benardtotti:


This is long term and can't save them short term , if it was a short term solution they would have boycotted Russian gas when they began giving out sanctions, oil and gas industry is not an immediate venture that can be done within 24 hours between 2 countries so for now Germany and Co need to humble themselves and negotiate with Putin .
If Putin was actually wicked all he needs to do is turn of gas supply to Europe for just 24 hours I can assure you Europe will boil over with protests and death.

mployer:
He is not the sole supplier of gas.

Elsueno:


But what products of the West are u talking about? .....what exactly those the U.S produce that Russia can't survive without...The main reason d dollar stands as currency is because everybody uses it for trade....Now if a few countries use d rubbles & Yaun doesn't & others accept it for trade( not talking about US & it's vassals)..That would obviously diminish d value of $,
Again, d main reason why everybody uses $$ is due to trust, How many countries have the US & vassals have frozen thier money due to their so called "sanctions"....The thing is, US should have never tampered with d SWIFT thing..it sends d wrong message...Let d dollar have competition whether Rubble/Yaun & our own African currency( I know dis one is impossible, but u I can dream right )

gambojimeta:

I don't care. You live in Belarus while claiming UK.

If you hate the West so much, yet you claim to live there, why don't you move to Russia or better still China ? Hypocrisy much?

Good riddance

gambojimeta:

I don't care. You live in Belarus while claiming UK.

If you hate the West so much, yet you claim to live there, why don't you move to Russia or better still China ? Hypocrisy much?

Good riddance

Hezzyluv:
Walaii.... This man no just get sence. Prior to his invasion on Ukraine, a lot of people don't even know the unit of Russian currency.

Swallow your pride and allow peaceful negotiable approach to this your madness Because, as it stands you have put your country into retrogression economically

Enugurangers:

He can't. If he indeed lives in UK (A western country) as he claimed, why is he still living there. UK wouldn't miss him if he decides to relocate to Russia.

Lots of them on here are hypocrites. He is probably using a Microsoft Windows at work and typing from a Google Android phone too.

3idiots:


The way some of you come here to analyze what you don't know with so much confidence surprises me!

I don't want to go into all the stuff you wrote, I don't have time for that. But your common sense should have told you that if Russia needed Dollars, they would ask to be paid in dollars not rubbles.

Imagine the level of misinformation you're feeding the public, who told you all that stuff you wrote there!

SocialJustice:
How? You guys just type the first thing that comes to your mind.

USA will gladly replace Russian gas with their shale gas. Don't even argue with me, Google ships currently heading for Europe with gas from USA to see what's happening. There will only be temporary shortage in Europe before USA meets the demand. This is Russia committing suicide.

Then there's the bigger picture of the world being absolutely tired of fossil fuels and how it causes wars and affects countries that are not even fighting. Everybody is moving away from fossil fuel.

Hezzyluv:
Walaii.... This man no just get sence. Prior to his invasion on Ukraine, a lot of people don't even know the unit of Russian currency.

Swallow your pride and allow peaceful negotiable approach to this your madness Because, as it stands you have put your country into retrogression economically

989900:
Putin grasping at straws . . . I wouldn't have thought Putin was this dumb some few months ago!

Abuse of anything: from power to pleasures, can easily seal a man's downfall.

He is getting desperate and making counter-productive and irrational decisions.

Elsueno:


But what products of the West are u talking about? .....what exactly those the U.S produce that Russia can't survive without...The main reason d dollar stands as currency is because everybody uses it for trade....Now if a few countries use d rubbles & Yaun doesn't & others accept it for trade( not talking about US & it's vassals)..That would obviously diminish d value of $,
Again, d main reason why everybody uses $$ is due to trust, How many countries have the US & vassals have frozen thier money due to their so called "sanctions"....The thing is, US should have never tampered with d SWIFT thing..it sends d wrong message...Let d dollar have competition whether Rubble/Yaun & our own African currency( I know dis one is impossible, but u I can dream right )

ivolt:
Some smart bloke is messing with Putin's head.

If Russia will only accept Rubble, that means the buyers must get Rubles somehow.
Since buyers can't print their own Ruble, they have to buy it and guess with what currency?
Euro or Dollar of course and we are back to square one.

While this move will prop up the value of Ruble a bit, it won't save Russia's economy in the long run
should the invasion continue.

naijapower:
The change will affect energy exports to "unfriendly countries"


https://www.rt.com/business/552546-putin-wants-rubles-russian-gas/

frowland:


I am referring to the same UK you stayed for 8 years!
Who cares if you give up??

Enugurangers:

He can't. If he indeed lives in UK (A western country) as he claimed, why is he still living there. UK wouldn't miss him if he decides to relocate to Russia.

Lots of them on here are hypocrites. He is probably using a Microsoft Windows at work and typing from a Google Android phone too.

gambojimeta:

I don't care. You live in Belarus while claiming UK.

If you hate the West so much, yet you claim to live there, why don't you move to Russia or better still China ? Hypocrisy much?

Good riddance

SocialJustice:
Make your point or keep quiet abeg, I done tire for stupid mentions. 20 people will mention you, 15 are disguised fools, 4 are open fools, only 1 will make a valid point. Sifting through garbage is tiring. You people make using this place a chore.

Gertyman:


Awesome, but let's do positive and negative mathematics here. I believe West will buy a certain percentage of Gas from Russia, and also pay Russia that same percentage of Rubble they hold in reserve. But what if Russia wants to buy a certain percentage of other items, which we definitely expect to be more than the total amount of Rubble the West pays them. then it will take years to accumulate the Rubbles required to pay the West to buy Planes, Pharmaceutical Products, software, Agricultural products, machine equipment, etc. That's why it won't work. Once a country's economy depends on one or two exported items, for example, Nigeria, it's a failure already. Countries with lots of innovations and varieties of items to export to the world markets are the ones balling.

Hezzyluv:
Walaii.... This man no just get sence. Prior to his invasion on Ukraine, a lot of people don't even know the unit of Russian currency.

Swallow your pride and allow peaceful negotiable approach to this your madness Because, as it stands you have put your country into retrogression economically

Hezzyluv:
Walaii.... This man no just get sence. Prior to his invasion on Ukraine, a lot of people don't even know the unit of Russian currency.

Swallow your pride and allow peaceful negotiable approach to this your madness Because, as it stands you have put your country into retrogression economically

chopnaira:






You both are wasting your time on that scammer called frowland claiming to live in the UK when he lives in ipaja /Gowon estate. Gowon estate is almost a slum. Nairaland na cruise walahi. ..

He is a car dealer sales middle man selling American Cars online and offline.

Baba lives in ipaja/Gowon estate dey claim UK.

tolue42:


QATARRRRRRRRRRRRRRRRRRRRRR!

ivolt:
Some smart bloke is messing with Putin's head.

If Russia will only accept Rubble, that means the buyers must get Rubles somehow.
Since buyers can't print their own Ruble, they have to buy it and guess with what currency?
Euro or Dollar of course and we are back to square one.

While this move will prop up the value of Ruble a bit, it won't save Russia's economy in the long run
should the invasion continue.

frowland:

That is my house? Is it blocking your way?
Why not go there and ask them if I am home? Another olodo!
House 19, road 8. Peace estate. Use google map. Then go their and ask the neighbors where I am.

ariesbull:
black man no get sense shaaaa


This will make rubble so valuable

naijapower:
This strategy will cause the Ruble to appreciate and ensure stability of the russia economy. As Germany, and other EU nations will have to source for Ruble to pay for gas.

Trading in Ruble has always been the desire of Putin and russia.

The reason why the US attack Iraq, Libya, Syrie etc was because they wanted to abandon the use of dollar for trade.

mployer:
He is not the sole supplier of gas.

rajiedreez:

Looooooollllllzzzzzzz, even Iran has more natural gas reserve that Qatar that has 12.5% compared to Russia 24%. Has you even thought of transportation cost. There's pipeline already laid from Russia to other other countries with little or no risk of transportation compared to shipping with vessels from Qatar to EU.

Oga sir Putin's got them by the balls

chopnaira:


Story don change.

Gowon estate below yet you claim someone in the UK lives in a slum

And acting like you know about UK more than someone that lives there for 7 or is it 8 years

Abeg, take your L in peace.

BloomingDale:


That is why they are going into alliance with China and other countries. No country wants the dollar to be used as a weapon against them. Africans should please unite, use one currency, trade amongst ourselves and try to be independent of other countries since we have the all the raw materials needed.

tolue42:


So you know more than the Germany government with this quote

"Germany hopes to lock down a long-term LNG import deal with LNG powerhouse Qatar as Berlin looks to eliminate the need for Russian gas."

How does this picture below translate to 3%?