This page has been archived and commenting is disabled.

Russia Cuts Off Ukraine Gas Supply To 6 European Countries

Tyler Durden's picture




 

Vladimir Putin ordered the Russian state energy giant Gazprom to cut supplies to and through Ukraine amid accusations, according to The Daily Mail, that its neighbor has been siphoning off and stealing Russian gas. Due to these "transit risks for European consumers in the territory of Ukraine," Gazprom cut gas exports to Europe by 60%, plunging the continent into an energy crisis "within hours." Perhaps explaining the explosion higher in NatGas prices (and oil) today, gas companies in Ukraine confirmed that Russia had cut off supply; and six countries reported a complete shut-off of Russian gas. The EU raged that the sudden cut-off to some of its member countries was "completely unacceptable," but Gazprom CEO Alexey Miller later added that Russia plans to shift all its natural gas flows crossing Ukraine to a route via Turkey; and Russian Energy Minister Alexander Novak stated unequivocally, "the decision has been made."

As Bloomberg reports,

Russia plans to shift all its natural gas flows crossing Ukraine to a route via Turkey, a surprise move that the European Union’s energy chief said would hurt its reputation as a supplier.

 

The decision makes no economic sense, Maros Sefcovic, the European Commission’s vice president for energy union, told reporters today after talks with Russian government officials and the head of gas exporter, OAO Gazprom, in Moscow.

 

Gazprom, the world’s biggest natural gas supplier, plans to send 63 billion cubic meters through a proposed link under the Black Sea to Turkey, fully replacing shipments via Ukraine, Chief Executive Officer Alexey Miller said during the discussions. About 40 percent of Russia’s gas exports to Europe and Turkey travel through Ukraine’s Soviet-era network.

 

...

 

Sefcovic said he was “very surprised” by Miller’s comment, adding that relying on a Turkish route, without Ukraine, won’t fit with the EU’s gas system.

 

Gazprom plans to deliver the fuel to Turkey’s border with Greece and “it’s up to the EU to decide what to do” with it further, according to Sefcovic.

Which, as The Daily Mail reports, has led to a major (and imminent) problem for Europe...

Russia cut gas exports to Europe by 60 per cent today, plunging the continent into an energy crisis 'within hours' as a dispute with Ukraine escalated.

 

This morning, gas companies in Ukraine said that Russia had completely cut off their supply.

 

Six countries reported a complete shut-off of Russian gas shipped via Ukraine today, in a sharp escalation of a struggle over energy that threatens Europe as winter sets in.

 

Bulgaria, Greece, Macedonia, Romania, Croatia and Turkey all reported a halt in gas shipments from Russia through Ukraine.

*  *  *
As Bloomberg goes on to note, Gazprom has reduced deliveries via Ukraine after price and debt disputes with the neighboring country that twice in the past decade disrupted supplies to the EU during freezing weather.

“Transit risks for European consumers on the territory of Ukraine remain,” Miller said in an e-mailed statement. “There are no other options” except for the planned Turkish Stream link, he said.

 

“We have informed our European partners, and now it is up to them to put in place the necessary infrastructure starting from the Turkish-Greek border,” Miller said.

 

Russia won’t hurt its image with a shift to Turkey because it has always been a reliable gas supplier and never violated its obligations, Russian Energy Minister Alexander Novak told reporters today in Moscow after meeting Sefcovic.

 

“The decision has been made,” Novak said. “We are diversifying and eliminating the risks of unreliable countries that caused problems in past years, including for European consumers.”

*  *  *

That helps to explain today's epic meltup in NatGas futures...

*  *  *

"They [the Russians] have reduced deliveries to 92million cubic metres per 24 hours compared to the promised 221million cubic metres without explanation," said Valentin Zemlyansky of the Ukrainian gas company Naftogaz.

 

"We do not understand how we will deliver gas to Europe. This means that in a few hours problems with supplies to Europe will begin."

*  *  *

Check to you Europe (i.e. Washington)... Because it's getting might cold in Europe...

 

(and bear in mind the consequences of cold, pissed off Europeans in the past).

 

- advertisements -

Comment viewing options

Select your preferred way to display the comments and click "Save settings" to activate your changes.
Wed, 01/14/2015 - 20:59 | 5662755 nicoacademia
nicoacademia's picture

what happens when israel starts selling gas to the continent?

Wed, 01/14/2015 - 21:00 | 5662761 COSMOS
COSMOS's picture

They overestimated their reserves.  Always done.  They only have enough gas for their menorrhas.

Wed, 01/14/2015 - 21:03 | 5662770 Greenskeeper_Carl
Greenskeeper_Carl's picture

Haha I'm no Putin lover, but that shit is funny. Dumb ass euros following washing tons orders

Wed, 01/14/2015 - 21:04 | 5662781 knukles
knukles's picture

Ditto.
Puties has the gas and DC the hot air.
Which ya' gonna stay warm with?

Wed, 01/14/2015 - 21:05 | 5662785 hedgeless_horseman
hedgeless_horseman's picture

 

 

Bulgaria, Greece, Macedonia, Romania, Croatia and Turkey all reported a halt in gas shipments from Russia through Ukraine.

"Fuck the EU," said Victoria Nuland-Kagan.   Let them eat cold soup.

Wed, 01/14/2015 - 21:06 | 5662791 kliguy38
kliguy38's picture

We froze a few folks.......

Wed, 01/14/2015 - 21:12 | 5662804 hedgeless_horseman
hedgeless_horseman's picture

 

 

Don't count on others for your survival.

If it gets cold where you live, then purchase

o   A mummy style sleeping bag like a Wiggies; $250.

o   At least one set of heavy wool pants and wool parka, such as Columbia's Gallatin Range ; $350.

o   A pair of warm boots, wool socks, warm gloves, and a wool hat; $350.

o   Two sets of Patagonia long underwear; $120.

Wed, 01/14/2015 - 21:13 | 5662815 WayBehind
WayBehind's picture

Long overdue!

Wed, 01/14/2015 - 21:18 | 5662835 Publicus
Publicus's picture

Now switch payment terms to Ruble.

Wed, 01/14/2015 - 21:22 | 5662853 saints51
saints51's picture

MUWAHAHAHAHAHAHAHAHAHA!

Stupid fucking Europeans. Keep listening to DC and this is what happens. 2015 not a good start for some.

Wed, 01/14/2015 - 21:26 | 5662873 SWRichmond
SWRichmond's picture

Call your children home, the balloon just went up.

Wed, 01/14/2015 - 21:40 | 5662934 Publicus
Publicus's picture

BTW that dailymail article was from 2009. So this article needs to be edited....

Wed, 01/14/2015 - 22:18 | 5663092 Anusocracy
Anusocracy's picture

When Mother Nature gives you the cold shoulder try this dinky super-insulated home.

Back in 2012, we reported on Version.2 by Canadian small living firm Leaf House, which is headed by Laird Herbert. Now Herbert is back with a new and improved tiny home that he intends to use as a case study for small living in cold climates. Version.3 is designed to take temperatures of -50 °C (-58 °F) in its stride, and also packs a number of other benefits over its predecessor, including increased interior space and decreased weight.

http://www.gizmag.com/version3-leaf-house-laird-herbert/35558/

Wed, 01/14/2015 - 22:21 | 5663112 linniepar
linniepar's picture

I'm going long on old phone books and wood stoves.

Wed, 01/14/2015 - 22:49 | 5663204 Keyser
Keyser's picture

Check....  Middle of January and Vlad tightens the screws on the EU... Be careful for what you wish as it will usually come back and bite you in the ass... Case in point..................

Wed, 01/14/2015 - 23:37 | 5663282 Latina Lover
Latina Lover's picture

Suck it EU, suck the USSA ass really hard, because this is the only gas you will get, out of obamas ass.

for readers who need a history lesson, Imagine the situation... A mere year ago.. Ukraine was a calm and peaceful nation, it had extremly good gas deals with Russia, buying the cheapest gas in Europe, it was about to get a 19 billion dollar loan and it was going to join the Eurasian economic zone.. All was well..

But then the democratically elected president dared to oppose the will of USA.. And within months he was overthrown by a violent antidemocratic coup that installed pro-USA nazists and oligarchs as the new junta government, the people of Crimea toke their chance and seceded while the unconstitutional pro-USA junta was still new in power.. And the Donbas region toke the chance and vote for more self-rule.. At which the pro-USA coup government responded to by sending armed nazi battalions and forced conscripts.. Starting the Ukrainian civil war.

Now the Ukranian economy is ruined.
20 000+ Ukraninian soldiers are dead.
Ukraine pays normal gas prices.
Ukraine is moments away from default.
Ukraine relationship with its brother Russia is ruined.
The Donbas region is in revolt and Crimea is lost forever.
Even if Donbas was taken back with military violence there would be partisan warfare there forever due to all the acts of terror and genocide comitted by the pro-USA forces(Starvation, clusterbombing, terror)
And now Ukraine is about to loose its biggest source of income, the oil/gas pipelines to Europe.

Ukraine situation has gone from positive to hell in a mere couple of months. Just like the situation in Libya, Syria, Iraq, Afghanistan, where USA meddled as well.

Thu, 01/15/2015 - 00:06 | 5663447 Tracerfan
Tracerfan's picture

I would upvote your post multiple times, but ZH only allows it once.

Thu, 01/15/2015 - 00:32 | 5663504 rccalhoun
rccalhoun's picture

O is going to have to give a speech about this as retaliation

Thu, 01/15/2015 - 01:02 | 5663577 nope-1004
nope-1004's picture

Putin's speeches are much better than Odummies.  They get right to the point, like "Any foreign nation the US occupies turns to shit", or something along those lines.

Thu, 01/15/2015 - 01:16 | 5663602 Manthong
Manthong's picture

Well, the good news is now that Hunter doesn’t have any supply to distribute, he has a lot more time for blow.

 

Thu, 01/15/2015 - 08:47 | 5664192 Latina Lover
Latina Lover's picture

It is also better for the Ukraine.  The only thing that is more dangerous than being America's enemy, is being America's friend.

Thu, 01/15/2015 - 09:53 | 5664422 STP
STP's picture

Exactly right.  Someone pointed an article a few weeks ago from the former PM of Australia: "America: Australia's Dangerous Ally".  It was five pages long and was like a summary of ZH articles on American Foreign Policy.

Thu, 01/15/2015 - 01:15 | 5663605 Handful of Dust
Handful of Dust's picture

Europe is friggin COLD in winter. Remember, even one of their 'southern cities' Rome is on the same latitude as NYC which for us in the USA is considered north. I had to spend a winter in Austria once and thought I'd freeze to death. Heating a large aprtment is so expensive and forget hot water 24/7. Ain't going to happen.

 

Don't get me started about how many times I was snowed in, etc.

Thu, 01/15/2015 - 07:14 | 5663952 winchester
winchester's picture

honnestly, as long any news breaks the loop " we are charlie" in every fucking mouth and msm, i'm on it. i mean, seriously.

 

it is time to bypass religion level of the fight club and to let the world finance system appear collapsing, quick, if no, bankers will laugh behind windows looking brown  &  with kill each others.

i  personnaly do not want to struggle for life if a whole part of the globe look at us, i prefer a total old fashion world war, don't you ?

Thu, 01/15/2015 - 01:21 | 5663616 wee-weed up
wee-weed up's picture

 

 

O is going to have to give a speech about this as retaliation

----------------------------------------

Or draw another of his whimpy-assed red-lines.

Thu, 01/15/2015 - 00:59 | 5663571 gallistic
gallistic's picture

Most excellent summary!

 

Thu, 01/15/2015 - 02:56 | 5663747 Haus-Targaryen
Haus-Targaryen's picture

I realise I am late to the party -- but 

NordStream AG is still working like normal.  Oh yes, NordStream is essentially Germany's dedicated pipeline.  It does re-export from there, but not all that much.  

Watch this space in the future.  

I imagine this will be used as leverage if things really get hot.   

Thu, 01/15/2015 - 00:59 | 5663572 boattrash
boattrash's picture

Yep, Ray Charles and I saw this coming a year ago.

Thu, 01/15/2015 - 01:55 | 5663687 Mine Is Bigger
Mine Is Bigger's picture

That's racist! You omitted Stevie Wonder!

Thu, 01/15/2015 - 03:09 | 5663760 Soul Glow
Soul Glow's picture

We meddled some folks.

Thu, 01/15/2015 - 07:56 | 5664059 Tarshatha
Tarshatha's picture

Latina Lover,

"Now the Ukranian economy is ruined.
20 000+ Ukraninian soldiers are dead......"

And all their gold went bye, bye.

Thu, 01/15/2015 - 08:46 | 5664188 Latina Lover
Latina Lover's picture

How dare you suggest the Ukie gold is gone ?!  /sarc off

The Ukie gold is securely held in the NYC fed, safe from thieving russian hands.   The painted lead ingots were there to fool the dumb russians. One day the Ukies will get their gold back, the USSA promises.

Thu, 01/15/2015 - 16:20 | 5666380 Road Hazard
Road Hazard's picture

As others have said, excellent summary LL!

Wed, 01/14/2015 - 22:22 | 5663117 johngaltfla
johngaltfla's picture

The Russians have also accelerated their offensive against the Ukes starting around Donetsk and now reportedly launching attacks against villages around Mariupol. I just wonder if the T-90's and T-94's start to roll towards Odess by Sunday night's Asian open. That would be good for a $10 spike in crude next week...

 

Video of the Donestk Airport obliteration the past few nights in the link below.

Russia Drastically Cuts Natural Gas to Europe as Military Offensive against Ukraine Begins

Wed, 01/14/2015 - 23:09 | 5663283 dreadnaught
dreadnaught's picture

HA! Putin is finally showing who is the boss...bravo!

Thu, 01/15/2015 - 01:39 | 5663652 Gregor Samsa
Gregor Samsa's picture

meh

Wed, 01/14/2015 - 22:39 | 5663172 TahoeBilly2012
TahoeBilly2012's picture

You gotta love how Russia just responds in time and without much fanfare. They are teaching the West about Russia style retaliation....talk little, don't act all emotional, wait a spell and then act decisively. No Hollywood style media to back it up, just silent actions.

Wed, 01/14/2015 - 22:54 | 5663222 JoeSexPack
JoeSexPack's picture

Putin & Russkies are the rational adults here.

 

DC & EU are wailing drama queens.

Thu, 01/15/2015 - 03:19 | 5663261 socalbeach
socalbeach's picture

deleted

Sun, 01/18/2015 - 12:46 | 5676573 N0TME
N0TME's picture

If you look below the article writer's name it says, " [updated "

 

.... derp 

Wed, 01/14/2015 - 21:27 | 5662887 franzpick
franzpick's picture

Russia plans to ship the gas through Turkey instead - and Turkey is one of the 6 countries now cut off?

Wed, 01/14/2015 - 21:50 | 5662969 corsair
corsair's picture

Turkey has a direct pipeline to Russia (Blue Stream), but I suppose that its capacity is not sufficient, so it gets some additional amount through EU network.

Shipping gas through Turkey will be possible when the new pipline is completed.

Wed, 01/14/2015 - 21:49 | 5662971 MarketAnarchist
MarketAnarchist's picture

Turkeys shipments VIA ukraine, not turkeys other routes. Also, Turkeys main pipeline is under contstruction, and the US's attempt to get gas From Qatar to Europe through Syria is... well, not going according to plan.

Wed, 01/14/2015 - 22:01 | 5663014 BLOTTO
BLOTTO's picture

Keep the Serbs (non-Nato) warm...

Wed, 01/14/2015 - 23:11 | 5663260 DogOfSinope
DogOfSinope's picture

Serbs are probably watching this USA-EU-Russia circus (between basketball games and tennis matches) and laughing their asses out, musing how smart it was to build those mighty hydro power plants on Danube and completely refurbish those huge coal power plants. It's most likely that the only argument they have while sipping plum brandy after hearty 7-course dinner is about who would they prefer to see loosing.

Thu, 01/15/2015 - 02:32 | 5663726 ThirdWorldDude
ThirdWorldDude's picture

Besides, Balkan peoples are not freezing to death due to this cut-off because gas infrastructure as a relatively new technology is barely developed down there. Most are heating with lumber and coal.

Just came back from a family holiday down in good ole Macedonia, it was bloody freezing -15 degrees Celsius but one can barely feel it after the traditional treat of homemade shine, meat in 1000 ways and then a few glasses of Vranec to keep your heart warm... 

Thu, 01/15/2015 - 00:19 | 5663485 TheReplacement
TheReplacement's picture

The point is, to me at least, that Turkey is out of the closet about flipping to Russia's side.  Those others cut off are probably of significance as potentially following Turkey (especially Greece). 

Peeling away one at a time until everyone notices and then , suddeenly, a rush to the door and everyone dies of asphyxiation in the crush.

Thu, 01/15/2015 - 02:11 | 5663706 InvalidID
InvalidID's picture

 

 Turkey was one of the nations cut off... Turkey has now a limited supply of Nat Gas itself. Turkey, will do what it has to in order to maintain it's own survival, which I believe would include making sure a gas line from Arab states to Europe becomes reality.

 At which point, Russia becomes nothing to Europe.

Thu, 01/15/2015 - 03:16 | 5663769 ThirdWorldDude
ThirdWorldDude's picture

Turkey is directly connected to Russia through Blue Stream and it has an alternative supply route from Azerbaijan. 

Wed, 01/14/2015 - 22:04 | 5663031 Augustus
Augustus's picture

The US advised Europe many years ago that Russia could not be relied upon as a NG supply.  Eruope did not listen and are now reaping the consequences.

This move may be Putin's biggest FU yet.  Shivering populations are not likely to be protesting shale gas development.  If it gets rolling there, Russia will be screwed out of a NG market.  Where is a market for them to deliver it too, Mongolia?

Wed, 01/14/2015 - 22:11 | 5663064 Greenskeeper_Carl
Greenskeeper_Carl's picture

No, to china. A lot of it. Even if their economy slows from their (drastically exaggerated, IMO) rapid growth, they will still have huge energy needs. The EU is really shooting themselves in the foot with this one. The Russians will grow weary of dealing with their bullshit sanctions and after the pipelines to the east are built, Russia will no longer need the EU as customers. There will be a lot of cold and angry people at Europe., wondering why they must suffer because their govts are in washingtons pocket. They will probably need a 'terrorist attack' or two in order to keep them nice and obedient to their govts.

Wed, 01/14/2015 - 22:39 | 5663174 post turtle saver
post turtle saver's picture

what happens if they don't get along with China?

think it through

Wed, 01/14/2015 - 22:50 | 5663206 angel_of_joy
angel_of_joy's picture

They signed 2 contracts already. They get along...

Wed, 01/14/2015 - 22:55 | 5663232 Keyser
Keyser's picture

Perhaps the turtle has had it's head tucked in for too long... Russia has just signed bi-lateral trade agreements with China and China as agreed to back-stop Russia during the western imposed sanctions... Not to mention the new pipelines being built between the two countries as we speak... 

If you were Vlad, would you continue to negotiate with those who are hell-bent on destroying you or turn to a new ally against the western cabal? 

Me tinks you are the one that needs to think it through...

 

Wed, 01/14/2015 - 23:02 | 5663251 post turtle saver
post turtle saver's picture

those contracts mean nothing... we're talking about the Chinese here... you're just bent out of shape because you know that I'm right... China is not a sure bet

Wed, 01/14/2015 - 23:11 | 5663281 DogOfSinope
DogOfSinope's picture

Yeah. And, contracts with US and EU mean much, as evidence suggest. Rrright...

Russia is not unreliable NG supplier. USA puppet regime run Ukraine is. Get your facts right.

Thu, 01/15/2015 - 00:49 | 5663544 post turtle saver
post turtle saver's picture

looks pretty fucking unreliable right now... I'm sorry facts hurt, you'll get over it

Thu, 01/15/2015 - 01:08 | 5663585 NoDecaf
NoDecaf's picture

How many times has the turtle told you to fuck off because he is doing just fine without your help?

Thu, 01/15/2015 - 02:28 | 5663720 7.62x54r
7.62x54r's picture

I wonder what he thinks the Chinese will do to cheat? Try to suck start the pipeline after defaulting on a payment?

China is making their cities into smog hell with Australian and US coal. They would switch to gas in a heartbeat if it was sold cheaply enough.

Countries do not have friends ... they have only interests.

This guy doesn't save post turtles, he IS the post turtle.

Thu, 01/15/2015 - 03:39 | 5663781 silvermail
silvermail's picture

Russia is not a reliable supplier? No. This is not a reliable Ukraine as transit country plus not a reliable partner who never pays money for the gas supplied.

Wed, 01/14/2015 - 23:17 | 5663300 Latina Lover
Latina Lover's picture

China understands that if Russia falls to the USSA, they are next.

Thu, 01/15/2015 - 00:24 | 5663492 TheReplacement
TheReplacement's picture

I think China also understands that if Russia can survive and the west collapses that China will be fairly free to take on Russia, 1.3B to 250M or so.

Ain't nobody playing this game out of benevolence.

Thu, 01/15/2015 - 00:48 | 5663541 angel_of_joy
angel_of_joy's picture

Russians have about 200 times more nukes than China. The Chinese won't try a thing...

Thu, 01/15/2015 - 00:50 | 5663548 post turtle saver
post turtle saver's picture

Russian nukes are being burned in US reactors at the moment... no, you can't have them back, gotta keep our lightbulbs on dontcha know lol

Thu, 01/15/2015 - 01:57 | 5663691 angel_of_joy
angel_of_joy's picture

That's what you think. By the way, that's finished. You have to BUY your uranium now...

Thu, 01/15/2015 - 03:45 | 5663791 silvermail
silvermail's picture

Russian nukes are being burned in US reactors at the moment...

If so, why the hysteria in the government and the US media, about the alleged huge nuclear arsenals of Russia, which is able to wipe America off the face of the earth for a several minute?
The US government again and as usual lie through the media.
Or it are you again and as always lie through ZH forum?

Thu, 01/15/2015 - 04:27 | 5663828 BlackVoid
BlackVoid's picture

They still have enough nukes to wipe the US off the map. The US also has enough to wipe off Russia.

Thu, 01/15/2015 - 02:15 | 5663712 InvalidID
InvalidID's picture

The Chinese has spare cities, more people, and a hive mind. They'd eat Russia for lunch if they really wanted to. And lets not forget that Chinese have a long memory. Russia is sitting on a lot of natural gas that was once Chinas... Yeah, if I'm Putin China doesn't look like a safe bet at all.

If I'm China, I make all the deals Russia wants. Then I tell the west what we discussed and we plan how we're going to carve up the former Russian Federation.

Thu, 01/15/2015 - 00:48 | 5663545 ChiangMai
ChiangMai's picture

And, in fact — as I'd bet Latina Lover and many others here — in addition to China — are aware — it's been well-argued that the primary aim of the USA is to destroy China, but it must take out Russia first.

Thu, 01/15/2015 - 01:25 | 5663644 sam i am
sam i am's picture

Borrowing Your Enemy's Arrows

 

http://sites.asiasociety.org/arts/insideout/commissions.html

Cai Guo-qiang (b. Quanzhou City, China, 1957; )
Borrowing Your Enemy's Arrows, 1998
Wooden boat, arrows, rope, flag, and electric fan
Commissioned by the Asia Society
Collection of the artist


The work is inspired by the story of a famous naval confrontation during the third century C.E. between contenders for the Chinese throne. A strategist of genius, General Zhu Geliang, was ordered by a jealous commander to produce 100,000 arrows in ten days for his army, a seemingly impossible task. However, Zhu devised a plan to trick the enemy into supplying the arrows. Since the opposing fleets were moored on opposite sides of the Yangzi River, Zhu sheathed his ships in straw bales and on a foggy day sailed out as if for battle. The enemy responded by shooting thousands of arrows into the straw bales. Once Zhu's armory was sufficiently replenished, his fleet returned to port.

Thu, 01/15/2015 - 08:57 | 5664233 Latina Lover
Latina Lover's picture

Invalid ID, your's is a typical reptile/USSA Empire mindset.    It just does not occur to you that the Chinese may prefer to live in peace instead of instigating wars of conquest.  

 

Anytime you start a war, the consequences are unpredictable, and can be very unpleasant.  Just ask the freezing europeans, whose puppet leaders initiated a war against russia via sanctions and currency speculations. Are they doing better today than 12 months ago?

Thu, 01/15/2015 - 00:10 | 5663451 Greenskeeper_Carl
Greenskeeper_Carl's picture

Chinese contracts. Yes, much less reliable than those ironclad us/NATO promises right? Like the one Secretary of State James baker have to the Russians to reassure them they were safe when they finally let go of their eastern euro nations from the Soviet Union. We pledged that NATO would not more 'one more inch' eastward, and then promptly absorbed nearly every single country into NATO until they were right up against Russia. As for those Chinese contracts, the Chinese will act in their own self interest, as all nations do, and china has big energy needs, and Russia has a lot of energy to sell. Simple as that.

Thu, 01/15/2015 - 09:01 | 5664241 Latina Lover
Latina Lover's picture

Let's not forget the recent USSA attempt to launch a color revolution in Hong Kong.  Not exactly the acts of a friendly nation....

Thu, 01/15/2015 - 00:43 | 5663529 sun tzu
sun tzu's picture

China and India both have populations over 1 billion people. They can get the NG piped in for $3/mbtu or have LNG shipped in for $15/mbtu.

 

Where will the EU buy NG? Their choices now are North Africa or the Middle East for $3 or buy LNG for $15.

 

Think it through.

Thu, 01/15/2015 - 00:53 | 5663557 post turtle saver
post turtle saver's picture

yeah, you're oh so right... these pipelines just spring up out of nowhere and instantaneously start moving natgas and filling the coffers of Mother Russia...

you and everyone like you who thinks that way is in for a rude, painful surprise... Russia's FX reserves are on a three year run rate, ever check how long it takes to make meaningful profits from a natgas pipeline?

idiots

Thu, 01/15/2015 - 02:17 | 5663713 InvalidID
InvalidID's picture

 

 What happens when the EU claims none delivery on it's Natgas and doesn't pay? Russia is already up a fucking creek economically, they just shot themselves in the sack!

Thu, 01/15/2015 - 09:04 | 5664251 Latina Lover
Latina Lover's picture

Russia is up an fucking creek economically, gloats the dumbass ukie troll.....how is your maidan revolution working out for you so far, LOL.

Thu, 01/15/2015 - 00:51 | 5663554 effendi
effendi's picture

If they don't get along with China they can pipe it to India (and maybe Pakistan). Also Japan isn't that far to ship LNG tankers to from east Siberia.

Thu, 01/15/2015 - 00:47 | 5663539 sun tzu
sun tzu's picture

Ever heard of India and China? Each country has more people than all of Europe.

Where will the EU get its natgas? Saudi Arabia and Libya? Maybe buy LNG from America for 500% the cost of NG?

Thu, 01/15/2015 - 08:23 | 5664131 king leon
king leon's picture

Russia are acting as mediators trying to heal the rift between India and Pakistan. What a military alliance that would be, Russia,China,India,Pakistan,Iran 

Thu, 01/15/2015 - 01:25 | 5663643 Shipwrecked
Shipwrecked's picture

I guess Russians got tired of insults by EU. They act like Europe is making a great favor to Russia by allowing Russia to sell them gas. About time for Russia to respond. As for shale revolution in Europe? You are funny. Just google about shale success in Poland. All the interested developers already left or in the process of leaving that endeavor. Collecting cow farts in Holland has much better perspective to move EU to energy independence.

Wed, 01/14/2015 - 21:26 | 5662877 Oldballplayer
Oldballplayer's picture

Switch to gold or silver.

Wed, 01/14/2015 - 21:21 | 5662829 Uncle Remus
Uncle Remus's picture

But, but - GLOBAL WARMING!!

 

And, HH's list will come in handy if you opt for an authentic Russian Gulag experience instead of some cheap American formaldehyde-laden knock-off FEMA camp. I also recommend familiarizing yourself with Russian martial and folk music - Red Army Choir is a good choice for this.

Wed, 01/14/2015 - 21:49 | 5662965 nmewn
nmewn's picture

lol...one guy, orders THE STATE OWNED energy giant Gazprom to cut off supply, some things never change.

See! The EU could really use some advice from O'Barry on Czars ;-)

Wed, 01/14/2015 - 22:01 | 5663011 Uncle Remus
Uncle Remus's picture

Executive orders?!? We don' need no steenkin' executive orders. I just pick up the phone.

Wed, 01/14/2015 - 22:14 | 5663063 TheFourthStooge-ing
TheFourthStooge-ing's picture

If only there had been some way to make an accurate determination of the Ukraine's creditworthiness.

http://www.rt.com/business/222175-russia-china-rating-agency/

"The new Universal Credit Rating Group (UCRG) is being set up to rival the existing agencies Moody's, S&P and Fitch, and its first rating will be issued this year."

"UCRG was officially created in June 2013 by China’s Dagon, Russia’s RusRating and America's Egan-Jones Ratings."

So that's what Egan-Jones has been working on lately.

Wed, 01/14/2015 - 23:57 | 5663420 knukles
knukles's picture

I just pick up ze phine after I wrestle Kodiak bear into submission and rub tummy him to sleep, turn world's biggest crocodile into 1000 pair Siberian cowboy boots, swim all of Volga from Moscow to Caspian Sea faster than American fighter jet, take Crimea again Part II for shit and giggle, land on moon 3 times, make 300 babies for Mother-Russia, infect Reggie with STD's and scare Chuck Norris off continent with one evil eye look, and then I cut gas to Ukraine and in pants.  Gas cut in pants sound like duck quacking "Fuck you Nuland"

Wed, 01/14/2015 - 21:20 | 5662851 Miss Expectations
Miss Expectations's picture

Then there's this (new):

Want to keep warm? Wear SILVER: Cotton coated with microscopic metal wires traps 80% of body heat 

http://www.dailymail.co.uk/sciencetech/article-2908461/Want-warm-Wear-SI...

Wed, 01/14/2015 - 21:22 | 5662862 saints51
saints51's picture

That sounds cool but being a walking conductor does not.

Wed, 01/14/2015 - 21:41 | 5662941 TheFourthStooge-ing
TheFourthStooge-ing's picture

I wonder if it would thwart tasers.

Wed, 01/14/2015 - 22:48 | 5663201 Dragon HAwk
Dragon HAwk's picture

Warm Me up Bro....

Thu, 01/15/2015 - 00:07 | 5663449 Osmium
Osmium's picture

If constucted correctly wouldn't it be similar to a Faraday Suit?

Thu, 01/15/2015 - 00:52 | 5663558 TheReplacement
TheReplacement's picture

I do believe a faraday cage needs to be grounded and/or the item(s) it is protecting to be isolated from said ground to really work.

Wed, 01/14/2015 - 21:23 | 5662866 hedgeless_horseman
hedgeless_horseman's picture

 

 

Cotton coated with microscopic metal wires traps 80% of body heat (when dry).

Cotton kills (when wet).

Wed, 01/14/2015 - 21:26 | 5662883 saints51
saints51's picture

Dont forget being a conductor. A little shock might cause heart attack lol.

Wed, 01/14/2015 - 21:37 | 5662930 general ambivalent
general ambivalent's picture

Cotton canvas makes a superior breathable wind (outer) layer. Many have found cotton anoraks superior to modern parkas for arctic expeditions.

But yes, good to keep in mind that cotton seems to accelerate heat loss when wet. Nothing more dangerous than that.

Wed, 01/14/2015 - 22:29 | 5663140 TomGa
TomGa's picture

"Wool insulates, cotton refrigerates." Old scout saying.

Wed, 01/14/2015 - 21:21 | 5662857 general ambivalent
general ambivalent's picture

Also a good time to get a quality axe, learn how to use it and how to care for it.

Wed, 01/14/2015 - 22:23 | 5662989 The Big Ching-aso
The Big Ching-aso's picture

Man who has gas in winter smells good to warm wife.

Neoconfucious

Wed, 01/14/2015 - 23:07 | 5663275 Uncle Remus
Uncle Remus's picture

The upside is transitioning to burning cow patties for heating and cooking won't be such an olfactory shock.

Wed, 01/14/2015 - 22:02 | 5663026 nmewn
nmewn's picture

If Brussels doesn't subsidize it or give it to them for free they'd rather freeze to death. Who is forced to use it to chop with or be taxed for using it outside of charity is still being debated & negotiated for some reason ;-)

Wed, 01/14/2015 - 22:18 | 5663099 TheFourthStooge-ing
TheFourthStooge-ing's picture

Also, a determination is yet to be made on whether or not the axe/wood combination is ROHS-compliant.

Wed, 01/14/2015 - 21:47 | 5662952 mrpxsytin
mrpxsytin's picture

Move to Australia; it's warm here. I don't think our shops would even bother to stock those products. 

Wed, 01/14/2015 - 22:27 | 5663134 Abitdodgie
Abitdodgie's picture

Australia , the nanny state you have to be fucking joking right the women have more balls than  the men.

Wed, 01/14/2015 - 22:52 | 5663219 Dragon HAwk
Dragon HAwk's picture

Can I bring My Guns with Me....  Oh Wait..

Wed, 01/14/2015 - 21:56 | 5662995 joego1
joego1's picture

Thanks for the tip I've been looking for some quality sleeping bags to stack. I'm impressed with the wiggies stuff.

Thu, 01/15/2015 - 00:31 | 5663503 TheMeatTrapper
TheMeatTrapper's picture

@joego1

 

You will NOT be disappointed in Wiggys. They are a bit heavy and clunky - but they are bombproof, the temp ratings are actually honest, they pass water vapor better than anything I've ever used (you can crawl in one soaking wet and wake up in the morning dry) and they are Made in America. I have three of his bags as well as some of his clothing. 

Wed, 01/14/2015 - 22:07 | 5663040 TomGa
TomGa's picture

Wiggies makes great bags!  Have several. I won't buy any of that name brand crap that's made in China nowadays.

Wed, 01/14/2015 - 23:44 | 5663387 Mentaliusanything
Mentaliusanything's picture

In some parts of Europe HH's list costs more than 8 months salary. Winter is harsh but worse without food

Thu, 01/15/2015 - 00:03 | 5663432 NuckingFuts
NuckingFuts's picture

I lived in one of those countries for 2 years in the '90s ... No central heat.. But we ate well and drank a lot of rakki.

Thu, 01/15/2015 - 00:28 | 5663498 TheMeatTrapper
TheMeatTrapper's picture

Love Wiggys - not only their bags - but their jackets. I call my Wiggy "sweater" my 'save your life jacket'. Warm even when sopping wet - and dries faster than anything I've seen from body heat alone. Oh - and they are Made in America as well. 

Thu, 01/15/2015 - 03:03 | 5663755 Otrader
Otrader's picture

Who the f*ck downvotes survival advice? :P

Thu, 01/15/2015 - 03:59 | 5663803 ebear
ebear's picture

Snowmobile suits.  The Newfie deckhands wore them on the tankers I sailed on.  I, of course, was comfy and warm down in the engine room...heh.

Wed, 01/14/2015 - 21:13 | 5662810 CClarity
CClarity's picture

One way to spike prices higher in Europe - prices for petrol that is.  No money left to create inflation in other goods during this deflationary period!

Wed, 01/14/2015 - 21:14 | 5662821 Timmay
Timmay's picture

Let the GOP/Hillary Clinton war mongering, commence!

Wed, 01/14/2015 - 21:25 | 5662871 Uncle Remus
Uncle Remus's picture

When did it let up?

Wed, 01/14/2015 - 21:32 | 5662889 Problem Is
Problem Is's picture

"We froze a few folks......."

Haha I wish there was a +100 button... Numb-Nuts Barry can't tell when it's cold...

Thu, 01/15/2015 - 01:24 | 5663639 noben
noben's picture

Dey be chillin' but not relaxing.

Even so, they got the Chill-Axe.

Wed, 01/14/2015 - 21:18 | 5662839 general ambivalent
general ambivalent's picture

Let them eat okroshka.

Wed, 01/14/2015 - 21:24 | 5662872 Uncle Remus
Uncle Remus's picture

Yeah, okra is big around here too.

Wed, 01/14/2015 - 21:47 | 5662959 Bossman1967
Bossman1967's picture

Dont ner estimate obamas hot air. Now to get serious what about those poor peeps in Europe that will be cold? i pray for them the sheeple have to pay for these fucked up piliticians and not a damn thing they can or could have done wtf

Wed, 01/14/2015 - 22:29 | 5663144 Abitdodgie
Abitdodgie's picture

Fuck the EU

Wed, 01/14/2015 - 21:54 | 5662987 Crash Overide
Crash Overide's picture

"“We have informed our European partners, and now it is up to them to put in place the necessary infrastructure starting from the Turkish-Greek border,” Miller said."

I will see you proxy/currency war and raise you an European energy crisis. Come get you're gas bitchez!

 

Also... http://www.zerohedge.com/news/2015-01-13/turkish-presidents-stunning-out...

Thu, 01/15/2015 - 06:05 | 5663895 Fractal Parasite
Fractal Parasite's picture

A peace deal for Ukraine was supposed to be signed on 15th January in a meeting in Astana between Putin, Merkel, Hollande, and Porky.

The meeting was sabotaged by the terrorist atrocities in Paris (Erdogan knows who did it) followed by more terrorist atrocities in Mariupol and Donetsk (whose innocent civilian victims the hypocritical "international community" visibly couldn't give a fuck for).

Next, the gas is cut off in what very much seems like a well-prepared retaliation. Moreover, Turkey "suddenly" finds itself holding a trump card after decades of cold shoulder from the FU. Interesting times...

Thu, 01/15/2015 - 00:57 | 5663496 ChiangMai
ChiangMai's picture

I particularly enjoyed:

Sefcovic said he was “very surprised” by Miller’s comment, adding that relying on a Turkish route, without Ukraine, won’t fit with the EU’s gas system.

If this EU drone had added ITAR-TASS to his RSS feeds ( ;-) ), he would have read, nearly 12 hours prior, this statement from Gazprom chief Alexei Miller:

They have a maximum of several years for this. This is a very tight schedule. To comply with it, work for the construction of new trunk gas pipelines should be started in EU countries right now.

So get cracking making that EU gas system fit — STAT!

 

Thu, 01/15/2015 - 04:40 | 5663834 silvermail
silvermail's picture

Grandmaster Putin plays game against pigeons.
Now the taxpayers of the EU and the US will have to compensate for the financial losses Ukraine, from reduction transit of gas by 60%.
Otherwise, hungry people will overthrow the fascist pro-American regime in Kiev .

My congratulations to all the pigeons - I mean the US and its vassals!

Wed, 01/14/2015 - 21:13 | 5662813 earnyermoney
earnyermoney's picture

USA/Mossod/Sunni "liver eaters" want to remove Assad for the pipeline through Turkey. Vlad moves North of Syria and strikes a deal with Turkey since the EU blocked South Stream. Check.

Wed, 01/14/2015 - 21:21 | 5662850 Jump The Shark
Jump The Shark's picture

Nope

Wed, 01/14/2015 - 21:26 | 5662876 pot_and_kettle
pot_and_kettle's picture

moving

Wed, 01/14/2015 - 21:28 | 5662884 pot_and_kettle
pot_and_kettle's picture

Motherfuck the zionists.

That's what happens

Wed, 01/14/2015 - 21:41 | 5662942 kchrisc
kchrisc's picture

"what happens when israel starts selling gas to the continent?"

Got to get that pipeline through Syria first, and annihilate the Gazaians so they don't get a share, and takeover Lebanon to also prevent them from getting a share.

The banksters need to repay us.

 

"Don't worry, it's not genocide if it's done for money."

Wed, 01/14/2015 - 22:18 | 5663100 August
August's picture

"Don't worry, it's not genocide if it's done for money."

Good one.

It's only business (and maybe a little fun on the side).

Thu, 01/15/2015 - 02:03 | 5663699 effendi
effendi's picture

The Israelis may not need to sell gas to Europe. Egypt had been exporting to Israel but is now turning into a gas importer. Nothing to stop the gas goingthrough the pipelines the other way to a market of 90 million people (other than the head cutting whack jobs in Sinai that kill a few hundred Egyptians each month and have a habit of blowing things up). Jordan is another potential market, it isn't big but it isn't far to Amman. 

Best market for Israeli gas is of course Israel. If they don't go down the export route then their gas will last much longer

Thu, 01/15/2015 - 03:25 | 5663773 silvermail
silvermail's picture

what happens when israel starts selling gas to the continent?

It'S Nothing. Because by the time when Israel will supply gas, Europe will be empty and deserted. For desert do not need gas from Israel.

Thu, 01/15/2015 - 04:25 | 5663827 BlackVoid
BlackVoid's picture

Nothing? Because Israel has no gas....

There are only news of discoveries which will turn out to be uneconomical. See Poland. Big discoveries, high hopes, zero results.

 

Thu, 01/15/2015 - 08:41 | 5664180 king leon
king leon's picture

Maybe Israel is planning on selling Irans gas.

Wed, 01/14/2015 - 21:02 | 5662759 COSMOS
COSMOS's picture

FREEZE you USA lovin whores.

'....that the European Union’s energy chief said would hurt its reputation as a supplier.'  Why dont you ask the French all about that lol and what they are going to do with the Mistrals.  Only to be expected from the French and Europeans, bad reputations as suppliers.  Ask the Argentinians about the Exocets and planes that were never delivered.  F U EU SCUMS

Wed, 01/14/2015 - 21:16 | 5662831 Publicus
Publicus's picture

Checkmate to the NWO

Wed, 01/14/2015 - 22:10 | 5663062 WillyGroper
WillyGroper's picture

Sounds good in theory.

Redshield double headed eagle.

I'll have more leeway after the election.

If he REALLY wanted to do damage a few pic's with the mil-pedo's would wake folks up.

Question everything.

Wed, 01/14/2015 - 23:31 | 5663308 scrappy
scrappy's picture

Be careful for what you wish for.

 

Remember, OUR economic system is based on this crap too.

 

We best do our homework and find a way people, here at home.

 

Back channel diplomacy sounds wise, ngos meaning actual PEOPLE, US, let's avoid the nukes shall we. Much work to do, do not fall for divide and rule.

 

We have all been lied to our whole lives, let's start there as far as our supposed division goes...we must seek the truth and cultivate solutions for our communities, and the rest of the world too, GOD willing.

 

Notice the caps, OUR PEOPLE US GOD.

Thu, 01/15/2015 - 01:32 | 5663656 noben
noben's picture

Chill, you Baby-NATOs. Chill.

Wed, 01/14/2015 - 21:01 | 5662768 fuu
fuu's picture

Turkish terror attack in 3...2...1...

Wed, 01/14/2015 - 21:13 | 5662816 general ambivalent
general ambivalent's picture

Wasn't the magical escapee fugitive seen making her way to Syria through Turkey?

Probably just means she has an alibi, but somehow they'll turn it into a good plot.

Thu, 01/15/2015 - 06:35 | 5663921 silvermail
silvermail's picture

Meaning and Purpose of intelligent life is to convert energy into knowledge.
- Money - is primarily a mechanism to evaluate the expression and labor (work).
- Employment in turn, is a process of expenditure energy.
From which it follows that money and currency - a "Promissory notes for energy."
Energy - it is a physical phenomenon that exists in nature and the universe, regardless of humanity. Money (more correct currency) - it is only way of humanity, as the mechanism of definition and expression a quantifying energy.
In goods-money exchange, energy spawned goods and money and currency too - as a means of exchange of goods, works and services. It is obvious that the energy in the goods-money exchange, located above and goods and money / currency. Since it is the energy and generates first and second.

Thus, when we speak of "goods-money exchange" between the seller and the buyer, we are actually talking about the exchange of energy in the form of goods, for promise to return this energy, which expressed in the form of money/currencies.

That is, goods - is an energy that was embodied in a particular goods form.
A money-currency - is a bills for return this energy in future, like a promises, that this energy will return back in the future in the one or another form, that the owner of money can choose at their discretion.

Conclusion:
1. Energy - is money in their highest form.
2. Anyone who owns energy, may issue a bill on energy, that is will recognized by all the world as world currency.

Source RUS: http://www.kdggold.com/ru/information/energiya-eto-dengi-v-ih-naivysshei...

The foundation of the economic model of the EU - is the transformation of energy in various forms of trade. The entire economy of the EU is based on the transformation of energy in the form of industrial and agricultural goods.

Restricting access to cheap energy - is undermining the foundations of the economic model of the EU. Lack of energy will destroy the EU economy. Expensive energy, will make all European goods uncompetitive and also will destroy the EU economy.
Thus the EU will be destroyed as a rival to the United States and that the main purpose of the United States will be successfully achieved.

Wed, 01/14/2015 - 21:01 | 5662769 stant
stant's picture

It's on like donky kong

Thu, 01/15/2015 - 01:21 | 5663428 HardlyZero
HardlyZero's picture

This Orlov article/blog was very informative yesterday.

(was on ZH too)...

http://cluborlov.blogspot.com/2015/01/peculiarities-of-russian-national....

 

SUGGESTED READING ...it really explains a lot about the tit-for-tat and cold weather thought process of Russians.

This was interesting...

Another Russian adaptation for dealing with invaders is to rely on the Russian climate to do the job. A standard way of ridding a Russian village house of vermin is simply to not heat it; a few days at 40 below or better and the cockroaches, bedbugs, lice, nits, weevils, mice, rats are all dead. It works with invaders too. Russia is the world's most northern country. Canada is far north, but most of its population is spread along its southern border, and it has no major cities above the Arctic Circle, while Russia has two. Life in Russia in some ways resembles life in outer space or on the open ocean: impossible without life support. The Russian winter is simply not survivable without cooperation from the locals, and so all they have to do to wipe out an invader is withhold cooperation. And if you think that an invader can secure cooperation by shooting a few locals to scare the rest, see above under “Taking offense."

 

Who runs Bartertown ?

Thu, 01/15/2015 - 01:34 | 5663663 noben
noben's picture

Not Barry, nor US Bonds.

Wed, 01/14/2015 - 21:04 | 5662774 BurningFuld
BurningFuld's picture

'Bout fucking time Vlad. Now go on a long Holiday.

Wed, 01/14/2015 - 21:19 | 5662846 lotsoffun
lotsoffun's picture

big bad bama and big bad thunder thighs seems to like hawaii.  (oh, do they go together?)  why doesn't big bad bama invite putin over for a quick 18 holes.  they have a GREAT course in hawaii, it was so good, obama bounced a couple of people covering his reggie reamed arse that had planned a wedding there.

after 18, putin can teach bambie how to speak a few languages, wrestle a bear, shot a weapon and play chess.  might even be able to show him around to really handle some 'trim'.

no sarcasm here.

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