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No More Foreplay: Russia Threatens European Gas Supply Disruptions

Tyler Durden's picture




 

It appears Vladimir Putin is willing to hit'em while they're down. Early European equity weakness (and safe-haven flows) on asset-freeze threats have accelerated as Bloomberg reports, Russian energy minister Alexander Novak threatens gas supply disruptions if the EU continues to re-export Russian gas to Ukraine. 3Y German bond yields have plunged to -4.1bps, a record low close and European stocks are closing on their lows of the day.

  • *RUSSIA THREATENS GAS SUPPLY THROTTLING TO EUROPE: HANDELSBLATT

3Y yield at record (negative) lows...

 

As Bloomberg reports, Russia Threatens Gas Supply Throttling to Europe: Handelsblatt

EU re-exporting Russian-purchased gas to Ukraine exceeds existing treaties, Novak tells newspaper

 

Novak says only adherence to negotiated agreements can guarantee undisrupted gas supplies to Europe: Handelsblatt

 

Novak says Ukraine has rejected constructive offers from Russia on pricing, reducing Ukrainian gas debt and future pre-payments ahead of talks tomorrow in Berlin: Handelsblatt

*  *  *

Who will be hurt most?

 

*  *  *

As we discussed before, Europe is confident it can withstand a disruption as it has been storing gas ahead of the winter.

However...

European storage facilities contained a record 75.7 billion cubic meters (2.7 trillion cubic feet) of gas yesterday, making them more than 91 percent full, according to Gas Infrastructure Europe, a Brussels-based lobby group.

 

“If colder weather arrives, then storage levels could well be drained,” Citigroup said.

Just as we warned here...

It already appears as though the developing El Nino pattern may mean noticeably colder weather this winter...

 

*  *  *

It appears Europe's short-term plan to mitigate the "Winter War" may have bigger boomerang consequences than they seem to believe (and bear in mind the consequences of cold, pissed off Europeans in the past).

 

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Thu, 09/25/2014 - 12:29 | 5256062 TeamDepends
TeamDepends's picture

No more foreplay, Vlad is ready to lay some pipe.

Thu, 09/25/2014 - 12:32 | 5256078 eyesofpelosi
eyesofpelosi's picture

I agree and the EU has been begging for it. 

Thu, 09/25/2014 - 12:34 | 5256093 walküre
walküre's picture

The deer has landed. Tylers where is the deer? I'm getting excited!

Thu, 09/25/2014 - 12:35 | 5256106 Haus-Targaryen
Haus-Targaryen's picture

I wouldn't mind them turning off the gas.  Just fucking do it already. Or at least cut off Poland, and then tell the Germans if they supply poland they get cut off too.  

Thu, 09/25/2014 - 12:49 | 5256193 tony wilson
tony wilson's picture

i must admit putins position on the polish has been totally cuntish and soft.

polish grom have been killing russians for months for fuck sake.

and yet the rabbis of poland are still called partners.

Thu, 09/25/2014 - 12:56 | 5256228 giggler321
giggler321's picture

It's just lost in translation because last time I heard Putin speak, he was still calling the West (USA/UK) partners.

In this case, War = Divorce if we're all partners I guess.

 

Thu, 09/25/2014 - 13:05 | 5256262 Latina Lover
Latina Lover's picture

Gazprom is right to be pissed since the Ukraine refuses to pay the 5.5 billion owing on previous gas sales, and may have never intended to pay for the gas in the first instance.  Resales of gas by other EU countries to the Ukraine is nothing more than aiding and abetting the Ukraine's fraudulent attempt to cheat a major creditor.  What I find amazing is that any entity would even lend money to the Kiev Kriminal Kabal (KKK).

Thu, 09/25/2014 - 13:17 | 5256349 Publicus
Publicus's picture

Don't forget the Iceland volcano

Thu, 09/25/2014 - 13:22 | 5256370 813kml
813kml's picture

It's all funny money anyway, it can appear or disappear in an instant to further Western ambitions.

Thu, 09/25/2014 - 13:29 | 5256399 Tom Terrific
Tom Terrific's picture

If I didn't pay my gas bill, I'd be cut off before I could take my next shit.  Gazprom should be more like the vulture capitalists that those they serve so love to say they admire and SHUT THE FUCKERS OFF ALREADY.

Thu, 09/25/2014 - 13:39 | 5256439 SAT 800
SAT 800's picture

Well, it's only natural that the criminals that created it would "help" finance it.

Thu, 09/25/2014 - 16:07 | 5257116 The Big Ching-aso
The Big Ching-aso's picture

C'mon ZH'ers. I think you're smarter than that. Why would Putin cut off the gas when he can supply it to desperate customers at a much higher price? And if they don 't wanna pay his first stated price then he just finds whatever higher price they're willing to pay up to a specific cut-off date. Beyond that given the choice of having gas vs no gas I think they'll pay zee whatever high price rather than freeze and shutdown doing biz, no?

Thu, 09/25/2014 - 17:06 | 5257395 Titus
Titus's picture

He's not going to sell the farm. Russia needs it or the south stream to supply gas to Europe.

Thu, 09/25/2014 - 13:13 | 5256325 silvermail
silvermail's picture

Cooperation with the United States is impossible.
Any form of cooperation United States with Russia, for USA is to just another form of war against Russia.

United States does not need any partners. The United States needs only vassals. Because the United States is "an exceptional country" with "exceptional people" and "an exceptional president."
But the Russian does not want and will not be vassals of the United States. If Russian will be a choice between the status of vassals of the United States and a nuclear war, they would see only one way - a nuclear war.
I wish that the exceptional people who live in the exclusive country, do not want to teach history. For fire and radiation no difference who they kill - the ordinary person or a very exceptional man.
Amen!

Thu, 09/25/2014 - 15:39 | 5256609 Jack Burton
Jack Burton's picture

You are on to something Silvermail. There is no cooperation or partnership with the new Neoconservative Washington War Party. They see all peoples as vassels to the "exceptional people" and that is just all there is too it. Putin is trying to bargain and curry favor with a devil, a new satan than lives in Washington DC. Just look how Washington spies on it's own people, and shakes them down for all their money to fund wars and Israeli hegemony. Putin is so soft it is not even funy anymore. He trys to glad hand Washington and gets kicked in the balls. The EU, against all their self interest, is nothing but a lacky to the Washington Neoconservative War Party.

It is getting serious, the Washingon War party now seeks to foment a European wide war, one in which the USA stands to gain everything, a return to 1950, and Europe stands to loose everything. Putin keeps waiting for Europe to wake up to how they are being played, but the EU political class is bought off with bribes, cash, jobs, and when that fails, NSA black mail, when that fails, a CIA generated illness or accident. Deal with the devil, and the devil soon owns you!

Now, I don't mean America in all this, I mean the evil whore house in Washington DC. Most people on a state level have little interest in Washington's drive for all out war.

Thu, 09/25/2014 - 16:11 | 5257131 Circle of DNA
Circle of DNA's picture

Appearing to be soft and being soft are two different things. Putin is a phenomenal diplomat and a highly skilled player; he does not issue warnings or ultimatums like some teenage girlfriend. He does not mind when some things take time and years of preparation. Time and time again, every accusation that was thrown at him was proven to be bullshit and he never shrugged, never backed into a corner and never acted irrationally. He is not some little chihuahua that mindlessly barks at every passing car, he conserves his power, he plans his moves and he does not advertise them ahead of time. He deals with treacherous Oligarchs, ruthless Zionists and a whole world of imbeciles who want  him to die.  So far, at every turn he has managed to outsmart his opponents.

Mon, 09/29/2014 - 22:31 | 5269313 Jack Burton
Jack Burton's picture

I do hope your take is the right one! Putin is up against an evil in Washington DC's War Party.

Thu, 09/25/2014 - 14:40 | 5256719 MeMongo
MeMongo's picture

Go get em Pootie! Rout that den of yiddish vipers!

Thu, 09/25/2014 - 12:46 | 5256182 joego1
joego1's picture

Maybe a reindeer this time!

Thu, 09/25/2014 - 12:37 | 5256095 hedgeless_horseman
hedgeless_horseman's picture

 

 

 

Europe is confident it can withstand a disruption as it has been storing gas ahead of the winter.

Yes, Europe and specifically zee Germans have been confident before that they could outlast the Russians and winter.  That didn't work out so well.

Vee surrender!  Vee vill pay zee higher gas prices and zee bill for Ukraine.

 

Draghi cannot jawbone the thermometer, and Janet cannot print BTUs.

Thu, 09/25/2014 - 12:37 | 5256123 stant
stant's picture

Gota save some fuel to light under the tanks to get em to crank when it gets real cold

Thu, 09/25/2014 - 12:57 | 5256223 hedgeless_horseman
hedgeless_horseman's picture

 

 

Tanks?  Not out on the snowpack.  It will look more like this...

Alexey Volkov
Evgeny Ustyugov
Dmitry Malyshko
Anton Shipulin

vs.

Erik Lesser
Daniel Böhm
Arnd Peiffer
Simon Schempp

...and Russia won that last go-around, too, just last winter.

Thu, 09/25/2014 - 13:31 | 5256406 SAT 800
SAT 800's picture

caption: more damn Nazi "Supermen" surrendering.

Thu, 09/25/2014 - 13:49 | 5256503 astoriajoe
astoriajoe's picture

Let them burn ipads.

Thu, 09/25/2014 - 12:38 | 5256130 crazybob369
crazybob369's picture

I hope they get good and hard, spineless cocksuckers.

Thu, 09/25/2014 - 12:43 | 5256164 Dr Strangemember
Dr Strangemember's picture

If we had more global warming, there'd be no need for Europe to need all that Russian gas.  Why is Obama hating on Europe with all his Global Warming Scare Mongering???????

Thu, 09/25/2014 - 12:34 | 5256098 Callz d Ballz
Callz d Ballz's picture

Or after the no lube rogering, the pipe is being removed.

Thu, 09/25/2014 - 12:53 | 5256214 junction
junction's picture

According to Accuweather, the historical average January temperature for Kiev is about 25 degrees ºF.  With snow on the ground thanks to El Nino, that could cause Ukraine to burn through a lot of natural gas fast.  Will Germany let its citizens get chilled and have its gas-powered factories shut down to make sure Ukraine deadbeat power companies have enough gas to keep their Kiev customers nice and warm on a chilly winter's day?  I doubt it. 

Thu, 09/25/2014 - 13:08 | 5256295 Winston Churchill
Winston Churchill's picture

Safe bet. During the winter of discontent in the UK, I had power in my factory without

power outs, but not at my home.German biz will come first, then consumers, and

then ,what the fuck is a Ukraine ?

Thu, 09/25/2014 - 13:23 | 5256378 813kml
813kml's picture

It's shaping up to be the winter of discount tents and wood stoves.

Thu, 09/25/2014 - 12:56 | 5256232 ejmoosa
ejmoosa's picture

Here's to hoping he demands payments in Au and Ag, in full.

Thu, 09/25/2014 - 13:44 | 5256464 SAT 800
SAT 800's picture

Nagative Bond Yields ? Wow; what a deal. Where can I get some of those ?  Is that like Gold, (doesn't pay any dividends), only worse ? How extremely attractive.

Thu, 09/25/2014 - 12:30 | 5256067 the not so migh...
the not so mighty maximiza's picture

floreplay??  he jumped right for the clitorious

Thu, 09/25/2014 - 12:33 | 5256082 eyesofpelosi
eyesofpelosi's picture

More like a few inches to the rear.

Thu, 09/25/2014 - 12:43 | 5256162 Looney
Looney's picture

... with a fist  ;-)

Looney

Thu, 09/25/2014 - 13:02 | 5256261 eyesofpelosi
eyesofpelosi's picture

EU: Vlad, wiggle your fingers now.

Thu, 09/25/2014 - 13:39 | 5256443 pot_and_kettle
pot_and_kettle's picture

Gonna feel open-palmed around January

Thu, 09/25/2014 - 12:41 | 5256159 TeamDepends
TeamDepends's picture

"Clitorious" indeed. It is a mysterious region, full of savages and beauty.

Thu, 09/25/2014 - 12:43 | 5256167 Dr Strangemember
Dr Strangemember's picture

Obama's clitorious?

Thu, 09/25/2014 - 12:48 | 5256186 Looney
Looney's picture

Yes, and G-spotless  ;-)

Looney

Thu, 09/25/2014 - 13:12 | 5256317 Stumpy4516
Stumpy4516's picture

No, he has talked about doing something, to date he has done nothing.

Putin is not talking responding to sanctions with gas supply decreases but is only talking about decreases to account for the gas diverted to Ukraine.  This is a big deal to Ukraine but not to the rest of Europe unless they are the ones who want NATO in Ukraine.

There are many more games and talk to occur over the gas to Ukraine. 

Thu, 09/25/2014 - 12:30 | 5256071 Ms. Erable
Ms. Erable's picture

Check to USA, Inc. Your move, Barry.

Thu, 09/25/2014 - 12:34 | 5256089 eyesofpelosi
eyesofpelosi's picture

Barry is playing Twister with Valerie.

Thu, 09/25/2014 - 12:30 | 5256072 alexcojones
alexcojones's picture

PUTIN caused stocks to prematurely ejaculate-!

Thu, 09/25/2014 - 12:34 | 5256101 walküre
walküre's picture

someone pulled out early

Baby, I swear I'm not going to ...

Thu, 09/25/2014 - 15:05 | 5256863 MeelionDollerBogus
MeelionDollerBogus's picture

Oh no!

Supposed to PULL OUT not PUTIN!

Thu, 09/25/2014 - 12:33 | 5256085 williambanzai7
williambanzai7's picture

Europeans are hearty folk and used to cold Winters, that is why Vladimir Putin will wait until it gets shit freezing cold and only then will he grab Angela Merkel by the gas short hairs and slap her over the sanctions head.

Thu, 09/25/2014 - 12:50 | 5256208 BlindMonkey
BlindMonkey's picture

It will turn her on tremendously. She is German after all.

Thu, 09/25/2014 - 12:33 | 5256090 Zaptastic
Zaptastic's picture

It's going to be a cold winter.  Perogies are going to be frozen!

Thu, 09/25/2014 - 14:43 | 5256738 Urban Redneck
Urban Redneck's picture

This is still foreplay. Ukraine has the third largest gas storage facilities in the world (behind the USSA and USSR). That gas isn't being pumped to Ukraine to supply the Ukies (who have been priced out of the market) this winter, it's to make up for the EUSSR's usual not measuring up to the big boys that it wants to play as equals with...

The funny thing is that more than 50% of Ukraine's facilities are concentrated in Lviv (even more when one factors in the loss of the facility in Crimea and the tenuous grasp on certain eastern provinces), so if Putin (or a rogue gas trader/bankster with a net long position and an account at Blackwater, or a freezing UkieNazi) takes out one pipeline - gas prices will spike in the EU as storage capacity is re-examined.

Thu, 09/25/2014 - 19:38 | 5257921 tvdog
tvdog's picture

Of course, if Russia really wanted to play dirty they could false flag their own UkieNazi; too bad the Russians like to play fair when the U.S. doesn't.

Thu, 09/25/2014 - 12:34 | 5256091 Seasmoke
Seasmoke's picture

At this point I'm Just waiting for the money shot. 

Thu, 09/25/2014 - 12:33 | 5256092 Occam's Norelco
Occam's Norelco's picture

That is the price that Washington's mindless vassals have to pay when they obey their masters' orders. Maybe the people in Europe will force their idiot leaders to think about Europe instead of Nuland et al and their mindless agenda. The dumb leading the dumb.

Thu, 09/25/2014 - 12:42 | 5256163 disabledvet
disabledvet's picture

Yep

Thu, 09/25/2014 - 12:36 | 5256094 alexcojones
alexcojones's picture

PUTIN caused the GSR to rise to 69.69

Damn that Immoral Man-!

Thu, 09/25/2014 - 12:36 | 5256110 crazybob369
crazybob369's picture

Anyone who didn't see this coming, please raise your hand.

OK. I see a big eared black person in the back with his hand raised. Anyone else?

Thu, 09/25/2014 - 12:38 | 5256129 buzzsaw99
buzzsaw99's picture

those phat bund yields will keep them warm at night /s

Thu, 09/25/2014 - 12:38 | 5256133 anachronism
anachronism's picture

Ultimately, it will depend on where the money is coming from in order to pay for the gas which is being redirected into Ukraine. Secondly, it depends on how much EU will pay for Russian gas and whether it will pay for it, or merely postpone payments until some future date.

As long as the EU is promptly paying the full price for the gas it gets from Russia, the Russians will be content to let this go on. Ukraine can't pay for the gas it gets. So, "printed money" must come from the IMF to pay for it. But the IMF has never before allowed its largess to continue without setting harsh terms for repayment. The troubles for Ukraine will only get worse.

 

Thu, 09/25/2014 - 12:42 | 5256157 the not so migh...
the not so mighty maximiza's picture

i think this is going beyond printed money accumilation

Thu, 09/25/2014 - 12:52 | 5256213 Winston Churchill
Winston Churchill's picture

Truth , and paper promises second, are the first casualties of War.

Obozo declared war on Russia yesterday, you can't read it any other way.

Churkin certainly got it, and reported it back

I forecast severe temp. global warming is iminent ,unless this stops.

Thu, 09/25/2014 - 19:42 | 5257932 tvdog
Thu, 09/25/2014 - 12:39 | 5256136 alexcojones
alexcojones's picture

Stalingrad, HH?

One would think the French and Germans would have learned from the disasters of NAPOLEON and HITLER in Russian winter.

Thu, 09/25/2014 - 12:56 | 5256234 Peter Pan
Peter Pan's picture

Lessons are never learned and this is why history repeats itself.

Thu, 09/25/2014 - 13:31 | 5256405 813kml
813kml's picture

It takes three generations to forget the lessons of history, the trainwreck is right on schedule.

Thu, 09/25/2014 - 15:48 | 5257055 samcontrol
samcontrol's picture

well. it has been more than three generations for the French.
The Germans need 5 minutes to learn a lesson.
Now the mighty US do A might fuck this up even more.

my father indured 4 years of camps in WWII , he said.
" Russians are the hardest fuckers around , only when the world ends Russsians will dissapear ."

Thu, 09/25/2014 - 14:56 | 5256789 Lea
Lea's picture

"One would think the French and Germans would have learned from the disasters of NAPOLEON and HITLER in Russian winter."

Trouble is the EU leaders are all pro-American, and as such, have forgotten their history, their roots, their culture. They are as much an amorphous neoliberal progressive bunch as the criminals in Washington DC. Same greed, same ignorance, same short-term vision, same hypocritical petty moralism, same moronic arrogance. They can't even spell in their own languages, and I'm not joking: you should see their spelling mistakes.

If you want people who can really think, you have to go to the alternative media and the anti-system people, same as in the USA. Neoliberalism literally kills neurons. It's a reality.

Thu, 09/25/2014 - 15:53 | 5257065 samcontrol
samcontrol's picture

True , i,m French and i am embarrassed by my spelling in French. It,s so bad i prefer writing to French friends in Spanglish.
Most of them speak "it" and other new languages ..
Miami gives crashes courses in several.

Thu, 09/25/2014 - 12:40 | 5256148 ekm1
ekm1's picture

Putin rushing to do something now that Obama is surrendering to neocons and pentagon

 

Thu, 09/25/2014 - 12:48 | 5256189 ekm1
ekm1's picture

It seems to me that Pentagon Junta is shaping up slowly

Thu, 09/25/2014 - 13:00 | 5256259 HenryHall
HenryHall's picture

There will be no gas reductions if the damn bill is paid.

In the end there is no other solution - the EU did this to Ukraine, the EU must pay Ukraine's debts and buy Ukraine free gas. There is no other solution. They made their bed, now they must lie on it.

Thu, 09/25/2014 - 12:40 | 5256149 falak pema
falak pema's picture

Merkel has to choose now; as I said earlier :  its Putin vs Sunni monarchies vs Shia IRan, that feeds EZ with its gas. 

This coming prolonged war between West and Islam (cum Putinistan) will make that choice very actual. 

Maybe, Putin is using his chips to get the best terms before he meets EU in Italy summit meeting. 

Thu, 09/25/2014 - 12:45 | 5256169 tony wilson
tony wilson's picture
Russia Threatens European Gas Supply Disruptions

 

that is not cricket it is also anti semetic.

russia must supply the ukrainia as much free gas as the nazi rabbi's demand.

they must also right off any passed usage consumption debt they must also supply the rabbi girls from moscowitch and vladdy vostok for fucking and talmudick sucking sessions with time off for tora bora religous holidays.

Thu, 09/25/2014 - 14:01 | 5256563 American Dreams
American Dreams's picture

Thats some sick shit right there Tony.  Well played

Know your enemy

AD

Thu, 09/25/2014 - 12:44 | 5256174 q99x2
q99x2's picture

I'll let you know if a nuclear bomb lands in my neighborhood.

Thu, 09/25/2014 - 15:54 | 5257080 samcontrol
samcontrol's picture

cool send me pics on fuckbook

sarc off.

Thu, 09/25/2014 - 13:00 | 5256217 Peter Pan
Peter Pan's picture

I see a lot of trees being cut down, a lot of furniture being burned, a big comeback for long johns and perhaps Europe might embrace the burka for practical reasons.

Australian wool growers might do well also if gas is turned down or off.

Greek olive growers will also do well as no cooking is required for olives as opposed to beans.

Thu, 09/25/2014 - 12:57 | 5256225 Mike Masr
Mike Masr's picture

Let the vassal EU countries freeze and send them Al Gore to do a report on GW!!! 

Thu, 09/25/2014 - 12:56 | 5256236 Canucklehead
Canucklehead's picture

Bring on the Qatari gas pipeline.

Thu, 09/25/2014 - 13:19 | 5256361 Bankster Kibble
Bankster Kibble's picture

Maybe Qatar can redirect the pipeline along North Africa and cross the strait into Spain and thus Europe.  Syria may be shorter but it will likely be blown up for the next ten years or so . . .

Thu, 09/25/2014 - 14:18 | 5256629 FeralSerf
FeralSerf's picture

The natives are getting restless in North Africa thanks to the ZioMerkins.

Maybe the Emir could make a deal with the Saudis, Jordanians and the Zionists? But then he'd have to share some (most) of the proceeds, eh? He'd better hurry if he's going to get there before the Iranians decide to get in bed with the Turks.

Politics (and money) make for (very) strange bedfellows.

Fri, 09/26/2014 - 02:00 | 5258808 Nassim
Nassim's picture

Sure. The Americans invaded Afghanistan partly so that they could build a pipeline from Turkmenistan to the Indian Ocean (Arabian Sea). Karzai was a "consultant" to Unicolso they made him prime minister.

http://centurean2.wordpress.com/2009/10/27/dying-for-oil-unicol-corporat...

Sadly, it did not work out very well as the foreign troops never did control much other than a few cities and road. You cannot build a gas pipeline without having the locals on board.

Thu, 09/25/2014 - 12:58 | 5256240 Tinky
Tinky's picture

This move could possibly have a chilling effect.

Thu, 09/25/2014 - 12:59 | 5256246 eyesofpelosi
eyesofpelosi's picture

The EU needs to chill out.

Thu, 09/25/2014 - 13:00 | 5256260 gdiamond22
gdiamond22's picture

That chart could use a fluffer

Thu, 09/25/2014 - 13:02 | 5256263 WTFUD
WTFUD's picture

Am in Germany and Austria in a weeks time and intend to wind-up my associates who feel they are superior to the rest of Europe. All i hear from them as we drive down long roads and motorways is ' do you see this and that company over there; industry leaders they are '.
Is that correct i say , pity you can't take a piss until requesting permission from the CABAL.
This is met with acknowledgement and over dinner and a few drinks to loosen them up an admission i am not too far away with the truth.
However these are industry and businessmen and we would never get this frankness from the CLOWNS in Politics.

Thu, 09/25/2014 - 13:05 | 5256281 jubber
jubber's picture

"I have two generals who will not fail me: Generals January and February." Tsar Nicholas I

Thu, 09/25/2014 - 13:05 | 5256285 goldhedge
goldhedge's picture

Go for it Vlad.  I hope Europe is in for a fucking cold winter.

But I know UK energy prices will "surprisingly" increase even though we don't even get any Russian gas.

 

Thu, 09/25/2014 - 13:14 | 5256330 JohninMK
JohninMK's picture

British Gas are contracted to buy the first Russian gas into the UK next month.

Thu, 09/25/2014 - 15:50 | 5257059 goldhedge
goldhedge's picture

The Scots should have voted for Independance.

When will you learn?

Thu, 09/25/2014 - 13:15 | 5256335 WTFUD
WTFUD's picture

Following on from my previous post German Business men and women are pissed off big time with Granny Merkel.
It is not an exaggeration when i tell you that 4/5 of them have set up most of their recent business undertakings in Russia, pulling the slack from the EU members and sending their best employees to Moscow.
That is where they see their future and for the last several years have invested heavily.
Any fucker who says different is lying and this antagonism towards Putin will backfire badly.

Thu, 09/25/2014 - 14:30 | 5256676 Volkodav
Volkodav's picture

"What is good for the Russian is death for the German"

traditional...and from the Russian screenplay "Brat" (Brother)

Thu, 09/25/2014 - 13:15 | 5256343 no more banksters
no more banksters's picture

"... the new president of Russia managed to "hypnotize" the West, by playing the game with its own terms, empowering, at the same time, the Russian influence. By enhancing the pipeline network in Europe, he managed to secure its energy dependence from Russia and boost the geopolitical power of his country."

http://failedevolution.blogspot.gr/2014/05/the-big-barrier-called-putin....

Thu, 09/25/2014 - 13:16 | 5256345 basho
basho's picture

"It appears Vladimir Putin is willing to hit 'em while until they're down."

the arrogant EU needs a bit of a cold draft up their collective a**es.

this might be what europe needs to start breaking up the EU/UE connection.

listening to Porky lay out his '2020' program this afternoon to the UE sheeple almost made one cry.

this guy is sooooo out of touch. he is going to reform everything at once - over 60 different reform pkges all at once.

and now EU getting its marching orders from RU for the coming months.

poor b**tards won't know who to listen to barry or vlad.

LMAO

Thu, 09/25/2014 - 13:18 | 5256358 Fletch F. Fletch
Fletch F. Fletch's picture

Actual El Nino probability is low.  Forecast on the link provided in the article is for a mild Euro winter.

Thu, 09/25/2014 - 13:22 | 5256371 teslaberry
teslaberry's picture

russia used to export almost nothing to Europe nearly 30 years ago as the soviet union. very nearly nothing compare to today.

http://en.wikipedia.org/wiki/Foreign_trade_of_the_Soviet_Union

so , with the collapse of the soviet union--- VERY CHEAP GAS AND OIL WAS MADE AVAILABLE TO EUROPE. THEY WERE GETTING A GREAT DEAL. AND THEN THEY GOT ADDICTED.

THIS IS ALWAYS A DIALECTIC OF COMMODITY TRADE IN HISTORY. THE POWERFUL NATIONS GET THE CHEAP GOODS FROM THE POWERLESS. THEIR POPULATION AND INDUSTRIAL SECTORS GET 'HOOKED' .

ALL GOOD THINGS MUST COME TO AN END. AND YET--------SOMEONE UP HIGH ENSURED THAT GERMANY STOPPED BURNING COAL.

IF THERE IS AN EMERGENCY OF WW3 GERMANY WILL GO BACK TO COAL. BUT SOMEONE VERY SMART SET UP GERMANY FOR AN ENERGY CRISIS BY INCREASING AND SEALING UP THEIR NECESSARY DEPENDENCE ON RUSSIA.

OH YEA, FOR YOU FUCKNUTS THAT THING GERMANY HAS LOTS OF SOLAR POWER , you are coorect, but power for factories and industrial production is not solar . so YOU HAVE NO FUCKING CLUE WHAT YOU ARE TALKING ABOUT.

germany like every godamn country in the world short of perhaps france is fully dependent on hydrocarbons for a huge chunk of their base-load and all of heir marginal production of energy.

Thu, 09/25/2014 - 16:08 | 5257123 JohninMK
JohninMK's picture

You need to check your facts. Lignite is a brown low energy coal. From http://www.bbc.co.uk/news/business-26820405

Two new lignite plants were opened in 2012, with a further two in the pipeline. Another two hard coal plants also opened last year, with a further five opening this year or next, with two more awaiting licences.

The effects are already being felt. Lignite production in 2012 hit its highest level for almost 20 years, while initial estimates suggest this brown coal was used to generate 162bn kWh of electricity last year, more than in any year since 1990. The use of hard coal also increased, meaning the two energy sources accounted for 46% of Germany's overall energy production.

 

Thu, 09/25/2014 - 13:30 | 5256393 Duffy
Duffy's picture

How far away from the market is Israel's Leviathan gas?

 

 

Thu, 09/25/2014 - 13:31 | 5256408 Quaderratic Probing
Quaderratic Probing's picture

 

If they can afford to send to Ukraine now they dont need it in Europe, at least now.

In the end when Europe does need it they will comply

Thu, 09/25/2014 - 13:41 | 5256450 Itchy and Scratchy
Itchy and Scratchy's picture

Jumpin' Vlad Flash is a gaz, gaz gaz!

Thu, 09/25/2014 - 14:38 | 5256711 eyesofpelosi
eyesofpelosi's picture

He was born on a gaz line ta Uuuukraine...

Thu, 09/25/2014 - 13:49 | 5256462 Againstthelie
Againstthelie's picture

EU re-exporting Russian-purchased gas to Ukraine exceeds existing treaties, Novak tells newspaper

Following this article the side that breaks the contract is securing European gas and the side that provides the gas and demands pacta sunt servanda is the one threatening the other side?

I call it sensationalism and severe disinformation...

 

Thu, 09/25/2014 - 13:45 | 5256471 One of We
One of We's picture

Not to worry the tomahawks can fly south for the winter.

Thu, 09/25/2014 - 14:16 | 5256617 pcrs
pcrs's picture

I am surprised he objects. I europe re exports, the EU is stuck with a bad creditor. In a war foreplay, you want your opponent to be stuck with lots of bad credit.

Thu, 09/25/2014 - 22:57 | 5258482 talisman
talisman's picture

your opponent is backed by someone with
fast enough printing presses to print debt away
--like POOF!!!--There goes debt!!

Thu, 09/25/2014 - 14:49 | 5256768 ThisIsBob
ThisIsBob's picture

Hard to be nice to somebody who is helping some asshole  beat you out of a debt.

Thu, 09/25/2014 - 23:33 | 5258561 StychoKiller
StychoKiller's picture

Yeah, but in this instance the EU is gonna end up having to pay for deadbeat Ukraine, one way or another (C'mon Draghi, you can do it!  Have you looked under ALL the sofa cushions yet?).

Thu, 09/25/2014 - 14:55 | 5256814 limacon
limacon's picture

Be really smart . See

https://www.academia.edu/8491490/Prodigy_Update_I  

and avoid annoyances like World Wars .

Thu, 09/25/2014 - 15:00 | 5256836 10mm
10mm's picture

Hey Hey Hey. Detroit dead beats just call in the UN to broker a deal.

Thu, 09/25/2014 - 15:02 | 5256848 Fuku Ben
Fuku Ben's picture

EU upcoming Ice Bucket Challenge right on schedule

Thu, 09/25/2014 - 15:17 | 5256910 Irishcyclist
Irishcyclist's picture

If we get a similar winter to 2010, or 2011, this year, Europe will be begging Russia for their gas.

I remember Frankfurt airport being gridlocked for days due to the cold in 2010.

 

Thu, 09/25/2014 - 15:18 | 5256917 css1971
css1971's picture

Just turned on my Russian gas tonight.

Starting to get cold.

Thu, 09/25/2014 - 15:28 | 5256964 Smiley
Smiley's picture

Vlad seems to a have a bit of a taste for theater.  I wonder if he will wait until first frost, freeze, snow, or perhaps a date to spin the valves at Gazprom?

Shutting of the gas on Guy Fawkes Night (Nov 5'th), or perhaps Armistice Day (Nov 11'th) would be quite ironic.

Thu, 09/25/2014 - 16:20 | 5257167 JohninMK
JohninMK's picture

I think one thing is certain. Russia will honour their contracts to the last 't'. Afterall, they want the French to honour the Mistral contract.

That means if their Western customers accepted that there were re-export conditions then the Russians will now enforce them, even if the didn't in the past. From all that is being said it seems that those conditions are in the contracts and the complaints from the West have no contractual merit.

Just like a couple of weeks ago when the Poles, who had the right to ask, requested more supplies, and Gazprom, who had the right to refuse, said no. So the Poles screamed that the evil Russians had cut their supplies, forgetting to mention that that was what they had agreed to in the contract.

One does wonder what, if any money, is changing hands for these reverse flow agreements.

Also bear in mind that the German subsidiary of EDF that controls much of the reverse flow pipe systems is now (from Q2 2014) Russian owned, so they know exactly what is going on. Prudent purchase that one.

Thu, 09/25/2014 - 17:34 | 5257476 Ancientkarma
Ancientkarma's picture

Great post,please remember the I.MF.just put in 100$million to Ukraine.

Thu, 09/25/2014 - 16:34 | 5257256 NubianSundance
NubianSundance's picture

Let me say two words to you, just two words. Solar Panels.

Thu, 09/25/2014 - 16:40 | 5257278 JohninMK
JohninMK's picture

Not a lot of use in dark northern european winters. I know, I have them.

Thu, 09/25/2014 - 16:46 | 5257308 NubianSundance
NubianSundance's picture

" But as our mornings get darker and the nights draw in, the major question is - do solar thermal panels produce hot water in the winter? Fortunately for homeowners, the answer is yes. Solar panels work on light not heat, meaning they continue to work during the winter, - See more at: http://www.britishgas.co.uk/blog/articles/does-solar-power-work-in-the-winter#sthash.PCPX4osX.dpuf "

Thu, 09/25/2014 - 17:48 | 5257532 SmittyinLA
SmittyinLA's picture

better yet windmillls, windmills with giant billion dollar air compressor turbines http://www.kptv.com/story/26611733/renewable-energy-plan-hinges-on-huge-...

 

Thu, 09/25/2014 - 21:08 | 5258183 tvdog
tvdog's picture

How does compressed air storage compare with using the wind-generated electricity to make hydrogen from water onsite? Seems like you'd have losses running the turbines to make electricity, while the hydrogen could be used directly as fuel in some industrial application.

Thu, 09/25/2014 - 16:45 | 5257310 Herdee
Herdee's picture

Let's see the EU cough up that kind of money on behalf of a nazi backed government that has destroyed the whole economy and is corrupt as hell.You can thank the CIA and Victoria Nuland as neocon ringleaders.Bust.In my opinion,someone was desperate for that Ukrainian gold that was taken out of the country.I think the U.S. needed it to repay Germany because they didn't have it any longer in their Reserves.Nobody can proove any different because The Federal Reserve hasn't had its' gold reserves audited since the Eisenhower Administration.Until Congress can get a new law through,the scams will continue on leasing and hypothecation of real money that is the only true money as mentioned in The U.S. Constitution.Federal Reserve notes are currency fiat paper printed notes.They are not gold backed notes.It is not constitutional as written to use a currency outside of what has been authorized.It is run as a criminal enterprise and corporation intended to destroy America as we know it.U.S. monetary policy is now controlled by a syndicate of bankers.You can't even find out who the Directors of this private corporation actually are,and they won't tell you,and are not required to under the present criminal system.http://www.silverdoctors.com/

Thu, 09/25/2014 - 21:21 | 5258221 tvdog
tvdog's picture

Mr. Cohan is hindered by rule #33 on this list:

http://www.jewfaq.org/613.htm

Thu, 09/25/2014 - 17:42 | 5257499 lost money
lost money's picture

The EU needs to stop following the US lead and just do what Putin wants when he wants the way he wants and everything will be great. Cause the US bossing peoelpe around is bad, but Putin bosing people around is great.

US empire bad, russian empire good. I got that correct, didn't I ron paul?

Thu, 09/25/2014 - 17:59 | 5257575 libertysghost
libertysghost's picture

Who said anyone supported bossing anyone around?  You leave out details that just don't support what you want to believe is true...conveniently.   I wish the wprld wasas simple as you pretend.

Thu, 09/25/2014 - 21:24 | 5258230 tvdog
tvdog's picture

Having two bosses is almost as good as having no boss, which is ideal.

Thu, 09/25/2014 - 18:30 | 5257605 earleflorida
earleflorida's picture

and here's where turkey and 'DAESH' (ISIS?ISIL?IS?), the initials of the islamic state of iraq and al-sham come into play. the (PKK) kurdistan workers party has had enough FOREPLAY[?]! oct.1, 2014 is a date to keep watch[?]-- regarding the entire northern tier.

http://www.al-monitor.com/pulse/originals/2014/09/turkey-pkk-commander-bayik-threatens-resume-war.html  

[sadly]... again, erdogan is playing with fire and a tyme-table where his watch seems to have stopped?

why does he [erdogan?] want so badly to be president [dictator for life under a British Monarchy] by changing the constitution? WHY!

perhaps, 'IS' has the answers?!? to what the function of IS, is?

http://www.al-monitor.com/pulse/originals/2014/09/turkey-russia-ukraine-european-union-natural-gas-tanap.html

"What will Turkey do if Russia turns off Gas?"   &  Exclusive: "PKK commander threatens to resume WAR!"

Thu, 09/25/2014 - 21:34 | 5258269 tvdog
tvdog's picture

Starting to look like those American weapons in Mosul were not so much seized as handed over, deliberately, isn't it?

Thu, 09/25/2014 - 19:13 | 5257825 AdvancingTime
AdvancingTime's picture

At this point Putin holds all the cards, this will become more obvious as winter nears and events unfold.  It seems both Russia and many of the separatist in Eastern Ukraine would support federalization. Surely, no reason exist for Kiev to be opposed other than a loss of power. A more federalized government is also the most plausible way of keeping Ukraine intact.

Support for sanctions is mixed in Europe as some countries fear Russia and have an ax to grind with Putin while others wish to move forward. Saber rattling has only lead to death and destruction.  As I see it little good will come from further bloodshed and it is time for the West to stop sending money to Kiev so they can ramp up the violence and continue the civil war. More on the progress being made in the article below.

http://brucewilds.blogspot.com/2014/08/eu-moving-towards-deal-on-ukraine...

Fri, 09/26/2014 - 01:21 | 5258758 tvdog
tvdog's picture

You write with approval of Merkel's support for "Poroshenko's plans to give more responsibility to local authorities" as evidence that Europe is moving towards a diplomatic solution to the Ukrainian conflict. You also note that "[u]nder the present system, the central government appoints provincial governors ... who are distrusted by many in the east," and indeed the installation of pro-Kiev oligarchs as governors of the eastern provinces was the spark that set off the conflagration in the first place. Having been denied their democratic choice of leadership, the citizenry responded by seizing government offices. Giving those same leaders more power would be nothing but a ploy, another in a long series of ploys by Kiev to attempt to undercut the people of Novorussia while appearing to make concessions, and the victims would not fall for it as Merkel appears to.

I am not optimistic as you are that Poroshenko and his supporters could be induced to allow the Novorussians to select their own leadership instead. As I said, I think his offer is nothing but a ploy, making federalism, your supported solution, is as impossible as it is obvious. The fundamental dishonesty of the junta has most recently been shown by its continued shelling of resistance positions after signing a supposed ceasefire, but the string of lies emitted by Kiev has been long and continuous. The government bussed in neo-Nazi thugs who burned largely peaceful protesters alive in Odessa, then claimed that the protesters had set themselves on fire, lied about the number killed, and delayed and obstructed the investigation. The same government shot down a passenger plane in an attempt to frame the rebels for it although its own prosecutor-general admitted that the resistance fighters did not have the means to attack the plane; Kiev then confiscated and concealed the air traffic control recordings in an attempt to cover up what had happened. The junta produced falsified video and audio recordings to support its "case" while blaming first Russia, then the rebels, then both, then claimed the rebels had committed the crime by acccident, all the while never explaining why it had warplanes following the passenger jet or why the jet was directed hundreds of miles north of a normal flight path and into a warzone. Following the shoot-down, the Kiev military initiated attacks into the area where the debris had fallen, preventing investigators from reaching the site and disturbing the area.

Europe has only enabled the junta's dishonesty (as well as that of the United States), supporting each outlandish lie as if it were proven fact, even insisting without evidence that Russia had staged an "invasion" of Ukraine. At this point, the Novorussians dismiss the possibility of federation and insist on independence, while the Kiev junta, driven to negotiate because its unmotivated troops were losing the war, still continued to pretend that it was negotiating with Russia rather than its own oppressed people.

For Europe to move towards a deal as you hope and claim, it must first move in the direction of the truth, but instead it continues to blame Russia for the result of Kiev's oppression of its own citizens, even as Russia persistently pursues peace. Until then, any moves the EU may make to extricate itself from the economic disaster it is baking for itself can never bear fruit.

Thu, 09/25/2014 - 23:00 | 5258486 CamoZ
CamoZ's picture

I think "threats" still count as foreplay. Once he shuts the tap he will be f'n for real.

Fri, 09/26/2014 - 11:33 | 5259749 Johnny_is_alrea...
Johnny_is_already_taken's picture

I live in a country that is white on that map so I dont give a FUCK about russia, ukrain or fucking germany need for gas.

It would be nice to see them at war over it though

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