RE:RE:RE:RE:Price CollapseRU volume is way down profits have quadruppled to the highest ever on record.
Nazi supporters lost the ability to claim weaponization of energy as an excuse to their electorate for the 1000% gas price increases from their purchasing decisisons. They also lost a reserve of gas they intended to steal via the siezed RU facilities in EU.
USA won a long term customer for the freedom molecules they ramped up for over the last 13 years spending a whopping $350B on LNG infrastructure etc.
Its best if RU keeps pumping gas throught the ruptured pipelines to put extreme pressure on the Nazis to prevent the environmental damages their sanctions are causing haha. This winter they can install giant flates on all EU borders and burn off the excess gas LOL.
Nordstream will never operate again.
RU will turn off the last remaining pipeline through PL for maint this winter and it will not restart due to sanctions haha. By spring more EU govts will get kicked out by electorate (if elections are even legal by then haha) on top of the ten toppled since Feb.
RU will sell all O&G to middle east and Asian traders who will replace their purchases from unsanctioned countries with RU product and ship the unsanctioned to EU for 800% profits like they are doing now - this is good business!!
Remember, only 10 % of the world supports the Nazis, the other 90% are growing and need as much energy stability via long term contracts as possible.
W. Can will continue to be exploited by USA as the only material O&G cistomer at 20-50% discounts haha...Calgary looks soo poor all the old vehicles driving around looks like Montreal now LOL.
gasoholic wrote: I think it was who has the most to gain, and we know who that is.German industry was putting pressure on government to get natgas flow restored. With NS1 and 2 both out of commision none of that matters and Russia has lost their most important bargaining lever. It also leaves Russia with a future of lower gas sales for the time being, and only one export customer. That's not a good thing.
The capacity of NS1 was about 5.5 bcfd, about 60% the average daily production of Alberta. No one is talking about is the extent of the damage other than 2 explosions on each line. NS 1 was completed in 2011 and NS 2 last year. NS 1 was operating at reduced capacity and NS 2 was idle but pressurized. So they are both modern lines. In pipelines like this there are usually Emergency Shut Down valves at intervals. Say every 100 kms. The pipelines have instruments that detect pressure drops and excessive flows. There would be both conditions in a rupture. The ESD valves should be activated to shut at a controlled rate to isolate the leaking section of line so the rest of the line is protected from depressuring and water ingress. If these pipelines have been totally flooded as is being reported then someone deactivated the ESD valves. So it would be an inside job as well to disable the ESD system ).