"There is danger from all men. The only maxim of a free government ought to be to trust no man living with
power to endanger the public liberty." - - - - John Adams

Friday, August 4, 2017

Are oil companies pushing anti-Russia sanctions?

Is Big Oil Dictating Our Anti-Russia Rantings?

---- Follow the money for the answers to why things really happen in the world.  

---- The anti-Russia BS is perhaps nothing more than Big Oil trying to drive Russia out of markets they want for themselves.

(RT News)  -  The latest US sanctions targeting Russia's oil and gas sector will cause Gazprom some headaches in building the new gas pipeline to Germany, experts say. However, US restrictions are unlikely to stop the project.

"The price of any project automatically increases," Tatiana Mitrova, director of the Skolkovo Energy Center told Reuters.
"Gazprom's relationships with partners, subcontractors, and equipment and service providers are very complicated. They will all ask for a risk premium," she added.
"This, however, does not mean that Nord Stream-2 won't be built," said Katja Yafimova of the Oxford Energy Institute.
However, while Gazprom’s major partners in the projects - ENGIE, OMV, Shell, Uniper, and Wintershall – are likely to accept the risks, smaller contractors will be more cautious.
"Not all partners can afford to see things through with Gazprom," said Valery Nesterov, an analyst at Moscow-based Sberbank CIB.
It is still unclear whether the US President will enforce the restrictive measures. While Trump signed off on the new sanctions on Monday, he did so reluctantly, calling them "significantly flawed."
"Unless Trump takes a really sharp turn, it is highly unlikely that companies that are supplying pipeline goods are going to be punished in the next year or so,” Richard Nephew, a former US deputy chief of sanctions told Reuters.
At the same time, Gazprom’s long-term projects can be affected.
"A lot of companies are now thinking: 'I've got maybe 12, maybe 18 months in which I can do some stuff but after that maybe I won't',” he added.
The Nord Stream-2 pipeline plans to double the delivery capacity of Russian natural gas to Germany from the current 55 billion cubic meters of gas per year.

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Follow the Money
Oil and gas are a huge money maker for Russia.
Call me a Crazy Blogger, which I am, but if U.S. sanctions force the end of Russian oil or gas exports to Western Europe take a guess what nation's oil companies might gain financially?  The United States.
I suspect the BS propaganda "fear" of an "Evil" Russia has a lot more to do with cold, hard cash than anything else.

1 comment:

Anonymous said...

no way
only the foreign ones that own germany energy supply ...
reagan told you so
so you do not heard it
but shroeder german late chancellor , gazprom bought off know it very well