Why is the idle "Nord Stream-2" Russia more profitable than the operating

According to foreign media reports, the German Federal Network Agency Bundesnetzagentur (BNetzA) has not yet received from Gazprom all the documents necessary for the certification of Nord Stream 2. From this, Western analysts concluded that the long-suffering Russian gas pipeline will not work in the first half of 2022. But is it really that bad? Maybe it doesn't need to be launched in its original form at all, but the project itself should be conceptually revised?

Considering this topic, let's return to its origins. What was the main purpose of the construction of the Turkish Stream and Nord Stream 2? In order to get rid of Ukraine's dependence on gas transit to the countries of the European Union. The design capacity of Turkish Stream is 31,5 billion cubic meters of gas per year, and Nord Stream 2 - 55 billion cubic meters of gas per year. Did Gazprom manage to solve the problem of getting rid of dependence on the part of Kiev?

No, it failed. The principled position of the United States of America, the European Union, and Germany, in particular, is that the transit of Russian gas through the Ukrainian GTS is preserved. If Moscow can give up on Washington, then Berlin, our partner in Nord Stream and Nord Stream 2, cannot be dismissed. Germany needs to preserve the Ukrainian direction in order to continue to operate the huge Nezalezhnaya underground storage facilities, which are used to maintain the balance of the "blue fuel" reserves. Tying Gazprom to the Ukrainian pipeline was the principled position of both the former Chancellor Angela Merkel and the new one, Olaf Scholz.

The conclusion is disappointing: Russia will not be able to leave Kiev completely, they will not be allowed. The transit agreement signed at the end of 2019 for a period of 5 years seemed to be the last, but Gazprom will not be able to evade the conclusion of a new one. And no illusions about this! At the same time, there is a clear delay in the certification process for Nord Stream 2. One Polish and two Ukrainian energy companies were admitted to it, who can recall that the pipeline was completed by the Russian barge Fortuna, which was not equipped with an automatic dynamic positioning system, which was a prerequisite for the project, and therefore a lot of new problems could be created through the pipeline. It is naive and shortsighted to ignore such prospects.

But is everything really as bad as it seems? Let's look at the situation from a different angle.

On the one handYes, Nord Stream 2 is still not working, and it is not clear when it will start. Well, okay. A non-working gas pipeline is even more profitable today than an operating one. Its cost is estimated at almost 10 billion euros, half of the amount was provided by European partners, but on the terms of a loan, which, in theory, will have to be repaid. Plus, for some reason they forget to indicate investments in the construction of a gas transmission corridor from Yamal to the Baltic Sea, which, according to some sources, are estimated at $ 31 billion.

A colossal amount comes out. It would take many decades to beat it off, given that one of the two pipes will have to remain empty due to the norms of the Third Energy Package. However, against the background of the current energy crisis in the world, Gazprom will be able to earn about $ 8-9 billion by next summer. It will be possible to beat back the full cost of the project in the next couple of years, provided that abnormal gas prices in the EU remain. Paradoxically, it is more profitable for the domestic exporter not to supply gas than to supply it.

On the other hand, everything in the global the economy interconnected. High prices for energy carriers and electricity in the EU, the USA and China will lead to the so-called "import of inflation", that is, an increase in the price of industrial products purchased in these countries. However, this also opens up a certain window of opportunity for Russia. Like us told Earlier, attracted by relatively low electricity tariffs, so-called "miners" of cryptocurrencies moved to our country. Obviously not something to be proud of, but there is a certain trend.

In the context of the growing global energy crisis, inexpensive electricity is a great competitive advantage for Russia, which can be used to attract industries from countries where energy prices are setting new records. For example, from Southeast Asia, of course, subject to the provision of certain tax incentives to investors, and so on. We could make cheap electricity the main "trick", and we have everything necessary for this: NPPs, promising mini-NPP projects are being worked out, which can be built relatively quickly, we need to develop mini-hydroelectric power plants, wind farms, tidal power plants. Let energy abroad be expensive, while in our country it will be cheap, and even “green”.

Do Germans want to keep gas transit through Ukraine? Let's supply, as now, 40 billion cubic meters a year, and not more. Let the prices for "blue fuel" keep high. Are the Europeans dragging Nord Stream 2? Well, okay, let him lie at the bottom of the Baltic for a couple of years while investments fight back. Then this project can be revised altogether.

Instead of supplying gas to Europe, we will create a joint venture in Germany for the production of "blue hydrogen" and we will pump gas there purely as a raw material for this process. Then let them buy on the spot Russian-German hydrogen, which will obviously also be expensive.

If you look at the matter from this angle, then perhaps it is not necessary for the Nord Stream 2 project to take place in its original form.
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  1. gunnerminer Offline gunnerminer
    gunnerminer (gunner miner) 18 December 2021 15: 31
    Commercial gas does not flow through the idle SP-2. It does not bring profit. Lost profit, also damage. The SP-2 was not built with such a purpose as to explain it with demagogic reports. By playing numbers, you can fool the brains of simpletons. This is a bargain between Berlin and Moscow, in which the pipe serves as a tool due to which the EU does not allow our country to take an excessively large share in the gas market, ”said Artem Deev, head of the analytical department at AMarkets. Therefore, Europe can drag out the certification period indefinitely until Gazprom makes concessions, for example, in the form of a new contract with Ukraine, which provides for increased transit volumes.
    1. Marzhecki Offline Marzhecki
      Marzhecki (Sergei) 18 December 2021 15: 45
      Commercial gas does not flow through the idle SP-2. It does not bring profit. Lost profit, also damage. The SP-2 was not built with such a purpose as to explain it with demagogic reports. By playing with numbers, you can fool the brains of simpletons.

      Wrong. It's just that the products are exported at a higher price. There will be more gas, the price will be lower. That's all.
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        1. tulip Offline tulip
          tulip 18 December 2021 16: 52
          you would first look at the official statistics of Gazprom - in just 9 months of 21 years it earned 20 billion more))) Your thoughts that Gazprom has nothing, since all prices are fixed, are simply ridiculous) All agreements with long-term contracts are linked to rising prices - so that Gazprom made very good money on the increase in gas prices without even selling on the spot. And SP-2 has long been repulsed for money, so there is no rush.
      2. sH, arK Offline sH, arK
        sH, arK 19 December 2021 13: 16
        Of course, it would be possible to raise prices without using the SP-2. After all, even now Gazprom is fulfilling the contract, and now it is not using the SP-2! The only thing that "helped" SP-2 is the rationale for Gazprom that additional volumes will go only through SP-2! But after all, nothing prevents you from promising any additional production ?! Why do this at all ?! I think the answer is simple, and lies in the slavish dependence and corruption of the top management of Gazprom, for which it is more important to put a penny in their pocket, and not a dollar in the Russian budget. Well, formally, the ready-to-operate SP-2 restrains the desire to put on stream the construction of LNG receiving terminals, a tanker fleet, etc. This is his role - to act like a stone in his bosom.

        Yes, the increase in Gazprom's profit has already justified the construction of the SP-2. Fact. And I think it's a fact that after 2024 it is very unlikely that gas transit through the DUrkainy GTS will continue. It's just not profitable! Now Gazprom does not sell on the spot! And it is not necessary! Sells Wingas, Wintershal DEA, in which Gazprom has 100% and 49% stake, this is more than enough ...
      3. zenion Offline zenion
        zenion (zinovy) 25 December 2021 15: 57
        Gas is supplied at a negotiated price, and then, as the recipient, he wants to give to others. Straight, as in the post-war period. It is good for someone who has one leg on his trouser leg, he does not rub, he never interferes.
    2. svoroponov Offline svoroponov
      svoroponov (Vyacheslav) 19 December 2021 04: 44
      Europe (Germany) will not be able to endlessly delay according to its legislation. The construction of Gazprom also includes the construction of an LNG plant in the Baltic. In addition, Gazprom makes money on the spot, as it has shares in one percentage or another in the leading gas companies in Europe, which send part of the gas received under long-term contracts there to earn extra money.
      And an increase in budget revenues from food exports and other non-gas directions will allow not to conclude again some of the contracts for the volumes pumped through Poland and Ukraine, plus, some of these volumes will be allowed in additionally from the west to the east. In addition, the gas market in Russia is also growing, here is the supply of the population and gas processing with gas chemistry. Enterprises are planned, built, and some are already operating or have begun to produce products.
      In short, the new industrialization of Russia is on the march. And since there are more minerals in Russia than in Europe (there is already nothing there), there is already a tendency for production and business to flow to Russia. Which is very Westerners and infuriates.
      1. IC Offline IC
        IC (PM) 19 December 2021 13: 02
        If the Russian Federation had a positive investment climate and a sound foreign policy, the Western countries would indeed have transferred energy-intensive and harmful industries. What they have been doing for a long time in third world countries.
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    4. zenion Offline zenion
      zenion (zinovy) 22 December 2021 16: 52
      But in one village, in one hut, gas was supplied. The rest are next.
  2. dub0vitsky Offline dub0vitsky
    dub0vitsky (Victor) 18 December 2021 15: 39
    At any moment, a new Sashko Bely may appear in Ukraine, quickly (there it is possible) make his way to the presidency, and tear the pipes to shreds, punishing the hated Muscovites. Perhaps, on our part, we will help our brothers?
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    1. tulip Offline tulip
      tulip 18 December 2021 16: 54
      I repeat - the sanctions played into the hands of Gazprom - in 9 months of 21 years it earned 20 billion more. That is, he repaid his investments in SP-2 four times already)))
      Europe has lost more than 2014 billion euros in response to Russian counter-sanctions since 200))) And it will lose even more and freeze, and you jump on)))
  4. tulip Offline tulip
    tulip 18 December 2021 16: 56
    I just do not understand why the author is sure that Europe will force Gazprom to conclude a new contract with Ukraine?))) Firstly, before that, there are still three years and during this time a lot may change, of course there are EU political dances around UkroGTS - but they are not provided with anything)) )
  5. Bakht Offline Bakht
    Bakht (Bakhtiyar) 18 December 2021 17: 08
    1. Where did the figure of 31 billion for the land part come from? Previously, there was a figure of $ 10 billion. Gazprom's official figures are 250 billion rubles at the 2009 exchange rate.
    2. Where does the information come from that the cost of half of the sea part of the SP-2 was given on credit? European gas companies are preparing a lawsuit to the European Commission in the amount of almost $ 5 billion. These are their expenses for the construction of the sea part of the SP-2. And another 10 billion for overland gas pipelines in Europe. For which they have already spent.
    3. What are the contractual obligations of Gazprom for gas supplies to Europe?
    To date, Gazprom has fulfilled all contracts for gas supplies to Europe for 2021. So the transit can be safely stopped for at least six months.
    1. boriz Offline boriz
      boriz (boriz) 18 December 2021 19: 45
      10 billion - the cost of the underwater part, half of which was financed by 5 Western companies.
      31 billion - the cost of the overland part in Russia.
      Overland pipes across Europe cost either 15 or 16 billion.
      Gazprom has already recaptured the offshore part, but it has yet to recapture its land part ...

      So the transit can be safely stopped for at least six months.

      The largest partners of Gazprom in Europe, by a strange coincidence, own 100% of the shares of Gazprom. They work in small wholesale and retail. They also own eight UGS facilities in Europe. So, it is better not to substitute these clients, from them comes the gain from the level of spot prices.
      1. Bakht Offline Bakht
        Bakht (Bakhtiyar) 18 December 2021 19: 57
        I'm talking about the land part. According to Gazprom, the cost of the onshore section is 250 billion rubles in 2009 prices. If we take the ratio of the dollar and the ruble (it seems 25 rubles per dollar), then it turns out to be 10 billion. This is the figure I have heard so far. Now there is a figure of 31 billion (either dollars or euros). Can you find the source?
        1. boriz Offline boriz
          boriz (boriz) 18 December 2021 20: 23
          I won't tell you offhand. I pointed it here somewhere in the spring. Then I remembered where. I will remember - I will drop it. And I heard 15-16 billion on land in Europe the other day from Martsinkevich.
          1. Bakht Offline Bakht
            Bakht (Bakhtiyar) 18 December 2021 20: 26
            Yes, Martsinkevich spoke about the costs of Western companies. And voiced their losses. 5 billion is 50% of the marine part (there was no talk of any loans). These are exactly the costs of gas companies. And they seem to have invested another 10 billion in five overland gas pipelines in Germany, the Czech Republic, France and Holland. More precisely, you can watch his video. Need to search. I will find, I will give a link.
            1. sH, arK Offline sH, arK
              sH, arK 19 December 2021 11: 30
              Yes, the cost of interconnectors is usually not included in the total amount, because these are all separate projects, albeit related to SP-2. Just like the onshore pipelines to SP-2 - their construction to the European part of Russia is necessary for anyone, and is designed not only for SP-2, but also for Ust-Luga, and simply for delivery from Yamal to North-Western Russia ... So it is a controversial issue to include them in the SP-2 project.
              1. Bakht Offline Bakht
                Bakht (Bakhtiyar) 19 December 2021 12: 34
                I think I understood the logic of 31 billion. This is just a distortion of facts.
                The cost of the offshore section is 10 billion (of which half of Gazprom's half is 5 billion), the cost of Torzhok-Ukhta 2 is 10 billion (these are only Gazprom's expenses). It is interesting that the throughput capacity of this gas pipeline is 55 billion cubic meters. That is, it is fully involved in the SP-2. SP-1 serves Torzhok-Ukhta 1. It operates at SP-1, exceeding its design capacity. Instead of 55 billion cubic meters, it pumps 58 billion. For the second year in a row.
                The cost of European gas pipelines is from 10 to 12 billion dollars. These are the net costs of European companies. GazProm has nothing to do with this.
                10 + 10 + 12 = $ 32 billion. Of these, Gazprom's costs are 15 billion.

                But this raises an interesting question. Why are European gas concerns keeping a proud silence? They have between 15 and 17 billion dollars buried in the ground. And there are no claims. The same Martsinkevich has the answer. These are not interconnectors, but real gas pipelines.

                But here's what's surprising: there is not a single lawsuit from the European five companies that have invested in the construction of SP-2. Moreover: SP-2 has overland extensions - a whole system of four main gas pipelines in Germany, the Czech Republic and Austria... Due to the fact that, due to the fault of the United States and the European tobaccos loyal to them, SP-2 has not yet been put into operation, the main gas pipelines EUGAL, Capacity4Gas, Megal and Megal Suid have been idle for more than a year... All of them are fully built, that is, all the envisaged investments have been completed, but there is no return: the SP-2 does not work - there is no gas - there is no way to work. The only exception is the operating EUGAL, albeit not at full capacity, through which the gas of the first Nord Stream flows, according to the project, intended for the OPAL gas pipeline. By the decision of the European Commission on the claim of the Antimonopoly Service of the Republic of Poland, the OPAL capacity is limited to 50 percent, and these 50 percent go through EUGAL, which runs parallel to OPAL.

                European law bison sit in these gas companies. Claims have been ready for a long time, but not presented. They rely on the European investment protection law and everyone knows that with a 99,9% probability they will win these claims. So they will take their 15-17 billion dollars. But they will be paid by the governments of those countries that are members of the EU. Therefore, they are calm like a boa constrictor looking at a rabbit.
                1. Bakht Offline Bakht
                  Bakht (Bakhtiyar) 19 December 2021 12: 43

                  The paradox is obvious: demanding to observe the very letter of the Third Energy Package, the European Commission punishes all European consumers, among whom the notorious indicator of “energy poverty” is rapidly growing. But the European Commission is not capable of admitting its own mistake, preferring to demonstrate incredible stubbornness, and we have not seen any protests in this regard in any EU country. And Gazprom's European long-term partners are quite satisfied with the following situation: carefully observing the European legislation, during this heating season they may well make a profit comparable to the volume of investments made by them in the construction of the SP-2 and its overland extensions.

                  This is not a secret either: those European companies who have been cooperating with Gazprom for a long time and on mutually beneficial terms have invested in the SP-2 and gas pipelines through the territory of European countries. It was not these companies or Gazprom that brought the European gas market to its current state, it was not they who insisted on restrictions and sanctions against SP-2. Their investments in new gas pipelines do not work and will not work until the moment when gas flows through SP-2, but the decisions made and implemented by the European Commission make it possible to compensate for these investments now, when SP-2 continues to wait for the completion of all bureaucratic procedures. ... And there is no reason for all investors to give up such an opportunity - nothing personal, just business.

                  Gasprom is in exactly the same position. Strictly observing the spirit and letter of the Third Energy Package, GazProm makes a profit comparable to its costs for the offshore and onshore parts of SP-2.
                  Gasprom has built a gas pipeline. Further - the EU's headache. It is also about the level of management and planning of European officials. Compared to them, there are geniuses in Gazprom.
      2. Bakht Offline Bakht
        Bakht (Bakhtiyar) 18 December 2021 20: 10
        Any figure must be pumped and weighed.
        So. Gazprom layout

        The first stage with eight compressor stations has been operating since 2012. The cost of it was estimated by Gazprom in 2011 (in 2009 prices) at 234 billion rubles, the cost of 1 km was 241 million rubles. It turns out that over the year, from 2009 to 2010, construction has risen in price by less than 3%. In current year prices the second stage of the pipeline may cost 250 million rubles. per 1 km, or 242,5 billion rubles.

        So - the first stage was built already in 2012. The second stage is estimated at 242,5 billion rubles. The length is 970 km.
        For comparison, the Power of Siberia -2 gas pipeline with a length of more than 6 km is estimated by Gazprom at 000 trillion rubles. Some experts talk about 1,6 trillion rubles.
        This makes $ 30 billion RUB 2,2 trillion. It turns out that 970 km is more expensive than 6000 km.
        I would like to have some solid sources of such information.

        The first joint of the Ukhta - Torzhok - 2 gas pipeline, non the ground side of the Nord Stream 2 route, was welded on October 27, 2015 in the presence of Gazprom CEO Alexei Miller and Russian President Vladimir Putin (he participated in the ceremony via video conferencing). And last Friday, Gazprom for the first time estimated the costs of building this gas pipeline: the figure is indicated in the company's documents for investors - 217 billion rubles. in 2010 prices, when the project documentation was developed. The length of Ukhta - Torzhok - 2 - 970 km, it turns out, the cost of 1 km "Gazprom" estimated at 223,7 million rubles.
        1. boriz Offline boriz
          boriz (boriz) 18 December 2021 20: 34
          Gazprom will have to pay the main share of 31 billion euros out of its own pocket, but Korchemkin is confident that the Russian gas giant will shift part of the costs to domestic consumers, which will increase gas prices in Russia.

          There are also not only pipes, but also a compressor station of some terrible size and parameters on the coast of the Gulf of Finland.
          But here the number 31 is given somehow incomprehensibly. What's included ...
          1. Bakht Offline Bakht
            Bakht (Bakhtiyar) 18 December 2021 20: 42
            This is the opinion of the director of a consulting company that is headquartered in the United States (as far as I understand). I read his interview earlier. What he says clearly does not agree with the opinion of Martsinkevich. I believe in the latter more. And where he got the figure of 31 billion is also unclear.
            1. boriz Offline boriz
              boriz (boriz) 18 December 2021 20: 45
              Now I remember that I also heard 31 from Martsinkevich, but somewhere in the spring. Now you won't find it on the videos. And 15 - 16 in Europe - just the other day. But he did not name 31 there.
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    1. S WITH Offline S WITH
      S WITH (N S) 18 December 2021 18: 42
      this is not a flower this is a red dupa nato gay
    2. Bakht Offline Bakht
      Bakht (Bakhtiyar) 18 December 2021 20: 00
      In fairness, it must be said that the poppy is a symbol in memory of the victims of the First World War. In spite of the St. George ribbon, Ukrainian neo-Nazis decided to use this symbolism. What relation the First World War has to Ukraine is clear only to them.
  8. S WITH Offline S WITH
    S WITH (N S) 18 December 2021 18: 40
    When will Gazprom revise gas prices under contracts to the Hans? some write like once every 2 months, others once every 9 months .. apparently the Hans have not yet realized that 300 euros can turn into 1500 \ thousand cubic meters
    1. Grigory_78 Offline Grigory_78
      Grigory_78 (Grigory R.) 22 December 2021 11: 22
      300 euros can turn into 1500 \ thousand cubic meters

      - they will turn. By the summer, when gas will have to be pumped into European UGS facilities. The price for most of Gazprom's European long-term contracts is tied to the gas price on the spot with a lag of six months, recalculated every month. I think in the spring and summer of 2022, Gazprom will mainly sell gas to Europe under short-term contracts, so as not to "sink" too much in terms of supply (accordingly, it will have to reduce production, which is harmful for gas wells). But the latter is true, personal reflections.
  9. dub0vitsky Offline dub0vitsky
    dub0vitsky (Victor) 18 December 2021 19: 25
    Quote: S S
    When will Gazprom revise gas prices under contracts to the Hans? some write like once every 2 months, others once every 9 months .. apparently the Hans have not yet realized that 300 euros can turn into 1500 \ thousand cubic meters

    Additional volumes of 270 euros each - a lure to induce to buy gas from pipe-1 and pipe-2. And through the rest - only for spot trading. There, speculators raise such prices by trading virtual, paper gas. What can you do, they DEMANDED, even through the courts, to do so. We thought that long-term contracts at a price pegged to oil would be more expensive than a spot. They won the first year. And we lost several billion. But when we began to give only what was ordered, And the ordered was not enough, and we did not give, going forward, in addition, to which they were accustomed, we realized that the bazaar is twisting of hands. Now they again began to think about bringing us to court in order to return to the old. So, pipe-1 and pipe-2 are a chisel cutting the unity of the EU. They have different interests, and they will never, in fact, agree. Outwardly, it seems, together, the Poles, the Germans, but, in fact, the wolves, will bite off each other's everything that dangles.
  10. Jacques sekavar Offline Jacques sekavar
    Jacques sekavar (Jacques Sekavar) 18 December 2021 21: 01
    Inexpensive electricity is a great competitive advantage, but not in the Russian Federation - the absence of massive investments and the transfer of production capacities to the Russian Federation is somehow not visible
    Inflation is 7%, up to 10% is forecasted.
    As the head of the central bank explains, the import of inflation is to blame for everything - the result of integration into the world capitalist system.
    Within state education, big capital is subject to government regulation and is gripped by the grip of tariff restrictions - a socially oriented policy does not allow world-class prices in the domestic market, and receives the lion's share of profits from foreign economic relations, in which Gazprom plays the main role.
    In the fight against inflation, the central bank raises the key rate.
    This leads to an increase in the cost of loans and a shortage of working capital, which leads to an economic crisis, an increase in unemployment, an increase in compensation costs of the NWF, and external borrowing under sanctions, if possible, is at extortionate interest.
    It is necessary to speed up the laying of the pipe through Mongolia as much as possible and increase exports to China, albeit at low prices, and close the northern streams and the Belarusian transit, the Ukrainian one within the limits of contractual obligations and no excess supplies at the request of importers. Enough as rams hammering in a locked door and make Western “partners” laugh openly by introducing different energy packages, carbon footprints, certification, dictating requirements for payment for transit through Ukraine for its maintenance at the expense of the Russian Federation, etc.
  11. Krilion Offline Krilion
    Krilion (Krilion) 19 December 2021 05: 16
    what does it mean to get away from the Ukrainian transit "will not be allowed"? .. the whole article is sheer nonsense ...
    1. Marzhecki Offline Marzhecki
      Marzhecki (Sergei) 19 December 2021 13: 56
      I just understand what is happening better than you.
      1. sH, arK Offline sH, arK
        sH, arK 20 December 2021 02: 43
        I'm not sure if you understand well;) Payment for transit through the DUrkainy GTS is guaranteed until the end of 2024. You can not transit, but pay. But this is a minus in karma. And you have to be ready for this. And it’s stupid to pay and not use. This is damage to Ukrainians, but also to yourself. But we are not Ukrainians, to rejoice in a dead cow sacrificing our sheep for this? Therefore, it is wise to take full advantage of the opportunities. Load the GTS dUrkainy, while rocking the supply boat. Provide a strictly consistent minimum volume. Transit paid only. Do not argue with anyone about anything. Not to make new contacts, but to promise to consider any advantageous offers. The only question is what is considered beneficial. Transit via SP-2 is shorter by 2000 km. And 2 times cheaper per 1 km.
        Serious German contractors Wingas, Wintershall are interested in the existing volumes and prices. They are of little interest in storage in the Durkain UGS facilities. And small contractors do not have contracts with Gazprom. Gazprom does not care about their wishes.
        I think that Durkaina has no chances after 2024. Only spot transit orders. Like the Poles. This is the EU requirement!
        1. Marzhecki Offline Marzhecki
          Marzhecki (Sergei) 22 December 2021 11: 35
          I'm not sure if you understand well;) Payment for transit through the DUrkainy GTS is guaranteed until the end of 2024.

          You will see. I understand better than you.
          1. sH, arK Offline sH, arK
            sH, arK 23 December 2021 12: 29
            I think no ! You don't understand at all! The probability of concluding and extending transit is minimal!

            I wonder why 90% of the answer is cut off !? Well, I will repeat briefly: negotiations on both transit and purchase of gas with Gazprom should be in Moscow or St. Petersburg, and no one can afford to go there now in Durkain! And the negotiations themselves, of course, will be framed as a surrender of positions by one of the parties. Therefore, only on the territory of Russia! And this is already an unacceptable format for Ukrainians.
  12. Ilya Aksenov Offline Ilya Aksenov
    Ilya Aksenov (Ilya Aksenov) 19 December 2021 09: 09
    If Nord Stream 2 is put into operation, gas prices will collapse - this is not profitable for Gazprom. But if it hangs like a sword of Damocles over the EU and the United States, it will bring profit to Russia and is already bringing it.
  13. Don't give a damn about the Deutsche and finally Europe!
    We will drive our gas to China
    Well, we will show Europe well ... y!
  14. Jacques sekavar Offline Jacques sekavar
    Jacques sekavar (Jacques Sekavar) 19 December 2021 15: 05
    Gazprom works under long-term contracts.
    The essence of all that is happening is that the Western "partners" tried to get away from them and complicate the position of Gazprom.
    A non-working pipeline brings only losses, which can be compensated for by the volume that Gazprom sells at exchange prices only in the fantasies of the agitation industry and a sick imagination.
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  15. NikolayN Offline NikolayN
    NikolayN (Nikolai) 19 December 2021 19: 22
    Here you need to look through all the options. Calculate. We cannot do this. Let the experts count.
    For example, do not sign long-term contracts. Not to conclude a contract with Ukraine. How will the market behave? And in Ust Luga to build an LNG plant. There are many options. What it means to us: a possible decrease in Gazprom's profits. And for Europe? Lack of gas. And sky-high prices, but this is also an argument for green energy. Or, for example, the arrival of sane authorities in Ukraine.
  16. Sergey Latyshev Offline Sergey Latyshev
    Sergey Latyshev (Serge) 19 December 2021 20: 28
    This is all pure abstract reasoning.
    We do not know what Gazprom thinks. Whether he could earn even more with JV 2 - we do not know.
    We know that downtime costs a pretty penny.
    We know that everyone else is making money as much as they can, also creating excitement.
    Prices and Gazbrom are not directly related, only indirectly. The middlemen are playing on the stock exchange, it is not known which part of them work for Gazprom.
    Gas storage facilities WERE 70% full in Europe, now the media for some reason do not diligently write.
    1. tulip Offline tulip
      tulip 19 December 2021 21: 54
      simple does not cost anything at all to Gazprom, enough to repeat here svidomye mriya. Gazprom's profit for 9 months of 2021 exceeded last year's by 20 billion! And then I'm 100% sure that Gazprom has underestimated its profits so as not to pay more to the budget)))
  17. zenion Offline zenion
    zenion (zinovy) 21 December 2021 00: 56
    Reminiscent of a French fairy tale about a fox and grapes. She wanted to eat, but she was kicked out. He runs across the field and says - I didn't really want to, besides, the grapes are still green, not ripe. If everything goes on like this, it turns out like in a car with which the owner had trouble. I bought a carburetor that saved 40% of fuel, then four candles, each of which saved 10% of fuel. Then he put in a pump, which saved 15 percent of the fuel. And also a filter that saved 10% of the fuel. As a result, the fuel overfilled the carburetor, then the tank began to flow out of the tank and the car caught fire. So it will be with Nord Stream. It will start pumping gas from Europe to Russia, the wells will overflow with gas and dissolve all the oil. And from the dissolved oil it will be possible to make excellent galoshes, better and of better quality than in the USSR. We will interrupt the communist achievements. Surprisingly, as soon as the sign of the USSR was changed to the Russian one, those communists who ruled the country disappeared, everyone hanged themselves due to the fact that in general it was not worth it, because now they have done less from a not so big country and they are not even capitalists, but feudalists. Which is a very peaceful country. The next step is slavery. And if it were not for the enemy Stalin, they would have long been Gauleiters of the regions. Stalin fought with the West, and all the rot was in the rear. After the death of Stalin, the country's orderly, viruses proliferated.
  18. Semyon Sukhov Offline Semyon Sukhov
    Semyon Sukhov (Semyon Sukhov) 21 December 2021 21: 25
    from Yamal to the Baltic Sea, which, according to some sources, are estimated at $ 31 billion.

    - the author mistakenly adds 31 billion to the cost of the sea part. Over time, an LNG plant will be built at its end in the Baltic. It is much cheaper to transport LNG from the Gulf of Finland than from Yamal. A gas carrier costs about 200 thousand greens per day! And the arctic ice class is even more expensive. The way from the Baltic to the western geyrope will take 2-3 days, and from Yamal two weeks, and depending on the ice it may be longer. Russia will transport its gas on its own gas carriers and will take off these billions very quickly ...
    1. zenion Offline zenion
      zenion (zinovy) 22 December 2021 16: 58
      Story. One beautiful lady is walking and sees 20 dollars lying on the road. She bent down to pick them up and felt that she had not found twenty dollars, but earned them.