Shipping US LNG vs Russian Pipeline LNG to Europe

#77
#77
Rasputin_Vol said:
Russia has their problems.

We have our own. Ukraine or how EU gets energy is of mo concern of mine until we start stirring up hornet's nest to create artificial market conditions through sanctions and regional disputes.

I'm not sure why this is so hard for you all to understand. You can attack me and my motives all you want, but you all can't address these issues I bring up very easily.
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You’re building up your case for defending his invasion.

That is all.
 
#81
#81
allvol123 said:
But your are putting Putin on one.
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In comparison to some of these other clowns running the show in The West? Ok... I'll own that.

Now is that supposed to be an insult? If so. You got me.

Now how about you address those issues I brought up earlier about how this arrangement benefits the average person on either side of the pond?
 
#84
#84
Interesting... So Gazprom had reached the end of their existing gas contracts and the Europeans haven't come back to the table to renegotiate new deals because of the Nordstream 2/Ukraine nonsense. And of course the Western puppets in Poland and Ukraine will be upset about Nordstream 2 bypassing them.

German, Russian Envoys To Meet To Ease Political Tensions Over Ukraine | ZeroHedge

The development prompted some politicians to assume that Russia is playing politics and pushing for the approval of its recently built Nord Stream 2 gas pipeline, which is yet to be greenlighted by the German regulator. Fully constructed in September, the pipeline faced vehement opposition from Poland and Ukraine – two transit nations bypassed by the Baltic Sea pipeline – as well as the US. Berlin recently said it would decide the project’s fate on a non-political basis.

The Russian gas giant said it simply fulfilled all its existing contractual obligations and did not receive any new supply requests from the relevant European nations, like Germany and France. The company supplied 50.2 billion cubic meters of gas to Germany alone this year, Kupriyanov said, adding that it was 5.3 billion cubic meters more than last year.

Gazprom also fulfilled all its obligations related to gas supplies through the Ukrainian gas transport network as early as on December 15 but still continues to transport gas through Ukraine’s territory.

“All the problems were created by Western Europe itself,” Kupriyanov said, adding that one should “look in the mirror” instead of “placing the blame on Gazprom.” The spokesman also said that the company is ready to supply additional volumes of gas within the existing contract framework.
 
#87
#87
Orangeburst said:
Well it was written that it would be like this...Who is one to believe anymore?
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What he's saying makes sense. If the original contracts expired and are up for renewing, why would the European countries settle for buying on the spot market, where the price will be multiple times higher rather than renew a long term purchase contract?

Nobody from the other side has tried to counter what Putin and Gazprom are saying.

And then the claim that Germany is taking the roughly 10% extra gas that was sent to them over the year and selling it at a profit at the current spot price to Poland?
 
#88
#88
Rasputin_Vol said:
What he's saying makes sense. If the original contracts expired and are up for renewing, why would the European countries settle for buying on the spot market, where the price will be multiple times higher rather than renew a long term purchase contract?

Nobody from the other side has tried to counter what Putin and Gazprom are saying.

And then the claim that Germany is taking the roughly 10% extra gas that was sent to them over the year and selling it at a profit at the current spot price to Poland?
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I hear ya...nationalism is dead for some reason. We see everythingtg through corpotocracy,
I cannot in my mind rationalize how we trade with the CCP, for example, yet spend trillions in military funding to thwart. It makes not sense
 
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#89
#89
Orangeburst said:
I hear ya...nationalism is dead for some reason. We see everythingtg through corpotocracy,
I cannot in my mind rationalize how we trade with the CCP, for example, yet spend trillions in military funding to thwart. It makes not sense
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Trade with the CCP and KSA...
 
#90
#90
Rasputin_Vol said:
Trade with the CCP and KSA...
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Well with the CCP providing BM tech to SA, they got a foothold. Down goes the petro dollar and boom...we gotta live within our means. Somehow the State will not accept and will bring further massive taxation to cover the loss...and here we GO.
 
#91
#91
Someone explain to me again how this benefits Europe?

LNG Cargoes Enter Europe As British Power Bills To Remain High Until 2023 | ZeroHedge

And now the arbitrage play. Ship left the Gulf Coast a month ago and is turning around to go to Europe. Is this efficient from a logistical or price perspective for Europe?

LNG Tanker Bound For Asia Turns Around, Heads To Europe For Massive Arbitrage Opportunity | ZeroHedge

Bloomberg reports LNG tanker Hellas Diana (IMO: 9872987) left Corpus Christi, Texas, on Nov. 27 has since made a U-turn near Hawaii and is traveling back to the Panama Canal and is likely headed to Europe.
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Snag_134bdceb.png
 
#92
#92
Rasputin_Vol said:
Someone explain to me again how this benefits Europe?

LNG Cargoes Enter Europe As British Power Bills To Remain High Until 2023 | ZeroHedge

And now the arbitrage play. Ship left the Gulf Coast a month ago and is turning around to go to Europe. Is this efficient from a logistical or price perspective for Europe?

LNG Tanker Bound For Asia Turns Around, Heads To Europe For Massive Arbitrage Opportunity | ZeroHedge



View attachment 424175
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It's got to be the most cost efficient/best margin option to the company. Otherwise, Why would the company shipping the product make a u turn?
 
#93
#93
Rasputin_Vol said:
Someone explain to me again how this benefits Europe?

LNG Cargoes Enter Europe As British Power Bills To Remain High Until 2023 | ZeroHedge

And now the arbitrage play. Ship left the Gulf Coast a month ago and is turning around to go to Europe. Is this efficient from a logistical or price perspective for Europe?

LNG Tanker Bound For Asia Turns Around, Heads To Europe For Massive Arbitrage Opportunity | ZeroHedge



View attachment 424175
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It's no efficient or economical but Europe has made their own bed so lets let our NG people make some money. There is enough NG in the North Sea to supply Europe for well over a 100 years but they are too stupid to tap it.
 
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#94
#94
McDad said:
It's got to be the most cost efficient/best margin option to the company. Otherwise, Why would the company shipping the product make a u turn?
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You ignored the question. I'm not talking about efficient for the company. I'm talking about the people of Europe.
 
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#95
#95
Rasputin_Vol said:
You ignored the question. I'm not talking about efficient for the company. I'm talking about the people of Europe.
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Likely not. There are NG reserves and suppliers closer to European consumers.
 
#96
#96
McDad said:
It's got to be the most cost efficient/best margin option to the company. Otherwise, Why would the company shipping the product make a u turn?
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They know they can get multiple times more in Europe and still cover the transport costs because the Europeans would rather pay spot price for the natural gas instead of renewing a contract at lower rates with Gazprom.
 
#97
#97
Rasputin_Vol said:
They know they can get multiple times more in Europe and still cover the transport costs because the Europeans would rather pay spot price for the natural gas instead of renewing a contract at lower rates with Gazprom.
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Ok. So European countries have made a bad decision for their consumers of NG. Are those consumers up in arms about their inflated prices?
 
#98
#98
McDad said:
Ok. So European countries have made a bad decision for their consumers of NG. Are those consumers up in arms about their inflated prices?
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I'm sure they are. Now, will they direct their anger and assign blame to the correct people? Most of them probably will not.
 
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#99
#99
Rasputin_Vol said:
They know they can get multiple times more in Europe and still cover the transport costs because the Europeans would rather pay spot price for the natural gas instead of renewing a contract at lower rates with Gazprom.
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Or producing and drying it themselves. Why do you refuse to address their own stupidity?
 
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#100
#100
hog88 said:
Or producing and drying it themselves. Why do you refuse to address their own stupidity?
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I do address their stupidity. This entire thread is about the poor decisionmaking going on. I've also talked about the rapacious arrangement they have created where you now have American energy companies doing everything they can to take advantage of the situation.
 
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