EU shamed: Russia rakes in £79.4bn in energy exports since start of war: 'Support Ukraine'

[SaadH]

The whole world is buying Russian oil on the spot market, because believe it or not the sell and purchase of this oil is not banned.

Except for the neutrals of Pakistan

 

[dBSPL]

@Apollon

What happened, Boy?

Russian crude already transporting to asia by Greek shipowners. Greek companies carry 65% of Russia's total oil exports by sea. That's why Greece fought to exclude maritime transport under EU's Russia sanctions.

So, of course, each individual may have their own opinion, but the increase in Russian oil exports is not a negative thing for the Greek state.

 

[beijingwalker]

Go and travel there now. I can go right at airport and fly there without Visa. you cant. You cant even leave your house when Winnie the Pooh orders it.


Eastern Germany was under communist tyranny until it got free of this shit.

Where is Greece?

 

[Apollon]

Can you be more funny? You didn't see Chinese tourists overwhelm every country including Greece, did you? do you want a detailed number

Close to zero now. And most likely wont be high in future again since China locks them in. Winnie the Pooh is a cruel mistress

 

[beijingwalker]

Close to zero now. And most likely wont be high in future again since China locks them in. Winnie the Pooh is a cruel mistress

Where is Greece?

 

[Apollon]

Where is Greece?

View attachment 853849

We have 2022 amigo. 2022.

Where is Greece?
View attachment 853850

My nationality is on rank 3. And contrary to you, i can go whole world. In this november i fly Argentina and then go on antarctic cruise with Hurtigruten.


While you sit inside and Winnie Pooh circles your house.

 

[beijingwalker]

We have 2022 amigo. 2022.



My nationality is on rank 3. And contrary to you, i can go whole world. In this november i fly Argentina and then go on antarctic cruise with Hurtigruten.


While you sit inside and Winnie Pooh circles your house.

Now it's covid time, China is safer, it's not a good time to travel to virus infested countries, before covid, China had 160 million people traveling overseas a year, several times than that of US, what's the number of Greece?

10 Mar 2020 — 国内旅游市场和出境旅游市场稳步增长，入境旅游市场基础更加稳固。中国公民出境旅游人数达到1.55亿人次

 

[beijingwalker]

Number of outbound tourists departing from China (in millions)​

 

[Viet]

EU shamed: Russia rakes in £79.4bn in energy exports since start of war: 'Support Ukraine'​

THE EU has been shamed as Russia made £79.4billion during the first 100 days of the Ukraine war from the sale of oil and gas according to a new report.​

By JAMES LEE
11:16, Mon, Jun 13, 2022 | UPDATED: 11:16, Mon, Jun 13, 2022

View attachment 853824

The news comes as global reliance on fossil fuels continues as industries emerge from the effects of the global Covid pandemic. With Russia being a major energy supplier to the EU, the figures although lower than in previous years comes as no surprise.

According to the Centre for Research on Energy and Clean Air (CREA), the EU was the recipient of over 60 percent of Russian fuel exports.

Russia has taken advantage of the need for global energy through the sales of oil and gas, contributing to the funding of its ongoing war in Ukraine

In spite of global efforts to apply punitive sanctions against Moscow, the EU has been reluctant to completely halt Russian energy supplies, although the quantity has reduced since the start of the war.

CREA's lead analyst Lauri Myllyvirta said of the current international sanctions against Moscow: “The progress to date is far too slow given Ukraine's urgent need for support.

“Much stronger action is needed to cut off the flow of cash to Russia.

“Globally, we need to speed up the deployment of clean energy to replace fossil fuel imports and ease the high fuel prices which are driving up Russia's revenues.”

The EU has pledged to further reduce the reliance on Russian energy by the end of the year.

Alternative sources of gas have been proposed, with both Iran and Qatar both offering to supply Europe.

However, neither country has an established logistical infrastructure to the EU, making the supply both costly, and lagging behind already installed Russian pipelines.

The United States has also offered to supply LNG to Europe, with ships transporting quantities over to Britain and the EU.

According to CREA's research, India, France, China, the United Arab Emirates and Saudi Arabia all increased imports in recent times.

India has purchased around 18 percent of Russia's crude oil exports, with France the largest buyer of discounted liquid natural gas and oil, continuing imports on the short-term market.

Mr Myllyvirta said: “The exports of Russian oil to new markets are being enabled by Greek and other European shipping companies.

“As Russian oil is shipped to more distant markets, more tanker capacity than ever before is needed for the transport.

“80 percent of the tankers carrying Russian oil to India and the Middle East, for example, are European or US-owned.

“This should be the next focus of EU action.”

The data was calculated by CREA by tracking cargo ships, shipping data, gas pipeline flows, and by estimating the value of imports using its own pricing models.

According to the International Energy Agency (IEA), Russia relies heavily on revenues from oil and natural gas, which in 2021 made up 45 percent of Russia’s federal budget.

In 2021, Russian crude and condensate output reached 10.5 million barrels per day (bpd), making up 14 percent of the world’s total supply.

Russia has oil and gas production facilities throughout the country, but the bulk of its fields are concentrated in western and eastern Siberia.

In 2021 Russia exported an estimated 4.7 million bpd of crude, to countries around the world.

China is the largest importer of Russian crude (1.6 million bpd), but Russia exports a significant volume to buyers in Europe (2.4 million bpd).

Russia currently enjoys the world’s largest proven reserves of gas, with 24.3 percent of total global reserves.

Moscow also has 107billion barrels of proven oil reserves, making it the 6th largest in the world.

Russia makes £79.4bn in first 100 days of war from oil and gas

THE EU has been shamed as Russia made £79.4billion during the first 100 days of the Ukraine war from the sale of oil and gas according to a new report.

www.express.co.uk

This will just accelerate the transformation. Away from oil and gas, away from Russia. To renewables, to hydrogen, to nuclear. 5 or 10 years from now major of new cars will be electric. My next car will be electric full autonomous driving.

 

[beijingwalker]

This will just accelerate the transformation. Away from oil and gas, away from Russia. To renewables, to hydrogen, to nuclear. 5 or 10 years from now major of new cars will be electric. My next car will be electric full autonomous driving.

Good luck.

The EU needs renewables to curb Russian fossil fuel dependence. For these, it's dependent on China​

By Alice Tidey • Updated: 09/06/2022

People walk past solar panels at a photovoltaic power station in Songxi county in southeastern China's Fujian province. - Copyright Chinatopix via AP

Russia's invasion of Ukraine has exposed the European Union's dependence on Russian fossil fuels and accelerated the bloc's transition into renewables.

But while no country has a monopoly on the sun and wind, the EU is highly dependent on China for the technology to capture their power.

More than 80% of the world's supply of photovoltaic modules produced yearly since 2010 have been manufactured in Asia. China alone supplied 67% of the module production in 2020, according to the Fraunhofer Institute for Solar Energy Systems.

In fact, eight of the world's 10 biggest solar panel companies and manufacturers are now Chinese with Canadian Solar and the US company First Solar occupying the eighth and 10th places respectively.

In wind, European companies still have an edge with Denmark's Vestas and the Spanish-German Siemens Gamesa on the podium's two top rungs while Germany's Nordex ranks as the eighth biggest manufacturer worldwide.

But China is also quickly gaining ground with six of its companies included in the top ten.

Beijing's control over the renewable sector is now felt throughout the entire supply chain. About 80% of the components needed to manufacture a wind turbine are produced in China as are 97% of the silicon wafers necessary to build a solar panel.

Forty-five percent of the world's production of polysilicon, a key raw material in the solar photovoltaic supply chain, is produced in Xinjiang, the region in north-west China.

China is also a key player in other raw materials including rare earth minerals that go into renewable technologies. More than 70% of the lithium-ion batteries that entered the market last year were produced in China.

"As the geopolitical environment is changing, these dependencies now are creating real risks," Dr Janka Oertel, director of the Asia programme and senior policy fellow at European Council for Foreign Relations (ECFR), told Euronews.

"We cannot afford to be dependent on China in the most kind of viable industries and the most viable networks like telecommunications and our energy infrastructure that is increasingly in the future going to be incredibly connected and very much digitalised, very much driven by kind of software where risk is just higher," she added.

The EU wants more renewables. For these, it's dependent on China.

About 80% of the components needed to manufacture a wind turbine are produced in China as are 97% of the silicon wafers necessary to build a solar panel. #EuropeDecoded

www.euronews.com

 

[大汉奸柳传志]

This will just accelerate the transformation. Away from oil and gas, away from Russia. To renewables, to hydrogen, to nuclear. 5 or 10 years from now major of new cars will be electric. My next car will be electric full autonomous driving.

petrol cars are what Germany is good at, EVs are not. imagine the germans buying imported cars

 

[ckf]

EU consumers will be in shack and awe especially the Balkan states. Russia can make more money now by reducing Natural gas price to push up prices. EU is screwed.

First war, then fire: The global LNG outlook is volatile

A fire at an export facility near Houston could send shock waves through global gas markets if the liquefaction plant's closure is prolonged. It adds to the

www.eenews.net

Europe’s Gas Prices Surge 13% As Russia Reduces Nord Stream Flow | OilPrice.com

Gas prices in Europe jumped on Tuesday after Russia’s Gazprom said that it would limit natural gas supply via the Nord Stream pipeline to Germany by 40 percent

oilprice.com

 

[Foinikas]

And now Zelensky demands 1,000 artillery,500 tanks and 300 MLRS.

They had 5-6 years to prepare and they did little about it.

Now EU has to suffer because of Ukraine? Well,you got what you got,now either win or negotiate with the Russians.

So, of course, each individual may have their own opinion, but the increase in Russian oil exports is not a negative thing for the Greek state.

It's a good thing,but Apollon is fixed on destroying Russia. He thinks the Soviet Union back in the 1950s

 

[jhungary]

This title is being very deceptive.

EU as a whole paid around $51 billions since Feb 24 for Russia oil and gas, the 79 billions pound (or 97 billions dollars) is on the entire sale to the world.

Germany paid Russia more than $12.5 billion for fossil fuels over the first 100 days of the Ukraine war, analysis finds

Russia earned $97 billion from fossil fuel exports from the start of the war to early June despite sanctions, according to CREA's analysis.

www.businessinsider.com

On the other hand, that money did not do much seeing how most Russian bank are sanctioned. Unless it is paid in Rouble (Which most big contract don't) Russia can't use them. They can't use any of those 51 billions until Russian bank have the ability to clear it.

 

[ckf]

And now Zelensky demands 1,000 artillery,500 tanks and 300 MLRS.

They had 5-6 years to prepare and they did little about it.

Now EU has to suffer because of Ukraine? Well,you got what you got,now either win or negotiate with the Russians.


It's a good thing,but Apollon is fixed on destroying Russia. He thinks the Soviet Union back in the 1950s

How America has fallen, Zelensky demanding weapons from America? Trump told Zelensky to fcuk off unless hunter biden get thrown in Jail, and now Papa Biden stuck in no man's land. How times has changed, and Zelensky got a lot of dirt on Biden.