iBankCoin
18 years in Wall Street, left after finding out it was all horseshit. Founder/ Master and Commander: iBankCoin, finance news and commentary from the future.
Joined Nov 10, 2007
23,431 Blog Posts

GERMANY CUTS DEAL WITH QATAR TO POSSIBLY CEASE RUSSIAN GAS IMPORTS BY 2023

Germany announced a deal with Quatar for LNG, which will be supported by new terminals being built soon — effectively and possibly enabling Germany to extricate themselves from the evils of Russian gas.

Remember the conspiracy theorists during the Syrian-ISIS war that floated the idea of seizing Syria in order to get a pipeline from Qatar into Europe?

After clinching gas deal with Qatar, Germany’s economy minister says, ‘we might still need Russian gas this year, but not in the future’ and adds ‘he who has ears should start to listen’.

Well then, the pipeline never happened, so they’ll just have to do with LNG.

Much of the glue that has bound nations in peace since ww2 was reliance upon one another for trade. This is the very basic idea behind free trade and the EU. Well, due to the Ukrainian conflict — all of that has stopped with Russia. Historically speaking, casting out a power such as Russia has led to conflict. Will Russia become a hermit state like N. Korea or continue to make provocative moves in Europe?

Does Russia strike you as a country that likes to be ignored?


Catherine Palace, Russia

Some recent developments in the war of note.

Russia used hypersonic missiles that cannot be intercepted to destroy Ukrainian arms depots. NATO said they tracked them — but they are believed to be unhittable via anti-aircraft batteries.

Southern Ukraine is on the verge of collapse for Zelensky and capitulation should be inside of a week.

Only the areas around Kiev appear to be holding up. Casualties on both sides are high, but substantially higher on the Ukrainian side — something not cited at all in western media and useless OSINT accounts on Twitter.

By May the war will be wrapped up, but the sanctions will persist and then we get to worry about Russia’s next move. It should make for a hot summer!

BONUS: Lukasheno’s forces are on the move, perhaps en route to seal the Polish border on the Ukraine side in order to prevent arms being shipped into the country.

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3 comments

  1. roguewave

    Everything seems like it’s been thought through thoroughly.
    except Germany not having LNG terminals yet. Get them by Monday on Amazon.

    DAlperovitch
    All 4 major international oilfield servicing firms have now left Russia: Halliburton, Schlumberger, Baker Hughes and Weatherford International
    Russia will struggle with exploration and servicing of fields without them. China cannot substitute for that lost expertise and tech

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  2. roguewave

    Auto inventories ATL?
    https://twitter.com/mbusigin/status/1505632649271992322
    inflationary? nah

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  3. tha pirate

    Hunter’s Laptop says:

    Remember folks, keep your eyes on the Russians, never on me.. (and if you do expose the ‘big guy’ or me, it is “Russian Disinformation” anyway so my leftist mainstream media cohorts will ignore it!)

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