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Russian gas flows via Yamal pipeline to Germany halt, bids remain

132 pointsby Amboliaabout 3 years ago

14 comments

Amboliaabout 3 years ago
<a href="https:&#x2F;&#x2F;web.archive.org&#x2F;web&#x2F;20220303142751&#x2F;https:&#x2F;&#x2F;www.reuters.com&#x2F;business&#x2F;energy&#x2F;russian-gas-flows-via-yamal-pipeline-germany-decline-sharply-data-2022-03-03&#x2F;" rel="nofollow">https:&#x2F;&#x2F;web.archive.org&#x2F;web&#x2F;20220303142751&#x2F;https:&#x2F;&#x2F;www.reute...</a>
skadamatabout 3 years ago
I never knew until recently how tied up Russia&#x27;s oil strategy was to their military &#x2F; political thinking.<p>If others are interested, this video has a great overview: <a href="https:&#x2F;&#x2F;www.youtube.com&#x2F;watch?v=If61baWF4GE" rel="nofollow">https:&#x2F;&#x2F;www.youtube.com&#x2F;watch?v=If61baWF4GE</a>
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throwthereabout 3 years ago
For reference, Yamal was only re-opened a week or two ago. I don&#x27;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.<p>As far as &quot;bids&quot; remaining, it could be something as benign as not having any demand at the price, or currency&#x2F;volatility issues.
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bdzabout 3 years ago
You can find the live European Aggregated Gas Storage Inventory info here <a href="https:&#x2F;&#x2F;agsi.gie.eu" rel="nofollow">https:&#x2F;&#x2F;agsi.gie.eu</a>
haughtyabout 3 years ago
What i didn&#x27;t realize until very recently was that natural gas can be liquefied and sold on an open market like a barrel of oil. With that in mind, these pipelines are not as critical. Additionally, pipelines operate by contracts which offer very generous discounts years in advance; Liquefied gas, on the other hand, is a commodity and is sold at market prices. Seems logical to assume that Russian gas will still be sold, and that there will be buyers. Russia will be offering substantial discounts on it as well.
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jotmabout 3 years ago
I am quite afraid of Russia shutting off the gas and oil supply. I hope Europe doesn&#x27;t give up on sanctions then, at least not right away.<p>Betting on Russia needing the income more than we need the resources.<p>Power will go out completely around here and partially in many other regions, but we can live through that.<p>Having solar (plus wind and batteries) is a major boon, and this would undoubtedly drive demand through the roof once people have no choice. Sadly, there isn&#x27;t enough supply for everyone, especially power hungry industrial sites, and trucks&#x2F;cars still run on fuel.<p>Solar concentrators would be easy to start producing locally, but they don&#x27;t run well in cold temperatures and cloudy weather, plus they still need batteries of some sort.
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SuoDuanDaoabout 3 years ago
So what happens if Iran blockades Hormuz right as the world is pivoting away from Russian oil?
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ed_ballsabout 3 years ago
Without natural resources Russia GDP would be lower than Polish. I think the whole reason for this war is the green transformation of the world. Military dictatorship played the wrong game and didn&#x27;t mange to reform the country (it seems to be a case for all countries run by military).<p>This is Proxy war with US&#x2F;Nato to get a trade deal in exchange for balancing China with military power (last card they&#x27;ve got). France and Germany were OK with this - cheap resources, you can move pouting factories to Siberia, production would be more competitive than Chinese.<p>US and rest were not happy about this.
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jahabrewerabout 3 years ago
Tangential: is the unit kWh&#x2F;h a standard in the industry? It hurt my brain until I canceled the hours and got kW.<p>(Yes I know kWh is a widely used unit of energy)
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olliejabout 3 years ago
I&#x27;m surprised any gas was still flowing from Russia to the EU - it would seem like that would be the first thing they would have stopped in response to sanctions.
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imwillofficialabout 3 years ago
I read that as “Russian gas flows via YML pipeline” I was like How?!? Some crazy ansible run book dictating PLC config?!<p>No, just need another cup of coffee.
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pftburgerabout 3 years ago
Looking at the data, I am wondering why the invasion is triggered now, as reserves are about to start being refilled, instead of earlier. From the graph (<a href="https:&#x2F;&#x2F;agsi.gie.eu&#x2F;#&#x2F;graphs&#x2F;DE" rel="nofollow">https:&#x2F;&#x2F;agsi.gie.eu&#x2F;#&#x2F;graphs&#x2F;DE</a>) it seems like the storage starts being refilled as the weather warms near the end of march. IE Putin looses some bargaining power. What am I missing?
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baybal2about 3 years ago
GOOD RIDDANCE! Finally, Russia did what full force of 90% vote of German parliament cannot do: defeat the Russian gas&#x2F;oil lobby in Germany.<p>Germany is the country with most expensive electricity in Europe, and gas deals from this mafia is a near instant cash.
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sydthrowawayabout 3 years ago
What are the real plans available to get abundant and cheap energy for the world, and why aren’t startups working on this?
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