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Gazprom is circling the toilet.


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2015 Aug 12, 6:34pm   28,545 views  171 comments

by RWSGFY   ➕follow (4)   💰tip   ignore  

"
How Russian energy giant Gazprom lost $300bn.

It was not too long ago that Gazprom, Russia’s state-controlled energy conglomerate, was one of the Kremlin’s most powerful weapons. But those days now seem like a distant memory. Today, Gazprom is a financial shadow of its former self.

The speed of Gazprom’s decline is breathtaking. At its peak in May 2008, the company’s market capitalisation reached $367bn (£237bn), making it one of world’s most valuable companies, according to a survey compiled by the Financial Times. Only fellow Exxonmobile and PetroChina were worth more. Gazprom’s deputy chair Alexander Medvedev repeatedly predicted that within a decade the Russian energy giant could be worth $1 trillion.

That prediction now seems foolhardy. Since 2008, Gazprom’s value has plummeted. In early August it had a market capitalisation of $51bn – losing more than $300bn. No company among the world’s top 5,000 has suffered a bigger collapse, Bloomberg Business News reported in April 2014, and by the end of the year net income had fallen by an astonishing 86%.

Though share prices have rallied slightly since, indicators suggest Gazprom has further to fall. Lingering uncertainty raises questions about whether it can survive, with production continuing to tumble downward.

So what happened? Why is a company with the world’s largest gas reserves, operating in a country bordering China and the European Union – two of the world’s top energy consumers, performing so badly?"

http://www.theguardian.com/world/2015/aug/07/gazprom-oil-company-share-price-collapse

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101   mostly reader   2022 May 15, 9:55am  

richwicks says
Show your dedicated post, quote it, provide links.
I did just that - provided a link to my dedicated post. That's EXACTLY what you asked me to do. This is YOUR quote from YOUR post asking me to do that. Now you act butthurt because supposedly it's not what you demanded.

Sheesh, you can't even put together a coherent thought. No wonder your mental process is so defective.

Are you denying that you tried to pin Bucha on Ukrainians and requesting quote for that?

Be specific, dear senile.
102   richwicks   2022 May 15, 10:44am  

mostly reader says
richwicks says
Show your dedicated post, quote it, provide links.
I did just that - provided a link to my dedicated post. That's EXACTLY what you asked me to do. This is YOUR quote from YOUR post asking me to do that. Now you act butthurt because supposedly it's not what you demanded.

Sheesh, you can't even put together a coherent thought.


Oh please, this is just another ad-hominem attack.

You make false claims constantly.

mostly reader says
Are you denying that you tried to pin Bucha on Ukrainians and requesting quote for that?


What I HEAR, and I may be misinformed, is that the Ukrainians did it - specifically the Nazi factions of the Ukrainian military which are also fiercely anti-Russian and they targeted Russian sympathizers - that THOSE were the victims. Further evidence to this as being possibly true is that the mayor of Bucha made no mention of the massacre immediately after the Russian military force left it, that Zelenskyy is forcing people to fight and won't allow them to leave, and the cherry on top is our "news" media claims it happened.

Our media ONLY lies. Ghost of Kiev/Kyiv, the massacre on Snake Island? Zelenskyy fighting in the trenches? Our news media lies blatantly. They have no credibility, and this is their claim, and because they're such fucking liars, I have to assume they are lying again. They are war whores. It's a sad state but when I assume our "news" media is lying I'm more than 90% correct at this point.

mostly reader says
Be specific, dear senile.


Again for the 10th time, insulting me doesn't change my mind. It's pointless. I can't be offended by a person I don't respect, and honestly, I feel contempt for you. I think you're not just uninformed, I think you're actively dishonest. I think you're an active liar, who knows they are lying.

What purpose does this war have for Russia? If we are to trust them (and perhaps we should not), it's to prevent Ukraine from housing NATO weaponry and to end the bombing in Eastern Ukraine. Are these unreasonable demands?

If not, Ukraine can agree to them and if the war continues regardless THEN we can discuss the morality of this stupid, pointless, fruitless war.

Those are Russia's stated demands and the cause of this war, remove them, and we'll see if Russia is lying about their motivation for war.

I don't know if Russia is a bunch of scurrilous lying shit, but I know the US lies about ALL of their wars. Find that weapons of mass destruction program yet? If that was a mistake, a valid mistake, it would be a huge error of incompetence and there would have been a fallout of people who made that "mistake" - but that never happened, instead their cunt wives helped overthrow Ukraine.

I'm tired of this empire of lies, and I will actively work against it, but legally of course.

If my government wants me to trust them, they can stop lying to me, but they won't - why is that? My only conclusion is that they have to lie to get support, and either you're part of that or a victim to it.
103   WookieMan   2022 May 15, 10:48am  

richwicks says
British Petroleum poisoned the entire Gulf of Mexico.

This is true to an extent. It was overblown to a large amount though. Nature was fucked with, but it wasn't as bad as pictured by the media as someone that frequents the Gulf and Panhandle. It was a slow news cycle and they needed clicks. Yes, it f'd some things up, but it wasn't as bad as it was made out to be. Not a BP stock holder either.

Oil, gasses and natural chemicals have leaked onto land and water naturally forever. I also think Gazprom will be fine. Need to keep the lights and heat on in that part of the world. The US for sure isn't producing it even though we could.
104   mostly reader   2022 May 15, 11:01am  

richwicks says
What I HEAR, and I may be misinformed, is that the Ukrainians did it.


I'll have to repeat myself.

Start of copy/paste:
---
Oh fuck. I don't remember another time in which everyone who matters, on both sides of the isle, conformist or non-conformist, pro-war or pro-peace, would be so unanimous. That includes Donald Trump.

Al Jazeera: "Bucha killings: ‘The world cannot be tricked anymore’"
FOX News: "Atrocities in Bucha, Ukraine, appear 'premeditated,' 'deliberate': senior US defense official"
CNN: "The horrors of Putin's invasion of Ukraine are increasingly coming to light" and many more
The Guardian: "Satellite images of corpses in Bucha contradict Russian claims"
Times of Israel: "Refuting Moscow’s claim, satellite images show bodies were in Bucha for weeks"
BBC: "Satellite image of bodies site contradicts Russian claims"
The Times (UK): "Satellite images show bodies in Bucha before Russian retreat"
The Telegraph (UK): " Satellite images of Bucha dead could provide ‘irrefutable’ proof of Russian war crimes "
Reuters: "Satellite images show civilian deaths in Ukraine town while it was in Russian hands"

Is that all? No, it isn't. Donald Trump also described Moscow's activities in Kyiv as "genocide." That was before Bucha even.

"Our governments"? The ONLY major players that push the line which you are pushing are... drum roll... Russia and China! That's about it!

To truly believe in it, you'd have to believe that:

1) Germany falsified satellite images, and in a way which wasn't exposed
2) Every major outlet outside of Russia and China - US, UK, Canada, Israel, Germany, Netherlands - are all in on it.
3) All major characters, including Trump, are all in on it as well
4) The false flag operation of this scale can be implemented in a few hours and without major leaks
5) (drum roll) Russia and China are telling the truth!
---
End of copy/paste

I of course do not for a moment think that you believe that. I think that you are a propaganda troll, as dishonest as they get. You crossed the line between humans and subhumans on the way down long ago.

I'm also waiting for the likes of you to produce "air traffic controller Carlos" who saw it all.
105   richwicks   2022 May 15, 11:28am  

mostly reader says
richwicks says
Show your dedicated post, quote it, provide links.
I did just that - provided a link to my dedicated post


Well, show the quote.

See I can do it:

richwicks says

mostly reader says
richwicks says
No, exact quote, and link to it.
I feel that I'm talking to a retard


That's interesting. Quick scan had no links again.

Provide quotes of mine with links.


See? That's a quote, and a reference back to the original post.

You can insult me all you like. I don't care. To me, this just demonstrates your inability to explain, because I believe you're an active liar.

I don't particularly want to engage with this, you talk about nothing, you give no information, you don't provide data which I can assimilate or evaluate - you're just incensed and outraged I don't agree with your, supposed, opinion, which I think is stupid because you don't demonstrate how it's supported.

I have had to beg you for over a month for what forms your opinions. I can show you mine easily:


original link


There's one. Is is correct? I don't know, but you never argue with it. You just call me a stoopid poopy head, as if that's going to make me think "maybe I AM a stupid poopy head? Maybe I should agree with you..."

I'm not a kid anymore and I'm not subject to peer pressure, and I understand how propaganda works. I could be made to agree with you, but I would have to be in a torture prison to do it, and in that environment, I'd agree that black is white, and up is down. Nobody can withstand torture.

However, you're not torturing me.
106   mostly reader   2022 May 15, 11:59am  

richwicks says
Well, show the quote.
I gave you the link, go and read. I'm not chewing your dog food. It's quite clear that your demands for quotes are a stalling technique.

richwicks says
you talk about nothing
This is not true. I point out holes in your disinformation campaign and I accurately classify your status in this world.

richwicks says
I have had to beg you for over a month for what forms your opinions.
Did anything change once you had it? Nope. That's why. I understand fully well who you are.

Hey, meant to ask you and forgot. How did you know which posts of mine marked as "personal" to ask Patrick to restore? There were like 10 of them, I understand that regular contributors can't see them. You asked specifically for what, 2? And your wish was very promptly granted. Just curious.
107   richwicks   2022 May 15, 12:00pm  

mostly reader says
richwicks says
Well, show the quote.
I gave you the link,


Well, if you did, you could quote it and demonstrate you're not lying.

But you are lying. Again.
108   mostly reader   2022 May 15, 12:10pm  

Your post:
richwicks says
Provide a quote and links. Show your dedicated post, quote it, provide links.


My response:
mostly reader says
Here you go, dear senile: https://patrick.net/post/1344073?start=9#comment-1826473


Link is there, go and read. It's right in your face. Yet you accuse me of lying by claiming that it's not there. Are you THAT dishonest or legally blind?

I see you ignored my question. Copy/pasting for your shopping convenience:
---
Hey, meant to ask you and forgot. How did you know which posts of mine marked as "personal" to ask Patrick to restore? There were like 10 of them, I understand that regular contributors can't see them. You asked specifically for what, 2? And your wish was very promptly granted. Just curious.
---
109   richwicks   2022 May 15, 12:16pm  

mostly reader says

My response:
mostly reader says
Here you go, dear senile: https://patrick.net/post/1344073?start=9#comment-1826473


Here's what that contains:

mostly reader says
This would be a 101 on how to detect one of the propaganda techniques.

Intro: most real-life situations have a large number of variables and moving parts. It's not always clear how they fit multi-dimentional world into a coherent picture based on incomplete and ambiguous data. Slight mis-interpretation of data points - a little bit to the right here, a little bit upwards there, skip this data point because it doesn't fit, stretch another one because it supports - and you get one pictures. Change the direction in which you move the points - and you get a different picture, which may also be consistent, yet be in conflict with the first one. That's what this technique does, it paints the picture by slight manipulation of data points. Lying by omission is quite popular with this approach.


In other words, just your bullshit - nothing I've said.

I don't care what YOU have to say. I consider you dishonest. I consider anything you write to be something to be disregarded at this point. You have no credibility with me. I don't consider you intellectually honest. I ignore all your opinions at this point.
110   mostly reader   2022 May 15, 12:22pm  

richwicks says
In other words, just your bullshit - nothing I've said.
No-no-no-no-no-no-no-no-no. This selective quoting that you are demonstrating right now is exactly an example of grey propaganda. I further dissect that lie you push about US overthrowing Ukraine. You conveniently omit that bit.

I see you yet again ignore my question. Here. Because "shopping convenience":
---
Hey, meant to ask you and forgot. How did you know which posts of mine marked as "personal" to ask Patrick to restore? There were like 10 of them, I understand that regular contributors can't see them. You asked specifically for what, 2? And your wish was very promptly granted. Just curious.
---
111   richwicks   2022 May 15, 12:25pm  

mostly reader says
richwicks says
In other words, just your bullshit - nothing I've said.
No-no-no-no-no-no-no-no-no. This selective quoting that you are demonstrating right now is exactly an example of grey propaganda.


Again, I just ignore you. I'll engage with you, but with a minimum of effort and by the way, that was YOUR quote. You wanted something else, you could have quoted it. You point to nonsense when asked to provide data. You do this every time. I'm just demonstrating it's nonsense.

If you disagree with me, explain why you disagree with me and explain your reasoning and the foundations of your thinking. I regard you has a cheap version of Rachael Maddow, demanding whatever bullshit that falls out of your mouth as being accepted as factual. I'm not going to do that.

No more insults, no more bullshit like I'm tonguing Putin's asshole, you tell me what you think but I don't care about what you think unless you tell me why. I don't think you make reasonable decisions and have logistics at this point, so I insist on your sources. I don't understand Ukrainian or Russian though. That might be a barrier.
112   FortWayneAsNancyPelosiHaircut   2022 May 15, 9:08pm  

RWSGFY says

FortWayneAsNancyPelosiHaircut says
not sure what this means, will this do anything for our gas prices? They haven't come down yet.


No connection whatsoever.


well fuck me then, $7 a gallon. Can't wait till I'm out of CA with their faggot tranny worshipping bullshit and high gas prices and fucking commie fucks everywhere and militant leftist blacks. fuck all of that.
113   RWSGFY   2022 May 15, 9:49pm  

FortWayneAsNancyPelosiHaircut says

RWSGFY says

FortWayneAsNancyPelosiHaircut says
not sure what this means, will this do anything for our gas prices? They haven't come down yet.


No connection whatsoever.


well fuck me then, $7 a gallon. Can't wait till I'm out of CA with their faggot tranny worshipping bullshit and high gas prices and fucking commie fucks everywhere and militant leftist blacks. fuck all of that.


Dude, you seem to be confused by the simple fact that the word "gas" is used to describe three completely different thing: natural gas, liquified propane and gasoline. Gasoline prices in CA and embargo on pedo Vlad's natural gas exports are not connected.
114   mostly reader   2022 May 15, 11:11pm  

> richwicks

You seem to have trouble keeping track of more than one issue at a time. So I for now will reduce this conversation to a single question. The one that you keep ignoring. Here it is (it's a copy/paste because I already asked several times without getting any response)

copy/paste
---
Hey, meant to ask you and forgot. How did you know which posts of mine marked as "personal" to ask Patrick to restore? There were like 10 of them, I understand that regular contributors can't see them. You asked specifically for what, 2? And your wish was very promptly granted. Just curious.
---
end of copy/paste
115   richwicks   2022 May 16, 6:12am  

mostly reader says
Hey, meant to ask you and forgot. How did you know which posts of mine marked as "personal"


Because I replied to them before they were marked.

But really it doesn't matter. You're simply not worth engaging with at this point. Sometimes I feel the need to show somebody's dishonesty lest they deceive other people, but given how you act, I really don't think there is any need.
116   mostly reader   2022 May 16, 7:35am  

Yeah, let's talk about exposing dishonesty

richwicks says
Because I replied to them before they were marked.

No, you didn't. https://patrick.net/post/1344825?start=27#comment-1837824 - this is my post which you asked to reveal. There are 7 more posts in that thread, none of them is your reply to me or to my posts. Hint: make your lies harder to verify.

It does matter. I can think of few explanations to this phenomena, and none of them are flattering to you. What's yours?
117   richwicks   2022 May 16, 7:36am  

mostly reader says
richwicks says
Because I replied to them before they were marked.

No, you didn't. https://patrick.net/post/1344825?start=27#comment-1837824 -


Well some of them. I don't recall.

I really don't care.

I just don't find you at all useful much less to bother with any more. You're a foul mouthed, illogical, insane lunatic to me. Who cares what you "think"?
118   WookieMan   2022 May 16, 7:48am  

I don't think this is going anywhere guys. Right or wrong, maybe just move on from the back and forth? This is going down the classic forum rabbit hole. Agree to disagree so to speak.
119   richwicks   2022 May 16, 8:05am  

WookieMan says

I don't think this is going anywhere guys. Right or wrong, maybe just move on from the back and forth? This is going down the classic forum rabbit hole. Agree to disagree so to speak.


I would agree, this is going nowhere. I will make the attempt to understand another person's point but that's only possible if they can explain their point of view.

My point of view is our media and government have lied about every single war since Iraq, and before of course. I don't see any reason to trust these fuckers for one. Second our media has omitted critical data about this conflict and they are using very obvious and blatant propaganda techniques. How many times have you heard "unprovoked attack on Ukraine?" - it's like "weapons of mass destruction", or "Qaddafi is about to cause a humanitarian crisis" or "Assad is gassing his own people". These are demonstrable lies.

My government lies because it has to lie. If Americans realized what was actually going on, they wouldn't support it. This is why they MUST be lied to in order to gain support, and every fucking time we're lied to, it leads to a catastrophe for this nation, 100's of thousands of deaths, and a few fucking assholes use the chaos to enrich themselves.

The US is sending 40 BILLION dollars to Ukraine - how much of that money is just going to come back to the US in terms of bribes, and payoffs? The US doesn't do aid, they are ripping off the country and then laundering the cash, then giving it back to themselves. This is clearly what Hunter Biden is doing.

And our media doesn't do fucking any work at all to find out what is going.

With this level of corruption, it's difficult to imagine the US is in the right. If Putin was doing this shit, they'd be be telling us.
120   mostly reader   2022 May 16, 8:59am  

richwicks says
I don't recall.
Of course, of course, dear "suddenly senile". FYI - this is what true online spanking looks like.

richwicks says
You're a foul mouthed...
Yet I wouldn't dare to even think of deep and dark places where your tongue is usually lodged.

Amen, my forgetful but ambitious friend.
121   richwicks   2022 May 16, 9:29am  

mostly reader says
richwicks says
I don't recall.
Of course, of course, dear "suddenly senile".


Here, let me reword this.

I don't care. It's a waste of my time to interact with you, and I don't think anybody wants to read any interaction between you and me.

You just want to argue, and I wanted information and I don't think you have any information.
122   komputodo   2022 May 16, 8:00pm  

RWSGFY says
Gazprom is circling the toilet.

GOOD CALL! Are they bankrupt yet?
123   Eric Holder   2022 May 25, 6:29pm  

komputodo says

RWSGFY says
Gazprom is circling the toilet.

GOOD CALL! Are they bankrupt yet?


Working on it:


Sempra Energy (the United States) has announced that it will sell about 2.25 million tons of liquefied natural gas per year (LNG) to the largest German electricity producer RWE AG, which is trying to abandon natural gas from the Russian Federation.

"RWE Supply & Trading and Sempra Infrastructure have signed a major liquefied natural gas supply agreement for RWE's European utility portfolio for the Port Arthur LNG project in Texas, U.S. The conditions provide for negotiations and the completion of the final 15-year contract for the supply and procurement of approximately 2.25 million tons of LNG per year," the company said.

The volumes will be delivered by RWE anywhere in the world - as an example to the planned LNG import capacity in Germany.

"As RWE we are thrilled to join forces with Sempra Infrastructure, one of the leading LNG infrastructure companies in the U.S. This partnership will help diversify the RWE and German gas supply portfolio and thus improve supply security in Europe on a long-term basis," said RWE Supply & Trading CEO.


“At first you go bankrupt slowly, then all at once.” -- Mark Twain
124   richwicks   2022 May 26, 1:59am  

Eric Holder says
Sempra Energy (the United States) has announced that it will sell about 2.25 million tons of liquefied natural gas per year (LNG) to the largest German electricity producer RWE AG, which is trying to abandon natural gas from the Russian Federation.


Jesus - energy is a fungible commodity. Why does nobody understand this?

It means that LNG from Russia is identical to LNG from Syria, Libya, or Canada.

All this results in is shifting markets. China and India will buy LNG from Russia at a lower cost, and Europe will pay a transportation fee and whatever additional amount the US exports want to rape them with.

People are so fucking stupid in this regard, and we've seen it before. What's going to happen is some smart entrepreneur criminal that has paid off the right assholes in government oversight will import Russian LNG. That's what happened in Iraqi, what's happened in Syria when ISIS was moving oil with a convoy to Turkey. All this is doing is creating a black market, something Russia is well acquainted with.

This is just like the fucking drug war, the government itself is the largest drug runner in the nation. "Drug lords" are just their competition. It just increases prices.

If Russian energy were driven to ZERO, and sanctions were 100% effective, and the energy was only available to Russia, Russia will experience a massive boom in their economy, because what really allows us to live is just energy. I kind of hope this happens. The cost of ALL consumer materials is directly proportional to the energy needed to produce the consumer material.
125   Eric Holder   2022 Jun 14, 1:35pm  


"Gazprom" to cut gas exports to Europe via NS-1 by 40%

Today, at an operational meeting at PJSC Gazprom, information on the operating mode of the Portovaya compressor station (CS) was considered.

Due to the untimely return of gas compressor units from repair by Siemens (Germany), the exhaustion of the overhaul life of the GCU and the identified technical malfunctions of the engines (an order from Rostekhnadzor on a temporary ban on activities was received), only three gas compressor units can currently be used at the Portovaya CS.

Gas supplies to the Nord Stream gas pipeline can currently be provided in the amount of up to 100 million cubic meters. m per day (with a planned volume of 167 million cubic meters per day).


https://t.me/gazprom/763

WTF? They have abundance of oil, don't they? Couldn't they replace these compressor units they can't produce themselves with oil? No? Why not? One cunt just said that oil replaces EVERYTHING!
126   Eric Holder   2022 Jun 14, 1:39pm  

richwicks says


Russia will experience a massive boom in their economy, because what really allows us to live is just energy.


LOL: Soviet Union had shitload of oil and gas but its economy was complete shit with shortages of pretty much everything - food, cars, electronics, clothes, housing, even fucking toilet paper ...

Then there is a beautiful example of BOOMING IRANIAN ECONOMY!!!!

Because worse comes to worse you can eat oil, drive oil, fly oil, wear oil, wipe your ass with oil, communicate with oil, watch movies on oil, yada-yada-yada.

So yeah, being closed and isolated is SOO GOOD FOR THE ECONOMY!!!!!! IT'S FUCKING BOOMING IN EVERY ISOLATED COUNTRY KNOWN TO MAN!!!! ESPECIALLY IN NORTH KOREA!!!!
127   RWSGFY   2022 Jun 30, 8:17am  

Gazprom cancels dividend first time since the Russia's economic meltdown of 1998.
129   richwicks   2022 Jun 30, 12:18pm  

Eric Holder says

LOL: Soviet Union had shitload of oil and gas but its economy was complete shit with shortages of pretty much everything - food, cars, electronics, clothes, housing, even fucking toilet paper ...


If Russia wasn't filled with stupid communists, it would have been fine - but it WAS filled with communists.

Too many people think Russia == USSR still. Russia is NOT the USSR.

Similarly too many people think modern day United States is the same as it was 40 years ago. It's not.

I don't know how people can have such false viewpoints of the world. Just image if China stopped exporting to the United States in 1980? Nobody would have even noticed it. Today, we'd be fucked.
130   RWSGFY   2022 Jul 5, 8:49am  

Another case of the death of a top manager associated with Gazprom. In the pool near St. Petersburg, they found the body of Yuri Voronov, the head of the company's contractor. He died from a gunshot to the head.

The body of 61-year-old Voronov was found on the territory of his site in the cottage village of Marine Terraces near the Gulf of Finland. The man was lying in the pool with a shot through his head, and law enforcement officers found a traumatic pistol nearby. To whom it belonged is not yet clear.

Yuri Voronov is the general director of the transport company Astra Shipping, which, among other things, worked on the Arctic contracts of Gazprom. According to the businessman's wife, he went to the Leningrad region on July 1, and before leaving he had a conflict with business partners due to the loss of money.

This is the fifth death in six months associated with the Russian gas industry. In winter, the body of Leonid Shulman, head of the Gazprom invest transport service, and then Alexander Tyulakov, who worked at Gazprom as deputy general director of the Unified Settlement Center, was found in the Leningrad Region. Interestingly, the corpses of both leaders were found in the same village near St. Petersburg - Leninsky.

In April, the bodies of Vladislav Avaev, a former vice president of Gazprombank, as well as his wife and daughter, were found in a Moscow apartment. A little later, in a similar way, the former Novatek top manager Sergei Protosenya, his wife and daughter were found dead in Spain.
131   Ceffer   2022 Jul 5, 9:10am  

Death of many Russian and Ukrainian oligarchs gangland style is strange, but not much info on it. A Ukrainian oligarch killed in London, two Russian oligarchs killed with families, claimed 'suicide'. I wonder if it is some kind of purge of Globalists by Russia, but nobody seems to have any theories on this.
132   Eric Holder   2022 Jul 5, 11:38am  

Ceffer says

A Ukrainian oligarch killed in London


Who?
134   RWSGFY   2022 Jul 5, 12:30pm  

Ceffer says

Eric Holder says



Who?

Hung in garage.
https://nypost.com/2022/03/03/ukrainian-oligarch-mikhail-watford-found-dead-in-uk-mansion/



Nice try, but one death of unrelated to Gazprom guy doesn't suddenly make the string of Gazprom-related deaths into something else. The fact remains: Gazprom-related guys are dropping like flies recently.
135   Eric Holder   2022 Jul 27, 2:00pm  

The largest Austrian gas storage operator RAG Austria AG has finally taken over the management of the country's largest gas storage facility "Haidach" in Salzburg, which was previously managed by the Russian company "Gazprom".

This is reported by Kroner Zeitung.

The Austrian government made the decision to take away the Heydach storage facility from Gazprom due to the lack of blue fuel. Austrian legislation allows the use of all storage facilities in the country in the event of a gas shortage, while the Russian company kept Haydach empty.

As the Minister of Climate Protection of Austria, Leonore Gewessler, reported on Tuesday, RAG Austria AG has already started booking gas storage capacity, and will start filling it from August 1.

"Filled gas storages are our insurance for the coming winter. Therefore, it is first of all important that all storages in Austria are full," she said.

The chairman of RAG Austria AG, Markus Mitteregger, agreed with the minister: "It is now clear how fundamental energy storage is for a secure energy supply throughout the year in Austria and Central Europe. Large volumes and seasonal storage in our underground storage facilities are an important element in ensuring this today and tomorrow." .

Back in May, he warned the Chancellor of Austria that the storage facility in Salzburg would be handed over to other suppliers if Gazprom did not fill it with gas.


(g-translated)
136   Misc   2022 Jul 27, 3:01pm  

Oh no, how is Gazprom going to make any money at all selling only 20% of what it did just a few months ago.

Ahhhhhhhhh, those nice Western nations already came up with the answer...simply don't let them buy anything with the money they give for the gas.

Prices could also triple putting them back to square one with the amount of currency they get from the Europeans.

The Russians have also lowered their interest rate below where it was before Feb. 24, but the Rouble is still up against the dollar, which is up vs pretty much every other currency. The Europeans raised their interest rate to zero percent, but the ECB is still buying bonds like crazy, so basically they are just printing the money with no plans to stop the printing.
137   Eric Holder   2022 Aug 16, 3:26pm  

From January 1 to August 15, 2022, Gazprom produced 274.8 billion cubic meters of gas, which is 13.2% or 41.7 billion cubic meters. m less than in the same period last year.

This was reported by the press service of the Russian company.

Gazprom clarifies that gas exports to far-off countries fell by 36.2% or 44.6 billion cubic meters during this period. m - up to 78.5 billion cubic meters. m.

During this period, the company's demand for gas from the gas transportation system in the domestic market of Russia decreased by 2.3% (by 3.6 billion cubic meters).
138   Eric Holder   2022 Aug 16, 3:27pm  

Misc says


Oh no, how is Gazprom going to make any money at all selling only 20% of what it did just a few months ago.


Yes, losing market share is a GOOD thing!!! Ask any business. The Big Three would be especially happy to chime in.
139   Misc   2022 Aug 16, 9:35pm  

Gazprom seems in better shape than the European energy companies.

https://www.bloomberg.com/news/articles/2022-07-18/europe-power-firms-debt-soars-to-1-7-trillion-on-energy-crisis

There is no hope of repaying this. They doubled their debt in 2 fucking years. This added an extra $850 billion in debt. Yes, this is after they have increased the cost for energy to where it is just not economical for a large swath of the populous. They are looking at an escalating amount of debt and even higher prices across the continent including the UK.

Only 27 UK energy companies have gone bust so far this year

https://www.theguardian.com/business/2022/jan/18/bristol-energy-owner-is-latest-uk-supplier-to-go-bust
140   richwicks   2022 Aug 16, 9:44pm  

Eric Holder says

Misc says



Oh no, how is Gazprom going to make any money at all selling only 20% of what it did just a few months ago.


Yes, losing market share is a GOOD thing!!! Ask any business. The Big Three would be especially happy to chime in.


If you owned a commodity production company, would you rather

1) sell X units of product at the price of Y per unit
2) sell 0.5X units of product at the price of 2Y per unit?

https://markets.businessinsider.com/commodities/natural-gas-price?op=1

There will be energy interruptions in Europe in 5 months, provided this stupid war isn't resolved by then.

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