US sanctions: Turkish Stream will be much more complicated

July 23 2020 31

The fight for the European energy market is getting tougher. Against the backdrop of the coronavirus pandemic, there was a general decline in production, prices for "black gold" and "blue fuel" have seriously decreased. In addition to LNG, new players are coming to the EU, supplying pipeline gas: TANAP-TAP from Azerbaijan, in the future - Baltic Pipe from Scandinavia to Poland, as well as EastMed from Israel and Cyprus. At the same time, the new sanctions from Washington are calling into question the very existence of the Russian gas pipelines Nord Stream 2 and Turkish Stream.

Last year, President Trump signed the US defense budget, which included sanctions against the Nord Stream 2 under construction. The Swiss contractor immediately quit his job, leaving the project on hold indefinitely, despite a high stage of readiness. Gazprom was forced to transfer the Akademik Chersky pipe-laying vessel to the Baltic from the Far East, with the help of which it intends to complete the construction of the offshore pipeline on its own. Good news Denmark can be considered to have given permission for the use of the second Russian pipe-laying vessel, the specialized barge Fortuna. Also, supply vessels are already in the German port of Mukran. Apparently, the work will be structured as follows: "Fortuna" welds pipes, and "Chersky" is laying them. That is, with technical On the other hand, the problem of Nord Stream 2 is completely solvable. But the good news, alas, ends there.

The United States is preparing another package of anti-Russian sanctions, and they will be much tougher. Moreover, they will concern not only Nord Stream 2, but also the transit line of the Turkish Stream. This, in fact, puts an end to the whole policy construction by Gazprom of bypass routes around Ukraine. What exactly do the Americans intend to do?

The draft law on restrictive measures against Russian energy projects was unanimously approved by the House of Representatives of the US Congress. In addition, a document similar in substance was adopted by the upper house and the Senate. After overcoming the discrepancies, the bill must be signed by President Donald Trump, and then the document will enter the US defense budget for next year. There are no exact wordings yet, but it is known that not only the construction of gas pipelines, but also certification, licensing and their subsequent maintenance are subject to the ban. And this is very serious.

If Gazprom completes the construction of Nord Stream 2 on its own, the European regulator, which must issue all the permits required for the operation of the pipeline, will fall under the American sanctions. This puts the EU authorities in an extremely delicate position, since the United States de facto extends its jurisdiction over the territory of a union of sovereign states. The big question is how Gazprom's European partners will behave. In Germany, there is a lot of talk about retaliatory sanctions and trying to negotiate exceptions with Washington, but in the end, everything can remain only words.

In the case of Turkish Stream, everything is much sadder. The Bulgarian contractor can give up the construction of the transit line just as easily as the Swiss one for Nord Stream 2 earlier. How Gazprom will get out with the completion of this onshore pipeline in Europe is completely incomprehensible. Former President Dmitry Medvedev, now deputy chairman of the Russian Security Council, called the US actions "greyhound."

Jokes aside, this is serious business. The European gas market is a tasty morsel, but it is actively transforming. Demand volumes and energy prices fell, while the number of competitors increased. For their share, many countries are literally ready to fight on it. Thus, one of the reasons for the sharp aggravation of the situation in Libya is the control over the route of the new EastMed gas pipeline, which we mentioned above. If Germany is unable to bargain for an exemption for Nord Stream 2, then the fate of Gazprom's additional transit capacity to the European market becomes very vague, and the link to Ukraine becomes critically important.

Given that the EU intends to completely abandon the use of fossil fuels over the next 30 years, it's time to think about diversifying the Russian economics and the reindustrialization of the country.

Sergey Marzhetsky
www.nord-stream.com

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123

+3

23 July 2020 11: 07

Given that the EU intends to completely abandon the use of fossil fuels over the next 30 years, it is high time to think about diversifying the Russian economy and re-industrializing the country.

Desires do not always coincide with possibilities. Hydrogen production requires a lot of electricity, which means that Europe needs hydrocarbons. It is cheaper to produce hydrogen from methane. Look at your leisure, there are several videos on this topic.

It's too late to think about reindustrialization, it has been going on for a long time. But it is extremely naive to think that now we will build factories and start selling machines and machine tools to Europeans instead of oil. Let's not start. More precisely, if we start, the situation will not change dramatically. Europe has no resources, they live at the expense of this very industry, and they will not be allowed to squeeze it out of its own market by imports.
gorenina91

+1

23 July 2020 12: 07

Former President Dmitry Medvedev, now deputy chairman of the Russian Security Council, called the US actions "greyhound."

- What did Dmitry Medvedev say ... - it's not important ... - And what is important is that it is generally very dangerous to appoint a'la Medvedev to responsible posts ... - Well, they would have picked up a post for him somewhere in the field special events: weddings, corporate events, "banquets", etc. etc...; in short, where people can cope on their own ...

US sanctions: Turkish Stream will be much more complicated

- With regard to the sanctions on the "Turkish Stream"; then Russia should not be particularly afraid of this, because Turkey itself puts such slingshots and obstacles to Russia that sanctions are no longer scary, since they cannot be applied to an already inoperative system ...
- As for the SP-2; it all depends on ... who will replace the old woman Merkel, who has finally sat up in her field ... - Of course ... - such ... as Helmut Kohl, Germany can no longer be found; but all the same ... - a quite worthy leader may be elected ... - And not this idiot Merkel with her pathological hatred of Russia ... - So "gas affairs" in Europe now depend on "politics" ... new Chancellor ... - We can only hope ... - there is simply no other ...
Sapsan136

+1

24 July 2020 12: 29

The end result is that the Russian Federation will impose tough sanctions against the United States, or even nationalize ALL US property in the Russian Federation, which will very sensitively hit the Yankees in the brazen face!
1. Natan bruk
  
  -1
  
  25 July 2020 01: 07
  
  Well, this is hardly a good idea - Russian property in the United States is definitely no less than American property in Russia. The really tough sanctions are to prohibit Americans from keeping their money in Russian banks, to prohibit them from receiving treatment in Russian hospitals and teaching children in Russian universities.
  1. 123
    
    +4
    
    25 July 2020 06: 18
    
    Well, this is hardly a good idea - Russian property in the United States is definitely no less than American property in Russia. The really tough sanctions are to prohibit Americans from keeping their money in Russian banks, to prohibit them from receiving treatment in Russian hospitals and teaching children in Russian universities.
    
    Quite a reasonable proposal.
    Judging by the speed of the printing press, soon it will be difficult to consider their candy wrappers as money, even if they keep the waste paper, the investment will be prohibited. The freshly printed trillions must somehow be legalized, for this they must be invested somewhere. They raised Musk from 30th place to fifth at the expense of the Fed, so let them continue to invest in it.
    According to statistics, the chances of getting dressed in a wooden pea jacket in an American hospital are much higher. Apparently, all they can do is pump up boobs with silicone.
    Judging by the latest events, it is simply dangerous to be there. Rich daddies will take their sons mowing away from the army home, to safe Siberia. And in general, why limit this? The teachers are also home. American University is a place where Russian teachers teach Chinese students.
    1. Natan bruk
      
      -3
      
      25 July 2020 06: 59
      
      God, how can you fight off Americans who are eager to get treatment in Russian hospitals? And what will happen to Russian dollar millionaires and billionaires? It’s a pity for them. Yes, and something must be done with Putin - he’s strenuously looking for dollar investments.
      1. 123
        
        +4
        
        25 July 2020 07: 30
        
        God, how can you fight off Americans who are eager to get treatment in Russian hospitals? And what will happen to Russian dollar millionaires and billionaires? I feel sorry for them
        
        Why fight back? Let them be treated at home. What will happen to the dollar millionaires - I do not care, they will become ruble, there is yuan, euro, they do not switch to shekels, after all. And in general, it's a pity - the bee has it.
        
        Yes, and something must be done with Putin - he is looking for dollar investments.
        
        Where is he looking for them? Did he come to see you? He and the euro with the yuan will be fine.
        
        Natan bruk
        
        -2
        
        25 July 2020 08: 25
        
        Well, he certainly will not refuse from dollar investments and will accept them with gratitude. But the Americans still feel sorry for them - they so hoped that Russian medicine would help them ... Well, to hell with them, let them envy the Russians and be treated in their wretched hospitals.
        
        123
        
        +2
        
        25 July 2020 08: 39
        
        Well, he certainly will not refuse from dollar investments and will accept them with gratitude.
        
        Maybe, of course, he will have mercy and accept. His heart is kind.
        
        But the Americans still feel sorry for them - they so hoped that Russian medicine would help them ... Well, to hell with them, let them envy the Russians and be treated in their wretched hospitals.
        
        Nothing to be done, life is pain, will get by somehow. As a last resort, they can ask the Cubans.
        
        Natan bruk
        
        0
        
        25 July 2020 16: 19
        
        Exactly, exactly. I just don't understand the Russian oligarchs - why do they pay huge sums of money and go to this decaying West with their terrible medicine, if Russia has the best hospitals and the most advanced medicine in general? Maybe they are just such good citizens and do not want to take away places in such wonderful hospitals from ordinary Russians? I see no other explanation.
        
        123
        
        +2
        
        25 July 2020 16: 45
        
        Exactly, exactly. I just don’t understand the Russian oligarchs - why do they pay huge money and go to this decaying West with their terrible medicine, if Russia has the best hospitals and, in general, the most advanced medicine?
        
        It's hard for you to understand them, I can offer the simplest explanation, for them it's not a lot of money. Perhaps you are right, considering the medicine there is terrible, and in Russia the advanced, in any case, the statistics are on your side. I look at this problem a little differently, we still have a lot to strive for.
        
        Maybe they are just such good citizens and do not want to take away places in such wonderful hospitals from ordinary Russians? I see no other explanation.
        
        I have another option, Russian oligarchs do not like American ones, they take their places in hospitals. Ours are going to America, the Americans have nowhere to go. I would recommend them to talk to the Cubans, or folk medicine ...
        
        Natan bruk
        
        0
        
        25 July 2020 18: 17
        
        Exactly, they are doing this to drive away the American oligarchs, as I had not guessed! But until the Americans were banned from being treated in Russia, why are they not going? Strange what ... Yes, in general, and Cubans are not much better - who can, to Florida in fragile boats with a threat to life and for what, one wonders? Well stupid ...
        
        123
        
        +3
        
        25 July 2020 20: 25
        
        Exactly, they are doing this in order to get rid of the American oligarchs, as I did not guess! But until they banned Americans from being treated in Russia, why are they not going? What strange ...
        
        How do I know? They are really strange people. There are a lot of options. Maybe they are embarrassed to travel far, they have heard enough propaganda and are afraid to travel, there is no money for the trip, or they are simply waiting for the vaccine trials to be completed.
        
        In general, the Cubans are not much better - who can, to Florida on fragile boats with a threat to life, and for what, one wonders? Well stupid ...
        
        Surely humanitarian aid is being transported. Cubans have a strong sense of compassion.
        
        Natan bruk
        
        -1
        
        25 July 2020 22: 05
        
        Yes, so many mysteries ...
        
        123
        
        0
        
        25 July 2020 22: 07
        
        Yes, so many mysteries ...
        
        There is another option, there may be problems with geography, not everyone knows where Russia is located.
        
        The comment was deleted.
  2. Sapsan136
    
    +3
    
    25 July 2020 07: 47
    
    Do not confuse the property of bandits and crooks who have escaped from Russia, such as the Yeltsin family, with the property of Russia! The property of the huckster, not a problem for Russia! And the United States will lose so much on Sakhalin alone that it will hiccup for a long time!
    1. Natan bruk
      
      -2
      
      25 July 2020 08: 31
      
      Sakhalin means little to the United States. This, if anything, will be a problem only for Shell Corporation, and that is far from critical - they have no more than 27% of the project's shares. But the Russian property in the United States is not a huckster, but Putin's "responsible businessmen" and there are many billions of it.
      1. Sapsan136
        
        +5
        
        26 July 2020 10: 20
        
        Property on Sakhalin also belongs to high-ranking Yankee officials, not to mention Coca-Cola, Pepsi, McDonald's, CFS, Ford, Boeing, Holiday In and others ... Yankees will lose tens of billions, if not more.
        
        Natan bruk
        
        -1
        
        26 July 2020 18: 27
        
        All these are FRANCHISES. Ask at your leisure what it is. Well, at the same time, think about who will give jobs to many thousands of laid-off Russian workers. And also who will compensate for the loss of taxes.
        
        Sapsan136
        
        +3
        
        26 July 2020 20: 23
        
        These are fascist states, in which the majority of approvals are the actions of local Hitlers. And the work of the locals will be given precisely by sending Gaster home and transferring orders to factories in the Russian Federation, from enterprises of all sorts of patients with Russophobia in Belarus.
        
        Natan bruk
        
        -2
        
        26 July 2020 21: 44
        
        Yes, you are still the economist :)))
        
        Sapsan136
        
        +3
        
        26 July 2020 22: 28
        
        A normal economist and the prosperity of Saudi Arabia, with which the Russian Federation needs to take an example, is proof of this. Money should be spent on your country and its indigenous population, and not on slag sick of Russophobia.
        
        Natan bruk
        
        -2
        
        27 July 2020 14: 13
        
        Saudi Arabia shut down all the international brands mentioned? Nationalized Western property?
        
        Sapsan136
        
        +3
        
        27 July 2020 20: 25
        
        In Saudi Arabia, citizenship is not distributed to those who have come in large numbers, only a residence permit, with the right to employment, but without the right to all types of benefits. In addition, for the slightest disloyalty to the country and its indigenous population, instant forced deportation from the territory of the state, with a ban on new entry into the country, or even imprisoned and then deported.
        
        Natan bruk
        
        -2
        
        28 July 2020 08: 11
        
        Actually, the point is that you are proposing to close all production facilities in Russia under foreign brands (although these are mostly franchises) and nationalize Western property. Does CA do it?
        
        Sapsan136
        
        +3
        
        30 July 2020 07: 56
        
        If the United States has the audacity to impose sanctions against the Russian Federation that harm the Russian economy, Russia has every right to any action that could harm the US economy.
        
        Natan bruk
        
        0
        
        30 July 2020 09: 54
        
        Well, who doesn't?
        
        Sapsan136
        
        +3
        
        30 July 2020 10: 39
        
        Yeltsin's gang, from which it is high time to cleanse the Kremlin, and not only, Russian offices. Close the "drunkard", and send Chubaisov to the felling, which has long missed them!
        
        Natan bruk
        
        -1
        
        30 July 2020 23: 30
        
        So is Putin the leader of Yeltsin's gang?
        
        Sapsan136
        
        +4
        
        31 July 2020 07: 41
        
        Yeltsin's gang, this is Okulova E. B. and Yumasheva T. B. with their families and company (such as Chubais), and of course, the vampire Naina, who considers the reign of her alcoholic husband in the Russian Federation to be a golden age. You have to be so insolent to make such statements. For her personally, he was golden, but not for the Russian Federation, which was dying out during the reign of this cannibal. Putin is only to blame for the fact that he still hasn’t hung the whole company on the lanterns and has been walking along the banks of the Yeltsin swamp for 20 years, like Moses in the desert. This does not benefit the Russian Federation and its indigenous population!
2. The comment was deleted.
3. leodal
  
  -2
  
  25 July 2020 05: 11
  
  It will end with the Russian Federation introducing tough sanctions against the United States
  
  One to one:
  
  Ants go hunting and leave one to guard the anthill. After a while, they come and see: the anthill is destroyed, the ant stands on crutches all beaten. They ask him:
  - What happened?
  - Yes, the bear walked and came.
  - But did you somehow take revenge on him?
  - Sure! I went and shit in the middle of the den !!!