Gas distributors in Germany, Austria, Hungary and Slovakia reportedly plan to open ruble accounts


Some of Europe’s largest energy firms are planning to use a new payment system for Russian gas supplies demanded by the Kremlin, the Financial Times reported on Thursday.

Sources told the newspaper that gas distributors in Germany, Austria, Hungary and Slovakia aim to open ruble accounts at Gazprombank in Switzerland. They said that negotiations between European buyers and Russian gas supplier Gazprom have intensified as payment deadlines approach.

Under the new mechanism, European companies would continue to pay Gazprombank for their imports in euro in order not to breach the sanctions regime. The Russian bank, which is not under EU sanctions, would then, at their request, convert euro-denominated deposits into rubles in a second account opened in their name, for onward payment to the Russian gas provider.

“We consider that the amendment of the payment process complies with the sanctions law and so the payments are possible,” said chief financial officer of Germany’s Uniper Tiina Tuomela.


Austria’s OMV also announced it had analyzed the Gazprom request on payment methods in light of the EU sanctions and was working on a solution. According to Bloomberg, on Wednesday the Austrian firm denied that it plans to open an account in Switzerland to pay for Russian gas supply. Austria’s Chancellor Karl Nehammer earlier described as fake news the reports about the nation’s shift to payment for gas in rubles.

FT’s sources said that Gazprom’s other large customer, Italy’s Eni, is evaluating its options. The company has until the end of May, when its next payment for Russian supplies is due.

Last month, Russian President Vladimir Putin demanded that ‘unfriendly’ countries pay for Russian gas in rubles. He has also warned that failure to comply with the currency switch would mean that affected countries risked losing Russian gas supplies.

On Wednesday, Gazprom said it had completely halted gas flows to Bulgaria and Poland after the two countries failed to pay for April supplies in the Russian currency.


https://www rt com/business/554669-eu-comply-russia-payment-terms/

He who laughs last, laughs LOUDER

Z Z Z

Those goats will bend to Putin f$%king WILL!

small small SENSE go enter their brain!!!

mattfeuter:
Z Z Z

Those goats will bend to Putin f$%king WILL!

Like only Russia has gas!


Hello LNG is available around the world. Nigeria has been flaring it wastefully for over 3 decades.


A closed door with such commodity will only open doors to other Nations.

Only a nation like Democratic Republic of Congo can bring the world to its feet. Russia is a toy!

Yeye people wey carry pistol nozzle close one eye begin use the other one dey check inside the nozzle while their thumb dey the trigger.

Una get luck say na spring and summer dey come up...una citizens for don do their version of #Endsars...

Russians won't understand what Putin means to their country and pride yet until after he is gone.

They'd forever be grateful they had a leader like him.

CoronaVirusPro:



Like only Russia has gas!


Hello LNG is available around the world. Nigeria has been flaring it wastefully for over 3 decades.


A closed door with such commodity will only open doors to other Nations.

Only a nation like Democratic Republic of Congo can bring the world to its feet. Russia is a toy!

See them chest beaters...,.... stop living in illusions and face reality....
Bringing naijiria and congo in a sensitive matter of this magnitude is like expecting dog to grow horns.......

Naijanascam:









See them chest beaters...,.... stop living in illusions and face reality....
Bringing naijiria and congo in a sensitive matter of this magnitude is like expecting dog to grow horns.......

Nigeria has the capacity to export energy to Europe, and even Germany has started considering Africa. Its LNG... Its everywhere. Canada and Venezuela also have the capacity.

Are we not currently exporting LNG? So what makes it difficult to extend our reach to Germany?

CoronaVirusPro:



Nigeria has the capacity to export energy to Europe, and even Germany has started considering Africa. Its LNG... Its everywhere. Canada and Venezuela also have the capacity.

Are we not currently exporting LNG? So what makes it difficult to extend our reach to Germany?

you get pipeline from here to Germany?

redcliff:


you get pipeline from here to Germany?

Hello! Nigeria imports energy serving over 300 million people via cargo tankers. Floating LNG ships are available to make delivery pending when pipelines will be routed.

20 years ago, their was no fiber optic connecting Nigeria to Europe, today we have it.



So LNG ships have the capacity to get energy to anywhere in the world. Its all about effective logistics and continuous improvement.

CoronaVirusPro:



Like only Russia has gas!


Hello LNG is available around the world. Nigeria has been flaring it wastefully for over 3 decades.


A closed door with such commodity will only open doors to other Nations.

Only a nation like Democratic Republic of Congo can bring the world to its feet. Russia is a toy!

Must you make a noise because you lack knowledge? You are living in sheer and absolute ignorance embedded in zero knowledge for refusing to real more about Gas infrastructure which is based on endemic.and chronic low memory loss.

CoronaVirusPro:



Nigeria has the capacity to export energy to Europe, and even Germany has started considering Africa. Its LNG... Its everywhere. Canada and Venezuela also have the capacity.

Are we not currently exporting LNG? So what makes it difficult to extend our reach to Germany?

Still talking nonsense

CoronaVirusPro:



Hello! Nigeria imports energy serving over 300 million people via cargo tankers. Floating LNG ships are available to make delivery pending when pipelines will be routed.

20 years ago, their was no fiber optic connecting Nigeria to Europe, today we have it.



So LNG ships have the capacity to get energy to anywhere in the world. Its all about effective logistics and continuous improvement.

The more you use more convoluted words and English, they more you are talking nonsense. Must you display your Nigerian ignorance and mentality online?

EdoBoy90:


The more you use more convoluted words and English, they more you are talking nonsense. Must you display your Nigerian ignorance and mentality online?

You are not enlightened and behind.

What do you know about logistics? You talking Nigerian sense? Smh…

Village boy!

EdoBoy90:



Must you make a noise because you lack knowledge? You are living in sheer and absolute ignorance embedded in zero knowledge for refusing to real more about Gas infrastructure which is based on endemic.and chronic low memory loss.

Stop composing gibberish please. Just say you are not enlighten enough and stop shooting down what you not intune with.

Don’t we export liquified gas? Do you know how many LNG cargo ships Nigeria got? I am certain you have not seen one before and why you here exposing your your illiteracy about a subject you know nothing about.

EdoBoy90:



Still talking nonsense

It will always be gibberish to an illiterate!

EdoBoy90:


The more you use more convoluted words and English, they more you are talking nonsense. Must you display your Nigerian ignorance and mentality online?

Here you have it dunce!

Thank me for enlightening you. And you can always still expose your foolishness.

Back to the topic, if we can that Billion cubic meters to Europe, shouldn’t your common sense tell you that we can increase capacity?

And you still had effrontery to be debating what you know nothing about.

Village lots trying to feel among on social platforms

redcliff:


you get pipeline from here to Germany?

stop interacting with a kid

I guess Putin is winning after all,.

CoronaVirusPro:



Here you have it dunce!

Thank me for enlightening you. And you can always still expose your foolishness.

Back to the topic, if we can that Billion cubic meters to Europe, shouldn’t your common sense tell you that we can increase capacity?

And you still had effrontery to be debating what you know nothing about.

Village lots trying to feel among on social platforms

.

Do you think it is Cargo gas Germany needs to run her industries? You are very very clueless. You don't understand geopolitics. Or you think gas station or pipeline is filling station.

You have not heard about the AKK gas pipeline project or the Trans-Sahara Gas Pipeline Project. Do you know how many years it will take to construct these projects?
Secondly, even US with the largest gas Cargo ships in the world can't substitute Russian Gas supply to Europe or meet up with demand to run European Industries let alone Nigeria or Qata with an existing Asian Buyers. No infrastructure to meet up with European gas demands for now. There is no alternative to Russian Gas supply to Europe, plus your useless logistics mentality. Just one useless online course you did on Logistics, you thought you have arrived.

You are very useless and clueless. Pls open Google and read for you to learn more.

CoronaVirusPro:


Stop composing gibberish please. Just say you are not enlighten enough and stop shooting down what you not intune with.

Don’t we export liquified gas? Do you know how many LNG cargo ships Nigeria got? I am certain you have not seen one before and why you here exposing your your illiteracy about a subject you know nothing about.

Because you hear export and you think that is all. Because you hear logistics and you think it is all. Nigeria doesn't have the capacity to supply Europe gas even Qatar doesn't have it. Besides, gas is an incompressible and it is not petrol or kerosine.

Go and read, you will say no. Google, you will say no. These blind followers with half baked knowledge.

EdoBoy90:
.

Do you think it is Cargo gas Germany needs to run her industries? You are very very clueless. You don't understand geopolitics. Or you think gas station or pipeline is filling station.

You have not heard about the AKK gas pipeline project or the Trans-Sahara Gas Pipeline Project. Do you know how many years it will take to construct these projects?
Secondly, even US with the largest gas Cargo ships in the world can't substitute Russian Gas supply to Europe or meet up with demand to run European Industries let alone Nigeria or Qata with an existing Asian Buyers. No infrastructure to meet up with European gas demands for now. There is no alternative to Russian Gas supply to Europe, plus your useless logistics mentality. Just one useless online course you did on Logistics, you thought you have arrived.

You are very useless and clueless. Pls open Google and read for you to learn more.

Now you trying hard to sound enlightened after I have educated you.

No infrastructure but we getting gas to Europe. So the best your thinking faculty can offer you is that LNG is only transported by pipelines? Smh


We get billions of cubic meters to Europe SS of date so what point are you making here and trying hard to shift goal lost after exposing your illiteracy.

Poland and Lithuania import LNG, so what’s the crap you talking about? Your illiteracy is already exposed and now you trying to sound like someone conversant and updated.

Hello! Nigeria has the capacity to get LNG to Europe and you not more brilliant than Germans who have the option on the table.

And moreover, US has increased export of LNG to Europe and its not via pipeline.

Mr. Pipeline!

Can Nigeria without gas infrastructure supply Europe with 40 to 50% of gas Russia is supplying?

EdoBoy90:


Because you hear export and you think that is all. Because you hear logistics and you think it is all. Nigeria doesn't have the capacity to supply Europe gas even Qatar doesn't have it. Besides, gas is an incompressible and it is not petrol or kerosine.

Go and read, you will say no. Google, you will say no. These blind followers with half baked knowledge.

Wow!

I knew I was discussing with an illiterate!

Who told you gas is not compressible?

Damn!

I take the blame for even indulging myself in a discussion with you.

You a damn fvcking illiterate!

Bye!

CoronaVirusPro:



Now you trying hard to sound enlightened after I have educated you.

No infrastructure but we getting gas to Europe. So the best your thinking faculty can offer you is that LNG is only transported by pipelines? Smh


We get billions of cubic meters to Europe SS of date so what point are you making here and trying hard to shift goal lost after exposing your illiteracy.

Poland and Lithuania import LNG, so what’s the crap you talking about? Your illiteracy is already exposed and now you trying to sound like someone conversant and updated.

Hello! Nigeria has the capacity to get LNG to Europe and you not more brilliant than Germans who have the option on the table.

And moreover, US has increased export of LNG to Europe and its not via pipeline.

Mr. Pipeline!

If Europe had alternative or Nigeria or US, don't you think that the first thing they would have done is to turn off the tap supply to cripple Russian Economy? Even the Poland when Russia stopped supplying gas to them as of yesterday, they were buying same gas on backward integration from Germany. No option.

You are not educated first, let me clear your doubt, Gas is not petrol. Do you know how long will it take a cargos to degasify, loan, gasify and offload? Do you know how long it will take a car to arrive in Europe from US or Nigeria, by then, industries using gas to run will collapse? They need uninterrupted supply of gas to run industries and heat homes in Europe. This is what Gas Cargo Ships can't substitute and why Russian gas can't be substituted for now because of sustainability.

Russian gas is the cheapest for Europe globally. If you import from US, Qatar, and Nigeria on high price, what do you think will happen to European Economy? Inflation! US gas is times 3 costlier than what Russia is offering.

You need to use Google sometimes. You are not too educated in Geopolitics. Literate my foot. Keep swallowing in chronic ignorance.

CoronaVirusPro:



Wow!

I knew I was discussing with an illiterate!

Who told you gas is not compressible?

Damn!

I take the blame for even indulging myself in a discussion with you.

You a damn fvcking illiterate!

Bye!

.

You are an illiterate. There is compressible and incompressible fluid. If you are an Engineer, we would have talked more.

They will say ideally, gas is a compressible fluid when you apply some mechanism like a compressor. You can't compress the air you breath in except you apply some mechanical mechanism. In Engineering, this is where a compressor is needed to make it a compressible fluid when some external forces have been applied to it.

I will educate your ignorance today. See the mechanism used just to compress your cooking gas in your cylinder.

Russian gas to Europe is irreplaceable in the near term. Even Europe by their own calculations expects to wean off Russian gas by 2027-2030 on the earliest. 2027 is about 5 years away. Why is it so? Finding alternatives involves a different logistics, while Qatar, Algeria may step up supply, the corresponding logistics is missing. Few European countries have LNG terminals. The biggest buyer in Europe currently has none and just started construction of 2 and this will take about 4 years. Those small countries that have like Latvia and Poland already has their facilities running at full capacity.

Secondly is volume. Europe does not even expect to be able to fully outsource 150bcm of gas from coordinated markets. It is banking on its ability to make up for the shortfalls by diversifying to greener energy by the end of the decade.

Again, costs, LNG gas is far expensive because of compression and decompression, as well as ship freight costs. These logistics factors into its price, making it too expensive compared to its Russian counterpart.

Lastly, please when talking about serious nations, never mention Nigeria again. We are a rich gas flaring nation. We do not have the capacity to even supply gas to Nigerians. I am not doing google talk, I personally own 2 gas plants in Benin and Asaba, and I can tell you for free, also feel free to verify, Nigeria imports majority of its LNG via ships and it berths at Onne. I will give you a clue to differentiate between Nigerian gas and imported gas. Have you ever filled your cylinder and it looks like it burned too fast and got finished on time? If so, that is gas produced in Nigeria, most probably from kwale station. The one from Europe burns differently and that’s what I stock most times to avoid customers complaints even though kwale gas is cheaper to stock. This is Nigeria that is not even a gas driven nation, with most citizens still using kerosene, firewood and coal, still importing gas for domestic use while having abundant reserves.

skoskosko:
Russian gas to Europe is irreplaceable in the near term. Even Europe by their own calculations expects to wean off Russian gas by 2027-2030 on the earliest. 2027 is about 5 years away. Why is it so? Finding alternatives involves a different logistics, while Qatar, Algeria may step up supply, the corresponding logistics is missing. Few European countries have LNG terminals. The biggest buyer in Europe currently has none and just started construction of 2 and this will take about 4 years. Those small countries that have like Latvia and Poland already has their facilities running at full capacity.

Secondly is volume. Europe does not even expect to be able to fully outsource 150bcm of gas from coordinated markets. It is banking on its ability to make up for the shortfalls by diversifying to greener energy by the end of the decade.

Again, costs, LNG gas is far expensive because of compression and decompression, as well as ship freight costs. These logistics factors into its price, making it too expensive compared to its Russian counterpart.

Lastly, please when talking about serious nations, never mention Nigeria again. We are a rich gas flaring nation. We do not have the capacity to even supply gas to Nigerians. I am not doing google talk, I personally own 2 gas plants in Benin and Asaba, and I can tell you for free, also feel free to verify, Nigeria imports majority of its LNG via ships and it berths at Onne. I will give you a clue to differentiate between Nigerian gas and imported gas. Have you ever filled your cylinder and it looks like it burned too fast and got finished on time? If so, that is gas produced in Nigeria, most probably from kwale station. The one from Europe burns differently and that’s what I stock most times to avoid customers complaints even though kwale gas is cheaper to stock. This is Nigeria that is not even a gas driven nation, with most citizens still using kerosene, firewood and coal, still importing gas for domestic use while having abundant reserves.

Thank you for helping me to educate that kid, called CoronaVirusPro. He doesn't know what he was saying. He was just mentioning logistics up and down because he just read one course on Logistics online. He is a a SIMP and a big SIMP for that matter who can't google a simple thing.

skoskosko:
Russian gas to Europe is irreplaceable in the near term. Even Europe by their own calculations expects to wean off Russian gas by 2027-2030 on the earliest. 2027 is about 5 years away. Why is it so? Finding alternatives involves a different logistics, while Qatar, Algeria may step up supply, the corresponding logistics is missing. Few European countries have LNG terminals. The biggest buyer in Europe currently has none and just started construction of 2 and this will take about 4 years. Those small countries that have like Latvia and Poland already has their facilities running at full capacity.

Secondly is volume. Europe does not even expect to be able to fully outsource 150bcm of gas from coordinated markets. It is banking on its ability to make up for the shortfalls by diversifying to greener energy by the end of the decade.

Again, costs, LNG gas is far expensive because of compression and decompression, as well as ship freight costs. These logistics factors into its price, making it too expensive compared to its Russian counterpart.

Lastly, please when talking about serious nations, never mention Nigeria again. We are a rich gas flaring nation. We do not have the capacity to even supply gas to Nigerians. I am not doing google talk, I personally own 2 gas plants in Benin and Asaba, and I can tell you for free, also feel free to verify, Nigeria imports majority of its LNG via ships and it berths at Onne. I will give you a clue to differentiate between Nigerian gas and imported gas. Have you ever filled your cylinder and it looks like it burned too fast and got finished on time? If so, that is gas produced in Nigeria, most probably from kwale station. The one from Europe burns differently and that’s what I stock most times to avoid customers complaints even though kwale gas is cheaper to stock. This is Nigeria that is not even a gas driven nation, with most citizens still using kerosene, firewood and coal, still importing gas for domestic use while having abundant reserves.

.

I have read something educative too. Simp CoronaVirusPro, come out. You heard him mentioned Compression and decompression. It is incompressible that is why to apply the "Compression" he mentioned, you apply some external force to compress a gas, then, it becomes a compressible fluid since it is in a compressed vessel under high pressure. Then, you now decompress it again, the decompression.

Come and learn now.

CoronaVirusPro:



Nigeria has the capacity to export energy to Europe, and even Germany has started considering Africa. Its LNG... Its everywhere. Canada and Venezuela also have the capacity.

Are we not currently exporting LNG? So what makes it difficult to extend our reach to Germany?

Russia gas is very very very cheap..everybody loves free things. Also, logistics is easier. All you need are pipes to all countries in Europe. Why will a. Sane European nation leave russia gas and start buying from Nigeria

skoskosko:
Russian gas to Europe is irreplaceable in the near term. Even Europe by their own calculations expects to wean off Russian gas by 2027-2030 on the earliest. 2027 is about 5 years away. Why is it so? Finding alternatives involves a different logistics, while Qatar, Algeria may step up supply, the corresponding logistics is missing. Few European countries have LNG terminals. The biggest buyer in Europe currently has none and just started construction of 2 and this will take about 4 years. Those small countries that have like Latvia and Poland already has their facilities running at full capacity.

Secondly is volume. Europe does not even expect to be able to fully outsource 150bcm of gas from coordinated markets. It is banking on its ability to make up for the shortfalls by diversifying to greener energy by the end of the decade.

Again, costs, LNG gas is far expensive because of compression and decompression, as well as ship freight costs. These logistics factors into its price, making it too expensive compared to its Russian counterpart.

Lastly, please when talking about serious nations, never mention Nigeria again. We are a rich gas flaring nation. We do not have the capacity to even supply gas to Nigerians. I am not doing google talk, I personally own 2 gas plants in Benin and Asaba, and I can tell you for free, also feel free to verify, Nigeria imports majority of its LNG via ships and it berths at Onne. I will give you a clue to differentiate between Nigerian gas and imported gas. Have you ever filled your cylinder and it looks like it burned too fast and got finished on time? If so, that is gas produced in Nigeria, most probably from kwale station. The one from Europe burns differently and that’s what I stock most times to avoid customers complaints even though kwale gas is cheaper to stock. This is Nigeria that is not even a gas driven nation, with most citizens still using kerosene, firewood and coal, still importing gas for domestic use while having abundant reserves.

Bro you get time o... Na all these 19 year old you compose for?

babyfaceafrica:
Bro you get time o... Na all these 19 year old you compose for?

.

He just composed to educate that clown who claimed that he is a literate. That guy now 16 years old not even 19 years old.