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Nairaland Forum / Nairaland / General / Politics / Foreign Affairs / Putin Wants Rubles For Russian Gas (36767 Views)
EU Agrees To Pay For Russian Gas In Rubles Without Breaching Sanctions / Poland Refuses To Pay For Russian Gas In Rubles / Macron: Putin Wants All Of Ukraine And Worse Is To Come (2) (3) (4)
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Re: Putin Wants Rubles For Russian Gas by pansophist(m): 8:55pm On Mar 23, 2022 |
gambojimeta: True, though we live in the real world, and a country can still be free while taking into considerations the realities that are unique to it. Ukraine if neutral, will get the best of both worlds from the west and east. 2 Likes |
Re: Putin Wants Rubles For Russian Gas by Nobody: 8:55pm On Mar 23, 2022 |
emmaodet:Hmm. I can't rule that out sha. They are not saints lol. |
Re: Putin Wants Rubles For Russian Gas by okorogbo: 8:56pm On Mar 23, 2022 |
Hezzyluv: Na you mumu pass, don't you know sourcing for rubles to pay Russia will automatically drive up the value of that currency? Basic economic bro,this one no be PhD. Infact he has hit them where it will pain most, America just committed economic suicide with those sanctions,the implications is that it will spur them to thinking and provide local alternatives. 2 Likes |
Re: Putin Wants Rubles For Russian Gas by Idaytesj29(m): 9:00pm On Mar 23, 2022 |
Gertyman: According to the latest data from the U.S. Census Bureau — namely, the 2019 American Community Survey, 5-Year Estimates — the U.S. poverty rate nationally is 13.4%. This means that 13.4% of the national population lives below the poverty line. Source: https://www.census.gov/newsroom/stories/poverty-awareness-month.html#:~:text=The%20official%20poverty%20rate%20in,and%20Table%20B%2D4). And According to World Bank, only 0.6 % of Chinese are in poverty as at 2019. Source: https://data.worldbank.org/indicator/SI.POV.NAHC?locations=CN |
Re: Putin Wants Rubles For Russian Gas by FoolishBoy419: 9:02pm On Mar 23, 2022 |
frowland: BRUTALITY |
Re: Putin Wants Rubles For Russian Gas by AroleOduduwa2: 9:04pm On Mar 23, 2022 |
gambojimeta: Sent arms on the front pages of news paper yet Zelensky is running from pillar to post asking for help and even dared sleepy joe to come to Kiev 1 Like |
Re: Putin Wants Rubles For Russian Gas by Appleyard(m): 9:04pm On Mar 23, 2022 |
gambojimeta: Germany don't even have the terminal to hold gas via tankers, henc they called it long-term. Guy, there is no replacing cheap in gas and oil. These are facts. 1 Like |
Re: Putin Wants Rubles For Russian Gas by GerogeI(m): 9:07pm On Mar 23, 2022 |
pansophist: The reality is that you can make this move if you are relatively debt free. A country like Nigeria whose President devalued the currency from N360 to now N590 to 1 USD just to continue borrowing from IMF and Co for stupid projects, like Railway that would have boomed the economy if it was built locally. Such a country has already sold her sovereignty for peanuts 4 Likes |
Re: Putin Wants Rubles For Russian Gas by AroleOduduwa2: 9:08pm On Mar 23, 2022 |
frowland: Someone that haven't left Nigeria before, he doesn't have an understanding of how things work and yet he claim to work at royal bank of Scotland. 1 Like |
Re: Putin Wants Rubles For Russian Gas by 5thcolm(m): 9:24pm On Mar 23, 2022 |
GerogeI: Go to school, you won't go. Read and learn, you won't read. You think landsize is what makes economy big. Russia is the biggest country in the world by land size. So are you saying that they are the richest? Oil is Russia major export to the world. How many other product have you seen or have in your house that is made in Russia. Texas have oil but have diversify it's economy to also focus/export advance technology, biotechnology, aeronautics, manufacturing, life science etc. This are values that are exported and used in everyday home around the world. US, China, Japan, Germany, UK, India, France are all smaller in size to Russia but are far bigger economy cause they offer more to the world. Fun fact, Texas produces about half of oil that Russia produces per day. So Texas is not even far off when it comes to oil. Another fun fact, Top ten biggest economy are not major exporter of oil. Lastly, the fact that oil is not your highest expense monthly should show you that being an oil exporter isn't as important as technology manufacturing, biotechnology etc put together 1 Like |
Re: Putin Wants Rubles For Russian Gas by seunny4lif(m): 9:24pm On Mar 23, 2022 |
Hezzyluv:You are the one that don’t have sense Russia Ruble just hit from 121 to 95 Ruble to a dollar and you think Putin don’t have sense? EU have 2 options now 1. Buy ruble and trade with Russia 2. Allow companies to shutdown and people will freeze to dead which will lead more to protect around EU Italy and France are already facing massive protests against cost of living 2 Likes |
Re: Putin Wants Rubles For Russian Gas by Idaytesj29(m): 9:29pm On Mar 23, 2022 |
gambojimeta: They could as well stop sending their devices beyond their national borders and use it by themselves. The world is already going East, west is outdated. |
Re: Putin Wants Rubles For Russian Gas by DerrickzB: 9:31pm On Mar 23, 2022 |
BloomingDale: Leave the mumu!! I see him comment jump am!! |
Re: Putin Wants Rubles For Russian Gas by folks4luv(f): 9:35pm On Mar 23, 2022 |
seanwilliam:Do you buy funds on Tremendous Visa cards? |
Re: Putin Wants Rubles For Russian Gas by 5thcolm(m): 9:36pm On Mar 23, 2022 |
AroleOduduwa2:The comment you quoted was wrong cause Nato nation have not directly interfered because, in spite of the fact that Nato nations have sent weapons, they don't have actual personnel fighting Russia army in Ukraine. 2) Ukraine are only allowed to use the sent weapons to defend themselves inside of Ukraine not to attack Russia in Russian territory. Reason why Zelensky is asking for help is because he needs more weapons especially fighter jet cause Russia's main advantage at this point is the air. Now these could have been your reply, not your emotionally charged ignorant reply |
Re: Putin Wants Rubles For Russian Gas by B2Bmen: 9:37pm On Mar 23, 2022 |
prettyboi1:the north Atlantic treaty organization they form after world wars Saw them trying to bring the whole of Europe as one together with America and it number one Allie Britain. The UN was also form too after the war to police and monitor the affairs of all country of the world,America is the biggest economy of the world after the second wwll therefore they spornsor most of the UN project and the north Atlantic treaty organization NATO, which at that time Europe is still recopurating from the advase effect of the war, Africa is still a farm land and mindle East and Asia are still in pre epoch era no one has the capacity like the Americans to support and manage UN invariably saying to America by the world u are in charge. By so doing all nations of the world including your Nigeria who are signitry to the UN became under the influence of America and it rich allies in the west. Hope I was able to answer your question,and school u a little? |
Re: Putin Wants Rubles For Russian Gas by Gertyman: 9:38pm On Mar 23, 2022 |
5thcolm: Chairman, I really respect your comment. This is what I have been trying to explain to folks here, but they keep missing the point. Thumb up to you. |
Re: Putin Wants Rubles For Russian Gas by olugabbie(m): 9:42pm On Mar 23, 2022 |
5thcolm: Russia export other things like gas turbine, agricultural equipments, aircrafts (not only military but commercial), space vehicle, covid-19 Sputnik (some EU countries like hungary bought the vaccine), ships, train e.t.c Russia is self-reliant. They build everything they use from vehicle to aeroplane to ship to train and so on. |
Re: Putin Wants Rubles For Russian Gas by B2Bmen: 9:43pm On Mar 23, 2022 |
justli:don't forget Europe made China what it is. With out America and Europe China is sychelises |
Re: Putin Wants Rubles For Russian Gas by plaindealer: 9:47pm On Mar 23, 2022 |
AroleOduduwa2: Again, if you are going to argue, how facts, not just talk and peddling your own personal opinion. What Putin want s or clarity has nothing to do with the fact that Europe is actively looking for alternate oil and gas suppliers? What's Putin's payment plan got to do with the fact that Germany already secured long term energy deal with Qatar? We are talking about A and you are rambling about B? Mr man, stop wasting my time unless you are able to counter me with facts that Europe is not looking for other suppliers or that Germany did not secure energy contract with Qatar. 1 Like
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Re: Putin Wants Rubles For Russian Gas by maasoap(m): 9:48pm On Mar 23, 2022 |
Hezzyluv: But now, you do, right? Lol |
Re: Putin Wants Rubles For Russian Gas by plaindealer: 9:51pm On Mar 23, 2022 |
1 Cubic feet of gas or 1 barrel of oil that didn't come from Russia means less money for Russia. Europe and the West won't allow Putin or any unstable lunatic to keep blackmailing them with Gas, never, there are friendly suppliers all over the world including Nigeria. Putin overplayed his hands. |
Re: Putin Wants Rubles For Russian Gas by okorogbo: 9:52pm On Mar 23, 2022 |
5thcolm: Most of you just flow with those tales been told by the West,you were made to believe that Russia has nothing to offer aside from gas and oil Abi? The Gold and Diamond reserve in Russia nkọ? 30% of the world wheat needs is taking care by Russia and Ukraine. How about steel import for ship and building industries. Military hardware's which includes Space Shuttle and Rocket engine's. Revenue from Vodka importation and many more nkọ? Let me tell you, Russia will emerge economically strong from this war if they can stick to that plan, though they will suffer for a while but i can bet you they will stabilize things the way Chinese were able to 1 Like |
Re: Putin Wants Rubles For Russian Gas by okorogbo: 9:58pm On Mar 23, 2022 |
plaindealer: Another ignoramus comment,if they do away with Russia oil and gas,how will they find alternative? You think Europe is like Nigeria where you can gas abi? gas flow through the pipes from end to end,or is there a gas pipeline from Nigeria or Middle east to Europe? or they just start building gas storage overnight and start carrying cylinder the way you do i. Lagos abi? The war is all about survival, Europe will never fight Russia,it is the US that using them to fight proxy war |
Re: Putin Wants Rubles For Russian Gas by olugabbie(m): 9:58pm On Mar 23, 2022 |
5thcolm: Russia export other things like gas turbine, agricultural equipments, aircrafts (not only military but commercial), space vehicle, covid-19 Sputnik (some EU countries like hungary bought the vaccine), ships, train e.t.c It is also the 2nd largest exporter of military equipments in the world. Russia is self-reliant. They build everything they use from vehicle to aeroplane to ship to train and so on. It's oil and gas sector accounted up to roughly 40% of Russia's federal budget revenues. 1 Like |
Re: Putin Wants Rubles For Russian Gas by Bluffly: 9:59pm On Mar 23, 2022 |
CyberWolf:My bad. I actually meant Kuwait dinar Though Qatari Riyal worth far more than Russian Ruble. |
Re: Putin Wants Rubles For Russian Gas by franconian: 9:59pm On Mar 23, 2022 |
stinflame: There's currently no alternative to Russian gas because there are gas pipelines and huge infrastructures built across Europe to transport Russian gas. Even if other gas deposits are discovered today, it'll still require about a decade of huge investment for Europe to move away from Russian gas. |
Re: Putin Wants Rubles For Russian Gas by fydence: 10:03pm On Mar 23, 2022 |
BloomingDale:Leave am make he dey do mum.u analysis |
Re: Putin Wants Rubles For Russian Gas by justli: 10:03pm On Mar 23, 2022 |
B2Bmen: While you may have a point, US also relies on extracting the rest of the world to maintain its position, so no country is an island. But the decision of freezing the asset of a world power and also cutting them off from assessing world reserve currency is unprecedented and will have farreaching consequences in years to come... Other country will see the need to decouple from the dollar, at least partly and if China has become the most dominant trade partner for most of these other countries, I don't see why they should rely on the dollar that currently suffers huge inflation 2 Likes |
Re: Putin Wants Rubles For Russian Gas by gambojimeta: 10:04pm On Mar 23, 2022 |
AroleOduduwa2:LMAO Not everyone would live and die in poverty like you Unlike your friend. I don't need to lie on a faceless forum about living in the UK when he actually lives in a slum in Lagos State.
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Re: Putin Wants Rubles For Russian Gas by Adjovi: 10:04pm On Mar 23, 2022 |
simplesearch: In this case the buyer does not have any upper hand at all. It's the seller sir. |
Re: Putin Wants Rubles For Russian Gas by Adjovi: 10:08pm On Mar 23, 2022 |
MT: You can only do that if you have immediate alternatives. In this case EU has no immediate alternative so they have no choice for now than to do what Russia wants because they are currently too dependent on that gas from Russia. It will take a long while before that of UAE to start functioning at the level of Russias |
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