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EU: Energy collapse is imminent, food issues to follow
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  • Vitaliy_KiselevVitaliy_Kiselev

    @AndrewReid_EOSHD

    We will source fertilisers and gas from other countries. Any suggestions which?

    No, main fertilizers are made from gas. And EU won't have option to make them until they want to totally destroy all other stuff.

  • AndrewReid_EOSHDAndrewReid_EOSHD

    As I said, a big hit.

    It's all very well for the US to tell Germany to cancel Nord Stream 2. It doesn't have any consequences for Biden's country.

    Germany took the decision anyway, because regardless of Scholz yes or no, Putin is going to switch off the taps regardless.

    We will source fertilisers and gas from other countries. Any suggestions which?

    And like I always said - there are no winners in war.

  • Vitaliy_KiselevVitaliy_Kiselev

    @AndrewReid_EOSHD

    We are willing to take the hit to fight Putin and support the Ukraine, our neighbours.

    Actually you are told by propaganda that you are willing, but in your life you never had any "great hit" that people who lived in exUSSR had.

    I expect Germany will restart their Nuclear plants and buy more gas from Norway.

    I want to note that first battle already happened over Kazahstan, that is major supplier for nuclear power plants fuel. So, no, this plan is gone.

    Norway can't supply more gas, read heir statements. Germany since September already pushed all they could hurting Norway economy even.

    But the prices will increase enormously for certain.

    You life will be miserable, without cheap food, without 80% of your fertilizers and without heating.

  • AndrewReid_EOSHDAndrewReid_EOSHD

    Of course it will take a big hit.

    We are willing to take the hit to fight Putin and support the Ukraine, our neighbours.

    (Of course it suits the renewable industry's interests as well)

    I expect Germany will restart their Nuclear plants and buy more gas from Norway.

    But the prices will increase enormously for certain.

  • Vitaliy_KiselevVitaliy_Kiselev

    Germany is preparing a bill providing for a ban on the purchase of Russian energy resources. This was confirmed by Vice-Chancellor, German Economy Minister Haback. And we are talking not only about Russian gas, but also about coal.

    This war will be used as pretext of destroying real Germany economy, as it won't survive living on renewable unstable shit.

  • Vitaliy_KiselevVitaliy_Kiselev

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    Moist fun thing is that this chart is total lie, as lot of countries silently resell Mordor gas and declare it as of other origin :-)

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  • Vitaliy_KiselevVitaliy_Kiselev

    According to Małgorzata Starczewska-Krzysztofoszek, lecturer at the Faculty of Economic Sciences at the University of Warsaw, energy raw materials are particularly at risk, not only because of rising prices, but also because of the possibility of supply restrictions. 75% of all Polish coal imports come from Russia, as does 55% of gas imports, not to mention the gas imported from Germany, which is also entirely Russian. Also, 65% of oil imports come from Russia.

    And still they want to hang themselfs.

  • Vitaliy_KiselevVitaliy_Kiselev

    Exchange prices for gas in Europe during trading on Thursday, February 24, soared above $1,500 per 1,000 cubic meters. The price of March futures at the TTF hub in the Netherlands increased by 46% to €129.69 per MWh, or $1,520 per 1,000 cubic meters. m (based on the current exchange rate of the euro against the dollar), according to the trading data of the ICE exchange. Gas was last traded at these levels in December 2021.

  • Vitaliy_KiselevVitaliy_Kiselev

    In Munich, the Stadtwerke München municipal utility has announced it is going to raise the price of electricity by 81%, the blog reported, citing multiple German news outlets.

  • Vitaliy_KiselevVitaliy_Kiselev

    Germany will have to buy gas and coal in other countries, the decision to abandon Russian energy resources was announced by the head of the German Ministry of Economy, Robert Habek.

    “We will have to buy gas, as well as coal in other countries in a larger volume, because we cannot depend so much on a country that no longer respects international law,” he said. Khabek also added that the launch of the Nord Stream 2 gas pipeline is not possible in the short and medium term.

    Exchange gas prices in Europe soared by more than 40 percent during trading on February 24. Fuel has risen in price to a maximum since December 2021, for $ 1,400 per thousand cubic meters. This happened after the statement of Russian President Vladimir Putin about the start of a special military operation in the Donbass.

    Earlier, Khabek said that the security of energy supply was ensured, despite the decision on Nord Stream 2, the certification of which was suspended.

    “We need about 90 billion cubic meters of gas per year. The capacity of German gas storage facilities is 23 billion cubic meters of gas in case of full filling. There is a potential for LNG to guarantee supplies in winter,” the minister summed up.

    I already told that EU elites are stupid as hell.

  • hardimpacthardimpact

    German Chancellor Olaf Scholz is bluffing. his economy would crumble. and besides, Russia already made their play with the two separatists "states". Once again, he's two steps behind.

  • Vitaliy_KiselevVitaliy_Kiselev

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  • Vitaliy_KiselevVitaliy_Kiselev

    German Chancellor Olaf Scholz has issued an order to halt the process of certifying the Nord Stream 2 gas pipeline. Well. Welcome to the brave new world where Europeans are very soon going to pay €2.000 for 1.000 cubic meters of natural gas!

    D. Medvedev

  • Vitaliy_KiselevVitaliy_Kiselev

    @hardimpact

    Issue is that EU management quality is horrible.

    They already have 30-40% of fertilizers factories in total stop mode.

    But instead of fast and real restoration they started talking about organic products and similar shit.

  • hardimpacthardimpact

    I read somewhere that they cancelled the gas pipeline with Israel for "reasons". The rumor is that is what this whole debacle was about. Russia won the gas pipeline war. They are all idiots.

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