Russia - Ukraine “peace negotiations”

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Bobfripp said:
Anyone know why the EU didn't look to the USA, and not Russia, for more of its LNG, at least during the Biden admin? It's puzzling they are still relying on Russian gas, but I'm sure there is a reason.
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Most (all?) of Europe wasn’t set up to handle LNG arriving via ship…..or to convert it back to a gas and then transport it to where it’s needed.

Building an LNG facility is expensive as hell and takes a LONG time.

Europe has triple or quadrupled its LNG imports in the U.S. since 2021.
 
Zoo_View said:
Most (all?) of Europe wasn’t set up to handle LNG arriving via ship…..or to convert it back to a gas and then transport it to where it’s needed.

Building an LNG facility is expensive as hell and takes a LONG time.

Europe has triple or quadrupled its LNG imports in the U.S. since 2021.
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So what's the point of sanctions if nobody is going to follow them? Giving lip service to it without actually following through is meaningless.
 
Zoo_View said:
Most (all?) of Europe wasn’t set up to handle LNG arriving via ship…..or to convert it back to a gas and then transport it to where it’s needed.

Building an LNG facility is expensive as hell and takes a LONG time.

Europe has triple or quadrupled its LNG imports in the U.S. since 2021.
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Despite the ongoing conflict in Ukraine, Europe continues to buy LNG from Russia primarily because it is often significantly cheaper than LNG from other sources, making it economically attractive for European companies even though it indirectly funds the Russian war effort; this is especially true when considering the lack of sanctions directly targeting Russian LNG imports.

Key points about Europe's continued purchase of Russian LNG:
  • Price advantage:
    Russian LNG is frequently offered at a discount compared to other suppliers, driving European buyers to prioritize it despite geopolitical concerns.

  • Market dynamics:
    While pipeline gas imports from Russia have significantly decreased, LNG imports remain available and are still being purchased due to the price competitiveness.

  • Infrastructure constraints:
    Existing infrastructure in Europe is often designed to receive Russian gas, making it easier to continue buying from them even while seeking alternative sources.

  • Sanctions limitations:
    Although sanctions have been imposed on Russia, there are currently no direct sanctions preventing the purchase of Russian LNG, allowing companies to continue buying it.

However, it's important to note that:
  • Efforts to diversify:
    European countries are actively working to diversify their energy sources and reduce reliance on Russian gas, including increasing LNG imports from other countries like the United States.

  • Political pressure:
    There is growing political pressure on European nations to further reduce their reliance on Russian energy, potentially leading to stricter sanctions or restrictions on Russian LNG imports.
 
Sad little troll. You probably think that was this past fall.

I'm guessing there's actually no way you went to UNC. You bought a shirt at big lots and just grabbed on to the delusion
 
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Callatoroy said:
So after Europe failed to maintain its sanctions and gave Putin a trillion dollars while not even funding Ukraine at the level of the US, macron wants to call out the US? We can’t actually take this measure, but fuck Europe. They allowed this so they can deal with it. Looks like trump and the US will bail Europe out again.
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Europe gave Putin a trillion dollars via fossil fuel purchases?

Where did you get that information?
 
Callatoroy said:
So after Europe failed to maintain its sanctions and gave Putin a trillion dollars
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Much like Elon Musk and DOGE, you have an inveterate habit of making stuff up to bolster your point. I think you got this from that article you posted earlier, which refers to a trillion dollars in total Russian oil and gas sales and (misleadingly) implies that Europe makes up a large percentage of that - but later mentions in an aside that total European purchases in 2024 were more like $20 billion.
 
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