Russian gas flows via Yamal pipeline to Germany halt, bids remain
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Re: Russian gas flows via Yamal pipeline to Germany halt, bids remain
#2Re: Russian gas flows via Yamal pipeline to Germany halt, bids remain
#3GOOD RIDDANCE! Finally, Russia did what full force of 90% vote of German parliament cannot do: defeat the Russian gas/oil lobby in Germany.
Germany is the country with most expensive electricity in Europe, and gas deals from this mafia is a near instant cash.
Re: Russian gas flows via Yamal pipeline to Germany halt, bids remain
#4I read that as “Russian gas flows via YML pipeline”
I was like How?!? Some crazy ansible run book dictating PLC config?!
No, just need another cup of coffee.
Re: Russian gas flows via Yamal pipeline to Germany halt, bids remain
#5GOOD RIDDANCE! Finally, Russia did what full force of 90% vote of German parliament cannot do: defeat the Russian gas/oil lobby in Germany. Germany is the country with most expensive electricity in Europe, and gas deals from this mafia is a near instant cash.
I agree it is a good thing - but it happened too early to be painless to Europeans. Or, to put it in other words, we should have been prepared for it a long time ago.
Re: Russian gas flows via Yamal pipeline to Germany halt, bids remain
#6I read that as “Russian gas flows via YML pipeline” I was like How?!? Some crazy ansible run book dictating PLC config?! No, just need another cup of coffee.
I read the exact same thing. Thought their pipeline was on Kubernetes.
Re: Russian gas flows via Yamal pipeline to Germany halt, bids remain
#7GOOD RIDDANCE! Finally, Russia did what full force of 90% vote of German parliament cannot do: defeat the Russian gas/oil lobby in Germany. Germany is the country with most expensive electricity in Europe, and gas deals from this mafia is a near instant cash.
I agree it is a good thing - but it happened too early to be painless to Europeans. Or, to put it in other words, we should have been prepared for it a long time ago.
It does not have to be painless. That's fine, it's a minimal price compared to what's happening to Ukrainians.
Re: Russian gas flows via Yamal pipeline to Germany halt, bids remain
#8Earlier quoted context omitted.
I agree it is a good thing - but it happened too early to be painless to Europeans. Or, to put it in other words, we should have been prepared for it a long time ago.
It does not have to be painless. That's fine, it's a minimal price compared to what's happening to Ukrainians.
That's been my argument to friends and family this week. If an extra dollar per gallon is what it takes for fewer Ukrainian children to die then that's what it takes.
Re: Russian gas flows via Yamal pipeline to Germany halt, bids remain
#9GOOD RIDDANCE! Finally, Russia did what full force of 90% vote of German parliament cannot do: defeat the Russian gas/oil lobby in Germany. Germany is the country with most expensive electricity in Europe, and gas deals from this mafia is a near instant cash.
It's not Russia, so far. However, if Russia stops all fossil flow it would implement the Morgenthau plan. Not just for Germany.
It is good news for USD vs EUR.
Re: Russian gas flows via Yamal pipeline to Germany halt, bids remain
#10For reference, Yamal was only re-opened a week or two ago. I don't think you can read too much into it closing again (yet). Yamal can give 33 billion cubic meters a year and Nord Stream 1 can give 55 billion.
As far as "bids" remaining, it could be something as benign as not having any demand at the price, or currency/volatility issues.