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Germany shelves Nord Stream 2 pipeline
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Re: Germany shelves Nord Stream 2 pipeline
#22Quoted post unavailable.
It's to decrease reliance on Russian gas. If Germany is almost entirely reliant on Russian gas then they cannot impose serious sanctions on Russia without Russia shutting down the gas supply.
Re: Germany shelves Nord Stream 2 pipeline
#23Earlier quoted context omitted.
Russia being unable to sell gas is the sanction. Your point that it cuts both ways doesn't seem to dispute that.
Germany continues to buy the same amount of natural gas from Russia as before, except half of that gas will now have to continue to go through flaky, expensive, thieving middlemen. What a great plan.
1) No, this is not what will happen
2) Russia is already flaky, expensive, and thieving.
Re: Germany shelves Nord Stream 2 pipeline
#24Thanks Germans. Paying our gas bill will be fun here in the Netherlands.
Norwegian here. We are probably already raking in millions extra today as prices soars, but if there was a referendum vote tonight and if could vote to not take advantage of the situation but rather help fellow Europeans that would be my vote. I guess I am not alone.
Re: Germany shelves Nord Stream 2 pipeline
#25Quoted post unavailable.
Gas is one of the few large sources of income in Russia. Reducing the gas trade is one of the few really direct sanctions possible. Even if it comes at a price, it is way better than to start shooting.
This is a reason sanctions don't work as people expect. China will simply buy those valuable gas. I do acknowledge that there would be transportation costs. In the end, Europe will suffer more and China will be happier. And, currently, with the price hike on gas, I think the EU will face more problems.
Geopolitics is not a game of morality, rather it's a game of logic. China, the US, and Russia seem to be playing very well. This is also one reason why India is not saying anything against them. The only victim I see is Europe.
Re: Germany shelves Nord Stream 2 pipeline
#26Remember like a week ago when the Germany navy said the idea that Russia wanted to invade Ukraine was nonsense? Fools.
A month ago. And the guy who said it was fired a day later.
Re: Germany shelves Nord Stream 2 pipeline
#27Quoted post unavailable.
While that is a goal, it came with a caveat in that western Europe could reduce dependency on gas going through the pipeline going through Ukraine, meaning Ukraine lost a bargaining chip. Since Europe didn't play ball with NordStream 2, Russia has decided to move forward with their other plans I guess.
Re: Germany shelves Nord Stream 2 pipeline
#28Remember like a week ago when the Germany navy said the idea that Russia wanted to invade Ukraine was nonsense? Fools.
It wasn't the German navy, it was the ranking admiral which had been removed from office immediately, as there was a strong disagreement with his statements.
Re: Germany shelves Nord Stream 2 pipeline
#29That is not remotely pulling the plug. This is "thinking about it" again. They already stopped accreditation a few weeks ago, otherwise it would already transport gas as the pipeline is already filled. They just say that they have officially stopped the process which they more or less already did. I think in a year it might come online again if the news cycle is on another topic. Overall it will be much more expensiv…
I think the one that will profit most is China, being the remaining trade partner in a much similar way when most of the world imposed sanctions against north Korea. At the same time this will reduce the impact on prices, since as long China is connected to the global economy then the global supply will still increase when they buy from Russia. There will be costs associated with transportation for EU, be that from C…
China is not a gas exporter, or do you mean that they can buy Russian gas more cheaply now?
In any case it's Qatar and other Arab states that produce LNG are the ones who'll be laughing all the way to the bank here.
Re: Germany shelves Nord Stream 2 pipeline
#30Remember like a week ago when the Germany navy said the idea that Russia wanted to invade Ukraine was nonsense? Fools.
It wasn't the German navy, it was the ranking admiral which had been removed from office immediately, as there was a strong disagreement with his statements.
> It wasn't the German navy, it was the ranking admiral
It he doesn't speak for the Germany navy then who does? Were the navy's intelligence reports wrong or was he briefed wrong or does he not believe his own intelligence people? What if he'd been still been in charge now? Would he still deny it was happening?
All possibilities point to something extremely foolish going on. Absolutely bizarre situation.
I wonder what he says now.