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Europe Goes "All In": Will Sanction Rosneft, Gazprom Neft And Transneft

Tyler Durden's picture




 

Until this moment, the main reason why everyone mostly dismissed Europe's sanctions against Russia is that despite all its pompous rhetoric, Europe consistently refused to hit Russia where it would hurt: its energy titans Gazprom, Rosneft And Transfneft. The reason is simple: by imposing sanctions on these core energy exporters, Europe would directly threaten the stability of its own energy imports (Russia accounts for up to 30% of German gas imports), and as winter approaches with every passing day, playing with the energy status quo would seem like economic suicide. This all appears to have changed last Friday, when as the FT reports from a leaked copy, Europe's latest sanctions round will boldly go where Europe has never dared to go before, and impose sanctions on the big three: Rosneft, Gazprom Neft and Transneft.

 

This is what is known in game theory terms as a major defection round.

It also means that suddenly the stakes for Russia, and thus Europe, just got all too real, as Putin will now have no choice but to really ramp up the retaliatory escalation, which following the food ban can only mean one thing: a staggered reduction in gas flow to Europe.

 

It also means something else: recall that it was just ten days ago when we reported that Gazprom would begins accepting payment for oil in Ruble and Yuan.

If today's news is confirmed, Europe's dramatic shift in sanctions strategy means that Europe's embargo of both the US Dollar and the Euro will accelerate as Russia further intensifies its shift away from both the west and the petrodollar. The only and clear winner here: China, which will almost certainly step in to provide the funding Russia needs however on Beijing's terms in effect making the symbiotic link between Russia and China even stronger, forcing Moscow to rely almost exclusively on China for trade and funding relations, and suddenly give Xi Jinping all the trump cards.

What China's president will do, now that he has all the leverage in the world to call shots both to the West, the East, and of course, Africa, remains unknown, although those thousands of tons of gold imports that mysteriously enter the country and are never heard from again, may provide a hint.

 

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Mon, 09/08/2014 - 01:51 | 5192734 rydog1220
rydog1220's picture

Not for Norway, If I was them I would team up with Russia to form a petrolium alliance so they can be safe either way but what do I know some basic agreements starting with getting out of NATO 

Sun, 09/07/2014 - 23:58 | 5192589 viedoklis_lv
viedoklis_lv's picture

Dalai Lama states Vladimir Putin is "self-centred" and wants to "rebuild the Berlin Wall" as Ukraine's Orthodox Church head claims Russian leader is possessed by Satan

http://www.telegraph.co.uk/news/worldnews/vladimir-putin/11080133/Dalai-...

Mon, 09/08/2014 - 01:41 | 5192717 Sandmann
Sandmann's picture

Dalai Lama- Tibet......he's done great things for Tibet, no wonder he doesn't want a successor !  LOL

Mon, 09/08/2014 - 02:40 | 5192765 viedoklis_lv
viedoklis_lv's picture

successor like hitler

Mon, 09/08/2014 - 01:43 | 5192721 Monotaur
Monotaur's picture

Here´s the explanation:

The Dalai Lama and the CIA

http://www.topsecretwriters.com/2013/02/the-dalai-lama-and-the-cia/

Looks like he´s on CIA-Payroll.... surprise surprise

Mon, 09/08/2014 - 02:48 | 5192770 viedoklis_lv
viedoklis_lv's picture

If you would live under occupation and would fight against it - would you not accept help from others during this fight its important fir you and your nation to get free?

Mon, 09/08/2014 - 00:12 | 5192611 theyjustcantstop
theyjustcantstop's picture

one question.

with all the saudi bad actions, why didn't america sanction opec?

nuland summed it up a few months ago.

Mon, 09/08/2014 - 00:44 | 5192648 falga
falga's picture

probable scenario now that new EU/US sanction are announced: 1/Russia announces ending of overflights and some other measure that will further weaken EU; 2/Russia collects as much cash as they can over next few months by selling commodities (Russia has been doing this already); 2/ wait for winter; 3/ Jan 1 cut off gas to EU and Ukraine; 4/wait...

USD soars as EU & Ukraine economy collpase. Russia isolation achieved but it will regain its foothold in Ukraine. China only market for consumer goods becomes North and South America. 

 

 

Mon, 09/08/2014 - 08:23 | 5193018 lakecity55
lakecity55's picture

(Berlin, December)

"Hans, throw another chair on the fire."
......
"Well?"

"You get up, Karl, I'm keeping mine."

Mon, 09/08/2014 - 02:10 | 5192663 limacon
limacon's picture

This is the major disturbing factor.
If true , all future expectations have to be revised .
This seems to be what is happening now .
See

http://sploid.gizmodo.com/nasa-reveals-new-impossible-engine-can-change-...

http://www.theverge.com/2014/8/1/5959637/nasa-cannae-drive-tests-have-pr...

http://andreswhy.blogspot.com/2014/09/rogue-swan-weapons.html

Mon, 09/08/2014 - 00:59 | 5192671 paint it red ca...
paint it red call it hell's picture

"The FT reports from a leaked copy"

Bullshit, leaked my ass. They are jawboning for whatever reason.

Mon, 09/08/2014 - 01:10 | 5192679 dag
dag's picture

O/T

"Barack Obama set to visit China in November as top US official lays groundwork in Beijing

Susan Rice meets State Councilor Yang Jiechi to set agenda for US president’s meeting with President Xi Jinping"

http://www.scmp.com/news/china/article/1587758/barack-obama-set-visit-ch...

Russia is being isolated.

Mon, 09/08/2014 - 01:39 | 5192715 Sandmann
Sandmann's picture

Of course it is.....Obama's visit follows Putin's to China but the American Way Is The Only Way = AWIOW = American Global Empire = AGE.

China will kiss Obama's ass no doubt and fall at his feet - Hail To The Chief

Mon, 09/08/2014 - 04:35 | 5192832 dag
dag's picture

I believe you have it backward - Obama will kiss China's [President Xi Jinping] ass.

The US will try to make a "deal" with China in order for a US/NATO attack on Russia without China responding.

Today's headline - South China Morning Post (HK): US national security adviser Rice in Beijing to pave way for Obama's 'milestone' visit: Susan Rice meets former foreign minister Yang Jiechi, is scheduled to meet President Xi Jinping on Tuesday

"The significance for cooperation between China and the United States is growing, China’s top diplomat said, as officials from the two nations pave the way for their presidents to meet.

“The current international environment has further highlighted the strategic significance for China and the United States to jointly build a new model of major country relations,” Xinhua quoted him as saying.

http://www.scmp.com/article/1587855/us-national-security-adviser-arrives...

Mon, 09/08/2014 - 08:21 | 5193013 lakecity55
lakecity55's picture

kiss his ass? Barry will be sucking dick like a Hoover.

Mon, 09/08/2014 - 01:30 | 5192705 viedoklis_lv
viedoklis_lv's picture

Watched one of last independent Russian television stations (which will go away soon because of Putin regime banned advertising on cable and satellite channels - so of course majority people won't pay montly payment for independent TV station if they can choose to watch something else for free - like Putin regime controlled / payed state channels http://www.rferl.org/content/russia-ad-ban-hurts-television/25449900.html )

And there common entrepreneur problem was to substitute EU product with some alternatives. Like if you have a cafe or somthing like that, it's a real chalange now to substitute some products that are banned to import with alternatives: vines, cheese, etc. Of course for some time there was some still in stock but now it's getting more dificutl by each day. And other problem regarding food is that actually ( and it was suprise for me too) Russia doesn't produce potatoes (which is almost in all family meals in this region) in such amount to saticfy all needs. So far it was imported from Netherland, but now it's banned and large citys will be short of potatoes. Because of course there are some housholds that grow on their own potatoes, but it's only for own use not for supermarkets.

Mon, 09/08/2014 - 01:36 | 5192713 Sandmann
Mon, 09/08/2014 - 01:57 | 5192741 viedoklis_lv
viedoklis_lv's picture

And how that changes fact that I brought up that now that it's not only "planned" but actually done - people of Russia is lacking potato and there are no real solution in sight?

Mon, 09/08/2014 - 05:07 | 5192857 Jano
Jano's picture

your small funny "independent" nation of 2 million and shrinking.

why don´t you go and evangelize somebody in Afrika?

What about killing the jews, how many did your Grandpa shoot? Did you inherit a Photoalbum from him?

http://www.algemeiner.com/2012/03/18/latvia-still-honors-the-biggest-jew...

https://www.google.at/search?q=latvia+ss+killing+jews&client=firefox-a&h...

Mon, 09/08/2014 - 07:02 | 5192911 viedoklis_lv
viedoklis_lv's picture

You gave me two links, I opened up them. Here is my comments on them:

1.) I read article. It claims that people in Latvia is honoring Nazis SS. But there are no pictures of people who would be marching with Nazi symbols? Why so? Have you thought about it - why are there no videos - zero! Of people who would be marching with Nazi symbols. Still, Putin regime propoganda machine claims that people of Latvia honoring Nazis. But no photo or video proof of that.

2.) In first picture I can see those faces that represent Putin regime in Latvia. It's 5 colon. Those who hate Latvia independence and claims that Latvians are nazis. Well - they want to destroye us they do what they can in borders of our law. So they gather around, protest, swear, etc. When they attack to other residents than they got arrested. What would you wanted to show with that picture?

The Latvian history is that our country was occupied by both Nazis & comunists - and so both sides recruited with force to their army and send latvians to shoot on each other or they would be shoot there on spot. So what these old people are honoring are those latvians that died in one of such battles where under Nazi occupation they fought to USSR occupation force. But no one had a choice it's either you come with that occupation force Nazi / USSR or die there by bullet right away. Yeah. That how it was back then.

Or did you really think that Latvians ar Nazis? You really believe in that?

I don't think that there can be such a stupid person, so you must be a troll.

Mon, 09/08/2014 - 07:13 | 5192930 MKD
MKD's picture

People's republic of novorossia coming to latvia 2015

Mon, 09/08/2014 - 07:30 | 5192961 TheFourthStooge-ing
TheFourthStooge-ing's picture

.

But there are no pictures of people who would be marching with Nazi symbols? Why so? Have you thought about it - why are there no videos - zero! Of people who would be marching with Nazi symbols. Still, Putin regime propoganda machine claims that people of Latvia honoring Nazis. But no photo or video proof of that.

viedaunis, your hypocricy is so transparent as to be entertaining. The anti-Russian fairy tales from the Kiev Yatzi Junta, from NATO, from the US of A government, from the NYT and the Tardian, have no supporting pictures or video. Why so? Have you thought about it - why are there no videos - zero!

Still, you repeat them for your 4 Gryvnia per post as if they were true. But no photo or video proof of that. Good for a laugh, though.

The Latvian history is that our country was occupied by both Nazis & comunists - and so both sides recruited with force to their army and send latvians to shoot on each other or they would be shoot there on spot.

Funny how that behavior is mimicked by the Kiev Yatzi Junta, recruiting by force and then shooting recruits who don't shoot their fellow Ukrainians. No wonder you have an affinity for them. The Kiev Yatzi Junta also persuades to kill the innocent by threatening to harm the families of recruits. Was that practiced in Latvia or is that a Banderatard innovation?

Mon, 09/08/2014 - 10:22 | 5193363 viedoklis_lv
viedoklis_lv's picture

Where are pictures with latvians wearing nazi symbols and marchin on streets?

Even a troll like you have to show any evidence? Or you trolling as low as it can get?

Mon, 09/08/2014 - 13:07 | 5194045 TheFourthStooge-ing
TheFourthStooge-ing's picture

Once again, cheap offuscation.

Not even worth 4 Gryvnia.

Mon, 09/08/2014 - 09:05 | 5193111 SquadronVBF94
SquadronVBF94's picture

Sadly there are many who have become so wedded to their hatred of the very real corruption of the west and the US in particular that they refuse to see the even worse evils of the east, Putin, Red China, etc.  They falsely believe that "the enemy of my enemy is my friend".  They ignore the historical fact that when such evil triumphs it is precisely such fools who are the first consumed.

Yes the west and the US in particular has some serious corruption problems, but it is not the font of all evil in the world and at least has a long history of resistance to tyranny.  There my be fewer and fewer of us who know and understand history today than in the past. But we're still here, we still have a voice. In the east, Russia, Red China, such voices are quickly silenced. The Black Marias may not be rolling as in Stalin's time but they simply have more subtle methods.

Mon, 09/08/2014 - 13:06 | 5194039 TheFourthStooge-ing
TheFourthStooge-ing's picture

Sure, sure.

Fabled past and distorted present.

Nothing of value in such a comment.

Mon, 09/08/2014 - 16:06 | 5194919 SquadronVBF94
SquadronVBF94's picture

because you say so? I guess you can't refute anything can you?I guess that is an appropriate screen name, stooge.

Mon, 09/08/2014 - 01:37 | 5192714 willy wonker
willy wonker's picture

Its going to be a very interesting winter - ukraines situation will intensify as the cold of winter creeps in, now that their gas has gone up 70%. Im sure that the trashing of their already crippled economy will impress other former eastern bloc states, their politicians will use it to say 'told you so' regarding the intentions of mother russia.

how their people cannot see the foolishness of once gaining their independence they gave it away quicker than you can say mario draghi.

speaking for the uk do not underestimate the wilful ignorance of the misinformed multitudes. the amount of people that i speak to that one would think should no better is truly depressing, 'keep calm and carry on' ie ignore it and it isnt happening.

people in london are far more interested in the rising property prices, which the majority do not recognise as a bubble designed to lift gdp and make the politicians look useful,, while masking the true state of the economy. the short term /next quarter approach of the corporations has definately pervaded all levels of society. the amount of new builds that sell instantly is astounding, as is the level of immigration, again if its not on the msm news it isnt happening, even though you can see it with your own eyes.

the horror show that is the middle east especially the newly marketed ISIS just turns people off even more regarding global geopolitics, and that is exactly the use it is being put to by the invisible hand.

in the past weeks it has been used to ratchet up the level of (in)security of pirate island uk.

we are in the vortex to a major war, whether it will involve nuclear weapons i truly hope not but im sure that the utter collapse and devastation of the western bloc countries economies will feel like the next 'best' thing.

oh well never mind time to go to work!

Mon, 09/08/2014 - 01:56 | 5192725 Jorgen
Jorgen's picture

Considering the new sanctions, this opinion of Anne Applebaum, wife of the Polish Minister of Foreign Affairs Radoslaw "Polish BJ" Sikorski, is really interesting. Are the sanctions just E.U. trying to save its face?

Within weeks Ukraine will be devided into parts

Mon, 09/08/2014 - 02:18 | 5192750 viedoklis_lv
viedoklis_lv's picture

You do understand that by posting this article in such way you admit that there are no actual "seperatists" only Putin regime goons disquised as "seperatists"?

Mon, 09/08/2014 - 04:51 | 5192842 dreadnaught
dreadnaught's picture

working at the CIA pays well, does it? to come here and post abusurdly idiotic comments?

Mon, 09/08/2014 - 05:18 | 5192868 viedoklis_lv
viedoklis_lv's picture

"Have you stopped beating your wife?"

http://en.m.wikipedia.org/wiki/Loaded_question

Mon, 09/08/2014 - 02:55 | 5192774 atthelake
atthelake's picture

As the world deteriorates, if they can, Americans need to STOCK UP on fuel, supplies, food, drink and heirloom seeds and hide them from looters. I fear many will starve, in America and elsewhere. And buy a woodstove.

Mon, 09/08/2014 - 08:19 | 5193008 lakecity55
lakecity55's picture

Remember, only 3 shopping days left 'til the next FF!

Mon, 09/08/2014 - 04:11 | 5192814 OldPhart
OldPhart's picture

So, as I see it, Russia demands payment in ruples or yuan.  End of Europe.

There used to be a time that we found chinese money amusing.  It was square and had a hole in the center.

Now ours has a hole at its core.

Mon, 09/08/2014 - 05:18 | 5192866 waldo simon
waldo simon's picture

"when all else fails they(NWO) take us to war"

And this planned war may also emasculate the increasing possibility of an alternative to the Petrodollar.

War,reason 1) maintain petrodollar,and thus the only bulwark to the broken  $US.             2)engineer " plausible"  reason for financial reset.

                  3)terminally distract the sheeple,again,so that they-the sheeple-can be reprogrammed to support the next,continuing,psychopathic regime

 

 

 

 

 

 

Mon, 09/08/2014 - 06:34 | 5192890 esum
esum's picture

russian spring is the play....... 

Mon, 09/08/2014 - 08:46 | 5193069 SilvertonguedAngel
SilvertonguedAngel's picture

http://rt.com/politics/185892-russia-protests-apathy-poll/, oops...it just went back out of play.

Mon, 09/08/2014 - 06:55 | 5192894 Chuck Knoblauch
Chuck Knoblauch's picture

Energy prices in the U.S. will soar, by design.

Agenda 21, by design.

Fuck the Dem and Rep parties.

Mon, 09/08/2014 - 06:41 | 5192897 viedoklis_lv
viedoklis_lv's picture

Another example that Putin regime = USSR

Russia reopens criminal cases against Lithuanians who refused to serve in Soviet army http://en.delfi.lt/lithuania/foreign-affairs/russia-reopens-criminal-cases-against-lithuanians-who-refused-to-serve-in-soviet-army.d?id=65776132#ixzz3CifhQWua Could you imagine an article: "Germany reopens criminal cases against Lithuanians who refused to serve in Nazi army"?
Mon, 09/08/2014 - 07:02 | 5192913 Chuck Knoblauch
Chuck Knoblauch's picture

Isn't Pope Ratzinger still wanted by the Hague?

Criminal charges.

Pedophelia.

Mon, 09/08/2014 - 07:56 | 5192985 Ventnor
Ventnor's picture

Idiotic anti-Catholic bigotry.  

Mon, 09/08/2014 - 07:07 | 5192925 TheFourthStooge-ing
TheFourthStooge-ing's picture

Ah, viedokazu_draazejs posts more of his hilarious cheap propaganda (and earns another 4 Gryvnia).

A representative of the Lithuanian Prosecutor General's Office claims to have received a request for legal assistance from "Russia". Of course, as expected, and as has been the case with all of the recent anti-Russian fairy tales, no evidence is presented that this request is anything other than imaginary.

"The Prosecutor General's Office refused to reveal further details of the case."

So tell us, viedokazu_draazejs, since you creatively included comparisons to both the USSR and the Nazis, do you earn an extra bonus? Maybe a lump of coal to keep you warm in the winter?

Mon, 09/08/2014 - 07:05 | 5192920 Last of the Mid...
Last of the Middle Class's picture

Only one thing worse than "I'm from the government and I'm here to help". I'm from NATO. . . If you see 'em on american soil they should be shot on site. Just saying

Mon, 09/08/2014 - 07:42 | 5192973 22winmag
22winmag's picture

NATO certainly "helped" the muslim terrorist Albanians when it bombed the christian Serbs in '99.

Mon, 09/08/2014 - 07:38 | 5192971 Pullmyfinger
Pullmyfinger's picture

This will simply force an acceleration of Germany's rejection of not only the assumed power of the EU, but of NATO itself. Germany knows that these sanctions are pure, economic suicide and will refuse to drink the kool-aid being prepared by the U.S. neo-nazi clan. 

Bear in mind that the US also knows that the economic effects of such sanctions are suicidal, for the whole point of all this really just a last ditch effort to defend the power of the dollar, and this includes destroying even -and perhaps even especially- the euro. NATO is now just a tool to throw Europe as a whole under the bus. Besides, who really gives a damn about the phony government in Kiev? Certainly not even the Langley mercenaries who installed it in the first place. That's pretty small potatoes compared to maintaining the foundation of an empire.

Therefore, expect big changes. Certainly not those desired by Mordor on the Potomac, but in the spirit of the grandaddy of all blowbacks.

Mon, 09/08/2014 - 08:07 | 5192992 nathan1234
nathan1234's picture

EXCEEDINGLY STUPID for anyone following the events in Ukaraine over the last 6 months

Talk of a ceasefire.( No talk of MH17 of course)

And then talk of more sanctions again Russia, especially the companies which provide them a warm ass.

The push to war is very clear.

Brains now reside along with the crap in the asses of whosoever is going along with Obola's actions

Mon, 09/08/2014 - 08:17 | 5193005 lakecity55
lakecity55's picture

"The Russians are responsible for the downed airliner!"
"Uh, Mr pResident, look at these combat films from the Ukrainian Fighters."
Reporters: "What was that, sir? The airplane?"
"Uh, err, no..I said ah have a pain. What airplane?"

Mon, 09/08/2014 - 08:14 | 5192998 lakecity55
lakecity55's picture

UK: "We must maintain a strong offense against Russia!"
Scotland: "So, you have a mouse in your pocket?"

Mon, 09/08/2014 - 08:52 | 5193080 crowd
crowd's picture

If Russia was going to cut the gas anyway it all makes sense.

Mon, 09/08/2014 - 09:30 | 5193189 Mike Masr
Mike Masr's picture

I cannot wait for the sanctions boomerang to come back at the EU!!

Mon, 09/08/2014 - 09:30 | 5193191 gcjohns1971
gcjohns1971's picture

You mean all those European Gas customers didn't like being threatened with death-by-nuclear-fire for not purchasing enough gas at Russia's desired price?

Who knew?

Nevermind.  It is not real.  They just have wee little CIA men sitting on their shoulders telling them lies.  Any sane person would love to have a neighboring vendor dictate to them what they will buy, in what quantities, and at what price on pain of death. 

I mean, truly, who DOESN'T love a gun in their face?  I know it makes me all tingly.

Don't they know that Russia is the freer alternative?

Mon, 09/08/2014 - 09:32 | 5193195 gcjohns1971
gcjohns1971's picture

Yuan is going to appreciate.

I wonder if the Chinese have fully thought out what this will do to their export economy.

Mon, 09/08/2014 - 11:17 | 5193536 basho
basho's picture

September 08, 18:56

BRUSSELS, September 08./ITAR-TASS/.

EU countries failed to approve a new round of sanctions against Russia through written procedure on Monday,

a West European diplomatic source told ITAR-TASS.

Now the ambassadors of the 28 EU countries will have to meet in person to discuss the situation, the source said.

Mon, 09/08/2014 - 14:32 | 5194480 Whitehall
Whitehall's picture

Too bad the Europeans didn't take this guy's advice 5 years ago. 

Instead, Germany has been CLOSING its nukes.

http://www.americanthinker.com/2008/08/sticking_it_to_gazprom.html

Instead, the Germans are increasing their imports of US coal.  The investment plays in the US will be coal companies like Peabody and Consol and the railroads who haul the coal to the export terminals like CSX.

Mon, 09/08/2014 - 17:41 | 5195318 talisman
talisman's picture

USAIPAC to EU:

C'mon, jump in -- the quicksand is fine !!

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