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zjeee
TLDR News EU
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Comments by "zjeee" (@zjeee) on "Putin Cuts off Europe's Gas: The Closure of Nordstream 1 - TLDR News" video.
It's just a regular scheduled maintenance it will be up again. The Russians don't have anywhere else to sell that amount of gas. The pipelines to Asia can only send about 20% of what Europe receives so unless Putin wants to say goodbye to 80% of the revenue he still needs the EU to buy the gas for now.
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@theonly6359 Power of Siberia can supply 38 billion CM3 to Asia. Russia supplies Europe with almost 200 Billion CM3 with all the pipelines... add to that that they sell the gas at a discount to Asia this is a massive loss to Russia. Once they get more pipelines up sure they will be fine but for now they will lose too much money cutting EU off completely and I am pretty sure that this is just a temporary maintenance.
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@dax354able and how will they get the gas there? The pipelines they have to Asia have about 20% of the capacity of their European pipelines.
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@Stjepko15 The pipelines to Asia's max capacity is 38 billion CM3, Russia sends 200 billion CM3 to Europe. They can't replace Europe with Asia, they don't have the pipeline infrastructure to do so.
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@birdyflying4240 The pipelines to Asia can support a capacity of 38 Billion CM3, Europe buys 200 billion CM3. Yeah the EU will suffer but Russia will lose out on selling 80% of their gas too. LNG by ship is expensive and you cannot transport a huge quantity that way. Even if you could send 200 Billion CM3 to Asia China only uses 16.5 Billion CM3 of gas so who's going to buy the remaining 180ish?
3
@coconutshrimp707 You need pipelines to send gas you cannot just change your trading partners without first building pipelines to your new customers. Russia has the capability to send 38 billion CM3 to Asia at a discount while they right now sell about 200 Billion CM3 to Europe at premium high prices.
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Europe will be fine not so sure about the third world, you can already see the effects of the increased prices, just take a look at Sri Lanka.
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Yeah as a European I think that this was going to happen sooner or later, time to open up more nuclear power plants and burn coal!
2
@bbbbbbears6999 Europe has natural gas reserves it's just that producing it is not environmental friendly and has it's downsides so they have been fine letting Russia do the dirty work. I guess now is the time for countries sitting on huge natural gas reserves to increase production. Netherlands for example has a shit ton of natural gas that they know about but didn't touch yet as there has not been a demand for it.
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@prolink9590 Europe will finally throw the green agenda in the trash and open up their nuclear power plants and start burning all the vast coal from the coal mines scattered all over Europe that the greenies shut down.
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Green energy has no future with current technology it's time to face the hard reality, the most reliable energy will come from nuclear power and Germany has already started building those. Also if shit hits the fan Europe is loaded with Coal and while not very good for the environment it's better than freezing to death. There are alternatives they are just not very clean but right now the green agenda can sit on the side until the energy crisis is over.
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Not really, they will open up nuclear plants and burn coal.
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And what other means of energy would that be? Wind and Solar? Sorry but with today's technology there are no viable energy options. Wind and solar doesn't come close to fossil fuel and nuclear power.
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