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Ukraine Quickly Backs Off Threat Of Halting Russian Gas Transit After Europe Screams

Tyler Durden's picture




 

That didn't take long.

A few short days after Ukraine's always entertaining puppet government, whose very existence is to benefit its western overlords and certainly Victoria Nuland's superiors, briefly forgot it has absolutely zero leverage should it alienate not only Russia but also Europe (read Angela Merkel) and announced it may halt Russian energy transits through the country (i.e., Russian gas deliveries for Germany) without obtaining Angela Merkel's preapproval to such a ridiculous threat, Europe - suffering a major flashback to early 2009 and realizing winter is just around the corner - promptly reminded Kiev just who is in control and advised its puppets that it opposes any Ukrainian cut-off of Russian gas, Bloomberg reports citing an EU official.

"Different parts" of the Ukrainian government are “actively considering” a cut-off of Russian natural gas in transit through Ukraine as part of possible sanctions against Russia, a European Union official says. The EU would oppose such a step by the Ukrainian government, which is drawing up legislation to allow sanctions against Russia because of its encroachment in eastern Ukraine, the EU official tells reporters in Brussels on the condition of anonymity

"The secure supply of energy through Ukraine must be maintained,’’ the official says.

Translation: sorry Ukraine, but when Europe has to choose between you and Russian gas, the gas wins every time.

To be sure, Ukraine quickly got the message, and as Energy Minister Yuri Prodan told Bloomberg, the Ukraine sanctions will target Russian companies, not specific resources, with the list of companies to be approved by National Security & Defense Council, Prodan says, declining to name any entities. [Insert any amount of money here] that Gazprom will not be on said list.

Naftogaz, Ukraine's energy company added that Ukraine may ban natgas transit by “certain” companies. In that event, unsanctioned counterparties would be allowed to ship gas across Ukraine; would need to sign new accord with Ukraine’s gas pipeline operator.

Naftogaz concluded that it will remain reliable gas-transit partner for EU, i.e., an obedient little puppet.

And now that Putin knows for a fact (as he has known all along) that he has all the leverage over Europe, and thus Ukraine, certainly don't expect him to back down any time soon.

 

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Mon, 08/11/2014 - 07:44 | 5075499 MFL5591
MFL5591's picture

More instructions to Ukraine goverment by Bidens son??

Mon, 08/11/2014 - 07:49 | 5075507 GetZeeGold
GetZeeGold's picture

 

 

The idea was to put the kid where he couldn't cause any trouble.......oops!

Mon, 08/11/2014 - 07:53 | 5075512 ACP
ACP's picture

Every time I eat a supreme beef gordita, gas always wins.

Mon, 08/11/2014 - 08:02 | 5075527 Headbanger
Headbanger's picture

It's fucking Europe! so what else can we expect from a bunch of nations/tribes who have been killing each other for thousands of years!?

Same as it ever was..

Mon, 08/11/2014 - 08:09 | 5075537 negative rates
negative rates's picture

Our country has no problem with cutting off it's own nose, despite it's face.

Mon, 08/11/2014 - 08:55 | 5075649 Latina Lover
Latina Lover's picture

 I'll bet that a newly appointed  State Department clown ordered Kiev to shut off the gas thinking  that Russia would be blocked from  RECEIVING gas from the Ukraine, LOL.

 

Not their fault of course, cuz reading that funny ukrainian russian writing on maps would make any normal person hold it upside down.

Mon, 08/11/2014 - 09:27 | 5075736 Leonardo Fibonacci2
Leonardo Fibonacci2's picture

Can you say Ukraine puppet gov't are nitwits like the one funding them-OBAMA? Sure you can!

Mon, 08/11/2014 - 09:46 | 5075833 SoilMyselfRotten
SoilMyselfRotten's picture

Nose, meet spited Face, spited Face, meet nose.

Mon, 08/11/2014 - 10:10 | 5075902 BrosephStiglitz
BrosephStiglitz's picture

The Ukrainian Crisis currently:

US: Fuck you Russia, you Cold War Era dickheads.  Let's kick some Russian ass Germany.

Russia: Hey, you guys were the ones extending NATO's sphere of influence into our backyard.

Germany: We really don't want to have to choose, but you guys are really making this hard.

Ukraine:  Hey what about us?  Everyone?  Ukraine needs some love-

Everyone: Shut the fuck up Ukraine.

Netherlands: Hey Russia! You killed a bunch of our people.  No Financial Transfers for you!

(USA chuckles quietly.)

UK: Roll up! Roll up! Russian Oligarchs! Get your London properties here!

(USA whispers something in UK's ear.)

UK: Roll up! Roll up! Chinese Oligarchs! Get your London properties here!

China: Fucking idiots. (Now let's get back to carving up the South Sea on this map real quick while the others have their hands full.)

Mon, 08/11/2014 - 12:10 | 5076649 kchrisc
kchrisc's picture

I would bet that Bulgaria is about to have a "cookie" coup.

Mon, 08/11/2014 - 13:26 | 5077089 ncdirtdigger
ncdirtdigger's picture

FYI, the saying ends 'to spite it's face'.

Mon, 08/11/2014 - 08:10 | 5075542 Cognitive Dissonance
Cognitive Dissonance's picture

Winter is coming....in more ways than one. Nothing clears the mind so completely than the knowledge of certain death. Between the Gulf Stream and Russian gas lay that certainty. Turn either off and Europe as it exists today is but a memory.

Mon, 08/11/2014 - 08:14 | 5075547 GetZeeGold
GetZeeGold's picture

 

 

Winter is coming....

 

In about three months.....in doggy years that's decades......we've totally got time here.

Mon, 08/11/2014 - 08:32 | 5075582 Cognitive Dissonance
Cognitive Dissonance's picture

You not only have time....you have fleas. :)

Mon, 08/11/2014 - 08:48 | 5075631 GetZeeGold
GetZeeGold's picture

 

 

Well....I don't have ebola.....and I don't live in Atlanta.

 

So I've got that going for me.....

Mon, 08/11/2014 - 08:59 | 5075689 Latina Lover
Latina Lover's picture

Yeah, it's not as if Homeland Security couldn't trace your IP and send you Ebola packaged in the mail/ sarc off.

Heck, they would never exploit a crisis to rid the deep state of dissenters.

Mon, 08/11/2014 - 10:00 | 5075872 free_lunch
free_lunch's picture

What would James say about that?

http://www.corbettreport.com

 

 

Mon, 08/11/2014 - 09:01 | 5075694 edotabin
edotabin's picture

Screw winter. Just move someplace warm. Who wants to shovel snow, layer clothes pffft......

Mon, 08/11/2014 - 09:20 | 5075764 Calmyourself
Calmyourself's picture

Gulf stream or gas gets turned off and the immigrant boats landing on Europes southern shores get turned around.  The Africans would have no chance and be but a memory along with continental Europe.

Mon, 08/11/2014 - 08:18 | 5075557 unicorn
unicorn's picture

same as it ever was, hum with talking heads;) (min 1:36)

https://www.youtube.com/watch?v=kvM6TxUnCDE

(use adblock to avoid adds...)

Mon, 08/11/2014 - 09:47 | 5075834 Ghordius
Ghordius's picture

Headbanger: "It's fucking Europe! so what else can we expect from a bunch of nations/tribes who have been killing each other for thousands of years!?"

so? what is your message? that we are efficient in our killing? I see us mostly intent in avoiding war, which is not exactly what other agents do, here

"Ukraine Quickly Backs Off ... After Europe Screams"

so screaming helps? perhaps we should scream moar...

this article is full of the usual stuff that pleases the prejudices of a non-european public. including this continuos search for a "leader of Europe", now seen as Merkel's Germany, without noticing that is still Poland and the Baltics that drive the inner EU discussion on Ukraine, with voices from everywhere, including Austria and Bulgaria

nevertheless, kudos to Tylers in recognizing that quickly that it was an empty, senseless threat from the Ukrainian government

Mon, 08/11/2014 - 09:50 | 5075842 NotApplicable
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I'm going to assume that the Kiev politicos made this threat in order to get a little more help from ZATO, et al., and it's empty only in the promises the Eurocrats just gave them.

Mon, 08/11/2014 - 07:54 | 5075509 NOZZLE
NOZZLE's picture

Right back to killing women and children in Donbass, fucking nazi animals,  I hope the Russian s take this right to Porkshshanko'$ doorstep.

Mon, 08/11/2014 - 08:30 | 5075577 Urban Redneck
Urban Redneck's picture

Would someone please fire some rockets at the Koch Fertilizer plant in Sterlington, LA. Porky Pig is making Kim Jong-un look sane. Alternatively, there are plenty of chemical plants upwind of Berlin and Brussels that might offer the same sort of "teachable moment" to these lunatics.

Mon, 08/11/2014 - 07:52 | 5075510 agent default
agent default's picture

Come October Russia will cut off gas anyway.  So what's the fuss about?

 

Mon, 08/11/2014 - 07:53 | 5075511 mvlazysusan
mvlazysusan's picture

It is time for Europe to admit that the Kiev junta shot down the Malyasian passinger plane and take punitive action against those responsable. Less the EU lose all logitomicy in the eyes of the rest of the world.

Mon, 08/11/2014 - 08:00 | 5075521 crazzziecanuck
crazzziecanuck's picture

It is something that must remain unsaid.  If the EU did decide to put blame on the Ukraine, the Ukraine would cut off the gas in retaliation.

Love watching EUcrats squirm.

Mon, 08/11/2014 - 10:44 | 5075876 tony wilson
tony wilson's picture

admit shootdown then kiev exposes israeli polish pilots in country.

poland is a useful mule tool but it is impossible to even consider the hidden hand of  zionist nazi israel being exposed.

it will all be written in the bbc history books that the zionist and the nazi did not work together.

it will be stated as rumour and myth  and anti semitism even one could even say conspiracy theory.

in the future all the woman raped and killed in ukrainia all the battered broken bodies men and children all of these poor souls will be written up as being jews.

it will be written that the west did nothing to help the jews of ukrainia that is the  way of the world.

israel defence

israel victim

 

israel escalated and actioned the shootdown to cover the holocaust crimes of gaza.

kiev is israel now the blood must flow cos it is written

 

Mon, 08/11/2014 - 07:54 | 5075513 Global Observer
Global Observer's picture

And now that Putin knows for a fact (as he has known all along) that he has all the leverage over Europe, and thus Ukraine, certainly don't expect him to back down any time soon.

What is puzzling is why Russia hasn't yet intervened to defend civilian lives in Novoroossiya as she has explicitly promised to do even before hostilities broke out in Donbas.

Mon, 08/11/2014 - 08:22 | 5075556 carlnpa
carlnpa's picture

Putin set a course of action of no direct confrontation months ago after his stay with the monks.

Why be the villain when the west is doing such a good job of screwing things up without kinetic action.

ISIS, Iraq coup, Nazi Ukraine killing east civilans, dividing EU over gas distribution and south stream, fracking in Ukraine with Biden on big money payroll, setting up Brics bank, trade deals with the east, India not signing WTO treaty.

Putin watching his people abused in Ukraine must hurt him, this is a long game though and we will pay.

Mon, 08/11/2014 - 08:29 | 5075572 negative rates
negative rates's picture

It pains me to watch our leaders get up every morning, just to conspire the day away.

Mon, 08/11/2014 - 07:54 | 5075515 intric8
intric8's picture

What a bunch of back-pedaling pussies

Mon, 08/11/2014 - 07:57 | 5075518 barre-de-rire
barre-de-rire's picture

as said friday, this could not happen. quite obvious.

 

EU dont give a fuck to ukraine compared to the potential unrest if EU people go winter without gaz.

 

what else ?

Mon, 08/11/2014 - 08:02 | 5075525 smacker
smacker's picture

It's not true that Mutti told Ukie that she has seven Panzer Divisions lined up and ready to enter Ukraine to turn the gas taps back on should they get turned off by disobedient puppets. Air cover by Stuka and Messerschmitt.

Mon, 08/11/2014 - 08:17 | 5075554 booboo
booboo's picture

And don't forget the Mutti Fokkers and Der spat tin schnitzels

Mon, 08/11/2014 - 08:33 | 5075583 smacker
smacker's picture

OMG. Mutti Fokkers!  That'll show 'em.

I bet Poreshenko is quaking (or even quacking) in his jackboots.

Mon, 08/11/2014 - 09:37 | 5075808 Ghordius
Ghordius's picture

interesting imagry you conjure, but if any NATO forces ever enter Ukraine, it's more likely to be Polish ones than German. In fact, several Russian blogs say that Ukraine is full of Polish soldiers (and I think they exxagerate, mostly to compensate the lack of explanation for all those GRU/Russian officers among the rebels)

Mon, 08/11/2014 - 09:42 | 5075821 Sandmann
Sandmann's picture

There are reports of Polish soldiers/mercenaries in the area....I doubt Germany would want to re-tread Ukrainian ground or that they would find BW sioldiers willing to go.......the Luftwaffe is not involved in flying missions, simply training

Mon, 08/11/2014 - 10:09 | 5075906 smacker
smacker's picture

I think you're absolutely right. Bang goes my joke ;-)

Mon, 08/11/2014 - 10:06 | 5075897 smacker
smacker's picture

"...if any NATO forces ever enter Ukraine, it's more likely to be Polish ones than German."

True, unless the Panzer Divisions rolled across Poland. They possibly know the routes ;-)

But let us not forget that Ukraine is not a NATO member, so NATO has no mandate to enter Ukraine either to attack the Eastern seppos or to protect Ukraine. What the Poles do under their own flag is different and I do get the impression lately they are champing at the bit...

Mon, 08/11/2014 - 10:27 | 5075996 Ghordius
Ghordius's picture

LOL and yes. And no, official operations under a Polish flag are... unthinkable. Yet I still suspect them to match part the Russian "non-official" effort

we used to have a big, big ban on mercenaries, on this continent. another discussion that will resurface, after this chapter closes, imho

Mon, 08/11/2014 - 12:05 | 5076606 btdt
btdt's picture

mandate? we don't need no stinkin' mandate!

Mon, 08/11/2014 - 08:08 | 5075530 Kina
Kina's picture

Cant imagine that Russia will allow the Ukrainian forces to be successful, but wait and see.

As for the Gas, no way it was ever going to be cut off no matter the nonsense sprouted by the Ukrainians.

But I think for Russia there is a timeline in which they must achieve their goals and that is the time in which Europe can obtain reliable alternative source of energy for Russian GAS. Which I would imagine should take around 5 years or so.

Once Europe get more energy independance from Russia then watch the US make a total pigs breakfast along the Russian border.

So I imagine Putin would know that the US will have an a free hand to create wars, bases and so forth along Russia's border in the future. Thus Russia if it wants to avert that future trouble ought to act in the short term to sure up its borders. And I would have thought an East Ukraine would fit into that strategy.

 

 

Mon, 08/11/2014 - 08:10 | 5075539 Anarchy 99
Anarchy 99's picture

...."Once Europe get more energy independance from Russia then watch the US make a total pigs breakfast along the Russian border"......

 

what a bunch of horse shit!!!!!!!!

in 5 years germany will be part of the briicsg

Mon, 08/11/2014 - 08:52 | 5075663 CrimsonAvenger
CrimsonAvenger's picture

No way to make an acronym as concise as BRICS, but I would suggest GRIBICS.

Mon, 08/11/2014 - 09:39 | 5075812 Gold Eyed Cat
Gold Eyed Cat's picture

BIG RICS

Mon, 08/11/2014 - 09:53 | 5075848 Ghordius
Ghordius's picture

Germany with or without France, Italy, etc. etc. (cue in 25 EU members)? "With" is debatable, while "without" is... a wet dream of some

Mon, 08/11/2014 - 08:11 | 5075543 NoWayJose
NoWayJose's picture

Good points, but the EU can never wean itself from Russian gas unless it finds a cheaper source (the Middle East pipeline through Syria?). There is no way that US or Middle East gas can be compressed and shipped as cheaply as Russian gas. Would you fill up your car at a station charging 25% more because you didn't like the country selling it for less?

Mon, 08/11/2014 - 12:03 | 5076589 btdt
btdt's picture

perhaps u r naive.

the "leaders" in ukraine come from the khazar tribe that threatened the Sampson Option - see Seymour Hersch's book on Israel's targeting of European capitals during the 1973 war.

when push comes to shove - and their own lives are on the line - do you think they won't exercise the last (and best) leverage they have (a simple turn of a valve)?

 

Mon, 08/11/2014 - 12:14 | 5076669 Anarchy 99
Anarchy 99's picture

maybe but long before this eventuality israhell will be paved over, (by themselves) as they move on to the next host site: ukraine?

Mon, 08/11/2014 - 08:04 | 5075531 Dr. Engali
Dr. Engali's picture

The EU could have saved itself a lot of headaches if it left Ukraine alone in the first place.

Mon, 08/11/2014 - 08:15 | 5075548 Caveman93
Caveman93's picture

Yeah! How did we state this before officially? Oh yeah, "FUCK the EU!" ;)

Mon, 08/11/2014 - 09:54 | 5075851 Ghordius
Ghordius's picture

perhaps we should appoint Victoria Nuland as "special" commissioner of the EU? Very "special"

Mon, 08/11/2014 - 09:39 | 5075811 Omen IV
Omen IV's picture

The EU had NO choice - they dont make the decision

Mon, 08/11/2014 - 09:48 | 5075840 SmallerGovNow2
SmallerGovNow2's picture

The EU could have saved itself a lot of headaches if the USA/CIA left Ukraine alone in the first place.  Fixed it for ya Doc...

Mon, 08/11/2014 - 08:05 | 5075534 ziggy59
ziggy59's picture

Its supposed to be 'pillage, then burn', not the other way around...

Mon, 08/11/2014 - 08:06 | 5075536 NoWayJose
NoWayJose's picture

And best of all, it was not Putin that made the threat...

Mon, 08/11/2014 - 08:10 | 5075540 viedoklis_lv
viedoklis_lv's picture

"Putin knows for a fact (as he has known all along) that he has all the leverage over Europe"

When you dream - at least close your eyes.

EU GDP (2013) $ 17.358 trillion

VS

Russia GDP (2013) $ 2.118 trillion

 

That is like EU GDP is more than 800% bigger than Russian.

 

 

Mon, 08/11/2014 - 08:15 | 5075546 IndianaJohn
IndianaJohn's picture

How many GDP's are there in a BTU ?

Mon, 08/11/2014 - 08:16 | 5075550 NoWayJose
NoWayJose's picture

Wow - the EU GDP looks like it is falling even further behind the amount of EU debt!

Mon, 08/11/2014 - 08:17 | 5075552 Beowulf55
Beowulf55's picture

shut off the gas and lets see who's economy is bigger...............

Mon, 08/11/2014 - 10:25 | 5075990 viedoklis_lv
Mon, 08/11/2014 - 08:17 | 5075553 StychoKiller
StychoKiller's picture

Most Europeons ain't gonna want to burn cars/factories/euroz to stay warm this winter, capiche?

Mon, 08/11/2014 - 08:18 | 5075555 Ginsengbull
Ginsengbull's picture

You lost me at "% bigger".

Mon, 08/11/2014 - 08:24 | 5075567 loonyleft
loonyleft's picture

When GDP includes haircuts, manicures, hookers, and blow, it really means jack shit. 

When it comes to the strength of a country / area, it's what you can build, grow, or dig up out of the ground. 

At this point in time, Russia has more energy than it uses, Europe does not. 

Manicures are great in the summertime, but not quite as enjoyable when sitting in a parlor when it's -10 in the room. 

Mon, 08/11/2014 - 08:45 | 5075619 viedoklis_lv
viedoklis_lv's picture

If you see Russia as one solid country - you are much mistaken. There are seperatism movment in Russia to - remove Siberia and what have you left?

http://www.themoscowtimes.com/news/article/blocked-bbc-interview-highlig...

 

By the way - I don't know how well educated people are here - but don't you know how chinese people coup with it's population problem? They do it on Russia soil - they buy up lands, recourses, whole cities full of chinese people. They will own all that what's in land and I would not be supprises if they will make a "referendum" as in Crimea.

You know - karma is a bitch.

Mon, 08/11/2014 - 09:05 | 5075712 Latina Lover
Latina Lover's picture

Moscow Times is an known USSA/Oligarchic based disinfo source. Just another example of the USSA state department trying to stir up division so they can eventually steal it for themselves.

Mon, 08/11/2014 - 09:52 | 5075830 Manthong
Manthong's picture

I don’t know if I have the education or recourse to coup or separate Chinese karma in Crimea.  

Mon, 08/11/2014 - 12:16 | 5076687 Anarchy 99
Anarchy 99's picture

...By the way - I don't know how well educated people are here...

That is an insult, the posters here are probably the most educated and knowlegdable you'll find in the blogasphere.

Agree with them or not.

Mon, 08/11/2014 - 08:45 | 5075625 Oleander
Oleander's picture

Russia doesn't build anything.

Mon, 08/11/2014 - 08:48 | 5075636 Sandmann
Sandmann's picture

So it isn't their RD-180 rocket motors that launch US satellites then ?

Mon, 08/11/2014 - 08:57 | 5075680 Grouchy-Bear
Grouchy-Bear's picture

EU is not a country and thus you are comparing apples to oranges. Each country has to deal with this on its own when the crap hits the fan. Some countries use 100% Russian gas and some very little. but GDP means nothing when you try to stay warm in the winter and you can not burn GDP...

Last year GDP did not help millions of Americans when fuel prices shot to the roof over a terrible winter and supplies of fuels became short. Another rough winter?

Members of the EU do not have any desire to go into winter with empty gas pipes...

I laugh when I hear people in the west talk about GDP like it is a religion or something. GDP is not edible and GDP does not grow food. GDP makes the rich richer and the poor poorer. GDP is nothing but a waste of data and we should concentrate on making a better world and not a better bottom line for all the governments and businesses...

Want to know why Russia does good?

Because literally everyone including this American (me), living in Russia has been growing food all summer and now we are harvesting what we sowed. The stores are full of mason jars and everyone is canning food for the winter. We also and I am learning to myself, to create and make what you need. We do not buy it, we make it, from scratch...

Everyone I know and that is thousands of people, all grow food. And they work together to do it...

GDP is not equated in vast amounts in a society of people that creates, makes, grows everything for themselves. Then when winter hits, we all help each other to survive and winters are damn long here in Russia...

I will take Russian GDP as reality and you can take the fake USA GDP and I will eat all winter and you will starve, when the crap hits the fan...

I learned something about Russia after 8 years of living here: These people are survivors and as I stare at sometimes 8 months of winter at a time, I have learned what it means to be a survivor also...

I think your dream comment pissed me off and I will tell you that dreams are what make the world a better place and I dream of a world without idiots, politicians and psychos. I dream of peace and harmony all over the world and I do that whether my eyes are open or closed...\

I will end with a tidbit: I have many friends in Ukraine, I have lived in Ukraine also. I have lost 3 friends now, innocent people, people who only want a good world and these people would give the shirt off their back to anyone who needed it. Two died in Kiev and one in his home at dinner as his house was shelled...

Take your GDP and eat it...

Mon, 08/11/2014 - 09:05 | 5075710 viedoklis_lv
viedoklis_lv's picture

Most of Russia regions are not agricultural and those regions are not self sustainable:

http://youtu.be/XMv9EvthOrQ?t=2m49s

Mon, 08/11/2014 - 09:09 | 5075731 Latina Lover
Latina Lover's picture

Russia is so HUGE that it needs relatively little land to become self sustaining for food production.

 

For me, the real question is how can a Ukie support a government that in the past 5 months has managed to destroy 30 percent of their currencies value, lose Crimea, wreck relations with their most important trading partner, kill thousands via a civil war while cutting off pensions to babuskas?  Need I go on....Ukraine is a disaster, full stop.

Mon, 08/11/2014 - 10:08 | 5075904 markar
markar's picture

don't forget allowed their gold reserves to be stolen by US/IMF/EU

Mon, 08/11/2014 - 10:05 | 5075844 Omen IV
Omen IV's picture

Neither is NYC! doesnt have ANY food - its about CASH - can move goods from anywhere in 12 hours from half way around the world if you have it

The exposure for parties like Poland are going to be catastrophic - the long term market share for food is going to change  and redirect distribution and the quality will improve in places like Turkey

Erdogan won and with it Russia!

Poland, Finland, Estonia and Latvia et al are doomed for gas source and food exports and many other things......and the USA doesnt give a shit about these fools!

There's is not to reason why, there's is just to do or die!

dumb mothafuckas

 

Mon, 08/11/2014 - 10:33 | 5076033 viedoklis_lv
viedoklis_lv's picture

"Latvia et al are doomed for gas source and food exports "

Latvia food export to Russia is 4,6% - so... I don't know, you are simply uneducated.

Latvia has gas reserves for 2 years, till then we shall build liquid gas terminal and import it from other suppliers. I think it's time for EU to lift Iran sanctions.

Mon, 08/11/2014 - 09:16 | 5075753 Renfield
Renfield's picture

<<I laugh when I hear people in the west talk about GDP like it is a religion or something. GDP is not edible and GDP does not grow food. GDP makes the rich richer and the poor poorer. GDP is nothing but a waste of data and we should concentrate on making a better world and not a better bottom line for all the governments and businesses...>>

This said it all. You can't eat GDP.

Mon, 08/11/2014 - 12:19 | 5076709 Anarchy 99
Anarchy 99's picture

at Grouchy Bear.

well said. given the opportunity I would like to shake your hand.

Mon, 08/11/2014 - 11:51 | 5076513 Jano
Jano's picture

what about 2M people in Latvia (and shrinking) and their GDP? any idea moron?

who sets/riggs the statistical data? I do not trust any EU official and their statistics and economy, you do??????

Mon, 08/11/2014 - 08:12 | 5075544 AdvancingTime
AdvancingTime's picture

 In reality America has few military options in Russia's backyard unless it has the backing of a full and enthusiastic NATO and that is very unlikely. Europe has reason to be unexcited about a possible long and expensive conflict. While still trying to recover from a recession Europe would face fuel shortages and a massive spike in the price of natural gas. 

Currently Russia supplies much of the gas used in Europe, this gives Putin a great deal of leverage. If an actual ground attack were to occur few see the Russians as likely to rollover as other armies have when America approaches. More on this subject in the article below.

http://brucewilds.blogspot.com/2014/07/putin-holds-all-cards.html

 

Mon, 08/11/2014 - 08:18 | 5075558 viedoklis_lv
viedoklis_lv's picture

Of course it would be more expensive but there is Norway energy to buy up if needed.

Mon, 08/11/2014 - 09:44 | 5075826 Latina Lover
Latina Lover's picture

I wonder why the EU  energy commission didn't come up with that  suggestion? / sarc off

Could it be that Norway does not produce enough gas to supply all of Europe?

http://www.ogj.com/articles/2014/05/eia-norway-supplied-21-of-europe-s-n...

Even for a Ukie troll, you are really dumb.

Mon, 08/11/2014 - 10:37 | 5076065 viedoklis_lv
viedoklis_lv's picture

EU would boost Norway as supplier and lift sanctions to Iran

http://www.rferl.org/content/iran-says-ready-to-supply-natural-gas-to-eu...

Mon, 08/11/2014 - 08:21 | 5075559 Kina
Kina's picture

Yep Russia will sit back and see if Germany becomes one of the BRICS...but oops sorry got a better offer....oh and yeh, Europe has achieved some further energy independance from Russia... so too bad, we don't care so much what trouble the US makes along Russian borders....have fun.  A defence strategy that relies on the machinations of Germany is pretty poor one, and give them way to much leverage in the future.

 

Russia knows that if Europe can be less dependent on Russia energy then there will be little objection to US games with Russia. Thus Russia will know that it has a particular time frame to polticially and militarily strengthen its borders.

Mon, 08/11/2014 - 08:34 | 5075588 BlindMonkey
BlindMonkey's picture

I just don't see the Germans being ready to take a pounding from Russia again unless directly attacked. They are not going to see their cities and factories burn as a result of US belligerence. Merkel will be out on her ass first and the dirt the NSA has on her will be useless.

Mon, 08/11/2014 - 08:46 | 5075629 Sandmann
Sandmann's picture

The ONLY cities that will be destroyed in war with Russia are in the Continental United States......Europe is not going to do anything to antagonise Russia. Turkey has refused to send troops to fight ISIS....looks like Blackwater and its British subsidiary under French generals then

Mon, 08/11/2014 - 08:34 | 5075586 Fidel Castrol
Fidel Castrol's picture

send in vicky nudelmeyer again to evangelize the pleasures of serfdom!

Mon, 08/11/2014 - 08:34 | 5075589 Anarchy 99
Anarchy 99's picture

Sure and Quatar will send their gas to europe?

 You have given an absolute lie on the information of gas prices and volumes .So let us get things straight . The only major exporter of LNG in the world is Qatar ,the other are minnows . 70% of their production is pre sold to Japan,China,South Korea,India and Taiwan since none of these (except China) have significant domestic gas production . Exports to Japan have more than doubled after Fukushima since they need the gas for power generation. The current price for LNG which Japan is paying $12 per Mcf . Are the Qataris so dumb that they will sell for $6.50 to Europe ?

(sorry about the large text, do not know how to make it smaller)

Mon, 08/11/2014 - 10:25 | 5075980 tony wilson
tony wilson's picture
thank god britain has plenty of gas : )

 

 

Qatar Tankers: Ships Dock In UK Amid Fuel Crisis

 

 

Concerns were raised on Thursday when it emerged that Britain had only enough stored gas to meet two days' demand.  : )

 

http://maritime-connector.com/news/general/qatar-tankers-ships-dock-in-u...

Mon, 08/11/2014 - 08:43 | 5075612 beaglebog
beaglebog's picture

It'd be a tragedy if Russians destroyed the pipeline ... and Ukrainians got the blame for it.

Mon, 08/11/2014 - 08:44 | 5075614 the not so migh...
the not so mighty maximiza's picture

the keiv nazies will just blow up the pipelines,  you know, they are nazies

Mon, 08/11/2014 - 08:44 | 5075617 Sandmann
Sandmann's picture

They weren't going to stop gas flows simply siphon them off and tell Europe the Russians were blocking supplies. Ukraine steals the transit gas.

http://www.ndr.de/fernsehen/sendungen/extra_3/Johannes-Schlueter-als-Pro...

http://www.youtube.com/watch?v=2sbOXFVdfis

 

Mon, 08/11/2014 - 08:47 | 5075633 Eyeroller
Eyeroller's picture

It seems that Son of Plugs can't make up his mind...

Mon, 08/11/2014 - 08:50 | 5075653 gcjohns1971
gcjohns1971's picture

And Ukraine acts according to the bandit style.

And Russia acts according to the bandit style.

And Europe acts according to the bandit style... with Machiavellian strategies.

And China acts according to the bandit style...using Sun Tsu strategies.

And the US acts according to the bandit style.

And ISIS...

And Argentina...

And BRICS...

 

And people still think their governments are the 'good guys' and can't understand why people keep robbing them.

Shall I blame the governments for being bandits?

Or shall I blame the people for being stupid?

Mon, 08/11/2014 - 09:33 | 5075801 jay28elle
jay28elle's picture

...

"Or shall I blame the people for being stupid?"

 

Always.

Mon, 08/11/2014 - 09:00 | 5075690 viedoklis_lv
viedoklis_lv's picture

Those who think Russia can cut of gas for EU is much mistaken, because then Russia goes bust. Chinese deal will star work after few years under unknown prices and conditions (still that deal won't make even half of what EU buys), but chinese will get the best price and if Putin would cut of EU and only client would be China, than that price would be very very low. Chinese are no Mother Terese - they will squeeze everything from Russia.

Mon, 08/11/2014 - 09:11 | 5075739 Latina Lover
Latina Lover's picture

Russians can live without foreign income longer than Europeans can live without heat, electricity and cooking gas.

Mon, 08/11/2014 - 09:17 | 5075755 viedoklis_lv
viedoklis_lv's picture

Russia would split in small peaces of republics and Moscow would starve off, meantime Norway would boost its energy supply and by adding Iran it would be ok for EU.

Mon, 08/11/2014 - 09:30 | 5075793 Obamanism
Obamanism's picture

Norway Has no skin in the Game and Iran will be under sactions again for the deal with supplying Russia with oil.

Mon, 08/11/2014 - 09:45 | 5075827 viedoklis_lv
viedoklis_lv's picture

West has set sanctions to Iran and West can lift them if necessary - no problems there. And it not like EU freezes to death if Russia cuts of gas. For exampe in Latvia we have enough gas reserve for 2 years, enough time to set deals and infrastucture to import from other suppliers.  Today its not necessary but if needed we can deal with it.

Mon, 08/11/2014 - 10:03 | 5075878 Escapedgoat
Escapedgoat's picture

" West has set sanctions to Iran and West can lift them if necessary"

Yes and the Iranians are going to play ball so after Russia is done with. THEY can expect peace and quite from the Crusaders , RIGHT????

Iranians haven't been around for a few thousand years ,Yesss???

Iranians are stupid yesss???

Tell us what Latvia was doing when the Persians and the Greeks were battling it out back 2500 years, Moron

Mon, 08/11/2014 - 10:35 | 5075952 viedoklis_lv
viedoklis_lv's picture

Everyone is seeking to get best of situation. If you think that Iran will choose some virtual none existing love to Russia instead of lifting sanctions and boosting it's economy & getting EU goods, you are at least naive.

And this article just proved how naive you are: http://www.rferl.org/content/iran-says-ready-to-supply-natural-gas-to-eu...

Mon, 08/11/2014 - 11:49 | 5076507 btdt
btdt's picture

r u paid by the post or by the letter?

Mon, 08/11/2014 - 09:31 | 5075794 jay28elle
jay28elle's picture

I think the point is that negative impacts would occur much faster, and extreme, to Ukraine than the impacts would happen to Russia with Norway (or anyone else) ramping up production to Ukraine.

This would put Ukraine in a much weaker position and easier for Russia to 'move in' (whatever that looks like, assuming Russia wants more), and I think this position Putin is willing to explore as he pretty much knows that Nato and US will not do much militarily.

 

Mon, 08/11/2014 - 09:48 | 5075841 viedoklis_lv
viedoklis_lv's picture

If putin could invade Ukraine openly not like now shooting GRAD from borders and sending in terorists, he would do that already.

Mon, 08/11/2014 - 09:48 | 5075838 Latina Lover
Latina Lover's picture

Yeah, keep dreaming Ukie hasbara.  At 95% capacity, Norway can only supply 21% of the EU needs, and their reserves are declining. 

Meanwhile, unless you can magically levitate Iranian gas to Europe, there is no way to transport it, even it Europe was willing to do so.

However, please keep posting. I like it when you show everyone else how reality challenged ukie nationalists really are.

Mon, 08/11/2014 - 10:21 | 5075858 viedoklis_lv
viedoklis_lv's picture

It may sound as magic to you but actual term is liquefied gas and Iran is shipping that.

Iran Says Ready To Supply Natural Gas To Europe

http://www.rferl.org/content/iran-says-ready-to-supply-natural-gas-to-eu...

Mon, 08/11/2014 - 11:46 | 5076499 Jano
Jano's picture

he is a latvian facist, latvians killed off all jews during ww2, until today they march and parade their ss divisions, he seems to come from that corner, he is rather a facsist from right sector.

Mon, 08/11/2014 - 12:57 | 5076940 viedoklis_lv
viedoklis_lv's picture

Either you are a flat liar or you can show me a video where it's filmed how latvians now march with SS symbols.

Don't waste your time, troll - there arent such video, because there arent such event.

Mon, 08/11/2014 - 10:33 | 5076032 tony wilson
tony wilson's picture

yes but russia will starve.

unlike the uk and the usa the russian relies on plastic wrap gm corn syrup products.

russia has zero understanding of the soil they are city dwellers they cannot survive without super markets and collectivisation type food shelters.

as a frenchie man ican tell you russia cannot survive wizout are plastic wrap cheese is.

 

Russian Dacha Gardening – Homescale Agriculture Feeding Everyone

http://www.underwoodgardens.com/local-food-growing-your-own/russian-dach...

Mon, 08/11/2014 - 11:44 | 5076491 Jano
Jano's picture

how many jews did your grandfather kill in Vilnus?

Mon, 08/11/2014 - 12:26 | 5076773 Anarchy 99
Anarchy 99's picture

they would NEVER cut off the gas supply, why would they, they keep bleeding the EU dry, all they need to do is RAISE the cost, gradually.   see above comments on what Quatar sells it's gas for vrs what the EU pays Russia for it's gas.

Mon, 08/11/2014 - 09:14 | 5075748 yogibear
yogibear's picture

Russia can just raise prices 4x as much and create economic havoc for the EU and ECB. Just demand payment in gold so these schemers can't print.

The US you can have your sanctions back 4x.

Putin can toy with the west. The US Federal Reserve is an emperor without cloths.

Let's see the Federal Reserve reveal how phony it's economic model is.

Mon, 08/11/2014 - 09:27 | 5075785 Joe A
Joe A's picture

Hail South Stream! By merely suggesting halting gas transit Ukraine shot itself in the foot. How stupid can you be?

Mon, 08/11/2014 - 10:32 | 5076031 ThisIsBob
ThisIsBob's picture

Ask MasterCard and Visa.

Mon, 08/11/2014 - 11:24 | 5076356 Obamanism
Obamanism's picture

Bulgaria will now been in the crosshair of Soros and Nuland, with talk of the south stream

Mon, 08/11/2014 - 12:19 | 5076713 Joe A
Joe A's picture

Yes but don't forget Serbia. Always stuck between Russia and the West. But they also have a free trade agreement with Russia so they might get popular with Western companies trying to circumvent sanctions.

Mon, 08/11/2014 - 09:28 | 5075788 Obamanism
Obamanism's picture

I think Russia has just had a good excuse to demand all payments in Gold not Dollars or Euros from the Ukrainian Government.

Once Winter comes Ukraine will syphon off gas to use as domestic consumption then Blame Russia for reducing the pressure and amounts.

Mon, 08/11/2014 - 15:24 | 5078057 shovelhead
shovelhead's picture

This is an old Ukrainian trick that caused Gazprom to shut the pipeline to force Ukraine to pay for siphoning gas from the European supplies.

Needless to say there was some Euro pressure applied to Naftgas to make good paying their bill.

Now the various govts in Ukeville haven't paid their gas bill again and Putin is getting involved to make sure Gazprom gets paid past due and future payments get paid up front.

Europes interests lie in sweating Ukes to pay their bills or loan them the money to keep the gas going but the US interests are getting Ukraine into the NATO fold and are withholding any IMF loans until the rebellious oblasts are crushed.

Porky the puppet is pulling all the stops out to get the job done but the damn rebels have other ideas.

Meanwhile Europe is getting nervous because it seems they hitched their wagon to a wagon train driven by a psychotic who is daring the Indians to attack.

This ain't too good for Europe because there ain't no Rowdy Yates to come to the rescue and save the wagon train from going smack dab into Indian country and threatening the watchful but imperturbably silent Chief Rides a Bear.

Stay tuned for next weeks adventure on Wagon Train.

 

Mon, 08/11/2014 - 09:31 | 5075796 LawsofPhysics
LawsofPhysics's picture

Who runs bartertown?

Mon, 08/11/2014 - 09:44 | 5075819 Seb
Seb's picture

The spice must flow.

Mon, 08/11/2014 - 09:50 | 5075820 ThisIsBob
ThisIsBob's picture

I'm not so sure about "alternative sources."  How do they compete with Russia on price whose gaz is closer and the infrastructrure is in place?  Is it suggested that Europeans will pay more than necessary for eneregy because it is good for the state?  Or do they plan so far ahead that once there are alternate supplies, they are just going to tell the Russians to gfy on its cheaper gaz, so that only expensive patriotic gaz is available?

The Europeans became reliant on Russian gaz because it was the cheapest energy and most everything  seemed cool with Russia and looked to remain so forseeably.  Then along came the United States...

Mon, 08/11/2014 - 10:18 | 5075944 Ghordius
Ghordius's picture

Europeans always pay moar for energy. It's part of the system. Meanwhile, Europeans are way more... careful with their energy use and consumption

meanwhile, many commenters forget that a lot of this gas is used for central heating, whole blocks with up to 20'000 people being heated centrally in Soviet-style schemes in the previously "red zone" of Europe. very inefficient, btw, and due for a lot of modernization

we also trade for that energy, with exports matching imports, another little detail that is missed as much as the one that the populations most "at danger" of being left in the cold next winter are quite... hardy. Rugged, you could say

compete with Russia? they don't compete nearly anywhere with our production. Their exports are predominantly resources and energy

Mon, 08/11/2014 - 15:36 | 5078150 shovelhead
shovelhead's picture

Burning a Mercedes to keep warm is a highly inefficient use of fuel.

Mon, 08/11/2014 - 12:28 | 5076783 Anarchy 99
Anarchy 99's picture

++++

Mon, 08/11/2014 - 09:45 | 5075828 Bemused Observer
Bemused Observer's picture

U.S.- "Russia must pay! We will sanction them!"

Europe- "Yes! Sanction them! No more business!"

Ukraine- "Yes! We'll sanction their oil!"

*crickets*

Ukraine begins to shift uncomfortably in its seat as the US and Europe fix their stony glares upon it...

"What? C'mon guys, what, did I say something wrong? Aren't we in this together?"

Mon, 08/11/2014 - 10:10 | 5075913 ToNYC
ToNYC's picture

Realpolitik meets the Three Stooges.

Mon, 08/11/2014 - 10:14 | 5075930 Kina
Kina's picture

Would be interesting to see what NATO would actually do if Russia did 'assist' the 'rebells'.

No doubt US would be urging them to send in the clowns but the risk to Europe's main players would become too much. A lot has changed since 9/11 and the US not as geopolitically absolutely dominant as they were then, and have done much to harm the relationships, along with their economy.

 

Chaos in the East is better than the door being opened to a future US presence in the Ukraine. One wonders what tactically Europe and US can do sanctionwise that doesn't boomerang back on themsleves with interest. Then again global instability keeps the USD as a safe haven.

Mon, 08/11/2014 - 10:28 | 5076011 falga
falga's picture

Ukraine is a bankrupt country fighting an adversary it cannot defeat helped by friends with no money to finance them! . Only EU, NATO or US can make the Russian re-think but aren't we speaking of WWIII? Who wants to start it? Maybe the Ukrainian have no choice but to start the War in order to insure they get $ from their new friends.

Mon, 08/11/2014 - 10:59 | 5076194 22winmag
22winmag's picture

Screams like little bitchez.

 

There, I fixed your title.

Mon, 08/11/2014 - 11:09 | 5076261 damicol
damicol's picture

What I really enjoy about this is the fact that the entire EU / Brussels gang of super duper intelligent know it all and  "we can fix the stars  in place if we need to", and the wholesome Murican good ole boys in Washington, so smart and so  full of morality and  gravity, can fuck up on such a stupendous scale.

This is no fuck up or  even a cluster fuck up, this is the work of sheer insanity masquerading as genius, this is the moment that  brain damage meets meets  brain rot from years of ingesting syphilis riddled cum from bath house prostitutes.

This is the Tsar Bomba of fuck ups

Putin must piss himself with laughter every night before bed.

I know I do

These cunts, in short are what people vote for to lead them.

Its fucking hilarious.Maybe now people will learn when this shit storm abates in a decade or so that they should be a teeny bit more thoughtful and discerning when they put  fucking retards  like the present gang of crony corrupt  pieces of shit in power  without having the means to swiftly have them swinging by their testicles from a lamppost with their guts spilling out

 

 

 

Mon, 08/11/2014 - 11:30 | 5076391 Aaron Hillel
Aaron Hillel's picture

Some people are talking about german divisions rolling into Ukr territory, the modernised Bundeswehr is comprised of two mechanised divisions with armor component.On paper.

Same goes for the Poles, they could field(with difficulties) two mechanised divisions, incl only one battalion of Leopards 2a4.The rest of tank park is T-72/T-80rebuilt(Twardy).

Also, the whole Bundeswehr has (on paper) three artillery battalions.Its actually much less in fire volume than Poles have, as they still have three soviet-style  arty regiments, plus lots of organic battalions.

Father Guderian would roll in its grave.

 

 

Mon, 08/11/2014 - 12:05 | 5076598 Gunter
Gunter's picture

We had just the first temperatur drop here in Germany yesterday, 10 Celsius degrees cooler now.

 

Would we have another one tomorrow, people would switch on central heating. Well it will not happen tomorrow. Still late summer here.

 

But it will happen in the next few weeks. Imagine another 10 degrees drop. and another one,

Wouldn't happen tomorrow, but it will soon.

 

Vlad just needs to go fishing to kill time until then.

 

Because then there will be no sanctions.

Imagine sitting freezing in your cold house and shouting: Putin, sanctions are on, I don't want your fucking gas.

Mon, 08/11/2014 - 12:12 | 5076656 jacship
jacship's picture

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