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Russian invasion of Ukraine


Sonam

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Some Russians think they can build the infrastructure to divert the 130 billion cubic metres of gas it supplied to Europe last year (out of 200 bcm exports total) to new customers in 3-5 years, others think it will take 10 years minimum. I wonder what price cap China and India will put on it once they're near monopoly buyers?

https://iz.ru/1394809/valerii-voronov/srok-gordosti-rf-mozhet-perenapravit-postavki-gaza-iz-es-za-tri-goda

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1 hour ago, welshbairn said:

Some Russians think they can build the infrastructure to divert the 130 billion cubic metres of gas it supplied to Europe last year (out of 200 bcm exports total) to new customers in 3-5 years, others think it will take 10 years minimum. I wonder what price cap China and India will put on it once they're near monopoly buyers?

https://iz.ru/1394809/valerii-voronov/srok-gordosti-rf-mozhet-perenapravit-postavki-gaza-iz-es-za-tri-goda

Why would China and India be as to apply a price cap when replacing Europe as buyers when Europe themselves couldn't (whilst also being monopoly buyers)?

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3 minutes ago, strichener said:

Why would China and India be as to apply a price cap when replacing Europe as buyers when Europe themselves couldn't (whilst also being monopoly buyers)?

They could carry on using their current suppliers unless Russia offers a discount. European countries don't have that luxury as yet.

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A gas pipeline from Russia to India would be tricky to do given the geography (Himalayas) and geopolitics (Afghanistan and Pakistan otherwise) involved. With China the big question mark would be how quickly green hydrogen takes off over the next decade to store energy from renewables and balance production with demand. Once that's fully up and running, and it's on the brink of starting to ramp up, you no longer need natural gas to back up wind turbines and solar panels.

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Russian media claiming Ukrainian missiles knocked out the electricity supply in Valuiki, about 20 km inside Russia, one person killed.

https://iz-ru.translate.goog/1396162/2022-09-16/glava-belgorodskoi-oblasti-soobshchil-o-pogibshem-pri-obstrele-vsu?_x_tr_sl=ru&_x_tr_tl=en&_x_tr_hl=en&_x_tr_pto=sc 

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1 minute ago, welshbairn said:

Russian media claiming Ukrainian missiles knocked out the electricity supply in Valuiki, about 20 km inside Russia, one person killed.

https://iz-ru.translate.goog/1396162/2022-09-16/glava-belgorodskoi-oblasti-soobshchil-o-pogibshem-pri-obstrele-vsu?_x_tr_sl=ru&_x_tr_tl=en&_x_tr_hl=en&_x_tr_pto=sc 

Liz Truss says she hopes it isn't her friend Oleg Arch.

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