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Russia Reveals "Plan B": Gazprom Says Gas Transit Via Ukraine May Be Stopped Completely

Tyler Durden's picture




 

A few days ago, when we wrote our "explainer" on the need for Russia to have an alternative pathway for its gas, one which bypasses Ukraine entirely and as the current "South Stream" framework is set up, crosses the Black Sea and enters Bulgaria before passing Serbia and Hungary on the way to the Central European energy hub located in Baumgarten, Austria, we said that "one short month after Putin concluded the Holy Grail deal with Beijing, he not only managed to formalize his conquest of Europe's energy needs with yet another pipeline, one which completely bypasses Ukraine (for numerous reasons but mostly one: call it a Plan B), but scored a massive political victory by creating a fissure in the heart of the Eurozone, after Austria openly defied its European peers and sided with Putin."

Today we find just what said Plan B is.

As Itar-Tass reports, citing Gazprom CEO Alexei Miller, "Russia’s gas giant Gazprom does not rule out gas transit via Ukraine may be stopped completely."

"What happened once is a tendency, nothing happens incidentally. In 2009, gas supplies were stopped completely — so, we know precedents,” Miller told a briefing on Friday.

Clearly, this is bad news for Ukraine: Gazprom not interested in participation in Ukraine’s gas transportation system (GTS), “train has departed”, CEO said.

The train has already departed. It seems it departed yesterday,” Miller said. “It belongs to no one. The GTS has no owner,” he said. “The GTS of Ukraine does not belong to Naftogaz but to the Ukrainian government. Before discussing things with someone regarding modernization and cooperation, it should appear on the balance sheet of this or that economic entity.”

 

“Property and legal issues should be resolved first,” Miller said.

In fact, the civil war torn country may soon lose all leverage it had with both Europe and Russia as a transit hub for natural gas, which also means that it is quite likely that Ukraine is about to be abandoned by its western allies who will no longer have any practical use for it. 

The Gazprom chief added that “a dozen Ukrainian laws need to be changed to be able to do something with the GTS.” 

Confirming that Ukraine's leverage at least with Russia is now effectively zero, Gazprom's CEO also said that “As for the continuation of negotiations with Ukraine, today there is no subject for talks. First, they must repay their debts."

“The gas price for Ukraine is fair - this price is fixed in the contract,” he stressed.

There have been no requests on the part of Ukraine’s national oil and gas company Naftogaz Ukrainy on a change of the transit deal with Russia, Alexei Miller said. Miller told journalists that it would be bad news if such requests had been received.

At least we now know what the Ukraine endgame will look like: as Russian transit through the country is completely cut off, the nation will lose all strategic importance first to Russia and then to Europe, which is still over-reliant on Russian gas (see map below), but which will increasingly turn its attention to the countries which the South Stream passes through.

And speaking of South Stream countries, there is increasing speculation that the main reason why none other than the poorest EU member country, Bulgaria, just suffered its worst bank run in 17 years, and one which has paved the way to early elections, is precisely that: to provide Europe with a government which will be more focused on Brussels' interests, instead of the current socialist regime, whose allegiance to the Kremlin is said to take precedence.

After all, now that Ukraine is yesterday's news, pay close attention to how Europe treats all the South Stream countries, starting with Bulgaria, and going through Serbia (read "Serbia could go bankrupt within a year and end up “in the position of Greece”, the country’s new prime minister has warned"), Hungary and of course, Austria.

Finally, and perhaps most notably, is last week's announcement by Gazprom CEO Miller that Gazprom has good chance, and is interested in discussing buying a stake in the Baumgarten gas hub (see more on why Austria is suddenly so important to both Russia and Europe here).

As Bloomberg reported previously, citing Miller, "The talks we had about South Stream also were a catalyst for the continuation of our talks about participating in the gas hub. We are interested and I think we can discuss a specific percentage of participation." The Russian gas producer and exporter discussed with OMV participating in gas trading in Baumgarten. Miller also added that work on South Stream link to Europe going on schedule, first deliveries to Bulgaria, Serbia, Turkey; capacity to reach 63bcm by end 2017.

In other words, as Europe and the US remains still focused on Ukraine, the one place which now matters most for Europe's energy future is Austria: a country where Gazprom, and Putin of course, are quietly sowing the seeds of Russia's energy dominance tomorrow. As for the feeder countries, especially Bulgaria, pay close attention as the US "foreign service" does all it can to destabilize the local government and financial system as a last ditch attempt to wrest Russia's trump card out of its hand. Something tells us Putin will hardly let it go easily.

 

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Mon, 06/30/2014 - 07:57 | 4909059 IronShield
IronShield's picture

Yawn...  Isn't this $hit show over yet?

Mon, 06/30/2014 - 08:02 | 4909069 Top Gear
Top Gear's picture

Tool fans cue Vicarious.

Mon, 06/30/2014 - 08:03 | 4909070 Haus-Targaryen
Haus-Targaryen's picture

Good for Russia. 

Germany gets its gas, and the EU puppets in Ukraine freeze to death in the snow like morons. 

Mon, 06/30/2014 - 08:36 | 4909142 Manthong
Manthong's picture

That would be pretty bad news for Noodleman and her sponsors at Chevron who paid $400 mil for what might be an empty pipe.

Mon, 06/30/2014 - 08:47 | 4909164 Arius
Arius's picture

"might" be an empty pipe ... might is the key word.  However, risk taking is nothing new for American investors, yes, they are shrewed businessman but they understand that investing is a risky proposition, sometimes you "might" (again) lose...

Mon, 06/30/2014 - 09:19 | 4909242 svayambhu108
svayambhu108's picture

Good news everyone, the hurricane seasson is here:

http://www.nhc.noaa.gov/

Mon, 06/30/2014 - 09:31 | 4909282 Abi Normal
Abi Normal's picture

So Russia is playing the hedgemoney game too.  You see, all forms of govt do this, not just the good ol USA.

Our Constitution prevents us from doing that, but we do not follow it - shame.

Mon, 06/30/2014 - 09:38 | 4909302 fervent in spirit
fervent in spirit's picture

WWI started with an Austrian being assassinated. Will history repeat itself 100 years later?

Mon, 06/30/2014 - 10:21 | 4909410 SafelyGraze
SafelyGraze's picture

if plan b is carried out, then what's the point of even having ukraine in nato at all?

sheesh

Mon, 06/30/2014 - 10:42 | 4909448 Manthong
Manthong's picture

The US doesn’t get that nice port in Crimea, and maybe they don’t get control of any Russian gas, but there is still the farm land and the resources in the east (if the Kiev/US Nazi’s don’t level everything or nuke it like the braided bitch wants to do).

Then there is always the “fly in the Russian ointment” element.

Mon, 06/30/2014 - 12:50 | 4910031 Bananamerican
Bananamerican's picture

What would happen if Putin took this case directly to the Bulgarian people? Or are the people as slack jawed there as they are here?
Good article by the way....

Mon, 06/30/2014 - 10:23 | 4909416 ParkAveFlasher
ParkAveFlasher's picture

There is no way that history can repeat, those dandy outfits would cost a fortune nowadays.

Mon, 06/30/2014 - 12:52 | 4910045 7.62x54r
7.62x54r's picture

Same price as it has been since Roman times: one ounce of gold for a quality business suit. Doesn't matter whether it's a white wool toga, tails and top hat, or a modern three piece suit.

Mon, 06/30/2014 - 15:43 | 4910959 goldpercent
goldpercent's picture

Off topic, but for god sake, don't spend 14 hundred bucks on a suit. Take a trip to Thailand, pick up a few 300-400 dollar bespoke suits while you are there and you've paid for a pretty nice vacation, assuming you needed a suit.  Word of advice, don't get a red or a yellow suit.  Maybe I am missing something regarding the Western tailored 14 hundred dollar suit.  Is it bullet proof?  Does it allow me to print currency that folks will accept?  Can the ladies tell the difference?  Do they sew 50 silver eagles into the lining?  Are people really dropping 14 hundred bucks on a suit?  It's not like you can just wear the same one everyday.

Mon, 06/30/2014 - 10:17 | 4909401 stoneworker
stoneworker's picture

I have never seen somebody so focused on rejecting free stuff... Russia is paying for the pipelines if you don't want the gas don't buy the gas, but this Kabuki theater is absolutely ridiculous.

Mon, 06/30/2014 - 12:48 | 4910026 7.62x54r
7.62x54r's picture

So Biden's son is now in charge of hundreds of miles of buried scrap metal.

Kewl.

Mon, 06/30/2014 - 08:37 | 4909145 knukles
knukles's picture

When you've got them by the balls their hearts and minds will inevitably follow.
    -Chuck Colson

Mon, 06/30/2014 - 12:33 | 4909939 screw face
screw face's picture

knukles +1

Mon, 06/30/2014 - 12:25 | 4909892 99oakley
99oakley's picture

Might work against Russian interests - once Europe is supplied via other pipelines, the Ukraine line can be reversed and Europe can resell Russian gas to Ukraine, thereby cementing its own control... It's not like the Russians can stop supplying Europe - currently their largest consumer.

The Chinese may want the gas, but it'll be 2019 before it begins to flow in that direction and it'll take another 5 years to get it up to scale. 

Mon, 06/30/2014 - 12:55 | 4910059 7.62x54r
7.62x54r's picture

So what?

The Ukes will need to buy the gas retail from the EU, and they will insist on being paid with someone's cash.

Mon, 06/30/2014 - 13:15 | 4910159 kchrisc
kchrisc's picture

"Germany gets its gas, and the EU puppets in Ukraine freeze to death in the snow like morons."

What I understood from the article is a bit different.

I understood that Russia is going to try to diversify their routes to Europe, and that Europe is already putting in the fix on the proposed southern route.

My, and I am sure, many other's prediction, is that this will just push Russia to build pipelines to the east, a direction that cannot be easily hampered by the Rothschild controlled west.

Europe should just send Israel the keys.

Mon, 06/30/2014 - 08:19 | 4909104 MeMongo
MeMongo's picture

Topgear you are a "tool"!

Mon, 06/30/2014 - 09:12 | 4909221 suteibu
suteibu's picture

My guess is that the script wasn't written for this event.  He's one and done.  Weak.

Mon, 06/30/2014 - 11:16 | 4909579 Freddie
Freddie's picture

The Tyler's should add an extra button. Up and Down votes and also a Douchebag button for jerkoffs like "Top Gear."

Mon, 06/30/2014 - 12:56 | 4910063 7.62x54r
7.62x54r's picture

I'm embarrased by the quality of the trolls my tax dollars are buying.

Mon, 06/30/2014 - 08:22 | 4909111 ZH Snob
ZH Snob's picture

every time the west comes up with a lame policy for dealing with Russia Putin turns it around and beats them at their own sanctions.  it would be funny if it weren't so sad: sad for the USA, the country of my birth.

Mon, 06/30/2014 - 08:46 | 4909160 mrpxsytin
mrpxsytin's picture

I take it that you're one of the smart ones who have gotten out of America. Unfortunately most of your countrymen are so indoctrinated to think America is exceptional that they naively believe that the people can reverse the decline of America. Somehow they think America is different to all the countries that slipped into tyranny before them.

Mon, 06/30/2014 - 09:23 | 4909249 Arius
Arius's picture

with all due respect I think you are wrong!

 

Yes, America is exceptional for many reasons too long to explain in a simple note.  If you already do not know it, better get a history book and educate yourself.

 

Will america slip into tyranny?  never say never, but again, if you do your homework and read the history of the country and the love of people for liberty you will conclude at least not in our life times ...

 

Be an optimist - learn from Americans!

Mon, 06/30/2014 - 09:42 | 4909300 mrpxsytin
mrpxsytin's picture

Oh, don't worry. I've been learning an awful lot from Americans lately.

Mon, 06/30/2014 - 11:55 | 4909726 FeralSerf
FeralSerf's picture

Australians have learned way too much from American fascism already. Their Hitlery gun control scheme is a good example. So is their compulsory voting and surveillance state.

Mon, 06/30/2014 - 09:59 | 4909318 fervent in spirit
fervent in spirit's picture

Aruis - being an optimist reminds me of the joke of the fellow who fell off a 20-storey building. As he dropped by the 10th floor he was heard saying, "So far, so good".

A certain amount of optimism is always commendable. But never at the expense of realism. And most Americans (for that matter most human beings) are NOT realists.

Mon, 06/30/2014 - 10:27 | 4909421 stoneworker
stoneworker's picture

You know who else thought he was exceptional? Hitler....in fact he was so exceptional that killing tens of millions of people that were not exceptional to him was ok, because they were not exceptional as he was. " Mrs. Gump: Did you hear what I said, Forrest? You're the same as everybody else. You are no different.

Mon, 06/30/2014 - 11:58 | 4909748 FeralSerf
FeralSerf's picture

The world can thank those great Americans -- Wilson, Ford and Morgan -- for Hitler. He and Lenin too were Anglo-American inventions.

Mon, 06/30/2014 - 12:26 | 4909893 stoneworker
stoneworker's picture

Just out of curiousity what do you have against Lenin?...I know he brought about communism in Russia and all, but during his later years he was actually implementing Deng Xiaoping like reforms with his NEP program. I also know that he was funded by the German government during ww1, but I don't think he was a traitor to the Russian people.

Mon, 06/30/2014 - 13:08 | 4910100 7.62x54r
7.62x54r's picture

Russia could have become a modern republic in 1917, and would have become one of the richest nations on the planet by now.

Instead, they got more than 70 years of socialist insanity. NEP was simply his admission that socialism was starting to fail. And the Party cancelled NEP the instant he was dead. There is no hell hot enough for Lenin.

Mon, 06/30/2014 - 15:56 | 4911031 stoneworker
stoneworker's picture

If given the choice between being a peasant under the tsar or a comrade under Lenin during NEP I know which one I would pick. Most people were illiterate and were treated as cattle this is why Lenin was succesful.

Mon, 06/30/2014 - 12:36 | 4909947 jaxville
jaxville's picture

   Hitler was probably the greatest leader this world has ever seen aside from Jesus Christ. Take some time to learn what he was all about rather than spout the jew-centric potrayals of him that originate in our main stain media and hollywood.

  The issues Hitler had to deal with in Germany of the 1920's and 30's are the very same bringing America and most other Western nations to ruin. When you consider how vilified the man has become it is obvious that he was hitting the nail square on the head.

Mon, 06/30/2014 - 15:30 | 4910896 logicalman
logicalman's picture

Hitler was just another example of the psychopathic 'leader'

He bears responsibility for millions of deaths, but compared to the victors, who got to write the history he wasn't in the same league as some others.

Stalin, Mao etc.

If his victims had been brown people, his name would not be so demonized.

Winston Churchill killed more Indians in 3 years than Hitler killed in total over a period of 6.

See The Great Holocaust of Bengall - few know anything about this.

http://www.samarthbharat.com/bengalholocaust.htm

Tue, 07/01/2014 - 02:17 | 4913016 DontNeedNoStink...
DontNeedNoStinkinUsername's picture

Hitler the Evil eh . . .and we all seem to forget that history is written by the victor hence we have the current view of history. I too have done a lot of reading & I agree with your take on it completely. Forget the holoco$t most of the camp deaths involved Thyphus & at the end of the war mass starvation due to total disruption of transportation of food, etc.  A million plus German sodiers were imprisoned in open air feilds & left to die under Eisenhower. American soldiers who tried to give them food were courts marshelled and shot.  How are the usian pResidents going to be portrayed in years to come ??

Mon, 06/30/2014 - 10:26 | 4909428 Monty Burns
Monty Burns's picture

"the history of the country and the love of people for liberty"

True as far as it goes but that's not very far. Because the 'people' you refer to are the descendants of the country's founding stock but they will within a few generations be reduced to a distinct minority.   The people who replace them will have very different attitudes to work, probity and liberty.  Exhibit 1, Eric ('my people') Holder, corrupt, incompetent and focused on grabbing what he can for his cronies and his own broader ethnic group.

Mon, 06/30/2014 - 10:39 | 4909458 Anusocracy
Anusocracy's picture

It is the mental makeup of the typical American that has changed, and that will require a long time to correct.

Concepts of liberty, free markets, and property rights - ones not overridden by government decree - are very recent human social adaptations.

Ones not shared by the majority of the world's population, and consequently, the majority of America's immigrants.

The US will never be a 'free' country again.

Mon, 06/30/2014 - 15:31 | 4910903 logicalman
logicalman's picture

How can a country be free?

Countries are divide and conquer, nothing else.

 

Mon, 06/30/2014 - 11:20 | 4909587 Freddie
Freddie's picture

American exceptionalism?  Country taken over by evil open border douchbag criminals and the populcae and military do nothing.  Third world countries including Syria and Egypt are far more "exceptional."

The Egyptians took to the streets and drove Obama's Muslim Brotherhood from power.  Save the exceptionalism BS.   Cowards like General David Betrayus.

Mon, 06/30/2014 - 12:06 | 4909797 angel_of_joy
angel_of_joy's picture

I don't know about the future, but right now Americans turn out to be (more often than not) exceptionally stupid...

Mon, 06/30/2014 - 13:01 | 4910091 7.62x54r
7.62x54r's picture

American exceptionalism was hauled out behind the courthouse and executed during the Wilson administration.

Nixon burned the corpse in 1971.

Mon, 06/30/2014 - 21:34 | 4912345 r0mulus
r0mulus's picture

at the very least, america has been in the grip of a silent tyranny since kennedy was assassinated.

it is likely that the roots of this tyranny extend back to the founding of the federal reserve.

even if not purposefully tyrannical, the economic system thus established would have spontaneously reorganized power networks in such a fashion. it is very likely that at least some of the participants consciously recognized this and, as is logical, acted as such in their own benefit.

by means of centralized inforamtion heirarchies, the abuses of this system have been hidden from us, who legitimize it with voting.

now that the internet has provided superior, decentralized information heirarchies, we are able to readily witness the abuses of this system for ourselves.

our naive yet pre-existing views of american exceptionalism come in to conflict with the reality of the abuses and outcomes as presented to us by the decentralized information heirarchies.

the cognitive dissonance thus produced pits arguments from authority of the centralized information heirarchies versus the decentralized heirarchies, armed with evidence and argument rather than heirarchical authority.

depending on how much an individual is willing to trust the argument from authority on faith, versus the empirical argument of constructed facts and evidence, will largely determine that individuals outlook on the current proceedings.

it seems pretty clear to me at least that you posess an incomplete understanding of the historical context, or you would not say such foolish things.

this is coming from a fellow american citizen.

Mon, 06/30/2014 - 09:28 | 4909270 swmnguy
swmnguy's picture

Speaking as an American, I'd say our biggest problem is that we don't understand history.  We read history that is written, long after the fact, in an authoritative, all-knowing voice.  We don't have an understanding of what it must have been like to live as a contemporary, when those events were happening.  As a result, what we see happening around us doesn't remind us of what we've all read in the history books because we don't know how current events will end up, and it doesn't occur to us that the events in history books were once current events with uncertain outcomes; so what comparisons can we make.

If we did have that perspective, we'd see the overall trend.  It's nothing special or unusual.  The globe's dominant Empire has passed its zenith and is declining.  That's all.  The disintegration can happen in a more, or less, orderly fashion.  I'd prefer "more orderly," as I live in a provincial region of the center of Imperium.  But if "less orderly" is what we will get, I've considered the outcome as well.

And yes, that "American Exceptionalism" nonsense is certainly obnoxious, isn't it?  Mere pandering to militant ignorance.  I'm sure every Empire has that cohort though.  Romans in 450 AD who kept ranting, "Well, why don't we just kill at the Goths?  What's wrong with our leaders that they don't see that?"  Or Winston Churchill types, making the most appalling racist attacks on Gandhi, to justify continued British Empire.

Hopefully we Americans don't go too far down the path of self-pity, though that's certainly a danger given our cultural proclivities.  If history teaches us anything, when a warlike nation starts feeling sorry for themselves, something horrible is about to happen.  Look at Germans and the "Stab in the Back" fantasy of WWI.

Mon, 06/30/2014 - 11:08 | 4909553 BruntFCA
BruntFCA's picture

Have you read the stab in the back theory?

At the end of the war, believe it or not workers were on strike in munitons factories in Germany. These were intigated by Communists; the Communists went on to setup a temporary Government in Bavaria.

The peace that was agreed to in 1918 was an armistice or cease fire. Later, however, Great Britain continued war by other means by blockading Germany. The German government came to the table and signed the absurd treaty of Versaiile almost a year later in 1919, which even Churchill commented was, "monstrous" and "malignant". Sounds like Germany was stiched up real good to me.

Mon, 06/30/2014 - 11:25 | 4909609 Herd Redirectio...
Herd Redirection Committee's picture

This is why I try to read A LOT of history.  And to think about how events unfolded, not memorize dates! 

Trends, like changes in weaponry, changes in trade routes (like when the land-based Silk Route was finally made obsolete by the sea route, longer, but subject to much less extortion), technological developments, the advantages and disadvantages the Little Ice Age had for various nations...

And how empires collapse, wars start, revolutions happen...  People like to mention the Roman Empire, or the British, but I reckon the US might resemble the collapse of the Ottoman Empire more.  The Ottoman Empire was put on 'life support' for about 70 years  (1780-1850) while their 'allies' tried to figure out how to divvy it up (without letting Russia take Istanbul).  Hence the Crimean War, the Turks doing the bidding of the English and French, vs the Russians.

Even today Turkey, Germany and Russia have distinct geographic and cultural advantages (as pertains to the goal of dominating central Europe).

Mon, 06/30/2014 - 13:19 | 4910170 7.62x54r
7.62x54r's picture

When the German high command asked the Kaiser to cut a deal, the Wehrmacht had less than 2 weeks of supply left. Food and non-inflated money was running out in Germany as well, so it was no wonder workers were starting to strike, communists or not.

The war was started by the serbs and the Austro-Hungarian empire, but France and Britain made damned well sure Germany got the blame. If anything, Hitler should be blamed on Wilson. If he had not intervened, the mess would have ground to a halt.

The French army was starting to mutiny in 1917. The wheels were literally falling off the Allies when the AEF was thrown into the cauldron.

 

Mon, 06/30/2014 - 11:22 | 4909602 Freddie
Freddie's picture

General Betrayus, Obama, Holder, Pelosi, Clintons, Bushes, General Keith Alexander, Brennan, Nudelman and other crimianls are examples of exceptional Americans.  I stopped drinking the Limbaugh Kool Aide a while ago.

Americans are cowards as their country has been stolen.   Third world citizens of countries like Egypt and Syria standing up to the NWO are far more exceptional.

Mon, 06/30/2014 - 11:47 | 4909691 Nehweh Gahnin
Nehweh Gahnin's picture

"I stopped drinking the Limbaugh Kool Aide a while ago."

Ugh!  Dude, why would you admit you drank up in the first place?  How do you get THAT taste outta your mouf?

Mon, 06/30/2014 - 11:38 | 4909658 Dublinmick
Dublinmick's picture

A walk through walmart will cause one to undertake deep reflection.

Mon, 06/30/2014 - 15:33 | 4910918 logicalman
logicalman's picture

It is essential to read history from both sides of any situation to even have a hope of making any sense of things.

The victor writes the history that most get to see.

Kinda distorts the truth, to say the very least.

 

Mon, 06/30/2014 - 10:23 | 4909418 ZH Snob
ZH Snob's picture

nah, I'm kinda dumb.

I was born here and I'll die here, against my will

Mon, 06/30/2014 - 13:03 | 4910099 Bananamerican
Bananamerican's picture

It's not dark yet...
But it's gettin' there

Mon, 06/30/2014 - 12:58 | 4910079 7.62x54r
7.62x54r's picture

Putin does belong to a very good Judo dojo in Moscow.

Judo plus chess. And Obama just struts around like a pigeon, crapping on the board, knocking off pieces, and thinking he is winning.

Mon, 06/30/2014 - 14:47 | 4910640 TeethVillage88s
TeethVillage88s's picture

Plan C: Let Ukrainians drive up to pipeline with buckets or gas canisters to manually fill, and drive them back to the house. Say it takes half a day, the economy loses significant GDP each week.

Mon, 06/30/2014 - 08:46 | 4909162 f16hoser
f16hoser's picture

Putin to Ukraine (NATO) "I'll see your 28th, Dumbass, Sanction and raise you 311.5 Billion Cubic Meter's of No-Gas-for-you"

Mon, 06/30/2014 - 07:57 | 4909061 GetZeeGold
GetZeeGold's picture

 

 

I'm sure Obama will commence with the great natural gas flotilla to Europe....cause that would be playing chess.

 

At the very least we could send them the leftover Solyndra solar crap.

Mon, 06/30/2014 - 08:10 | 4909086 StychoKiller
StychoKiller's picture

One is left to wonder:  Do Bulgarians like cookies?

Mon, 06/30/2014 - 08:27 | 4909119 Tabarnaque
Tabarnaque's picture

For sure the war mongers in WDC will be looking at other ways to cut off the Russian gas supply. This story isn't over. The idiotic neocons bastards are relentless. Will the Bugarian fall for it? good question.

Mon, 06/30/2014 - 08:46 | 4909161 BurningFuld
BurningFuld's picture

First they will start by fucking with everyones Facebook feed.

Mon, 06/30/2014 - 13:35 | 4910267 7.62x54r
7.62x54r's picture

And then they will try for a #HashTagVictory!

Mon, 06/30/2014 - 08:48 | 4909167 RafterManFMJ
RafterManFMJ's picture

What bullshit!

It's a human right to have natural gas and a warm house with hot water - even if you refuse to pay for it!

I expect the UN and Obama to come up with some way to supply the Ukrainians with taxpayer funded free gas.

What's that? Da Ukrane isn't full of noble Black people sufferin' from the turrible turrie legacy of da slabery?

Oh. Well, carry on then.

Mon, 06/30/2014 - 09:48 | 4909319 nowhereman
nowhereman's picture

Tell that to Detroit.  They know all about human rights.  You can't live without water, but when push comes to shove, you can always burn the abandoned house next door to stay warm.

Mon, 06/30/2014 - 13:37 | 4910279 7.62x54r
7.62x54r's picture

But the lazy tards still need to chop up those houses for wood.

If you don't use the ax, or pay someone else to use the ax, you freeze in the fucking dark. And deserve to.

Mon, 06/30/2014 - 08:51 | 4909171 chubbar
chubbar's picture

The West is jonesing for a war real bad. It's so fucking obvious. If Putin continues to keep his cool and not play into the hand's of the Western powers, there will be a false flag and probably here in the US. The economy is augering in as we speak and the US appears on the edge of a currency devaluation although maybe it will be a stock market crash. I don't see these assholes allowing that to unfold without pointing fingers at an unrelated incident for blame.

Mon, 06/30/2014 - 10:35 | 4909440 stoneworker
stoneworker's picture

I think you bring up a good point. If they continue to print money out of thin air the market will continue to rise, but the dollar will be devalued and if they don't the market will crash since it is unclear even now who is buying at such prices...pick your poison type scenario...Can they simply spead the propaganda that the economy is doing great and everything is fine for two years until the next election? what do you people think they will end up doing?...it seems to me that if some companies are rebuying their own stock they think that they will let the dollar go for now...

Mon, 06/30/2014 - 10:59 | 4909530 p00k1e
p00k1e's picture

Bush passed out rebate checks.

Obama should pass out rebate checks, it's the "Conservative" thing to do.

Mon, 06/30/2014 - 13:39 | 4910289 7.62x54r
7.62x54r's picture

I bought a Broomhandle Mauser and a 40oz Malt liquor with my Bush check.

Mon, 06/30/2014 - 08:33 | 4909135 Rootin' for Putin
Rootin' for Putin's picture

The natural gas flotilla will provide a huge boost for employent.  Coastal boom towns will appear and flourish. 

I mean they are going to have to tie together all those bbq sized  tanks into rafts to row to europe somewhere.

Mon, 06/30/2014 - 13:43 | 4910305 7.62x54r
7.62x54r's picture

Or just inflate rubber rafts with NG, and put the fucking cigarettes out.

Mon, 06/30/2014 - 07:57 | 4909062 BeetleBailey
BeetleBailey's picture

No worries. Motherfucking Hunter Biden's on this.

Expect gaffes, slurs and a comment from Choo Choo Shotgun Joe before days end....

Mon, 06/30/2014 - 08:34 | 4909137 suteibu
suteibu's picture

My first thought, the Biden name does not carry the weight that the family (and idiots in the WH) thinks it does.  Another slap in the face at American aristocracy and hubris.  I hope it leaves a mark.

Mon, 06/30/2014 - 10:25 | 4909425 ParkAveFlasher
ParkAveFlasher's picture

My thought is that they are painting targets all over his ass with hopes of him getting hit with a stray shot.  OMG, they killed Biden's son!  BASTARDS

Mon, 06/30/2014 - 10:35 | 4909439 suteibu
suteibu's picture

LOL...Biden, the Archduke of Delaware.

Seriously, what American would go to war to avenge that putz?

Mon, 06/30/2014 - 13:46 | 4910318 7.62x54r
7.62x54r's picture

Biden suffers from the same ailment that his one of his sons does, micro-strokes.

He has been slowly getting more and more stupid for decades, but doesn't admit it to himself.

Mon, 06/30/2014 - 09:13 | 4909224 _ConanTheLibert...
_ConanTheLibertarian_'s picture

Don't forget horse face.

Mon, 06/30/2014 - 08:00 | 4909066 negative rates
negative rates's picture

Is that what happens when you can't pay your debts?

Mon, 06/30/2014 - 08:05 | 4909076 IronShield
IronShield's picture

Nope, that's what happens when you become a pawn (no, a dupe) of the globalist agenda.

Mon, 06/30/2014 - 08:24 | 4909114 Tabarnaque
Tabarnaque's picture

Very true. Ukraine will end up paying a very high price in the end. The've lost their easy income from renting the base in Sabastopol, they've lost the contracts to supply militay equipment to Russia, they are about to loose the gas transit revenues, they have unleashed armed neo-nazis to wage a bloody civil war in the East. And what does Europe offers in return? A freaking IMF loan and structural adjustment program (or austerity if you prefer) and a lost of the country's sovereignety!

 

I do wonder how long the fascist Prorochenko will last into power...

Mon, 06/30/2014 - 08:37 | 4909147 Squid-puppets a...
Squid-puppets a-go-go's picture

and they coulda used the IMF loan to pay for some gas...... but bought some tanks instead

Lesson in geopolitics: if you are a pawn stuck between 2 major players neither of who give a fuck about you.... dont go 'double or nuthin'

Mon, 06/30/2014 - 08:55 | 4909179 Tabarnaque
Tabarnaque's picture

The Anglo-American banking cartel would hate to see IMF's money ending into Russian's coffers.

Mon, 06/30/2014 - 13:51 | 4910341 7.62x54r
7.62x54r's picture

They really don't care. When the IMF and the World Bank get their hooks into a country, that country has bread riots within a decade.

The Uke 'crats get commissions on the loans, the IMF stooges get rich, the banks get interest payments, a bunch of cronies get the loan money for bullshit projects, and a decade later the Ukrainian people get austerity caused bread riots when the loans start to default.

When the riots burn up half the country, the local government defaults to escape getting lynched, and the IMF makes EU and American taxpayers bail the fucking loans out.

The correct way to deal with the IMF and the World Bank is to shoot the fuckers the instant they get off the plane.

Mon, 06/30/2014 - 08:45 | 4909156 Manthong
Manthong's picture

"I do wonder how long the fascist Prorochenko will last into power..."

Probably up to the time that the Fascist Right Sector Nazi's balls turn blue in the cold.

Mon, 06/30/2014 - 08:57 | 4909182 Tabarnaque
Tabarnaque's picture

Thanks for the laugh! We think the same.

Mon, 06/30/2014 - 09:10 | 4909218 Urban Redneck
Urban Redneck's picture

You forgot about the gift that keeps on giving (and costing)... Ukraine's now mandatory compliance with EU regulations.

Mon, 06/30/2014 - 11:03 | 4909538 Anusocracy
Anusocracy's picture

Yes, it's like cancer being grafted onto a host.

Mon, 06/30/2014 - 09:29 | 4909276 Azannoth
Azannoth's picture

Poland should start worrying about Mass-Immigration from Ukraine when the new Holodomor starts, .. you reap what you sow as they say.

Mon, 06/30/2014 - 12:30 | 4909915 Volkodav
Volkodav's picture

The Western Lyov Forest Nazis are Pollacks....That is former Polish lands..plenty of trees there

Those regions can be seperated from rational Ukrainians

better start now, green wood does not burn well...

 

Mon, 06/30/2014 - 08:16 | 4909100 Keyser
Keyser's picture

Good thing the US isn't indebted to Russia since Putin has balls... China, not so much...

 

Mon, 06/30/2014 - 10:05 | 4909366 Sedaeng
Sedaeng's picture

maybe I am misunderstanding your statement but Russia does hold treasury bonds.

http://www.treasury.gov/ticdata/Publish/mfh.txt

 

Mon, 06/30/2014 - 14:00 | 4910379 7.62x54r
7.62x54r's picture

They are getting rid of them as fast as they can, since Obama is threatening to not pay the interest as a sanction.

Which is why the Federal Reserve made a bunch of NIRP loans so the Belgians could buy the worthless things from them, to keep the price of those US treasury bonds from completely tanking.

Expect Putin and China to continue their US T bond firesale.

Mon, 06/30/2014 - 08:04 | 4909073 Dr.Engineer
Dr.Engineer's picture

Putin is playing 3-D chess while the western leaders are reading the instrustions on marbles.

Are they really that stupid?  Are the western leaders so stupid that they don't realize their stupid?

Wait ... Didn't Obama ask for $500 million to fight the Al-Queda group that he aremed to fightin Syria.

Hmmmm.

Sorry for wasting your time.  Just answered my own question.

The West is screwed.

Mon, 06/30/2014 - 08:19 | 4909107 SMC
SMC's picture

"The West is screwed".

Perhaps that is why many western countries are now including prostitution in their GDP estimates? LOL.

Mon, 06/30/2014 - 08:32 | 4909127 barre-de-rire
barre-de-rire's picture

haha nice one

 

indeed thats nu morphology for 500million EU :

 

wreckled asshole with cokain pipe straight up to nasal septum...

 

GDPPPPPPPP !!!!!!!

Mon, 06/30/2014 - 14:03 | 4910389 7.62x54r
7.62x54r's picture

It's all just part of the GDP!

 

Two Keynesian economists, John Maynard Keynes and Paul Krugman, were walking down the street one day when they passed two large piles of dog shit.

Keynes said to Krugman, "I'll pay you $20,000 to eat one of those piles of shit." Krugman agrees and chooses one of the piles and eats it. Keynes pays him his $20,000.

Then Krugman, feeling richer, says, "I'll pay you $20,000 to eat the other pile of shit." Keynes, feeling bad about the money he lost says okay, and eats the shit. Krugman pays him the $20,000.

They resume walking down the street.

After a while, Krugman says, "You know, I don't feel very good. We both have the same amount of money as when we started. The only difference is we've both eaten shit."

Keynes says: "Ah, but you're ignoring the fact that we've increased the GDP by $40,000.

Mon, 06/30/2014 - 08:38 | 4909148 laomei
laomei's picture

Putin already finished the chess game and is out having drinks.  

Mon, 06/30/2014 - 08:57 | 4909181 realWhiteNight123129
realWhiteNight123129's picture
  1. NEXT: THE FREE TRADE AGREEMENT US-EUROPE WILL FAIL. No need for US gas anymore (more expensive route)

 

Mon, 06/30/2014 - 12:20 | 4909862 Volkodav
Volkodav's picture

Last I knew he hardly drinks or not at all.

Learned self control early in life.

Mon, 06/30/2014 - 21:00 | 4912302 paddyirishman
paddyirishman's picture

all created by the zionists and the dual citizens, they're a cancer on the west.

Mon, 06/30/2014 - 08:04 | 4909075 SpanishGoop
SpanishGoop's picture

Brussels already stated this morning that it will support Bulgarian banks.

I did wonder why but now i know.

 

Mon, 06/30/2014 - 08:13 | 4909088 GetZeeGold
GetZeeGold's picture

 

 

If Belgium goes down we're all screwed!

Mon, 06/30/2014 - 08:43 | 4909153 knukles
knukles's picture

Fuck me!  No more French Fries?  Please say it ain't a school lunch, Mo!

Mon, 06/30/2014 - 12:44 | 4909998 screw face
screw face's picture

did someone say French!

Mon, 06/30/2014 - 08:12 | 4909090 SMC
SMC's picture

In spite of NATO skullduggery, malevolence and cronyism Russia comes out on top once again.

Refreshing to see that competent leadership still exists.

Mon, 06/30/2014 - 08:16 | 4909097 overmedicatedun...
overmedicatedundersexed's picture

nat gas, is a fossel fuel - ergo globull warming obuma is not for fossel fuels see coal, but he wants us to send evil fuel to green EU..confusing no?

Mon, 06/30/2014 - 08:22 | 4909108 JohninMK
JohninMK's picture

The strategic importance of Ukraine may as said reduce as a gas transit country but it will remain as an important potential gas/oil producer (never needed by the Russians of course) and as a food producer.

It is this latter area, food, that will be really grow in importance over the next decades as the growing hunger in China forces food, especially the grain that Ukraine grows, higher. The Ukraine is a huge country and, with Western producivity (note - farm equipment sales), production should improve dramatically.

I would guess that it is these 2 areas that the EU/US are really interested in. I bet that within the EU agreement is a clause making Ukrainian land more easily purchased by outsiders (but perhaps not by Russians). Land that would be very cheap at the moment.

Mon, 06/30/2014 - 09:04 | 4909201 Zeta Reticuli
Zeta Reticuli's picture

China will need more food, but it will not be going to a strong country begging. It has already made inroads with African and South American countries by setting mutually beneficial arrangements for farming/technology swaps. They are not stupid or short-sighted.

Mon, 06/30/2014 - 11:29 | 4909626 Anusocracy
Anusocracy's picture

Agriculture smagriculture.

Before the time the technology of growing replacement organs for transplant becomes available, food produced in vats will develop.

The future is not going to be the present getting older.

Mon, 06/30/2014 - 11:51 | 4909704 Freddie
Freddie's picture

Dr. Jim Willie said China has grabbed a bunch of Canadian land.  Plus supposedly China may have foreclosed on the USA.  The JP Morgan building next to the Fed, Chinese flags flying at the Dallas Fed and Detroit and the Michigan (Repub) gov having open arms for illegals.  Watch for China to takeover and level Detroit.

Mon, 06/30/2014 - 11:56 | 4909731 WillyGroper
WillyGroper's picture

Listened to that one too. 

There WAS a utube about an hour ago, with both Willie & PCR on the US fascist business model and before I could play it, poof gone. 

Mon, 06/30/2014 - 14:07 | 4910404 7.62x54r
7.62x54r's picture

The Chinese are desperately looking for things to buy with that shitload of dollars they are holding. They know what will happen to them soon.

China invented paper money and they know full well what eventually happens to fiat currency.

Mon, 06/30/2014 - 09:18 | 4909240 Urban Redneck
Urban Redneck's picture

"Western? Productivity" apparently you haven't seen the Chinese neo-colonization model up-close. If you want access to Chinese money and Chinese markets, the machinery will be Chinese, the land will be sold to the Chinese investors, Chinese firms will get the contracts to build the infrastructure in Ukraine to transport goods to China. The Ukey-Nazi's... they get to labor in the fields for slave wages (except for a few token oligarchs).

(not really that much different than the USSA model, but the Chinese are more blunt about it)

Mon, 06/30/2014 - 11:30 | 4909628 JohninMK
JohninMK's picture

Never said that the Chinese would get Ukrainian produce, just said that their need for food would force the world price up. The USA is closer to China for export shipments.

Mon, 06/30/2014 - 14:08 | 4910422 7.62x54r
7.62x54r's picture

Yup. Offer cash and the goods flow to you. Doesn't matter where they came from.

Mon, 06/30/2014 - 22:51 | 4912658 Urban Redneck
Urban Redneck's picture

The price is irrelevant when the money circulates in a closed loop. They're aiming for VERTICAL INTEGRATION in agriculture, same as they have been doing in OIL and MINERALS. It doesn't matter if pork prices go up when they own Smithfield, since they're paying the higher prices to themselves.

Mon, 06/30/2014 - 09:26 | 4909263 pathetic looser
pathetic looser's picture

what do you think does monsanto have an eye on ukraine?

 

Mon, 06/30/2014 - 09:38 | 4909304 nowhereman
nowhereman's picture

They could always grow corn and make ethanol to ship down those empty pipelines.

Mon, 06/30/2014 - 14:10 | 4910428 7.62x54r
7.62x54r's picture

Energy losing proposition.

Better to just sell the food and buy oil with the proceeds.

Mon, 06/30/2014 - 11:53 | 4909717 Dublinmick
Dublinmick's picture

They will just destroy the land and poison the people with GMO.

There is also the matter of 19 aging nuclear plants in the Ukraine that use Russian parts. Now if some crazy caused one of them to melt down again like Chernobyl, it could casuse a lot of consternation in Russian and possibly a war over it. What exactly would a Fukushima look like on the Russian border?

Mon, 06/30/2014 - 08:23 | 4909113 Spungo
Spungo's picture

I won't say Putin has won just yet. He can declare victory when he successfully turns Europe against the US.

Mon, 06/30/2014 - 08:33 | 4909136 magpie
magpie's picture

Perhaps you have a very high opinion of Herr Putin. Or he could just let it rot behind the new Iron curtain...

Mon, 06/30/2014 - 14:14 | 4910448 7.62x54r
7.62x54r's picture

Last time I checked, the Russians weren't giving local PDs MRAPS, and encouraging them to put on black uniforms, bust down doors, and shoot people ( and their dogs ) for bullshit.

Mon, 06/30/2014 - 08:47 | 4909166 the tower
the tower's picture

Europe is already against the US (and the UK), they just don't play their cards openly.

Mon, 06/30/2014 - 14:11 | 4910436 7.62x54r
7.62x54r's picture

Obama is working on that for him. What a retard.

Mon, 06/30/2014 - 08:27 | 4909120 Ghordius
Ghordius's picture

if you are looking for a Bulgarian point of view, here it is, and very interesting, too. a small slice of it:

"European sanctions have their political value and are tied to the interests of European trans-national corporations. Why is [German Chancellor] Angela Merkel so contradictory? Why is the EU inconsistent in its approach to the anti-Russian policies of the US? It is because Europe is bound with Russia, and America wants it to renounce Russia for the dubious value of what has long been exposed as a stock fraud - shale has. The US brutality witnessed over the past five or six months - its attempts to blackmail Russia and the EU in the light of the Ukraine crisis - shows that the battle for the US energy presence is its last opportunity to survive in Europe, alongside the Transatlantic Trade and Investment Partnership [TTIP]. If this happens, we would have to fully close the door of the old world, which in geopolitical terms has existed since WWI, and to say hello to a new world of trans-national corporations and weak states serving as functions of corporate interests."

Mon, 06/30/2014 - 08:44 | 4909158 knukles
knukles's picture

Bulgarians read ZeroHedge!
Kind of an inside joke, no?

Mon, 06/30/2014 - 08:51 | 4909172 RafterManFMJ
RafterManFMJ's picture

So far inside I'm calling it a ball.

Mon, 06/30/2014 - 08:59 | 4909186 knukles
knukles's picture

:)

Mon, 06/30/2014 - 08:54 | 4909178 intric8
intric8's picture

Wish that was reflective of the Bulgarian position as a whole

Mon, 06/30/2014 - 09:07 | 4909209 Tabarnaque
Tabarnaque's picture

Good to see that there are people awake in Bulgaria. The TTIP (and the TPP) have to be stopped. I hope these 2 never get signed.

Mon, 06/30/2014 - 11:48 | 4909687 Oldrepublic
Oldrepublic's picture

Russian and Bulgarian relations are very strong, in the 19th century Russia helped Bulgaria gain independence from the Ottoman empire

Mon, 06/30/2014 - 08:27 | 4909121 NoWayJose
NoWayJose's picture

Not many countries that the US has 'helped' over the last 40 years can look back fondly on the experience.

Mon, 06/30/2014 - 08:53 | 4909175 CuttingEdge
CuttingEdge's picture

I expect Serbia and Bulgaria will now be singled out by the CIA for a spot of "destabilising", and when they've brought things nicely to the boil this will inevitably be followed by a horde of Blackwater mercs.

Mon, 06/30/2014 - 08:31 | 4909130 Ace Ventura
Ace Ventura's picture

This is so screwed up. The NW0 has so thoroughly fucked things up for the average person that we find ourselves ADMIRING its Russian puppet, Vladdy the Pooty-Poot. Not saying he isn't whuppin' ass on the globo-political chessboard.....just sayin' its nuts that HE is the guy worthy of admiration. Makes one wonder what role the vampires over at Castle Rothschildvania have in mind for Uncle Vlad.

Mon, 06/30/2014 - 08:39 | 4909149 messystateofaffairs
messystateofaffairs's picture

That is the sticking point, Puty and Rottenchild, are they really buds or enemies? I think enemies. I think Puty, along with China wants to take away Rottenchilds reserve fiat currency con game. It is the sheeple milking con game no government or oligarch can resist.

Mon, 06/30/2014 - 08:48 | 4909168 the tower
the tower's picture

Frienemies. If you play at this level you only have frienemies.

Mon, 06/30/2014 - 14:23 | 4910486 7.62x54r
7.62x54r's picture

Putin kicked out the Rothschild stooges that had bought Russian industries for pennies during the Yeltsyn years.

An assasination attempt was made on Putin afterward, but was thwarted by the FSB. When Putin released the last stooge from prison, he handed over his worthless stock certificates to the Swiss Rothschild. This ain't the first time this has happened, one of the Romanovs was assassinated for similar reasons.

The current rash of color revolutions was ordered as retribution for all of this.

They ain't friends.

Mon, 06/30/2014 - 08:33 | 4909133 messystateofaffairs
messystateofaffairs's picture

Ukraine will now have no cost beneficial value to the international vampires. Porkchop president will be left to sizzle on the flame of his disaffected civil war torn constituents (with resistance fed by Russia, who would never do such things). In the meantime the vampires have suffered a pollitical defeat in their backyard. Europe will move more to Russia and Ukraine will eventually come around too and Puty will have two pipelines and no Russia existential threat in his backyard. Absolutely brilliant, Putin using Juijitsu to play the long game against his enemies. Off to golf with Obama, this is way out of his pay grade.

Mon, 06/30/2014 - 09:23 | 4909176 knukles
knukles's picture

Funny how he hasn't said anything about the whole topic for a while.
Next speech:  Addressing the inequality of nuking unborn Tibetan gay baby whales without prior access to gluten free federal support programs

STAYING RELEVANT IN THE FREE WORLD

https://search.yahoo.com/search?p=youtube+leningrad+cowboys+rockin+inthe...

Yes, my dear friends, it is more than just a little Felliniesque

 


Mon, 06/30/2014 - 09:44 | 4909316 shovelhead
shovelhead's picture

My new favorite boy band...

Mon, 06/30/2014 - 08:34 | 4909139 Kina
Kina's picture

Things are looking good for Iraqs oil for the West too  lol. Making a pig sty of Russian gas transit to Europe will surely help them a lot too......Europeane energy costs squeezed through both conflicts.

 

All they need is another conflict in some important oil producing country to spook energy prices ...there are enough of them. The biggest loser is Europe and US in all this....and the USD will look even shakier if US access to cheap energy looks at risk.

 

Mon, 06/30/2014 - 10:09 | 4909379 SofaPapa
SofaPapa's picture

In which light, it is once again absolutely critical to keep an eye on Saudi Arabia.  They have been remarkably skilled at maintaining calm in that particular backwater.  If that ever changes, it's game over for the petrodollar, and thus for the current power structure.  Abdullah is very old.  That's going to be one fascinating power transfer to watch...

Mon, 06/30/2014 - 21:28 | 4912387 r0mulus
r0mulus's picture

i wouldn't say skilled, unless you mean via a vicious theocracy.

there is a reason they spend so much money on weapons. im sure the wahhabists are at least somewhat afraid of sectarian backlash.

they will need to last the full 8 seconds on ISIS before some other politically stable middle east emerges. at that point, they can continue their repressive theocracy until the next round of upheval challenges them.

Mon, 06/30/2014 - 08:36 | 4909143 Rootin' for Putin
Rootin' for Putin's picture

If i was a country with russian pipeline going through i would be very worried about a visit from McCain in my future.

Mon, 06/30/2014 - 08:38 | 4909146 UGrev
UGrev's picture

Russia has the US Foreign Policy disease where it thinks it can tell a soverign nation what to do.  The world isn't big enoug for two conquistadores. 

Mon, 06/30/2014 - 08:53 | 4909173 shovelhead
shovelhead's picture

Who is Russia forcing to do anything?

Ukraine is a deadbeat customer that has been refused gas until they pay their past due bills.

Simple as that.

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