tax bill that came in last week. Hell it isn't even half of what Ukraine owes to Gazprom, so I'm probably in good shape.  

Wed, 04/30/2014 - 09:43 | 4711671 toady
toady's picture

And what about the petrodollar? Surely there would be consequences!

Wed, 04/30/2014 - 10:16 | 4711841 SAT 800
SAT 800's picture

One can only hope.

Wed, 04/30/2014 - 15:44 | 4713454 silvermail
silvermail's picture

And what about the petrodollar? Surely there would be consequences!

And what about the retrodollar? Surely there would be consequences!

 

Wed, 04/30/2014 - 10:17 | 4711844 SAT 800
SAT 800's picture

"Fuck off or Freeze"; would be good.

Wed, 04/30/2014 - 11:03 | 4712073 mendolover
mendolover's picture

WE are going to be fucking off and freezing thanks to these amateur bastards if they don't cut this shit out!

Wed, 04/30/2014 - 10:31 | 4711904 bonin006
bonin006's picture

Russia should just sanction adjust the NG price to all of Europe to go up at say 150% of the cost of US/Euro sanctions on it. That should end this farce in a hurry.

Wed, 04/30/2014 - 10:57 | 4712018 ILLILLILLI
ILLILLILLI's picture

Line item on bill:

"Sanction Surcharge"

Wed, 04/30/2014 - 11:11 | 4712113 SAT 800
SAT 800's picture

Perfect. Love it.

Wed, 04/30/2014 - 09:40 | 4711657 q99x2
q99x2's picture

Is Greece going to default.

Wed, 04/30/2014 - 09:45 | 4711678 NoDebt
NoDebt's picture

Unless you are the EU or the IMF, they already did.

Wed, 04/30/2014 - 09:40 | 4711658 jvetter713
jvetter713's picture

How is this worrisome?  If I could just print 100's each month to pay my bills i'd be golden.

Wed, 04/30/2014 - 09:44 | 4711677 Al Huxley
Al Huxley's picture

Exactly.  All the 'financial system bullshit' is mostly just geared towards complicating things enough that people miss the obvious truth.  Russia's countermove, as suggested - don't accept payment in infinitely printable currencies.

Wed, 04/30/2014 - 11:15 | 4712122 CrashisOptimistic
CrashisOptimistic's picture

That's coming, Al.

The gold wackos on ZH will be crushed when what the Russians demand in no way involves gold.

They'll demand shipped food.  Maybe cut rate labor for washing bathrooms.  Nannies for changing diapers.  Pretty much treat the EU foreign workers as the Saudis treat their Bangladeshi and Philippines labor.

Wed, 04/30/2014 - 18:58 | 4714118 StychoKiller
StychoKiller's picture

How you say "scroobing boobles" in Russian (translated from Polish?)

Wed, 04/30/2014 - 09:41 | 4711659 Sudden Debt
Sudden Debt's picture

JEEEZz!!! HOW MUCH GAS ARE THOSE GUYS USING???

ARE THEY RUNNING GASS CHAMBERS OR SOMETHING???

Wed, 04/30/2014 - 11:02 | 4712063 mendolover
mendolover's picture

No yet.

Wed, 04/30/2014 - 09:41 | 4711662 Bill of Rights
Bill of Rights's picture

Do they execpt Food Stamps?

Wed, 04/30/2014 - 09:41 | 4711663 Notsobadwlad
Notsobadwlad's picture

Ukraine should tell Gazprom to either get the money from the previous Russia backed government or send them into collection. I am sure the nasty-grams and phone calls from the collection agency will give them nightmares.

... Ukraine could probably care less what it does to their "credit score".

Wed, 04/30/2014 - 09:45 | 4711680 Al Huxley
Al Huxley's picture

...but there is an outside chance they might need some natural gas next month.

Wed, 04/30/2014 - 10:50 | 4711987 CrashisOptimistic
CrashisOptimistic's picture

I think the figure was 44% of their electricity is generated from nat gas.

The rest coal.

And they don't generate enough for their consumption; the rest comes from the Russian grid.

Wed, 04/30/2014 - 09:46 | 4711688 DeadFred
DeadFred's picture

Yes, it's warm this time of year, why do they need gas anyway?

Wed, 04/30/2014 - 18:59 | 4714122 StychoKiller
StychoKiller's picture

Lotta businesses & electric generators use Natgaz...

Wed, 04/30/2014 - 10:16 | 4711843 JRobby
JRobby's picture

Credit score (hysterical laughtrack in the background getting louder and louder)

FICO = Fair (a word with no actual meaning) Isaac (a Biblical character, son of Abraham) Corporation ( a non=person entity created to shield actual personal entities from liability)

Wed, 04/30/2014 - 13:36 | 4712805 scam_MERS
scam_MERS's picture

Just send the water bill for Crimea to Putin, that should about cover it.

Wed, 04/30/2014 - 09:44 | 4711672 Billy Sol Estes
Billy Sol Estes's picture

Just like Comcast, the bill keeps growing for the same service provided.

Wed, 04/30/2014 - 09:59 | 4711775 toady
toady's picture

But competition was supposed to ensure that prices would come down!

Wed, 04/30/2014 - 10:19 | 4711854 swmnguy
swmnguy's picture

Erm, yeah.  About that competition.

Last year Comcast switched our local signal to all digital, so we had to get Digital Transport Adapters for all TVs.  I found it worked OK on my 20 years-old analog tv in the bedroom, but the signal looked horrible on my HDTV set.  I also found with the digital tuner, the HDTV didn't need to use the DTA. Just hooking the cable out of the wall into the tv, I got full HD on the local channels.  I have the cheapest plan, $24.50/month, and I get all the local channels and sub-channels, plus some crap like CNN, WGN, WTBS, and the public service junk.

Last week I saw Comcast's service truck in the alley, messing with something on the pole.  Yesterday morning all channels came up blue on the HDTV, with the word "Scrambled" floating around.  Only one channel worked; Comcast's channel, telling me I needed the DTA.  So I got the DTA out of the basement and put it inline.  It works, but the picture is terrible.  It's all at VHS-tape resolution at best, either 3:4 with bars on the side, or undersized 9:16, with black all around all 4 siides.  Clearly they converted the signal to all-digital last year, but yesterday they started scrambling the signal, and the DTA unscrambles it but down-converts it to a low-definition signal that looks OK on a 20 year old standard-def tv but looks awful on a modern tv.

Tech support was, as expected, worthless.  They ended up telling me to go to their local store.  OK.  No doubt they'll tell me that's just how it is, unless I subscribe to a higher level of service and rent a set-top descrambler box that won't down-convert the signal.  So they've pulled an overnight devaluation of my service.

Oh, well.  Looks like I'll be getting out the tinfoil and coat hangers, and saving myself $24.50 a month.

Wed, 04/30/2014 - 10:40 | 4711952 Cathartes Aura
Cathartes Aura's picture

consider TeeVee as addictive as crack, and Comcast is the supplier.

don't give 'em space in your mind, especially when you have to pay THEM for their use of that space. . .

Wed, 04/30/2014 - 11:15 | 4712132 TheMeatTrapper
TheMeatTrapper's picture

Gave up cable a long time ago. NetFlix and Roku keep the wife and kid placated. Anything I want to watch is so obscure it has to be downloaded anyway. 

Wed, 04/30/2014 - 11:34 | 4712224 StrangerThanFiction
StrangerThanFiction's picture

Get an antenna and drop cable. I'm south of Montréal and I get 25 channels off the air all HD 720p and 1080i, better than cable.

Wed, 04/30/2014 - 19:03 | 4714131 StychoKiller
StychoKiller's picture

Radio is still free and better stations can be found on the internet! (http://www.kuvo.org)

Wed, 04/30/2014 - 19:51 | 4714240 MeelionDollerBogus
MeelionDollerBogus's picture

What a waste.
I'd cut the TV entirely and switch to torrent files with a decently sized monitor.
Interlacing sucks for viewing so not being stuck to NTSC is also a bonus.

Wed, 04/30/2014 - 10:18 | 4711848 JRobby
JRobby's picture

For declining services is my personal experience.

Wed, 04/30/2014 - 09:44 | 4711674 Kina
Kina's picture

Hang on, I will just type that into MYOB, and print out the invoice.

Wed, 04/30/2014 - 09:45 | 4711679 A_Nejad
A_Nejad's picture

I still don't see the method of payment for those $ values.  Russia said no more dollar transactions....long rubel!! :)

Wed, 04/30/2014 - 09:45 | 4711683 Skin666
Skin666's picture

Cough up US taxpayers. The Ukrainians are getting cold

Wed, 04/30/2014 - 09:53 | 4711687 Matt_Master
Matt_Master's picture

The future is going to be looking like the past for Ukraine....time to go long stone age tools

Wed, 04/30/2014 - 09:51 | 4711702 Kina
Kina's picture

I think it is bad news for NATO and US if they think they can worry Russia with all those planes going from this.....and they would have known this for a number of years now...it seems... if this is even only 10% true..

 

https://www.youtube.com/watch?v=27qdB1D0s9M

The Truth About the Useless F-35 & F-22

Uploaded on 29 Jan 2010

http://www.youtube.com/user/PowerRossiya
Then Truth Revealed by the United States Department of Defense, the United States Air Force (USAF), the Royal Australian Air Force (RAAF) and the US RAND Corporation Research ANd Development, US and Australia Pacific Vision data.

The exercise PACAFs Pacific Vision on sept 25/08 revealed the United States air superiority is just a fantasy. The exercise was consisted of face the Red Team one hundred Su-27SM, four Su-30 and two Su-35 against Blue Team one hundred F-35, one hundred eighty seven F-22 and four hundred F/A-18E/F. The exercise showed the blue team higher in number of aircraft is double inferior when hundreds of Blue Forces aircraft were lost in the first 20 minutes downed by the Red Forces., on the other hand only 12 aircraft was downed in the Red Team.

Pacific Vision effect the production of the F-22 was canceled and the F-35 project not longer receives investment all since 2008 by Barack Hussein Obama II and Robert Michael Gates.

Watch why F-22 is canceled in the next link - http://www.youtube.com/watch?v=bL5jAx...

Watch Russian 5th gen stealth fighter Sukhoi T-50 PAK FA in the next link - http://www.youtube.com/watch?v=KJRZBJ...

Watch Chinese 5th gen stealth fighter Chengdu J-20 in the next link - http://www.youtube.com/watch?v=slLtpO...

Watch After the cancellation of the F-22 the few remaining units still cause frustration in the USAF in the next link - http://www.youtube.com/watch?v=ICnR09...

Wed, 04/30/2014 - 09:55 | 4711750 A_Nejad
A_Nejad's picture

But, but...these Zio mouth bitch in here say Ruski got no chance against nato...Now who to believe?

Wed, 04/30/2014 - 11:39 | 4712253 IridiumRebel
IridiumRebel's picture

Well, you are going to see a "matchup" here pretty soon. 

Wed, 04/30/2014 - 10:15 | 4711833 SpanishGoop
SpanishGoop's picture

He, dual engines on those T-50 and J-20.

Makes more sense to me.

 

 

Wed, 04/30/2014 - 10:55 | 4712009 Ratscam
Ratscam's picture

you forgot the S500 surface to air missile. nothing beats its accuracy and speed. good bye any fighter jet.

Wed, 04/30/2014 - 12:14 | 4712431 scraping_by
scraping_by's picture

And, then too, there are the inevitable surprises. Like this: Remember a few years back when the Iranians downed a US drone over their airspace? The official story was that they spoofed it by hacking its control signal. There was some talk of fighters and some of washing out the control signal with overpowering carrier waves.

Either way, do you really think the Iranians did it with Iranian technology? Far more likely they've continued their Russian hardware deal and we've seen a version of a wholly new way to neutralize air power.

Wed, 04/30/2014 - 12:36 | 4712533 Volkodav
Volkodav's picture

Is there somewhere best articles on this Pacific Vision excercise?

Wed, 04/30/2014 - 09:50 | 4711720 CHX
CHX's picture

I'm sure that'll be Un-de-Un-de-Un-de [read "undies"]....-escalatory.

http://www.youtube.com/watch?v=9aXmFtIDQUo

Wed, 04/30/2014 - 09:51 | 4711726 machineh
machineh's picture

Pay now, before prices go up!

Hope our KongressKlowns have time to issue another loan guarantee by May 7th.

Wed, 04/30/2014 - 09:53 | 4711739 IndianaJohn
IndianaJohn's picture

People's Gas in Chicago cut off my gas after my wife spent our elecrtic and gas money on cocaine. Decades later, I still remember how that fiasco ended.   

Wed, 04/30/2014 - 10:22 | 4711864 swmnguy
swmnguy's picture

How did it end?  Did a bunch of Zionist Neo-Cons bring in neo-nazi street thugs to trash your neighborhood and beat up your ward's alderman?  And hand out cookies?

Wed, 04/30/2014 - 10:04 | 4711795 Meat Hammer
Meat Hammer's picture

"I've got your fucking sanctions."

-Vladimir Putin, as he points to his cock.

Wed, 04/30/2014 - 10:19 | 4711855 Jack Burton
Jack Burton's picture

Send the bill to the slut Nuland and her necon pals. When do energy producers start to demand asset back currency? Printed fiat in return for gas and oil? Who is the sucker at the table?

Wed, 04/30/2014 - 10:20 | 4711857 novictim
novictim's picture

Ukraine can subtract that from the massive BACK RENT owed by Russia for its illegal use of Crimea.

Wed, 04/30/2014 - 10:22 | 4711868 swmnguy
swmnguy's picture

How illegal?  They had a lease.  Russia didn't break it.

Wed, 04/30/2014 - 11:27 | 4712179 novictim
novictim's picture

.

Wed, 04/30/2014 - 11:26 | 4712180 novictim
novictim's picture

Russia raised the agreed to Gas Rate thus violating their contract.

...in addition, Russia is now renting the entire Crimea, not just the base. You Russians just lie and lie and lie...

Wed, 04/30/2014 - 13:05 | 4712672 swmnguy
swmnguy's picture

Well, there were a couple other things that went on between Point A and Point B that had an influence on all that, weren't there.

And what's with your shot at me as a Russian?  I'm an American.  My ancestors from Western Europe were all here by 1680.  Hell, I'm paying the bill to rev up all this bullshit upheaval in Ukraine, so I get an opinion.

Thu, 05/01/2014 - 04:24 | 4715142 dreadnaught
dreadnaught's picture

your CIA/Mossad smell is getting boring

Wed, 04/30/2014 - 10:52 | 4712004 mendolover
mendolover's picture

That's a good one novictim!

Wed, 04/30/2014 - 11:02 | 4712057 CrashisOptimistic
CrashisOptimistic's picture

You do realize that the Russians had a lease there?

Perhaps more compelling, the Crimea didn't pay its gas bill either.

Wed, 04/30/2014 - 11:23 | 4712175 novictim
novictim's picture

Comrade, you had a lease on the base. Now you have taken the entire peninsula. "Pay up, bitch."

Wed, 04/30/2014 - 11:34 | 4712221 CrashisOptimistic
CrashisOptimistic's picture

The price of gas, and oil, will be indexed above any number you quote.

BTW, shouldn't you be billing the folks to voted to secede?  They can take the bill and declare bankruptcy, expunging it.  Why can't you do the same?  Because you have to have more gas.  There are no volcanos in the Crimea making new land.

And further, do you have deeds to all that property?  You do realize right of conquest is a valid legal basis for ownership?

Wed, 04/30/2014 - 11:36 | 4712236 IridiumRebel
IridiumRebel's picture

I'm pretty good at trolling and can work from home. Can you PM me the link to apply for "internet troll" for the State Dept? I was hoping to supplement my income. 

Wed, 04/30/2014 - 11:40 | 4712264 Meat Hammer
Wed, 04/30/2014 - 10:33 | 4711895 tony wilson
tony wilson's picture

putin must pay israel and the jews of the world  compensation for hitler and ww2.

why?

just because godamit

 

 

Wed, 04/30/2014 - 11:30 | 4712206 novictim
novictim's picture

Yawn...yes yes, tonybaloney, we all know your anti-semitism.  Check!  Got it!

Do you have any original thoughts?  Or is it all going to just be these nonsequiters? 

Wed, 04/30/2014 - 11:35 | 4712231 CrashisOptimistic
CrashisOptimistic's picture

He doesn't bring much to the table.

Wed, 04/30/2014 - 11:42 | 4712273 cmb
cmb's picture

Jews should not treat russia like this., Russia was one of the countries that came in to help against the Nazis.  

Wed, 04/30/2014 - 19:07 | 4714140 MeelionDollerBogus
MeelionDollerBogus's picture

And a chief supplier of Khazars to fill the "right of return" queues.

Thu, 05/01/2014 - 04:23 | 4715140 dreadnaught
dreadnaught's picture

The Jews owe US plenty-meanwhile they are practicing GENOCIDE and the stealing of Palestinian land-are they gonna pay for it? NOT A CHNACE!! They are theives and liars

Wed, 04/30/2014 - 10:30 | 4711898 swass
swass's picture

I think this invoice is interpreted as net 30 (years)

Wed, 04/30/2014 - 10:36 | 4711924 nowhereman
nowhereman's picture

OK, this is just too ironic.  Or maybe plain genius.  Think about this, if you will;  You are Gazprom, you sell gas to Ukraine, you know there isn't a hope in hell they can pay their bill.  Russian intelligence people inform you that the amateur Nuland and the EU are trying to provoke a government overthrow.  You still following me?  Well Gazprom with the aide of Vlad the rascal, thinks "hey, I know how to get paid, let's allow the coup, making sure, of course, that Crimea is safe, and get the IMF, the EU and the Americans to pay the unpaid bill.

These guys are like ten steps ahead of everyone.  Priceless.

 

Wed, 04/30/2014 - 10:59 | 4712042 ThisIsBob
ThisIsBob's picture

Yea, they maybe got the bitch (or parts of her), but she comes with baggage.

Wed, 04/30/2014 - 10:43 | 4711966 mendolover
mendolover's picture

Merkel the impossible frump!  Tarpley is like listening to your favorite professor.

http://tarpley.net/warmonger-clique-exposed-kerry-samantha-power-gen.-ke...

Wed, 04/30/2014 - 11:12 | 4712116 mentiradaverdade
mentiradaverdade's picture

I hope that Europe has learned its lesson ...

 

Europe must not depend on the energy of countries without stability as Russia , which does not fulfill its promises in contract, imperialist and anti - commercial reasons Today is a price tomorrow is another price ... In the 21st century this is not the way to do it, unless want to lose the trust of other countries .

A good example is the Ukrainian who once again proves that the oligarchy have everything in your hand , they are playing with their government in a Russian imperialist dream .

 

If Europe wants to grow must be careful who signs trade agreements , even more energy.

 

The West has many problems, economically and politically speaking , but there are worse countries that keeps the population in the illusion .

 

For us to grow and humanity grow also , this kind of imperialist mentality, that literally want to justify the budget for the armed forces for a zombie population with the Soviet dream as a world power , makes no sense .

 

We are one planet, one race and politics want mediocrity further separate us . U.S. also are not no saints . But I thought that Russia had grown a bit more . Recently proved the opposite .

Not today, but tomorrow they will get what they deserve . They may have won the Crimea , are now trying to win the East , but will lose much more .. Give it time .. ?

 

Simply Russia said the following to the world: 

- We can do whatever we want. 

- In the past we had an international organization, minorities have the right to use violence to reach their dreams, The borders are gone .. You can attach slices of other countries as you wish. 

- Medieval Imperialism returned.

- What you promised today are not obliged to obey tomorrow

- Investment in weapons that is the best deal

- The strongest is the one who wins

- Forget the dream of peace, war is the future of humanity

Wed, 04/30/2014 - 11:38 | 4712249 CrashisOptimistic
CrashisOptimistic's picture

In the depths of the Cold War, when tensions were highest, Russia never failed to deliver oil and gas per contracts.  You just have this wrong.

You need to embrace the reality of scarcity.  When air is scarce, whoever has air can bill for it whatever they want.  This is how it works for oil and gas.

Wed, 04/30/2014 - 12:08 | 4712406 shovelhead
shovelhead's picture

Or maybe it could be that a vendor dealing with a customer, with a history of stealing from that vendor, get a bit exasperated when the customer reneges on a discounted payment plan and finally demands payment in full at retail price.

Just like in real life.

Wed, 04/30/2014 - 12:27 | 4712495 scraping_by
scraping_by's picture

Thank you for the trip down memory lane. For old guys like me who remember Cold War 1.0, imputing evil motives to the Soviets (er, Russians) retains the glow of the past. Indeed, I think you quoted Nixon in the 50's almost word-for-word in places.

How about this: A nationalist government is acting to keep hostile military forces from setting up right on their borders. How this is Imperialism is not explained. Indeed, it's the American Empire that's expanding, and the Russian efforts are reaction.

This is all about flipping the narrative. Expect more, much more, in the MSM outlet near you.

Wed, 04/30/2014 - 18:10 | 4713959 MeelionDollerBogus
MeelionDollerBogus's picture

the contract is terminated: the lower gas price is for the Sevastapol lease but the neonazi CIA take-over of the elected government resulted in the current outcome: no more lease. Therefore no more discounted gas.

Wed, 04/30/2014 - 11:19 | 4712154 junction
junction's picture

Dear Gazprom customer:

(snip)

If you fail to pay this amount on the date due, you will be subject to a penalty interest rate of 29.9% on the unpaid balance.  For any questions, contact the Federal Security Bureau or our billing and claims department at Goldman Sachs Russia (addresses on the back of this letter).

Your comrades at Gazprom

 

 

Wed, 04/30/2014 - 11:41 | 4712265 novictim
novictim's picture

Dear GazProm,
Your Oligarchs' bitches and ho's in the Western Democracies are finding it very hard now that your credit cards are deactivated.
Darlink! Can you send us gold? 'cause that is all that is going to be accepted.
Your assets are being seized to pay for something the officials are calling...?..."Back Rent"...?... for your use of the entire Crimean peninsula...what does this mean, Darlink??
Darlink, we can't stay loyal ho's to you if you can't keep us comfortable.
Hoping you send gold so we can rent back your expensive luxury estates in Europe and the US...
Love, Your Western Bitches and Ho's

Wed, 04/30/2014 - 11:48 | 4712307 shovelhead
shovelhead's picture

I wonder if Gazprom has those 'Service Disconnected' notices that hang on a door-knob.

Wed, 04/30/2014 - 12:05 | 4712393 scraping_by
scraping_by's picture

I can see the CIA Ukraine regime doing something cute like writing a check from the ECB on the IMF $15B bridge loan they hold. The ECB can sanctionally refuse to honor the check and hold on to the money the way New York banks did Iraq's oil revenues during Clinton's sanctions. Then, at some signal, pile the Euros on pallets and air frieght it to Kiev, where it disappears the first night.

It worked before.

Wed, 04/30/2014 - 12:39 | 4712543 rainingFrogs
rainingFrogs's picture

astrisk at the bottom of the bill:

*Payable upon receipt in Rubles, Yuan or equivalent gold priced at Shanghai Gold Exchange spot rate on date of transaction.  Payment in Euros only on approved credit and with 25% risk premium.  US dollars not accepted.

Wed, 04/30/2014 - 13:26 | 4712772 RougeUnderwriter
RougeUnderwriter's picture

Ukees blow up the gas lines and settle the argument. Your pipes are on my land - move them and I'll get my energy elsewhere

Wed, 04/30/2014 - 16:21 | 4713572 effendi
effendi's picture

Russia can bypass the shut/wrecked pipelines through the Ukraine by using the other pipelines to the north and adding capacity. It will cost a few billion and cause a reduction in the gas to Europe for a few years. With less gas to Europe the gas will flow to those who will pay the most, so Russia will make up on unit price what it loses on volume.

But where will the Ukraine get its energy from? Which country is "elsewhere"? And the new supplier will charge a premium for the costs of shipping, plus a premium because they know that the Ukraine has no other option but to pay through the nose after pissing off its old supplier (Russia).

Best job openings in the future Ukraine? Installing double glazing, supplying firewood and manufacturing thermal underwear.

Wed, 04/30/2014 - 13:35 | 4712800 Obamanism
Obamanism's picture

Guess they have not read the other side of the note:

Payment in GOLD not worthless Dollars and Euros

Wed, 04/30/2014 - 15:27 | 4713382 teslaberry
teslaberry's picture

uncle tony putin gonna break some knees. 

better pay up. 

Wed, 04/30/2014 - 17:22 | 4713813 MeelionDollerBogus
MeelionDollerBogus's picture

If only Ukraine had invested in Bitcionz, th3y cooda buyed their way outta this bind!

LOL http://flic.kr/p/kyKgtF

Do NOT follow this link or you will be banned from the site!