₦airaland Forum

priestcharm:
Plenty countries will buy cheap Russian oil. Once the contract buying from others expire. It is pure economics. If you pay nepa average of 50k to buy power and a Chinese company comes with same power for you to pay 30k, won’t you port? India will buy cheap Russia crude once her contract to buy from Qatar for example expires.

If a country like india starts seeing Russian gas a cheap, then it must be really cheap then. Besides, that frees up Qatar to sell more to other places like the E.U, right? India and China will never replace western markets for Russia energy exports. Simple.

shogz89:
He is cutting supply to unfriendly European countries,, they have other countries they service.. India and China alone use more gas than the whole EU.. So they aren't loosing all 80%

Those unfriendly countries make up the bulk of the E.U. The fact of the matter is, any Billions from trading with E.U can't be offset by only China and India. Those countries are already importing near their needs and won't simply double their demand because Russia has spare gas to sell.

shogz89:
who will sell the Gas they refuse to buy from Russia to them and at what cost? Remember Opec does not have plans to increase supply.. And why are they still buying their Gas since they are sanctioning Russia.. Infact since the sanctions started, EU have bought 15% more gas in March from Russia than in February.

Yes, that's a challenge Europe hasn't gotten a lasting solution to yet. But a lot of people make it seem like there's another EU-size market ready to consume Russian gas to European countries, assuming Putin pulls the plug. Russia's economy largely depends on energy-trading. Putin has already started accelerating Europe ultimate aim of fending themselves off Russia gas.

mach7:
Please don't confuse yourself. Russia has no pact with either Saudi Arabia or Qatar on gas trading.

Saudi Arabia and Russia, as two major gas suppliers, greatly influence the global market prices through output production. Europe explored the possibilities to have Saudi Arabia produce more gas to offset potential Russian gas shortages, they refused largely because Saudi was not willing to double-cross a gentlemanlike agreement with Russia. This understanding among leading OPEC is well-known (Google your Friend)

If you don't understand open (spot) market operations, please do more research.

The Question, will this market replace what Europe is to Russia?

With regards to Oil volumes which will be withdrawn from the European market, I hope you are seeing recent developments in India, where they are purchasing more volumes of oil from Russia (in excess of 3m barrels per batch) which is traded via Ruble-Rupee exchange.

India and Russia are STILL working on the mechanism of a Ruble-Rupee exchange. Such trading hasn't started yet.

mach7:
The volume that Russia is unable to sell to Europe, will be transferred to the open market (Spot market). Spot market currently trades at $1,100 per metric ton while Russia's sells to Europe at fixed contract averaging $300.

Actually Russia has been loosing a lot selling to Europe, but the benefit has been that the the market is stable and sales via fixed contract is guaranteed as compared to spot market which is volatile. So no loss for Russia, but major losses for Europe as their competitiveness will decline due to extremely high energy costs associated with importing LNG from Qatar and US.

Europe's biggest mistake is following the US, who is only out to rip them off with a smiling face.

So, the so called open market will make up volume consumed by Europe, and infact, Russia would gain more? So laughable.

What now happens to the pact Russia has with other large energy producers like Saudi Arabia and Qatar, who all agreed to only produce a threshold capacity and supply to certain markets to maintain global prices and balance?

mach7:
Your comments shows that you don't understand the gas market. Russia is the world's largest Exporter of gas..

Europe is the second largest consumer of gas after China. Russia already has long-term fixed contracts with China, South Korea, Japan, Turkey, India and Pakistan. It also exports LNG to Africa, South America, South East Asia and also to Europe.

What Europe will do, is to request Qatar to replace Russia's supplies which it will be unable to do because they don't have the same production capacity that Russia has and secondly, the cost will be almost 5-6 times more than Russian gas (piping gas is considerably cheaper that transporting as LNG via ships).

the European economy will be wrecked.

And you don't even know your statistics. By far, the United States of America is consumes more gas than China. Consumption is different from importation.

Simple matter: Who would buy those excess gas Russia refused to sell to Europe? All the countries you mentioned, are they not already buying what their capacity needs from elsewhere?

The fact of the matter is Russia's economy is heavily dependent on SELLING Energy and its derivatives to more industalized countries in Europe. Cutting supplies will hurt Europe no doubt, but it will hurt the Russian economy much more.

German and French ministers have said no way they're paying in rubles. Let's see if Putin has the balls to cutoff Europe and lose potential Billions of dollars needed to finance his war machine.

pansophist:
There are truckload of buyers on queue waiting to take it. You think Russia will loose buyers if EU didn't buy? Lol.

Only China with its giant population that is bigger than USA, Canada, the whole EU countries, UK, Japan and South Korea combined will swallow all Russian oil. Also, India, Indonesia and Asia are on queue. Putin has crossed his mind from the west, he is focusing on Asia now.

Until EU leaders have balls and stop sacrificing their interest to suit their Yankee masters, they will always be punished.

If only China can buy it, why is Russia even selling to the West before? If China needs Russian gas so much, why are they not already buying from Russia? What now happens to the countries China buy its gas from? Will China simply tell them to rip up their contracts because Russian gas is now available? Or you think China will buy more gas than it needs because it wants to help Russia?

Who are even the countries waiting in queue? China and India alone can't buy Russian gas. Asia? A region blessed with petroleum? And China can't consume more gas than those countries combine. Popular alone doesn't determine the amount of gas a country uses.

If EU leaders are sacrificing their interests to suit the US and not Russia, that should tell you who the real boss is who you want in your corner. An economic fight between the west and Russia has only one winner.

A country, Russia that gets about 80% of economic income from selling gas wants to cut supply to buyers. How is their economy going to survive?

They won't buy in rubles and Putin won't cut supplies, unless he's completely MAD.

Rgade:
That’s the problem. The west is too fixated on following due processes while Putin rains bomb on civilians. You can see all the Nairalanders jumping on me talking about how Ukraine isn’t a NATO member. That point would have been worth consideration had Putin not invaded a sovereign country.

Hopefully, Russia loses Putin's war.

According to reports, Russia is getting more resistance than they expected. And the more time passes, the more momentum is lost. Importantly, countries are sending military aid to Ukrainian.

The UK has gone Futher and banned Russian private jets from its airspace.

The fact is, London is a luxury for the rich, like candy. Taking a major economic and lifestyle hub like London off the menu of rich Russian oligarchs will hurt Putin, ultimately.

Rgade:
The EU is a disgrace. NATO is disgraceful.
NATO should have made their stand crystal clear to Ukraine from day one in the event of a Russian invasion; instead of giving them false hope. NATO couldn’t even predict the invasion. It was US intelligence that saw it coming and those one already took military intervention off the table from day one.
If NATO had at least moved their forces quick enough into Ukraine their presence alone might have been enough to deter Putin. It would take a lot of balls for him to shoot at soldiers bearing the NATO tag.
Apart from the UK and France to an extent, no other major European power is even behaving as if anything is happening.
Ukraine should just agree to Russia’s terms for now abeg, tomorrow they go again. Maybe by then NAssTO would give them more support.

Honestly, the problem for countries who abide by the rule of law (democracy) is that they can't make decisions like dictators. Putin has taken advantage of that.

Everybody knew it would come to this. Russia has been amassing troops along Ukrainian doorstep for months. Their intention was to invade. If the west really wanted to deter Putin, the only way was to make the military risks too great for Russia to undertake.

Like you reasoned, Europe as a bloc has probably let Ukraine down. I've been following the updates from the Ukrainian president and his pleas on social media has been emotional. War is really sad. This is a senseless war Ukraine never wanted.

Militarily, Europe is really not very strong. Germany has been a disgrace as they have remained largely low-key. Only the UK is talking tough, with France.

HopeVictor:
Check his lips if it's black then buy him fresh weed and brown rizla..

Remember it must be brown rizla..

As I dey read this thing, the Eba way I dey chop nearly choke me die

You can only find this type of humor online.
(Guy, you've got me on a laughter fits here.)

ALFADOS:
who be real Madrid for chelsea place

I listed out the highest rated teams I'd want Chelsea to avoid. I didn't say Chelsea wouldn't win against them. We are talking two different things entirely

UEFA are the real winners of this draw because all the traditional heavyweights largely avoided each other, so most should go true and will might still have Ajax (or Inter), Bayern, Juventus, Real Madrid, Chelsea, Liverpool and City in the quarterfinals.

Obviously, they still needed an exploder for the round and they got PSG vs Man United, Ronaldo vs Messi in a knockout rounds after so many years.

It's a good draw for UEFA.

Omo Chelsea avoided big hitters Bayern Munich, Real Madrid and Ajax.

It's Chelsea vs Lille. Best possible draw ever. Juventus gets Sporting for topping the blues. Not bad.

bukatyne:
The OP has shown good emotional intelligence and ability to deescalate situations.

Who knows if the Major was thinking of 'dealing' with him beforehand?

Humility is a virtue.

The OP did not leave his chest on the floor nor did it stop him from getting his masters/or any other achievements he has thereafter.

I wonder the correlation between the point of him standing on his feet
in this very incident and what your last paragraph is all about? Apple and oranges.


And nah, if that's what humility entails, I'll pass.

According to the Op, even the men didn't find him to be humble. More like pitiable. And that's humiliating.

ArticleBeast:
Until you live in barracks

Yes, done that. For decade plus years even.

And that's exactly why I said he can wait until they're being unreasonable.

Usyk boxing skills is next-level. Nobody can defeat him with points. He's just a better boxer than any body else.

Joshua would have got knock out were boxing 15 rounds because the dude was totally gassed.

I wonder why you were so afraid?

Begging, trowing yourself on the floor without being charged is pathetic. At least, wait till your accuser is being unreasonable before you start trading whatever is left of your dignity.

I can only imagine what positives, if any, your interviewers can see in your handling of the situation.

Teejay13:
Of what configuration?

2 gig dedicated graphics. Any of the 15 variants will do

Teejay13:
GM

do you have a dell XPS

Bamz:
Raya Electronic Store told me the panel would need to be changed, and since it's a Redmi 7A, it's better I just get a new phone instead.

How much is the panel? Mine is a redmi 8. I really don't mind replacing the panel if that's the only solution.

Bamz:
I'm going to a Xiaomi Service Center.

Yeah, I understand.

Hopefully, they'll be able to do more than regular repairman.

Bamz:
The technician couldn't fix it lmaooo. I plan to go a Xiaomi center within the next 48 hrs.

Okay, I'll like to know whether they were able to fix it.

Nobody has any idea what to do again.

Bamz:
I'll give you feedback tomorrow

Waiting...

Bamz:
Hello,

I've got a Redmi 7A that I use sparingly and I just realised that it no longer reads the sim card. It recognises the network provider under 'Sìm Cards and Mobile Networks' but it does not show the network bars. Meanwhile this sim works well on other phones.

I've done a factory reset to no avail.

Assistance needed.

Hi, I'm actually facing the same problem as you. I'm just wondering if you have been able to fix the issue.

Jazzman01:
Sorry for the loss bro, just pack it and dump it somewhere. These chinko phones are not reliable. The only difference between Xiaomi and transsion is that Xiaomi is globally recognised but last last they are all chinko. Get a Samsung next time or iPhone if you have the cash.

Shits do happen. Thanks for the advice anyways.

Mustiboy:
He has probably messed with the antennas embedded into your phone's chassis.

I doubt if you can get another chassis, so the only solution is for him to solder thin copper wires onto the GSM & GND antenna ports on your motherboard and then pass them to the back of your phone's chassis.

I'm positive about it working.

Thank you.

One technician actually fastened thin copper wire connecting the two points of the antenna cables.

He did claim that the network came on faintly and was waving when he went outside. Though I didn't see it myself.

I'll try to work this angle with the next technician I give.