World non-renewable energy discussion

tphuang

tphuang

Lieutenant General
Staff member
Super Moderator
VIP Professional
Registered Member
lol, it's absolutely comical that EU politicians think EU countries should "stick together and watch out for each other", when each country's elected officials need to take care of their own citizens.
https://twitter.com/i/web/status/1550059716008714242

populists movement in each country will view this kind of comments very suspiciously.
European Commission President Ursula von der Leyen says "Russia is blackmailing us" "To make it through the winter in case of full disruption of Russian gas [...] we have to reduce our consumption" She proposes: A) 15% cut in demand, and B) that all EU countries share gas flows
Click to expand...

It should surprise no one that China is not going to just rely on Russian for NG supplies.
https://twitter.com/i/web/status/1549731228378894337

The big news is that Nord stream restarted today, even if at lower volume than usual.
Please, Log in or Register to view URLs content!
 
tphuang

tphuang

Lieutenant General
Staff member
Super Moderator
VIP Professional
Registered Member
Overbom said:
Gotta spend that toilet paper currency somewhere. At least with this purchase we are going to get real resources instead of the trillions of IOUs we hold now
Click to expand...
It's good politically to have smaller trade deficit. As long as there is enough capacity from Russian side in the event and from coal plants in the event of a blockade, it makes sense to diversify suppliers.
 
B

BlackWindMnt

Captain
Registered Member
tphuang said:
lol, it's absolutely comical that EU politicians think EU countries should "stick together and watch out for each other", when each country's elected officials need to take care of their own citizens.
https://twitter.com/i/web/status/1550059716008714242

populists movement in each country will view this kind of comments very suspiciously.


It should surprise no one that China is not going to just rely on Russian for NG supplies.
https://twitter.com/i/web/status/1549731228378894337

The big news is that Nord stream restarted today, even if at lower volume than usual.
Please, Log in or Register to view URLs content!
Click to expand...
EU covid response has shown there is no solidarity behind the media facade. First half of 2020 was a battle royal for mask, tests and PPE. Im sure the daggers are longer and sharper when it comes to European countries future of their own industrial sectors..
 
tphuang

tphuang

Lieutenant General
Staff member
Super Moderator
VIP Professional
Registered Member
tphuang

tphuang

Lieutenant General
Staff member
Super Moderator
VIP Professional
Registered Member
Interesting story here. Algeria delegation heading to China to convince their funding and maybe expertise in building a trans-Sahara pipeline from central Arica to Algeria. This would be huge for Algeria economy and should be more environmental than the longer gas pipeline via coast of Africa.

https://twitter.com/i/web/status/1553335644742684672

As a whole, Algeria is getting close to China. This would be another step in that direction.
 
You must log in or register to reply here.
Top