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Nairaland Forum / Nairaland / General / Politics / Foreign Affairs / Russia Says It Will Cut Off Gas Supply To Europe (930 Views)
Germany To Use Firewood, Coal If Russia Cuts Off Gas Supply / Russia To Cut Off Gas Supply To Poland & Bulgaria Over Refusal To Pay In Rubles / Russia Says It Won't Cut Off Gas Supplies Yet In Rouble Payment Row (2) (3) (4)
Russia Says It Will Cut Off Gas Supply To Europe by Dre555: 8:59pm On Mar 28, 2022 |
Russia says it will cut off gas supply to Europe after G7 vow The Group of Seven major economies has agreed to reject a Moscow demand for gas to be bought only in Russian currency. Russia's Vladimir Putin made the demand last week of "unfriendly" countries - presumably those that have imposed sanctions. He instructed the country's central bank to work out a procedure for buyers to acquire rubles in Russia, in a move apparently designed to support the currency - which has collapsed against other currencies. Germany's energy minister has said meeting the demand would be a "one-sided and clear breach of the existing contracts". He added that "payment in rouble is not acceptable and we will urge the companies affected not to follow [Russian President Vladimir] Putin's demand". In retaliation, a Russian politician said the G7's refusal will definitely lead to a halt in supplies, according to Ria news agency. Many European countries rely on Russian gas, although the UK has already banned imports. 1 Like |
Re: Russia Says It Will Cut Off Gas Supply To Europe by DoctorOlasDesk: 9:02pm On Mar 28, 2022 |
Russia fighting back 1 Like |
Re: Russia Says It Will Cut Off Gas Supply To Europe by tnerro1(m): 9:03pm On Mar 28, 2022 |
Abeg make una fight this fight finish so we fit move on to other things na 1 Like |
Re: Russia Says It Will Cut Off Gas Supply To Europe by Givelife(m): 9:05pm On Mar 28, 2022 |
These global events leave one unsure of the future |
Re: Russia Says It Will Cut Off Gas Supply To Europe by Hezzyluv: 9:06pm On Mar 28, 2022 |
tnerro1: Their fight sef don make covid19 die natural death 5 Likes |
Re: Russia Says It Will Cut Off Gas Supply To Europe by Camelot65: 9:08pm On Mar 28, 2022 |
Hezzyluv:Covid 19 still in China 2 Likes |
Re: Russia Says It Will Cut Off Gas Supply To Europe by chronique(m): 9:21pm On Mar 28, 2022 |
How they intend to force Russia to sell the gas to them is what I want to know. 6 Likes 1 Share |
Re: Russia Says It Will Cut Off Gas Supply To Europe by MangekyoAlt: 9:22pm On Mar 28, 2022 |
All those countries that rely on Russia but still had the audacity to sanction Russia. Countries like Germany. Make all of them prepare for Recession. It is about to hit them hard, it will be swift and painful. Please russia should go about this plan immediately and without delay! Them think say, Russia is Iraq, North Korea, lybia or other small countries like Even USA that only do without talking. Russia puts its money where it's mouth is. By 31st of this month, all those dirty EU countries that refuses to pay in Ruble will be cut off. No time for nonsense. Next time they will think twice before expanding their shitty alliance to the doorstep of a sleeping bear as that is the cause of all this 9 Likes 1 Share |
Re: Russia Says It Will Cut Off Gas Supply To Europe by Saxxon(m): 9:25pm On Mar 28, 2022 |
Putin's "mother Russia" chanting bingos will soon swarm this thread. Aha! See one of them above |
Re: Russia Says It Will Cut Off Gas Supply To Europe by MangekyoAlt: 9:27pm On Mar 28, 2022 |
chronique:Force ke? they will plead for mercy instead. The cheap oil that they've been enjoying is about to be turned off. They said some German citizens were offered free potatoes but refused to take saying it would be too expensive to boil. I wonder what would happen to the EU when Russia turns off the tap. I'll save my laugh for that time 8 Likes |
Re: Russia Says It Will Cut Off Gas Supply To Europe by Dre555: 9:30pm On Mar 28, 2022 |
Russia vs Europe oil and gas war, who go win? |
Re: Russia Says It Will Cut Off Gas Supply To Europe by chronique(m): 9:30pm On Mar 28, 2022 |
MangekyoAlt: Those folks are not just reasoning at all. Their economy is about to crash. Germany especially. 5 Likes |
Re: Russia Says It Will Cut Off Gas Supply To Europe by MangekyoAlt: 9:38pm On Mar 28, 2022 |
chronique:The present PM doesn't reason at all. If Merkel was still in charge of Germany, I guarantee you that Germany would've remained neutral or even if they slammed Russia, they wouldn't have sanctioned Russia. Don't you see turkey? Turkey has slammed Russia repeatedly. Times upon times upon times without number. But one single sanction dem no ditch out. Russia didn't mention them in their unfriendly nation list. Infact the next round of peace talk is going to take place in Turkey I just dey laugh Germany because Germany is a country that produces a lot of things to sell abroad. They need cheap oil to maintain their production. We've seen how vulnerable they are to oil unavailability or high price. Their biggest trade partner is China, followed by Russia. Without any of these two countries, they would find themselves in recession. Yet them no think about their citizens, like turkey did. They join USA dey slap sanctions on Russia. They joined all the round 1, round 2, Round 3, etc rounds of sanction on Russia alongside Japan who has been begging russia to give them back Kuril island. People dumb iswaer 10 Likes 1 Share |
Re: Russia Says It Will Cut Off Gas Supply To Europe by WarriAproko: 9:41pm On Mar 28, 2022 |
Lord Putin. It is about to hit them hard. 2 Likes |
Re: Russia Says It Will Cut Off Gas Supply To Europe by leofab(f): 10:11pm On Mar 28, 2022 |
Alternative is already at the corner 1 Like |
Re: Russia Says It Will Cut Off Gas Supply To Europe by sanpipita(m): 10:34pm On Mar 28, 2022 |
Russia has existing contract with these nations and suddenly think they can switch it up, anyway they will drink this their oil at very last, let them go and find who will replace EU market for them, the power is with the buyer not the producer. 1 Like |
Re: Russia Says It Will Cut Off Gas Supply To Europe by MangekyoAlt: 10:46pm On Mar 28, 2022 |
sanpipita:USA had contract with Russia too. Their warnings to Russia was "invade Ukraine and we'll sanction everything". Russia invaded and they placed embargo on Russian oil in the US. Russia is now telling the EU "fail to pay in Ruble, we will not sell to you again". Who gives a damn about contracts? Do you even realize that there are countries in other continents outside Europe? Or wait, do you think there aren't other continents outside Europe in this world? Russia has big customers in Asia. And ever since this row started, they've started making plans to start selling to Africa. Read here https://allafrica.com/stories/202203280344.html Russia is a member of OPEC! they will NEVER look for customers 4 Likes 1 Share |
Re: Russia Says It Will Cut Off Gas Supply To Europe by chronique(m): 10:51pm On Mar 28, 2022 |
sanpipita: A country that the west is doing everything to isolate and ruin, you still expect that country to honor contracts with the same west trying to ruin them? Only a foolish person will do that. 4 Likes 1 Share |
Re: Russia Says It Will Cut Off Gas Supply To Europe by baralatie(m): 11:07pm On Mar 28, 2022 |
chronique:Well they will come back to dialogue and the sanction will have to be lifted I guess 1 Like |
Re: Russia Says It Will Cut Off Gas Supply To Europe by sanpipita(m): 11:09pm On Mar 28, 2022 |
chronique: Ruin them how? if they didn't invade Ukraine will anyone sanction them? Russia are not known to honor contracts anyway they will drink their oil |
Re: Russia Says It Will Cut Off Gas Supply To Europe by Truvelisback(m): 11:20pm On Mar 28, 2022 |
sanpipita:After Seizing Billions of their money in Dollars and u expect them to still sell to them in Dollars? No. 2 Likes |
Re: Russia Says It Will Cut Off Gas Supply To Europe by Svlla: 11:22pm On Mar 28, 2022 |
Russia will sell its oil that is a guarantee What is not guarantee is where EU will get even one quarter of 150BCM of gas Because the answer is nowhere America dey promise 15bcm like day dat one even scratch the surface sanpipita: 4 Likes 1 Share |
Re: Russia Says It Will Cut Off Gas Supply To Europe by Svlla: 11:23pm On Mar 28, 2022 |
An impending energy crisis is on the horizon and it will hit EU hard 2 Likes |
Re: Russia Says It Will Cut Off Gas Supply To Europe by sanpipita(m): 11:43pm On Mar 28, 2022 |
Svlla: Where does Russia gets it's guarantee of selling oil if it cuts off EU market? Buyers are the kings not the producers |
Re: Russia Says It Will Cut Off Gas Supply To Europe by Nobody: 11:50pm On Mar 28, 2022 |
sanpipita:Unfortunately, this is one scenario where the seller by happenstance becomes more powerful than the buyer. The sanctionee is asking the sanctioner to work against its own sanctions. Refuse to play by my rules, you will not only freeze to death, your gas driven economy will collapse before your own eyes. The very thing the sanctioner set out to achieve in the first place. A perfect checkmate! The sanctionee has other markets like Asia and some Europeans like Hungary are already breaking ranks, but the sanctioner has nowhere to source for alternatives, at least until the next 5 years. Wow, to be a big country and a super power no be beans. 2 Likes |
Re: Russia Says It Will Cut Off Gas Supply To Europe by sanpipita(m): 11:56pm On Mar 28, 2022 |
princeeze1: These countries are rich and Russian's biggest buyers, who is Hungary and Asia markets to what countries like Germany spend, Russia even had to sell on discount to India, unless this is what they want then good for them 1 Like 1 Share |
Re: Russia Says It Will Cut Off Gas Supply To Europe by Nobody: 12:02am On Mar 29, 2022 |
sanpipita: China, the world’s biggest importer of crude, India, the third largest importer of crude are already rushing it. As for gas, EU is just one market. (Nord stream & yamal) are both European pipelines. We also have power of Siberia 1 $ 2(China), Turk stream, Pak stream, Sakhalin 1 $ 2(Japan; 60% of Japanese gas comes from here, pipeline managed by Mitsubishi). So where to sell is not an issue. 2 Likes |
Re: Russia Says It Will Cut Off Gas Supply To Europe by Nobody: 12:04am On Mar 29, 2022 |
sanpipita: In this case, no one is interested in wether you are rich or not. It’s a checkmate. If you do not play ball, you will not only freeze, your gas driven economy will crumble. Europe is driven by cheap Russian gas. At least until 2027, they have no replacement. It’s the buyer in trouble here not the seller. 2 Likes |
Re: Russia Says It Will Cut Off Gas Supply To Europe by Horus(m): 12:27am On Mar 29, 2022 |
https://www.youtube.com/watch?v=dFOu7uMD6Q4 'Nobody can replace Russian gas supply overnight.' Qatar's energy chief responds to Zelensky's call 1 Like 1 Share |
Re: Russia Says It Will Cut Off Gas Supply To Europe by sotall(m): 12:27am On Mar 29, 2022 |
Re: Russia Says It Will Cut Off Gas Supply To Europe by gambojimeta: 12:45am On Mar 29, 2022 |
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