Why Biden is forced to abandon the conquest of the European gas market

35

Penultimate I ended my text with the following passage:
The next two articles will be devoted to debunking the next myths that have developed over the past 7 years. The first will debunk the myth about the possibilities of the Americans to transfer the EU to their own LNG and explain why they have not done so yet. The second will focus on Biden's plans to decarbonize the world economics and will remove the myth about the maintenance of Ukraine at the expense of the Russian Federation by transit of Russian hydrocarbons through its GTS.

I keep my promise. About SP-2 and Biden's Cunning Plan to Decarbonize the World Economy I already toldIt remains to highlight the problems of American LNG and finally clarify the interest of the Americans in the issue of maintaining Ukraine at the expense of the Russian Federation by pumping Russian gas through its GTS to Europe.



Myth # 1. American LNG


To begin with, there is no American LNG in nature. There is LNG produced on the American continent, specifically in the United States, by private American companies, to which the US state has nothing to do, except that they are located on its territory. They regularly pay taxes at the place of their registration, they do not owe anything else to the US state. Neither Trump, let alone Biden, is a decree to them. To tell them to whom they should sell their LNG, and to whom not, neither the President of the United States, much less a bipod of a smaller caliber - cannot, from the word "absolutely". With all their desire.

Because in the US LNG industry there is such a thing as tolling. Vertically integrated projects based on the production of gas, its liquefaction with the subsequent transportation of LNG to the consumer, certified by long-term oil-related contracts, take place, but only outside the United States. Under Trump, a tolling scheme took root in the LNG industry to break even and compete with pipeline gas. This scheme allows the processor to reduce all his commercial risks to zero. The only element of risk here is the need to buy gas on the exchange. But after the signing of the first long-term contracts for the sale of its products, the processing enterprise becomes break-even. All risks are passed on to the buyer, and the contract itself is used to secure a loan, without which even a barbecue house cannot be opened in America, let alone build a gas liquefaction plant.

Tricks of the tolling scheme


It must be understood that the United States until 2015 was only a net importer of LNG for its own needs (it became a net exporter only under Trump). Therefore, antimonopoly legislation has developed there, which nullifies the possibility of a monopolist emerging on the American market, capable of single-handedly dictating gas prices. As a result, all gas sellers can only sell gas on the national gas exchange Henry Hub. Therefore, in the United States, the gas producer, the owner of the liquefaction plant and the LNG exporter are different firms, and the latter are mainly non-American companies. Most (63%) of them are "portfolio buyers" such as Shell, British Petroleum, Total, which have a large pool of buyers around the world and send American LNG to regions with the most attractive prices at that time (there were cases when LNG carriers deployed right on the way). The scheme is simple - an LNG processing plant buys gas from local shale gas producers, liquefies it, and then sells it to buyers (Shell, Natural Gas Fenosa, and other companies) on FOB (free on board) terms of delivery under which the Seller loses rights on the goods as soon as the goods have crossed the ship's rail at the port of shipment, from that moment all costs and risks of loss or damage to the goods are borne by the Buyer. After that, the seller does not care about the fate of the goods (LNG), he cannot influence the place of its shipment. Neither he, let alone the President of the United States.

There is also an alternative scheme, when the refiner provides its facilities to future exporters of liquefied natural gas, who independently purchase gas from American production companies or participate in gas upstream projects (KOGAS, Mitsubishi, Mitsui). These are mainly Asian companies, compared to the previous group purchasing LNG on FOB terms, there are not so many of them, only 12% of the total number of contracts (88% falls on FOB). Moreover, all steps of a potential buyer are regulated. To purchase LNG produced in the United States, you need to sign a contract with the processor for liquefaction of gas and pay an advance payment for the lease of equipment. Considering that we are talking about billions of cubic meters of gas, advance payments amount to millions of dollars. And this amount is non-refundable. Then on the Henry Hub exchange you need to purchase the required amount of gas and pay for its delivery to the plant. After gas liquefaction, either its storage in the plant's tanks is paid for, or it is loaded onto a tanker.

At the same time, all exporters of LNG produced in the USA, in their contracts have a “liquefy-or-pay” clause, according to which the Buyer pays a fee for liquefaction regardless of whether he uses the capacity or not. Thus, the processor eliminates the risks associated with incomplete loading of his plant. For example, from June 1, 2017, KOGAS has to pay annually to Cheniere (the largest US owner of an LNG plant, which accounts for 20% of the US liquefaction capacity), $ 61 million annually for 547,5 years for the reserved capacity 3- th technological line, which will be a serious incentive for Koreans to use these capacities and sell all the contracted gas to minimize costs. As a result, all the problems with the sale of American LNG in foreign markets are a headache for such exporters. The buyers are large traders and companies that have their own gas distribution networks (we are talking about countries such as Japan, South Korea, India, China, where there is a high demand for gas and there are no alternative sources of supply). Trump, who came up with this whole scheme, was, of course, a handsome man, it is a pity that Biden, who replaced him, did not support him in this, and ruins the established mechanism to the root, to spite Trump, to our delight.

The only thing that interests us in this scheme is that LNG purchased in the USA, unlike, for example, purchased in Qatar, has no restrictions on delivery locations. But a processor, such as Cheniere Energy, will be able to supply it to the EU countries only when it settles with creditors and fulfills all previously signed contracts, i.e. not earlier than 15 years later (Biden will definitely not live to see it!).

Problems of LNG supplies to Europe


And I am not saying anything yet, that the capacities of these producers are not sufficient to replace the supplies of Russian pipeline gas, and I am not even mentioning the insufficient quantity and capacities of the European receiving regasification LNG terminals for this. At the same time, Qatar is the main supplier of LNG to the EU, Australia is in second place, and only in third place, with a noticeable lag behind the Australians, is liquefied natural gas from the United States. There are currently 2 receiving regasification terminals in the EU, including Turkey (and excluding the UK, which is no longer a member of the EU, with its 3 LNG terminals). By 4, there will be 27 of them (another one will be reopened in Spain). Their total receiving capacity will reach 2025 billion cubic meters of gas. The figure is, in principle, not small, even if we compare it with the supply of Russian pipeline gas to the European and Turkish markets, which in 28 fell to 236 billion cubic meters of gas, against 2020 billion cubic meters in 175. At the same time, in 199, the Russian Federation lost 2019% of its share of the European market (from 2020% to 3%), yielding them to foreign LNG suppliers.

But all these achievements of the enemy LNG will not help it replace Russian pipe gas not even because of the higher cost price, but because of logistical problems. The Atlantic is a very harsh ocean, the passage of an LNG tanker from the United States takes at least 3 weeks, provided the weather is good. Qatar in this sense is in a more advantageous position - it passed through Suez and you are already in Europe. But the receiving European terminals are located extremely unevenly along the coast. One each in Belgium (12 billion cubic meters) and the Netherlands (16 billion), Greece (7 billion), Portugal (7,6 billion), Poland (7,5 billion) and Lithuania (4 billion) ... Two in Turkey (with a total capacity of 12,2 billion cubic meters). Four in France (42,9 billion). Seven in Italy (51,75 billion) and nine in Spain (75,1 billion). The numbers in brackets are given with a perspective for 2025, the Europeans plan to increase the receiving capacity of their LNG terminals, following the precepts of Uncle Sam, despite the fact that at the moment they are all working with partial load (40-50%).

But are they right? As this harsh winter has shown, neither Uncle Sam, nor any other uncles and aunts rushed, breaking chairs, to the aid of freezing Europe (have you heard that the temperature there dropped to unprecedented lows - minus 8 ° C in Germany and about zero in thermophilic Spain and France). Instead, mercenary Americans, along with other market participants, began to tarry the market of freezing Northeast Asia, where, together with temperatures down to minus 18 ° C (in Beijing and Tokyo), LNG prices jumped 7 times to their 6-year highs, breaking through the 1 thousand USD / thousand cubes. For comparison, the price of gas on European swaps during this time rose to just over $ 330. And even the price of $ 700 per thousand cubic meters in Spain did not attract LNG suppliers, who were storming the Asian markets at that time. As the saying goes, nothing personal - it's just business.

It was high time to remember about Putin, and he froze, not increasing supplies by an iota, according to the agreed contracts, forcing the Europeans to massively empty the reserves of UGS (underground gas storage facilities), where the same Russian gas was stored, pumped there in the summer by summer prices (in anticipation of problems with the signing of a transit agreement between Russia and Ukraine), owned by Gazprom. The decrease in reserves while maintaining the same supply volumes predictably pushed the prices for blue fuel up, to the delight of Moscow, but did not allow Ukraine to enrich itself on the increased transit, to the chagrin of Kiev, since Gazprom did not increase transit. But it can always increase if necessary, which cannot be said about gas carriers that still have to cross the Atlantic, God forbid there is a storm, and I am not saying anything yet, about the cost of gas and the limited number of gas carriers. From which one can draw a simple conclusion that the possibilities of the United States to crush the European gas market are very illusory.
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  1. 0
    17 February 2021 08: 19
    No matter how gas carriers with conditionally Russian LNG go to Boston again ...
    1. 123
      +3
      17 February 2021 21: 38
      No matter how gas carriers with conditionally Russian LNG go to Boston again ...

      If there are free ones. Now they can supply gas to Asia through the Northern Sea Route all year round.

  2. +2
    17 February 2021 09: 36
    At first we were convinced that all the events in Ukraine were due to the shale gas found there. Now something is forgotten about it. Under Trump, we were convinced that the states are lobbying for their LNG as an alternative to the Russian pipe. Now we are being convinced that there is simply no American LNG ...
    Something seems to me that there are not 2, but much more myths in the assessments of the situation with natural gas.
    1. +12
      17 February 2021 12: 46
      Now we are being convinced that there is simply no American LNG ...

      Gas, that is, the state is simply unable to manage the logistics of this gas. Now, during the cold weather, not a single LNG carrier went towards Europe. In Asia, prices are higher. This was understandable before. Everyone except Marzhetsky.
      And Germany is now much more afraid of dependence on US LNG than on Russian pipe gas. Due to the obviously different adequacy of partners.

      At first we were convinced that all the events in Ukraine were due to the shale gas found there.

      And so it was. Including because of this. But repeated geo-prospecting of gas reserves did not confirm. It happens. And Maidown has already taken place. Therefore, the conflict took on a sluggish character.
      A suitcase without a handle. There is no gas, Russia took the Crimea (you cannot build a NATO base there), it was not possible to swing Ukraine into a real war. Mahmo te, scho mahmo.

      Something seems to me that there are not 2, but much more myths in the assessments of the situation with natural gas.

      There are indeed more of them. To replace Russian gas with "American" LNG (if we imagine that it exists) there will not be enough gas carriers available in the world. The United States does not have them, those that exist in the world are involved. A technological superpower itself cannot build gas carriers. Unlike a gas station country with an economy torn to shreds.
      It is unrealistic to completely replace pipe gas with LNG in Europe simply because of the difference in chemical composition. Not to mention the cost difference.
      LNG from cold Russia has a liquefaction cost of 30% less, which, together with a smaller logistical leverage, provides a guaranteed competitive advantage for Russian LNG.
      Well, and something else on the little things.
    2. -1
      18 February 2021 13: 33
      You don't read the scribble, the scheme is correct, the conclusions are stupid
    3. +1
      22 February 2021 01: 06
      You did not read the article carefully, gas produced and liquefied in the United States really exists, but it does not belong to the United States, this is the point, which means it is not American. Well, just like the Russian gas that Ukraine buys from its neighbors in the EU is no longer Russian, and the purchase price for it is no longer Russian. :)
  3. -5
    17 February 2021 09: 45
    Why Biden is forced to abandon the conquest of the European gas market

    - Ay, well, how much can you write about it ...
    - Personally, I am already constantly writing about this ... - I just write on the go ... - I have no time to look for my previous comments on this topic ... - if necessary, then I will find and post here ... here ... here .. ...
    - Personally, I already wrote that the Americans are bluffing with their LNG - just "in black" ... - There is no American LNG ... - they do not need it at all ...
    - I already wrote that the Americans are starting a completely different ... - "new gas game" ...
    - And today the Americans no longer have any interest in continuing the game with Gazprom ... - that's all already passed ... - Well, for a diversion they will continue all sorts of squabbles about SP-2 (Merkel's Germany will help them here) .; a gas pipeline through the territory of Ukraine, etc., etc. ..... - but this is all --- just a setup ...
    - And the main thing is that today the Americans (most likely Biden already has a campaign and "specialists" for this) are starting a new "gas game", terrible for Russia ... - And they will play it on the "field of Russia" and with the help the collaborationist "five-column" NOVATEK ... - Who is in charge of NOVATEK today; who owns "the most serious assets" of NOVATEK ... - this is practically impossible to determine today ... - Well, there are some "zits-chairmen of Pounds" in the role of leaders (as in the "Golden Calf" by Ilf and Petrov); and then ... - who will take them apart ... - And now it can happen like this; what ... what ... that it turns out overnight that Russian LNG; Russian plants for the production of LNG; Russian shipyards for the construction of gas tankers; these gas carriers themselves belong ... - no, not Russia; and not even our Russian grabber oligarchs ... - but through a lot of completely legal front companies and companies ... - belong to the Americans ... - That's all ... - and then you can not continue ... - The consequences of everything this for Russia will be about the same; what were for the USSR in the 80s of the last century; when the Americans managed to "catch the Soviet economy" and literally twist it around their finger ... - Well, then Gorbachev also "helped a lot" to all this ... - Well, today we can find "another Gorbachev" in Russia ... - much easier ...
    - So the consequences for Russia can be simply terrifying ...
    1. +6
      17 February 2021 10: 53
      Quote: gorenina91
      and not even our Russian grabber oligarchs ... - but through a lot of completely legal shell companies and companies ... - belong to the Americans ... - That's all

      It is significant. Russian oligarchs are necessarily grabbers, but Americans are just Americans. Who are you in this war for? Something tells me that you sympathize with the Americans more ...
      1. 0
        17 February 2021 17: 13
        It is significant. Russian oligarchs are necessarily grabbers, but Americans are just Americans.

        Russian oligarchs are necessarily grabbers; and the Americans are their masters ... - is that okay for you ???

        Something tells me that you sympathize with the Americans more ...

        - Yes, it's better ... - personally, I'll tell you myself ...:
        - Personally, I am rather indifferent to the Americans; but personally, I have an extremely negative attitude towards China ... -I do not perceive any Chinese culture with its false philosophy; no Chinese consumer goods (which Russia voluntarily dresses up); no Chinese cuisine (there are even fans among our Russians ... and_di_ot_ov) food, products ... which can be poisoned ... - and even more so - the Chinese language ...
        - As for the allegedly socialist economic political structure of China; then China has long been showing the whole world the most real "animal grin of imperialism"; and even internationalism here does not "smell" at all ... - If the USSR was ready to do good to the whole world ... - "all the hungry and slaves" at its own expense; then China is ready to take off the last shirt from this beggar and hungry ... - And Russia itself has long experienced all the moments of "friendship and cooperation" with China ... - Fake socialism is now in China ...
        - I don't want to develop this topic ... - not interesting ...
    2. +2
      17 February 2021 13: 36
      All attempts by foreigners to buy a Russian pie can be offset by raising export duties and other taxes, from which Western owners will not have large profits. The main thing is to help the Russian people, this is the task of the political parties that pass laws in the country.
    3. -2
      18 February 2021 13: 34
      You should write fairy tales, you are our verbose
  4. +4
    17 February 2021 10: 47
    no American LNG exists in nature.

    And someone did not know this?

    Neither he, let alone the President of the United States.

    Well, the US President cannot influence the newsstand either. We have been convinced in recent years. However, there are still those instances in the United States that influence everyone and are very successful. They just don't talk about them laughing
    The author does not take into account a simple thing. By shutting down the SP-2, the United States is trying not to replace Gazprom's gas. They don't need it. The main goal, I think, is to create a gas deficit in Europe. Having killed the SP-2, the United States will revive the issues of privatization of UkrGTS, quickly privatize and liquidate it. Yes, they will. And then gas prices in Europe will jump higher than in Yu-VA, and
    1. all gas carriers will rush to Europe and replace the retired volumes;
    2. high gas price will make the production of LNG in the USA profitable;
    3. High price for gas, and, accordingly, for energy in Europe will make production in Europe uncompetitive in comparison with production in the USA.
    4. will reduce the share of Russia in the energy balance of Europe and the revenues of the Russian budget.
    This is roughly what the American leadership is doing today. Try to refute ....
    1. +9
      17 February 2021 11: 22
      1) who prevented the Americans from eliminating the gas supply channel to the EU through the UkroGTS by blowing up the pipe allegedly by Ukrainian nationalists in order to prevent Mordor from earning his money, because the Ukronazis are all fed up and work for their uncle (and it will be Uncle Sam or some uncle from Svoboda, who works for Uncle Sam, it doesn't matter anymore)? There are no gas supplies, the price is up, Uncle Sam (then he was Barack Monkey, who was replaced by Donald Ibrahimovic) is cutting coupons, selling his expensive LNG to the EU, the EU - with his products in the ass. Why complicate the scheme, and in order to kill the ukrotruba, you must first privatize it? Where can you find such privatizers who will invest money in order to lose it later?
      2) why do you think that with a conditional gas shortage, the price of LNG in the EU will be higher than in Southeast Asia, there was initially a premium market - China, Japan, South Korea, India - everyone is sitting without gas, demand is growing (in China and India), renewable energy sources cannot cope with loads (in Japan and South Korea), suppliers are unable to meet demand (Qatar, Australia, Malaysia, Russia, USA). The current harsh winter has proved where LNG is going (for the USA in Southeast Asia and the shoulder is shorter, logistics are cheaper, the marginal profitability is higher) - where they pay more for it (in Spain the price soared to $ 700 per thousand cubic meters, and LNG still went to China and Japan, where they gave 1000)
      All your other conclusions are correct, it's stupid to disagree with them
      1. 0
        19 February 2021 19: 40
        Quote: Volkonsky
        who prevented the Americans from eliminating the gas supply channel to the EU through ukroGTS by blowing up the pipe allegedly by Ukrainian nationalists,

        Firstly, everyone knows that even a mouse won't fart in Ukraine without US permission. Secondly, if the UkrGTS is shut off, the European Commission will be re-equipped and the pipes will be manually brought to Fortune. And this is a riot.

        Quote: Volkonsky
        why do you think that with a conditional gas shortage, the price of LNG in the EU will be higher than in Southeast Asia

        Because Europe is richer. And if there is a shortage of gas, spot prices can only be stopped by the arrival of a sufficient dose of LNG.
        1. 0
          20 February 2021 08: 20
          Because Europe is richer. And if there is a shortage of gas, spot prices can only be stopped by the arrival of a sufficient dose of LNG.

          Who said he was richer? Look at the share of GDP in the world distribution of the GDP of the United Europe and China with Japan and India. Gas prices in Europe are knocked down by the presence of pipeline gas from the Russian Federation, which is not available in Southeast Asia (the PRC will receive 10 yards of gas through the Power of Siberia pipeline this year and another 40 yards from the Turkmen)
          1. -1
            20 February 2021 17: 16
            Quote: Volkonsky
            Who said he was richer? See the share of GDP in the world distribution of GDP of the United Europe and China with Japan and India

            Well, you are definitely not an analyst !!! The EU has more solvent consumers of energy, population and production !!! They will ultimately determine the price of it.
        2. 0
          20 February 2021 08: 30
          The author does not take into account a simple thing. By shutting down the SP-2, the United States is trying not to replace Gazprom's gas. They don't need it. The main goal, I think, is to create a gas deficit in Europe. Having killed the SP-2, the United States will revive the issues of privatization of UkrGTS, quickly privatize and liquidate it. Yes, they will. And then gas prices in Europe will jump higher than in Yu-VA, and

          And the elimination of the ukrotruba will not force the Europeans to manually finish building the SP-2? Something with the logic of the problem! The throughput capacity of the ukrotruba is 142,5 yards of gas per year only for the EU, (Belarus, Moldova and Ukraine do not even count, together with them 178,5 yards) - enough for everyone! The whole point is that there is a struggle for this asset - both the United States and the Russian Federation participate in it, each fights in its own way. But Toko GTS is needed, GDS nafig is not needed by anyone, let the non-brothers themselves support it or die from the cold
          1. 0
            20 February 2021 17: 21
            Quote: Volkonsky
            And the elimination of the ukrotruba will not force the Europeans to manually finish building the SP-2?

            If Gazprom refuses the pipe, the EU will not build it. Never.
    2. +2
      17 February 2021 11: 54
      Quote: Dan
      The US will revive the issues of privatization of UkrGTS, will quickly privatize and liquidate it.

      And so far, why haven't they done it, if it's so important to them? And together with Germany and the EC, they sought to extend the contract from 2020 not for a year, as Gazprom insisted, but for at least ten years, as according to EU rules? How can this be explained? Not only Germany and Germany are connected to the Ukrainian pipe. Turkish Stream. "If they don't have their own LNG, then what are they talking about? What do they give in return for gas from Nord Streams and the Ukrainian GTS?
      1. 0
        20 February 2021 17: 26
        Quote: Cherry
        And so far, why haven't they done it, if it's so important to them?

        I think that until the fate of gas routes to Europe is finally decided, there will be no final decisions on UkrGTS. They will launch SP-2, the United States will not have much sense to make any sudden movements along the UkrGTS. Still, they are not omnipotent. In general, of course, forecasts based on little publicly available information can be very approximate. The Future Will show.
        1. 0
          21 February 2021 06: 28
          the United States will not make much sense to make any sudden movements along the UkrGTS.

          When the agreement on the extension of transit was signed, the United States did not get very much underfoot. Merkel drowned more for the decoration. Just with incredible tenacity!
          1. 0
            21 February 2021 10: 00
            Quote: Cherry
            When the transit extension agreement was signed, the United States was not very much underfoot.

            I do not think that the media described the role of the United States in the process of these agreements. Especially considering their influence on the EU and Ukraine. Therefore, I would not be so categorical. These negotiations are a very murky business. Their course can be assumed only by the results and visible actions of the parties. For example, I very much doubt that the arbitration group was not pressured from the outside. But I think it’s unlikely when we will find out the true motives of such an asymmetrical approach of judges to the parties to the dispute.
  5. -5
    17 February 2021 15: 42
    Bullshit again. The author himself invented something, now he is debunking it himself.

    The gas was cheap - it was being transported. And so do we. If you become expensive, they are not taking them. Market-s, capitalism-ms

    And weave Biden everywhere ... just a famous name
    1. +4
      17 February 2021 16: 00
      I know two endless things - the Universe and human stupidity. However, I have doubts about the universe ...

      Albert Einstein
      1. -1
        17 February 2021 16: 03
        You about yourself and Einstein, of course))), you know better.
        After all, everyone writes about himself ... (either Mark Twain, or someone even older)
      2. 0
        18 February 2021 14: 40
        Volkonsky, Einstein, discredited himself. His "merits" are an example of the fact that manipulation of our History began long before today's information wars.
        1. 0
          18 February 2021 14: 52
          what do you know about Einstein? he received a Nobel not even for the theory of relativity, but for the photoelectric effect, you can dream about such discrediting
          1. 0
            18 February 2021 14: 59


            Volkonsky... In this video, two reputable scientists very delicately tell us who Einstein is. In scientific circles, at that time, there was a scandal about this, it was hushed up.

            I liked your quote, but I think that Mr. Einstein stole it from someone too. laughing
          2. 0
            18 February 2021 15: 14
            PS For the theory of relativity, Einstein did not dare to award the Nobel Prize, and the scientific fraternity had to be reassured. laughing
  6. -4
    17 February 2021 18: 06
    - Personally, I can't understand ... - that many of those present suddenly picked up to write about that; which I personally have been writing for two years now ... - Everyone just saw their light from this moment ...
    - And what I personally wrote these two years ... - Let's start with the fact that our narrow-minded oligarchs and not very qualified specialists from the extractive industries and from the weak Russian manufacturing industry suddenly decided to poke their attention into the global capital business ...

    With cloth snout; yes in the Kalashny row ..
    .
    - We won't get far ... - let's take only the gas industry ...
    - They decided that there is a lot of gas ... - Now we will forward gas pipelines (and continue to drive along those pipelines that we got from the USSR); we will quickly overtake the whole of Europe (all of Western Europe will be under us) ... - "we will cut the dough nemereno"; "we will row the grandmothers with a shovel and everything will be covered in chocolate" ... -So, they rushed with their checkers naked ... - But Europe quickly broke off these illiterate people ... - Tied them up with a whole web of all kinds of legal conventions; numerous "necessary constituent members"; a whole bunch of "joint equity participants"; some outspoken international "fraudulent creditors" who suddenly show such "interest" that just hold on ... and so on and so on ...
    - In short:
    -
    A fool does not need a knife.
    ..
    - Well, the illiterate Gazprom went to Europe ... - where he began to receive a margin from his business "on the residual principle" ... - However, this was quite enough for Gazprom itself (and is enough); to live pretty fancy ...
    - But the worst of all this ... is that Gazprom was forced to play by someone else's rules ...
    - In general, all Gazprom reminds me of Yeltsin ... - Hahah ... - As soon as the West cheated on Yeltsin ... - literally out of the blue and where Yeltsin had enough trump cards; to play "his own game" ... - Moreover, Yeltsin was always "shoved" all this and he was sure that he himself was in control of the situation ... and he was in charge and in charge ... - The same is happening today with Gazprom ...
    - Well, what can you do ... - narrow-mindedness is narrow-mindedness; primitiveness is primitiveness; and illiteracy is illiteracy ... - Alas. !!!
    - So ... - Gazprom slipped the SP-2 project ... - Why did Gazprom need it at all ???
    - It was necessary to hold West Europe on the "gas hook" ... - wait until she "deeply swallows this hook" ... - She will feel how generous Russia is and that Russia must be treated very politely and correctly ... - And then already. ..- "at the perennial and constant requests of the inhabitants of Western Europe" ... - unhurriedly and reluctantly (having received very lucrative European loans) to start building the SP-2 ... - This is the only way ... - But the close-minded Gazprom itself "thwarted its game . ".. and fell into a trap ...
    - Yes, not only that ... - Erdogan, seeing the frank stupidity of Gazprom and taking advantage of the softness and complaisance of Russia, decided to pull off a similar scam with Gazprom ... and Erdogan succeeded ... - And Gazprom itself got into another trap ...
    1. -3
      18 February 2021 10: 18
      1)
      - narrow-mindedness is narrow-mindedness; primitiveness is primitiveness; and illiteracy is illiteracy ... - Alas. !!!

      Gas is the business of presidents. What do you want from the Russian Gazprom? He is only a tool in the hands of a person who has been offended by God.

      2)
      - It was necessary to hold West Europe on the "gas hook" ... - wait until it "deeply swallows this hook" ... - will feel how generous Russia is and that Russia must be treated very politely and correctly ... - And then already. ..- "at the perennial and constant requests of the inhabitants of Western Europe" ... - slowly and reluctantly (having received very profitable European loans) to start building SP-2

      Excluded! It is impossible to delay not a minute, but it is better to build for good, since the main "fat" the cooperative "Ozero" gets exactly on CONSTRUCTION at frenzied prices of various kinds of megaprojects.
      The fact that most of the bottom will never pay off is the problem of the Russian budget and taxpayers.
  7. MAP
    +2
    18 February 2021 12: 24
    Thanks a lot for the article !!!!!!
  8. -2
    19 February 2021 13: 24
    Gas has risen in price, we clap our hands, but the Russians do not feel this success. And feel like
    Prices for almost all goods began to rise sharply: paper; meat; cereals: egg; sugar; butter; consumer goods; gasoline; well, for everything and not by 4 - 5%. What assessment should be given to the leaders of the state who have been feeding the people for many years with promises and do not fulfill them? The only serious success is the strengthening of our armed forces, the return of the Crimea, well, the pride of the leadership is the well-paid national guard, standing on the protection from internal enemies.
  9. -1
    19 February 2021 19: 40
    Evil tongues are broadcasting about the presence of floating mines in the Atlantic (since World War II) and unaccounted for submarines, the commanders of which will sink any gas carrier with great pleasure, which is worth thinking about the GRU and the FSB, instead of chasing the various offenders of the "guarantor" ...
  10. 0
    22 February 2021 14: 42
    Retelling of an interview with Martsinkevich.