bluestevon
Player Valuation: £80m
No offense like mate, but anyone who thinks this is the first step in a new USSR formation hasn't really got a clue about Russia
Riots in Ukraine
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No offense like mate, but anyone who thinks this is the first step in a new USSR formation hasn't really got a clue about Russia
bluestevon
Player Valuation: £80m
Sorry mate only just realised you asked this, will have a think and try get you a few suggestions on the better books on the subject
The Mighty Quint
Player Valuation: £40m
Europe will end up buying their gas elsewhere, they can completely cut off the supply from Russia within a year, if that happens it is going to hurt bigtime, Putin is a loose cannon, and needs to be brought to account, he's putting his country at risk of being isolated through his own inflated ego, the chickens will come home to roost sure enough, Crimea is not worth the isolation and financial hardship the rest of the world can impose on Russia.
bluestevon
Player Valuation: £80m
Europe deciding to get its gas/oil elsewhere mate would hurt Russia how?, do you not realise that talks are already well under way for a Russia-China energy trade agreement, one that would cause havoc inside Europe if they decided to switch their supply directly to china from the EU? Also where exactly do you see this new supply coming from for natural gas to Europe exactly?
As for Hardship, if you think for a second that a tightening of the belts constitute hardship for the Russian people you honestly have no idea about them as a nation or as individuals mate.
Russia won't ever be isolated mate, thinking so is purely buying into Obama and Camerons line in spiel, Its closely and ideologically a much closer ally to China than the west could ever be, and those ties will only get stronger the more the west pushes and blusters
bluestevon
Player Valuation: £80m
If you need details on exactly how long it takes to build and the vast costs it takes to build LNG (liquefied natural gas) export terminals i will be glad to supply you with the figures mate
He's talking about transnistra wanting what crimeas getting, presumably.
bluestevon
Player Valuation: £80m
Maybe he was mate, in which case he needs to brush up on his knowledge of the region, Transnistria has no borders with Russia so any action is highly unlikely, and most people probably don't know Russia has had several thousand troops stationed their since 1992, the US/EU and Ukranians have been performing a de facto economic blockade on the territory the past ten years anyways so hardly blameless in the rising tensions. But unless something escalates in the region, the likelihood of Russia acting is minimal
The Mighty Quint
Player Valuation: £40m
It was said on the bbc and sky today from experts that Europe could cut off Russia for gas supplies in a year, and that it would really hurt Russia where it matters, Europes consumption must far outway any demand from China, 3/4 of China won't have domestic gas you can bet.
If you need details on exactly how long it takes to build and the vast costs it takes to build LNG (liquefied natural gas) export terminals i will be glad to supply you with the figures mate
bluestevon
Player Valuation: £80m
China saw its aggregate volume of natural gas imported from overseas jump 25 percent year on year in 2013, approaching one-third of its apparent consumption, a new report has showed.
The country imported 53 billion cubic meters of natural gas last year, 31.6 percent of its domestic gas output plus imported volume, according to a report released by an economic and technological academy under China National Petroleum Corporation, the country's state-owned oil giant.
In 2013, local authorities more strongly promoted the use of natural gas to reduce dependency on coal, prompted by the needs for environmental protection and economic advances.
The drive contributed to the country's surging imports of natural gas, noted the report.
Despite the increased imports, it said, "there would have been a supply-demand gap of 22 billion cubic meters in 2013 in the case that all the needs for natural gas were satisfied."
China's natural gas consumption increased 13.9 percent year on year in 2013. The total consumption accounted for 5.9 percent of consumed primary energy resources, up from 5.4 percent in 2012, making China the world's third-largest gas user.
The report estimated that China's total domestic gas production and imported volume increased 11 percent year on year to 186 billion cubic meters in 2014, and put the estimated proportion taken up by natural gas in primary energy consumption at 6.3 percent.
The figure indicated a more tightened balance between supply and demand and increasing seasonal scarcity of natural gas in the year.
The Chinese central government initiated a nationwide reform of the natural gas pricing mechanism in July, 2013, hoping to bring it gradually into line with the market situation.
taken from a article on the globaltimes.cn site mate showing chinas main aim on replacing its current coal consumption with natural gas, a process atm limited by the amount available to supply it - something which would be rectified by a trade agreement with Russia
A lot of the European experts are seeing a blinkered view without considering the wider picture, Russia very rarely embarks on a action without a contingency already set up
Fair points on each side, but gas supply and gas demand are relatively inelastic. If China buys gas from Russia, it buys less from OPEC nations, which sell it to Europe instead. The real problems are delivery bottlenecks; if distribution is shut down then no gas is delivered. But I'm not sure these gas-exporting nations really want to sit on it all. Russia can flex its muscles against Ukraine, but stopping all sales to Europe would hurt itself. And @bluestevon is quite right that changing distribution networks takes significant time. The US Gulf Coast will be ready to ship LNG soon... but it takes several years to build export facilities.
On Russia's plans for the future... @bluestevon has much more optimism on Putin's plans than I have. My views fit well with The Economist's recent cartoon:
On Russia's plans for the future... @bluestevon has much more optimism on Putin's plans than I have. My views fit well with The Economist's recent cartoon:
Billy Dean
Player Valuation: £70m
cheers mate
Fair point like, but could you explain a bit more?
Fuleco
Player Valuation: £35m
Why Ukraine matters:
http://www.businessweek.com/article...-why-ukraine-matters-to-so-many-other-nations
http://www.businessweek.com/article...-why-ukraine-matters-to-so-many-other-nations
bluestevon
Player Valuation: £80m
Russia isn't expansionist mate, but what it will do is respond to perceived threats, countries like the Ukraine form a wanted buffer for Russia between the Russian homeland and NATO countries and until NATO/USA start interfering and effectively poking the bear so to speak then nothing will or would have happened, economically going back into old soviet block countries makes no sense, take for example the Ukraine - it has little in the way of natural resources, is saddled with debt and its energy has been massively subsidised by Russia for the past 25 years, economically, politically and militarily it makes no sense to 'take it back'
Take the Crimea as a case in this, the Crimea is Russia's black fleet port, without access to it their screwed as it is a vital area for them to have access to, the area was until the 50's actually part of Russia not Ukraine until given away by Khrushchev - who was very pro Ukrainian having been raised their (many reports have him as being Ukrainian although that's questionable), the people to the large extent are ethnically Russian, they speak Russian, they have family in Russia, many of their parents or grandparents were born n Crimea when it was Russia.
If the EU/USA/IMF/NATO, would not have started to interfere in the Ukraine this entire situation would not have occurred, the biggest provocation was the knowledge that after the Ukraine overthrow the inclusion into NATO was just a matter of time.
Basically imagine Americas reaction to soviet arms and missiles being allowed to be parked right on their doorstep, sure as [Poor language removed] it would not be to meekly accept this, a case in point being the Cuban Missile Crisis.
Did that mean that after the USA got what they wanted that they then proceeded to invade Cuba, well no, because it had the desired result. What Russia is doing right now, is to draw the line in the sand, preventing any further NATO inclusion of former soviet countries, which frankly is perfectly understandable, NATO was set up effectively to guard or wage war upon Russia, theirs an obvious contradiction in whilst America and the EU refer to Russia until recent events as a 'partner' they at the same time are pushing military forces onto the borders of Russia, into former soviet countries, all the whilst acting surprised that Russia is becoming more alarmed at this encroachment.
Why is their a need to push more Military strength towards a supposed economic partner, some might say 'but look at Georgia', or 'Look at Crimea' as reasons why this is needed and good strategy, without actually realising that's its an absurd statement and illogical, its like pushing someone and when they push back, you turning around and saying 'well that's why we pushed them - we knew they wanted to push us all along'
Without NATO/USA encroachment and frankly manipulation of those countries then the Russian reaction never would have occurred.
bluestevon
Player Valuation: £80m
Interesting article mate, IF the IMF is allowed to have its way in the Ukraine i feel sorry for the people of their tbh, it will be a utter disaster for them
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