Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New
Stats: 3,156,462 members, 7,830,312 topics. Date: Thursday, 16 May 2024 at 07:35 PM

Russian Gas to Gets $100 Billion Dollars From EU Customers This Year - Foreign Affairs - Nairaland

Nairaland Forum / Nairaland / General / Politics / Foreign Affairs / Russian Gas to Gets $100 Billion Dollars From EU Customers This Year (546 Views)

Russia Turns Off Nord Stream Pipeline Supplying Gas To Europe, Cites "Oil Leak" / EU Agrees To Pay For Russian Gas In Rubles Without Breaching Sanctions / Lithuania Abandons Russian Gas. First European Nation To Do So. (2) (3) (4)

(1) (2) (Reply) (Go Down)

Russian Gas to Gets $100 Billion Dollars From EU Customers This Year by Biodun556(m): 2:29pm On May 22, 2022
Russia could earn a record $100 billion from gas sales to European countries in 2022 due to the sharp rise in energy prices, French newspaper Les Echos reported this week, citing Citibank analysts.

According to the paper, the projected income from gas sales will be almost twice as much as last year. The analysis does not take into account profits from the sale of other Russian commodities, such as oil, coal, and other minerals.

Les Echos reports that, despite sanctions and warnings of a sweeping embargo on Russian energy, the 27 EU countries continue to send roughly $200 million per day to Gazprom.

The future of Russia’s energy exports could be jeopardized by sanctions – those already in place as well as potential new restrictions – which the US and its allies placed on Moscow after it launched its military operation in Ukraine.

Russia introduced counter-measures, including a new ruble-based gas payment scheme, which has divided the countries that placed sanctions on Moscow into two groups – those that accept the new terms and those who do not. Russia has already stopped gas exports to Poland, Bulgaria and Finland due to their refusal to comply with the new payment terms. Around half of Russia’s 54 gas buyers have already complied with the ruble payment mechanism, Deputy Prime Minister Alexander Novak said on Thursday.

https://www.rt.com/business/555814-russian-gas-revenues-surge/

2 Likes

Re: Russian Gas to Gets $100 Billion Dollars From EU Customers This Year by gaby(m): 2:31pm On May 22, 2022
Putin go just dey smile...

Nobody dey halla sanction again.

Do me, do body...

According to my mama

6 Likes 3 Shares

Re: Russian Gas to Gets $100 Billion Dollars From EU Customers This Year by olas24u(f): 2:37pm On May 22, 2022
They have very educated economist qnd central bank governors.

6 Likes 1 Share

Re: Russian Gas to Gets $100 Billion Dollars From EU Customers This Year by seunny4lif(m): 2:44pm On May 22, 2022
We need Russia central bank governor in Africa here.
We need to demand our own currency
Nigeria need to demand Naira now

5 Likes 1 Share

Re: Russian Gas to Gets $100 Billion Dollars From EU Customers This Year by Truvelisback(m): 2:48pm On May 22, 2022
seunny4lif:
We need Russia central bank governor in Africa here.
We need to demand our own currency
Nigeria need to demand Naira now
Unfortunately, Our Leaders never get sense reach that level.

5 Likes 1 Share

Re: Russian Gas to Gets $100 Billion Dollars From EU Customers This Year by seunny4lif(m): 2:48pm On May 22, 2022
Truvelisback:
Unfortunately, Our Leaders never get sense reach that level.
Looters and stealers

4 Likes 1 Share

Re: Russian Gas to Gets $100 Billion Dollars From EU Customers This Year by Kingsnairaland(m): 3:13pm On May 22, 2022
The Billionaires won't allow it in Nigeria because it will kill their self worth and reduce their profits.

Besides we owe IMF so we need to settle them before we can make mouth on how to run our business which is oil.

1 Like

Re: Russian Gas to Gets $100 Billion Dollars From EU Customers This Year by olas24u(f): 3:20pm On May 22, 2022
Kingsnairaland:
The Billionaires won't allow it in Nigeria because it will kill their self worth and reduce their profits.

Besides we owe IMF so we need to settle them before we can make mouth on how to run our business which is oil.
The african Union can create a common currency and then collect that currency in exchange for the resources, Africa will change, link up all African countries with railway and organise cheap travel within Africa, and common passport, and encourage production.

1 Like

Re: Russian Gas to Gets $100 Billion Dollars From EU Customers This Year by seunny4lif(m): 3:46pm On May 22, 2022
olas24u:

The african Union can create a common currency and then collect that currency in exchange for the resources, Africa will change, link up all African countries with railway and organise cheap travel within Africa, and common passport, and encourage production.
Africans like to be slaves reason it’s was easy for Europeans and Arabs to pack us as slaves.
Look at the Chinese within 30 years and how they have built their country but down here especially Black Africa nations are blessed with useless leaders.
Show one black Africa nation that is developed? None
Re: Russian Gas to Gets $100 Billion Dollars From EU Customers This Year by Kingsnairaland(m): 3:47pm On May 22, 2022
olas24u:

The african Union can create a common currency and then collect that currency in exchange for the resources, Africa will change, link up all African countries with railway and organise cheap travel within Africa, and common passport, and encourage production.
. We have to first create the rail roads before we talk about common currency.
Re: Russian Gas to Gets $100 Billion Dollars From EU Customers This Year by olas24u(f): 3:50pm On May 22, 2022
seunny4lif:

Africans like to be slaves reason it’s was easy for Europeans and Arabs to pack us as slaves.
Look at the Chinese within 30 years and how they have built their country but down here especially Black Africa nations are blessed with useless leaders.
Show one black Africa nation that is developed? None

It's conditioning and low self esteem, including religion, that destroyed the continent. We can create a Chinese model, every black person is an African, so its very easy if you create policies to target blacks every where. Diaspora Chinese developed China.

1 Like

Re: Russian Gas to Gets $100 Billion Dollars From EU Customers This Year by Kingsnairaland(m): 3:50pm On May 22, 2022
seunny4lif:

Africans like to be slaves reason it’s was easy for Europeans and Arabs to pack us as slaves.
Look at the Chinese within 30 years and how they have built their country but down here especially Black Africa nations are blessed with useless leaders.
Show one black Africa nation that is developed? None
how can we develop when we are battling tribal conflicts.

You have to be united before you talk about developing.

1 Like

Re: Russian Gas to Gets $100 Billion Dollars From EU Customers This Year by seunny4lif(m): 3:52pm On May 22, 2022
Kingsnairaland:

. We have to first create the rail roads before we talk about common currency.
I’m still surprised that after many years, we don’t even have train transportation from Nigeria to Senegal.
The ECOWAS money, that was introduced during OBJ time called WASA or WACA never worked because those French West Africa kicked against it.

1 Like 1 Share

Re: Russian Gas to Gets $100 Billion Dollars From EU Customers This Year by olas24u(f): 3:52pm On May 22, 2022
Kingsnairaland:

. We have to first create the rail roads before we talk about common currency.
You can create a common currency at anytime, but the French will not allow it to happen, they frustrated the eco currency. You need a multipolar world with strong partners for military alliances. Africans see themselves are inferior and look up to other races as better than them.
Re: Russian Gas to Gets $100 Billion Dollars From EU Customers This Year by seunny4lif(m): 3:54pm On May 22, 2022
Kingsnairaland:
how can we develop when we are battling tribal conflicts.

You have to be united before you talk about developing.

Europeans are not united too but they worked around how to promote their economy.
Re: Russian Gas to Gets $100 Billion Dollars From EU Customers This Year by seunny4lif(m): 3:58pm On May 22, 2022
olas24u:


It's conditioning and low self esteem, including religion, that destroyed the continent. We can create a Chinese model, every black person is an African, so its very easy if you create policies to target blacks every where. Diaspora Chinese developed China.
Religion have killed us Africans.
Any problem is now blamed on witches and wizards when our leaders should be working but they like to loot and steal.

1 Like 1 Share

Re: Russian Gas to Gets $100 Billion Dollars From EU Customers This Year by olas24u(f): 4:05pm On May 22, 2022
seunny4lif:

Religion have killed us Africans.
Any problem is now blamed on witches and wizards when our leaders should be working but they like to loot and steal.

Religion was used as a tool and used for generations on generations to destroy minds and remove Africans from critical thinking. The Chinese are not Muslims but Buddhist, the Indians are Hindus, they didnot accept religion from the British but accepted technology. Both religion Islam and Christianity are from one source.
Re: Russian Gas to Gets $100 Billion Dollars From EU Customers This Year by olas24u(f): 4:08pm On May 22, 2022
seunny4lif:

Religion have killed us Africans.
Any problem is now blamed on witches and wizards when our leaders should be working but they like to loot and steal.

The first Quran that was Printed not written but printed between August 9th, 1537 an August 9th, 1538 in Venice Italy by Paganino and Alessandro Paganini.
Re: Russian Gas to Gets $100 Billion Dollars From EU Customers This Year by seunny4lif(m): 4:08pm On May 22, 2022
olas24u:


Religion was used as a tool and used for generations on generations to destroy minds and remove Africans from critical thinking. The Chinese are not Muslims but Buddhist, the Indians are Hindus, they didnot accept religion from the British but accepted technology. Both religion Islam and Christianity are from one source.
I swear

1 Like

Re: Russian Gas to Gets $100 Billion Dollars From EU Customers This Year by Drenimarcus(m): 4:14pm On May 22, 2022
gas is about to be $10 in Washington cheesy

1 Like 1 Share

Re: Russian Gas to Gets $100 Billion Dollars From EU Customers This Year by NigerianSage: 4:30pm On May 22, 2022
lol at RT propaganda..

How do you make more money from products that people are buying less?

Are you still making money from all the countries you cut off and not selling to or the countries that stopped buying your oil and gas.

Propaganda miss roast...
Re: Russian Gas to Gets $100 Billion Dollars From EU Customers This Year by VictorUSA(m): 4:57pm On May 22, 2022
We do not care the hell how much putin will make in the short term.Thanks goodness, it was expressly stated that the sweeping sanctions that placed an embargo on importation of Russian oil by other countries could jeorpadize its oil exports in the long term.
Re: Russian Gas to Gets $100 Billion Dollars From EU Customers This Year by Balogunodua(m): 6:38pm On May 22, 2022
Western slaves are already lamenting.. grin

1 Like

Re: Russian Gas to Gets $100 Billion Dollars From EU Customers This Year by ken6488(m): 11:54pm On May 22, 2022
NigerianSage:
lol at RT propaganda..

How do you make more money from products that people are buying less?

Are you still making money from all the countries you cut off and not selling to or the countries that stopped buying your oil and gas.

Propaganda miss roast...
common sense will not tell u that sanctioning Russia only increased demand

And favour Russia more

3 Likes

Re: Russian Gas to Gets $100 Billion Dollars From EU Customers This Year by NigerianSage: 12:49am On May 23, 2022
ken6488:
common sense will not tell u that sanctioning Russia only increased demand

And favour Russia more

Common sense did not tell you that demand can not increase when other countries are not buying your product and the ones that you cut off mean money that did not go into your pocket.?

Nearly 50% of Russia's gas export goes to Europe, meaning half of Russia's gas earnings so with the whole of Europe spending billions to develop their own LNG infrastructures, buying and leasing LNG terminals just to get rid of Russian gas, what do you think will happen to Russia's economy next year and year after? Figure it out and answer the question, it's common sense.

The fact that Europe can not get rid of Russia's gas today doesn't mean they are not determined or they won't get rid of it tomorrow.

Common sense is not always about today, it's also about tomorrow and the day after tomorrow. Use some common sense sometimes.

1 Like 1 Share

Re: Russian Gas to Gets $100 Billion Dollars From EU Customers This Year by Kingsnairaland(m): 3:26am On May 23, 2022
NigerianSage:
lol at RT propaganda..

How do you make more money from products that people are buying less?

Are you still making money from all the countries you cut off and not selling to or the countries that stopped buying your oil and gas.

Propaganda miss roast...

The country that said they won't buy Russia gas is still buying it from Germany how twisted is that they even pay more because Germany sells it more expensive than Russia through reverse flow lol.

1 Like

Re: Russian Gas to Gets $100 Billion Dollars From EU Customers This Year by Nobody: 4:27am On May 23, 2022
ken6488:
common sense will not tell u that sanctioning Russia only increased demand

And favour Russia more

How is sanctioning Russia favouring Russian? And yet Putin is crying about the sanctions? Don't let monetary figures be deceiving you.
Re: Russian Gas to Gets $100 Billion Dollars From EU Customers This Year by NigerianSage: 4:41am On May 23, 2022
Kingsnairaland:


The country that said they won't buy Russia gas is still buying it from Germany how twisted is that they even pay more because Germany sells it more expensive than Russia through reverse flow lol.


The country no get name? Don't be scared, speak your mind and name the country.
Re: Russian Gas to Gets $100 Billion Dollars From EU Customers This Year by ken6488(m): 9:41am On May 23, 2022
BritishNaija:


How is sanctioning Russia favouring Russian? And yet Putin is crying about the sanctions? Don't let monetary figures be deceiving you.
Actually effect of sanction on them is literally favouring them


The are making more money than before sanctions



grin
Re: Russian Gas to Gets $100 Billion Dollars From EU Customers This Year by Kingsnairaland(m): 9:47am On May 23, 2022
NigerianSage:



The country no get name? Don't be scared, speak your mind and name the country.

Bulgaria.. Poland

https://tass.com/economy/1444227/amp

Reverse gas supplies from Germany to Poland via Yamal-Europe up more than five-fold

Business & Economy April 27, 16:48
Gas pumping via the pipeline from Germany to Poland went up 5.2-fold to 1.23 mln cubic meters per hour

MOSCOW, April 27. /TASS/. Reverse gas supplies via the Yamal-Europe gas pipeline from Germany to Poland soared more than five-fold early on April 27, according to the information provided by the gas transport operator Gascade. This followed the suspension of gas supplies from Russia to Poland.
Gas pumping via the pipeline from Germany to Poland went up 5.2-fold to 1.23 mln cubic meters per hour.

1 Like

Re: Russian Gas to Gets $100 Billion Dollars From EU Customers This Year by Nobody: 9:48am On May 23, 2022
ken6488:

Actually effect of sanction on them is literally favouring them


The are making more money than before sanctions



grin

If you know what the Citizens are going through, you will pity them. It's like over there in Nigeria, No matter the way the economy bits, Government through Lai Muhamed or Adesina will Always deny it, Simply because it does not affect the Elites.
Re: Russian Gas to Gets $100 Billion Dollars From EU Customers This Year by Kingsnairaland(m): 9:54am On May 23, 2022
BritishNaija:


If you know what the Citizens are going through, you will pity them. It's like over there in Nigeria, No matter the way the economy bits, Government through Lai Muhamed or Adesina will Always deny it, Simply because it does not affect the Elites.
even USA is saying the sanctions has no effect.

I pity you that listen to CNN.

You won't see homeless in Russia but they are more than one hundred thousand people homeless in USA.

(1) (2) (Reply)

Exclusive : Elon Musk Wants To Cut 10% Of Tesla Workforce. / Just Like Crimea, Donbass, Kherson And Zaporozhye Is Lost To Ukraine / Zelensky's Conference With the AU: Only 4 Out Of 55 African Leaders Attended

(Go Up)

Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health
religion celebs tv-movies music-radio literature webmasters programming techmarket

Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10)

Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 54
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.