Why Europe can't stop with Russian Gas
HTML-код
- Опубликовано: 6 июн 2024
- Get Surfshark VPN at surfshark.deals/intoeurope - Enter promo code INTOEUROPE for 83% off and 3 extra months for FREE!
Into Europe: Europe is dependent on Russian natural gas, which makes up 40% of its total supply. With the Ukrainian conflict, and the sanctions Europe has imposed on Russia, Europe continues to buy Russian natural gas.
So how did Europe get so dependent, and what can be done to fix its dependency?
Music:
Another Night - Cody High
Stay Here - Cody High
Moscow Sidewalk - Mike Franklyn
Contemporary Confusion - Cody High
Eminence Landscapes - Ian Post
Counting the Days - Coy High
© All Rights Reserved.
Contact information:
Email: Into.Europe@outlook.com
Twitter: / europeinto
Patreon: / intoeurope
Hi everyone, a lot has changed in the last 2 months since I started making this video (the war). I tried to incorporate as many of the recent developments in this video, but have been fighting a losing battle with the 24 hour news cycle. Here is a small (non-exhaustive) list of some of the things that have changed:
-Germany announced that it would go 100% renewable by 2035
-Italy is negotiating with Algeria for natural gas
-The EU's imports of Russian gas reached an all-time high money wise (Bruegel report)
Feel free to add anything that seems relevant.
Cheers,
Hugo
Perhaps a follow up video on how Europe wants to diversify energy supply and an analysis on the short term consequences for taking such a stance?
Surfshark stated placing warnings on websites and flagging them with misinformation labels. don't use it. a VPN company should never act like your nanny. use any other vpn
You left alot of details which makes this one sided but I understand that's how western "civilized" propaganda works.
2:50 What year is that graph from? Estonia carried out a ban on Russian gas somewhere in the 2016's. It closed off it's main pipeline with Russia that went trough Narva to Tallinn. They instead started buying first gas (Russian) trough Latvia, until 2020 January 1 when they opened the Balticconnector. It now mainly buys gas from Denmark and Norway, trying to be as little as possible reliant on Russia. (I couldn't add links, but Eurostat has statistics on how reliant a country is on other countries for it's energy) But instead of again doing the same mistake and becoming energy reliant on some country like Denmark or Norway, as had happened with Russia, they started to produce their own gas. Landfills and farms now are producing so much gas that they actually have started to sell it to neighboring countries. Thought it was first state subsidized, it has now become economical and the system, shows that it could be implemented all around the Europe.
@@tankart3645 there s nothing but intentional lying narratives on this issue, even Germany, from the entire energy source, only 15% was from natural gas in 2021 (and not all of it was russian), many other European countries don t even have substantial use of gas or have other sources of gas. yes, its important to not give leverage to russia, but the portrait thats constantly done, is very different from reality
the early shut down of nuclear energy truly is beyond bonkers in this situation.
I really wish they would actually think of that as a real option. Europe has always annoyed me with it's inability to think strategically.
The nuclear fuel is also from Russia, they export 40% world share. If Russia can cut off oil and gas, it can also cut of nuclear fuel supply. If nuclear becomes a stiff demand, the cost will also be high.
@@wm7531 But Uranium is much cheaper than natural gas - the cost of nuclear power is primarily in the construction of the power plant. You also don't need as much of it, and it can be transported on cargo ships. We could buy Uranium from a lot of other places.
It's due to old money man. Nucear is expensive and time consuming to build while coal and natural gas is miles ahead in turnover time at a fraction of the construction cost. So with that established, many of the newer plants get shut down bc the established players gate keep the energy industry. It happened in Germany i think where a relatively new coal plant got shut down while the older more inefficient plants remain Operational. So while the construction of the new plant is going on, talk is in place with rep from the old coal plant and gov. officials to do a little under the table business to shut it down bc the older plant will be shut down later due to them being undercut in energy price.
If 2 people buy the same amount and grade of coal but 1 person can generate more power, it means cheaper energy for the consumer while the person thats inefficient with power generation will slowly be priced out and close down. That's whats going to happen if the newer more efficient plants come online and stay, same thing with nuclear.
@@fuckedupbody4194 or in short .. corruption
both with the anti nuclear sentiment which created this dangerous situation the first place aswell as with letting old dirty inefficient coal plants run and shut down newer ones due to ... "political convenience" i.e. "bürgerbegehren" to get rid of theirs in their proximity .. because electricity can be transported .. so let other people have the pollution for our electricity
It amazes me time and time again how you pull off such a high quality with so few people involved.
the graph at 2:49 is either wrong, or has outdated data.
Romania appears to be importing 75-100% of its gas consumption from Russia, when the highest imports in recent times were in 2021 (40%) and in 2019 (23%)
Yeah, Romania is one of the most energetically independent countries in Europe. We could do without gas imports if we started to exploit the gas from the Black Sea.
Thank you for shedding light on this! You never heard about the former politicians getting these cozy jobs. It's sad that this corruption and foreign influence is only being exposed now that there is a war on these politician's doorsteps. This shouldn't have been allowed!
Love every video Hugo! Keep on researching! :) Btw would love to see a vid on the future of nuclear in Europe, with a deep dive on EPR-reactor economics (most commonly used in EU, and often the planned design for new plants) versus the fossil and wind/solar alternatives. Especially after the recent pains of gas dependence and resurgence of interest in nuclear in the EU I think it would be a natural successor to this video.
Thank you! I am considering making one on the possibility of 100% renewables (since I already previously taked about nuclear energy) but I have to see how that fits in my schedule coming weeks. Talking about 100% renewables would also have a part about nuclear energy ofc.
Cheers!
Hugo
Interesting and NEVER MENTIONED fact about nuclear power...
Nuclear Power is dependent on the climate / weather just as wind and solar.
Several nuclear power plants in Europe are shut down because of
1. To warm weather causing to high cooling water temperatures leading to insufficient cooling of the reactor.
MORE COMMON
2. Not enough water in the rivers used for cooling the reactors
You really have to build nuclear power plants by the sea IF YOU CAN, not everybody can...
and as we know Japan built Fukushima by the coast... did not really help them lol.
A bit "Ironic"
Well one can always turn for coal in winter. Also Germany should just stop closing nuclear power plants like an idiot and Europe would have less dependency on Gas.
... and more nuclear waste
@@AnnaIsHere wich is almost nothing
Coal causes emissions, gas has less emissions and having a few nuclear power plants keep baseline unless it becomes a national security thdeat
@@duruarute5445 Not with the heats refinery it'll provided the both airs heats pipes and electrics to the generator's that'll draws less powers, more outputs
This is seriously such a great and especially original channel. I've been looking for something like this for a while because Europe is such an exciting continent, but most of these culture-and-politics channels are focused on the US or single European countries
Thank you! This is what I am trying to do :) I want people to learn that the problems we face are European in nature and transcend borders!
Well... it's significantly cheaper than other energy resources so much that it's entirely discouraging to find other sources to the extent that Europe needs.
"Trump dumb = Me smart"
Some politician in Europe.
I live in Moscow my gas in my apartment only costs $0.50 US cents per month.
bullshit
AKA 3 trillion Rubles.
On a more serious note, housing in Moscow is *insanely* expensive, and with inflation it's getting more and more ridiculous. Gas prices are the least of your worries. 😬
It’s lie. I’m from Kazakhstan. We exporting gas too. And we are the Transite country of gas from Central Asia to Russia.
Even we pay much more. Taking into account that Moscow is much expensive city than any city of Kazakhstan.
@@2hotflavored666 snap back to reality, 50 cents is now cost 41.125 rubles
I can tell you why. Because EU politicians were as guillable as children thinking you can pump billions of dollars into pockets of a dictatorship with imperialistic ambitions without consequences. I hope this tragedy will serve as the final wakeup call.
They don't pump dollars though. They pump euros 😂
And solution was such simple - pull out Nato base from Russian boarder. Wooden heads don’t want
@@blabladuweier8654 no pesos
@@marynamalitskaya3534 wonder why they hadn't attacked 18 years ago when estonia joined then... thats a BS reason. Taths just what putin liked to often put forward, then it became dezanification of ukraine...
Great video. Very insightful!!! One thing that I was left wondering though is.... what about those pipelines from Northern Africa on your map? Are they able to scale up production somehow?
Hi Joeri!
Thank you for dropping by! :) To answer your question: while those pipelines could technically transfer more gas, the structural absence of investment in new gas fields there means there is limited capacity in the short term (especially since local consumption is increasing).
Cheers,
Hugo
ruclips.net/video/Wk5tmOj1tCM/видео.html&ab_channel=restABV HEROES OF UKRAINE --
It's not a problem in Russian gas, it's a problem in NATO cowboys.
Russia will sell gas to someone else.
If Europe doesn't want to, no one is forcing them to buy.
What about China, North Korea, Iran, the whole of Africa, South America, India, Saudi Arabia ... They don't want NATO soldiers. Which country will send you terrorists?
Portugal and Spain have 8 ports ready to import lots of LPG from the US and other countries that are relativelly empty because of the supply chain colapse.
but there is no major Iberian-france conection. this is something that should be discussed.
How long would it take to raise natural gas pipeline capacity between Iberia and France?
@@hyric8927 A long time. but it was blocked by france in the last french government.
Macron ofered to pay for it in his goverment, but this time, Spain blocked it due to lobbying by the iberian energy comapanies that charge Spaniards and portuguese an uncompetitive price that could be ruined by the introduction of competitors (the pipeline project was part of a broader energy project to conect the iberian market with the Central european one). if this was already started when it was suposed to, it would already been done and operational.
Bro Here(USA) cuz of those Green Fascist Fracking is highly restricted so we are getting fraction of what NG we can get and we recently ordered to decommission 2 nuclear powerplants and EPA isnt letting one Hydro dam to bulid cuz of fishes there. So we need way more NGs to Supply us.
If this LPG comes to Europe, it means it will not be in Asia, and the prices Asia are much higher than Russia gaz. This will give an even bigger jump in prices than now. Already today, prices on exchanges in the EU are 3,500 euros and what will happen if Russia screws the valve a little? LPG limited quantity in world and it is contracted. By the way, Russia also produces LPG - 10% of world supplies. Russians have this gas contracted for 20 years ahead! No one will tear up contracts for the EU, this threatens serious losses even for US companies.
the volume of LNG that port can handle doesn't compare with the pipeline and there also transit time
2:53 For Romania this is not true. Romanian internal production ~= 80% of the total consumption.
You're right, I made a mistake while editing. My apologies.
-Hugo
Gas in Europe went from $800 to $3,800, it's a disaster, sanctions are killing Europe's economy
I hope sanctions will kill Putin's Russia
Good video!
One minor criticism, 7:08 the pipeline doesn't go through Armenia, it goes through Georgia.
Other than that, good job!
That is a very important detail, though. It’s the reason why Putin expanding in Georgia as well. He seems to be attracted to pipes.
@@Constantine_Brooks The general reason is that Putin does not like democracies at it's border. Plain and simple.
Of course the fact that it's an economic threat doesn't help tho...
@@fabulouscat3911 cose they all usa puppets, just like ukraine.
@@Tw1ce_born isn't your economy collapsing or something? Now is hardly the time to talk about that 😂
@@fabulouscat3911 this is what you r thinking lol, we aint give a shit about your crappy sanctions or swift cose we created our own system long time ago. Your companies already replaced by china (not all of them, but soon). Will see who will suffer more))
I know this is a national problem for Poland and not an EU-wide fiasco, but as much as we can thank the SLD-PSL-UP coalition government for leading Poland inti the EU, we must also "thank" them for not renewing contract to gas supplies to Norway, making Russia have a de facto monopoly over our gas supplies. PiS and PO both had many worse scandals than what happened during the 2001-2005 government, but let's not pretend severing contracts with Norway didn't harm Poland's and to an extent EU's interests in the long run.
fatally, Europeans do not speak how anti EU parties have been helped and funded by putin, sometimes even openly, he literally attended a wedding of an austrian anti EU politician, it seems a joke but its true, only now we have European youtubers talking about things like that
I can imagine what are the prices Norway can offer for their gas.
Germany too contributed to make Europe more dependent
@@rhythmicmusicswap4173 Germany is the least of the culprits, but as always everyone hides far bigger issues by pointing at Germany, i m not german btw
You are kidding me right?
Congratulation to every country who had the brillant idea to get rid of nuclear power, really clever guys.
Limiting Europeans to react??? Have you seen all of their sanctions?! Did it limit them???
insanely underrated channel. great work. please keep going.
Thank you!
Great channel! Keep up the good content! 💪
What's the music from the first minute?
Hi. Maybe some update? Europe is now mostly russian gas free (only Hungary AFAIK receives it) and honestly it looked out we got out of it quite well.
Amazing video! I am curious of your thoughts on the future of Nuclear, especially small and molten salt reactors and also the so called Mahnattan Green project
There must be a cartoon somewhere which depicts Europe's opiate addiction to Russian 'conflict gas' with blood money worth €1 bn per day.
Thanks for the video, very well put together.
Groeten,
France is overwhelmingly nuclear / electric, both currently and by future strategy.
I promise you you'll channel will be very very big in the future
keep on the good work thanks
The 5 year AVERAGE Dutch TTF (European Benchmark) price for September contacts 20 Euro, TODAYS price for September Contracts > 200 Euro an INCREASE of > 950%
Basilicata and the Adriatic Sea contain sizable reserves of natural gas, but it was just cheaper to get Methane and Propane from Russia, so the extraction was abandoned.
I wish you have mentioned some countries like Germany and Poland and theirs different approach to gas supply in previous year's and now
Ireland has oil and natural gas of our borders, which I hope can help transition away from Russia. Also with the British isles and France, we are able to get a lot of tidal power which can also lower electricity prices
The reserves of Irish gas and oil will not be enough for a long time. And you don't have permanent sources and pipes of gas and oil lol 😂
@@Anonymous-qj3sf pipelines can be built going to Central Asia that will be able to completely replace all of our natural gas and oil needs. We won’t need as much in the future since France is going to be exporting a bunch of nuclear power, with time ireland can easily export tidal and wind power, and so can the uk, Norway, Denmark, Sweden and even France.
@@Flipflopflopper There is no nuclear power in germany
@@FlipflopflopperOur government finally realized that Russia has EVERYTHING, resources and opportunities for its own production and industry. In the next 30-40 years, Russia will become the second, or even the first, economy in the world. And I advise you to prepare for winter, as you will have to do without Russian gas 😉
@@Anonymous-qj3sf can you not read, I never said their was nuclear energy in Germany. Get yourself checked out lol
The stats on the gas dependece is wrong. Romania is not dependent on russian gas. It has a full own supply, even exports. Its the third producer in the eu. Also, Its about not letting eu states to explore and invest. Romania has grest reserves that are unexplored, but eu also makes this hard. Russian political sabotage also makes this hard.
Cool video, I liked your analisys! The subtitles did not satisfy me, though. I wish they appeared before or together with the sound, not after.
The map with ''Procent of russian gas in total consumption'' is wrong. Romania was only 10% dependent on russian gas, not 75-100%. Now is almost 100% independent.
Great to see the channel evolving, impressive work guys!
A fellow young journalist
nuclear is the key until renewables become better
The rise of green parties in EU worsened the energy dependency. They decline nuclear energy at its core and try to build renewables at all costs which fails at the very moment.
If the EU depends on Russian gas so heavily, it has to force itself to find a friendlier tone than right now. In my opinion, Hungarian PM Orban is showing a good example. (I’m not saying it’s fully corruption-free or anything, it’s just the right step in the right direction)
In my opinion, the green parties failed to realize the importance of economic and energy self-dependence. It’s a global race, the winner will have massive perks and the loser will pay heavy prices. So far it’s not looking too bright for the EU.
It looks like Europeans have bet on a wrong horse (renewables instead nuclear plants). It's also looks they just don't have money (time) left for a second try...
Both renewables & nuclear plants are excellent sources combined.
@@Cybernaut551 Nuclear plants output isn't scalable fast enough to compensate fast output falls renewables are prone to
@@Lucky301182 Understandable, have a nice day!
you'd better tell us that gas is one of the many problems... tell us what else Russia exports and in what quantity, the value of these goods and how it will affect the global economy.
Excellent Video! I hope to see your channel reach at the very minimum 1 million subscribers!
Aan het woord groningen weet ik al dat je nederlander bent
Thanks for your research and your point of view!
The map at 2:48 is wrong, Romania imports around 8% from Russia and the rest is locally extracted…
there are a lot of gas in the baltic sea
There is a way for EU. Have they ever thoughts of upgraded powerful heats refinery ?? That'll provided both heats and electrics across the EU. But to be reality it'll takes more then 100's of them to be build and can be freed from Russia gases by 10-20 years
Turkey is lucky, they can get natural gas from Iran, Azerbaijan, Qatar and Libya as alternatives.
NUCLEAR ENERGY NOW
Со стороны России это выглядит так - весь газ мы экспортируем в Европу, так как Европа надежный потребитель. Спустя время. Европе не нужен наш газ? Куда доставить тогда? Какой экономике нужен дешевый газ? Китай... ему нужно развивать свою экономику...
Китаю не нужен наш газ в том-то и дело, Китай хитрый, он не хочет вставать в зависимость, а вот мы теперь будем зависеть от них и они нам будут диктовать, курс юаня контролирует партия Китая, следовательно мы теперь будем зависеть даже от их курса. Путин предлагал провести туда газовую трубу, но Китай не хочет, понятно почему, они лучше дороже газ возьмут, но не будут зависеть от нас.
2:53 - your map of gas usage fom Russia is quite wrong. Romania has it's own gas and is only using 5% russian gas. The other 95% is extracted in Romania itself.
Uh, captuon suddenly is unsyncronised
Lithuania Latvia and Estonia cutted out Russian gass common....
This didn't age well!
An outsider view:
European Countries should keep importing Oil and Gas from Russia . However,they should keep adding other sources of energy to provide competition and bring the prices down . This will reduce the inflation ,increase in purchaseng power of the people and overall growth in the economy.
Why should Europe fund Putins war against a sovereign European country?
This should hopefully change ones mind about nuclear.......
*Everything reeks inflation in the economy.... However a person desires to pay attention to this, you have to stop relying on the government and saving all of your money . Venture into making an investment a few in case you actually want monetary freedom*
most people fail to understand that living a Life without passive income isn't worth much except trying to pay off debts and loans.
When it comes to investing, nothing pays off more than educating yourself with the right information from the right source. That's how you get rich.
@@Sanlee578 How does this whole process works? I wanted to invest more in crypto, but the fluctuations in crypto value discouraged me into dumping😦.
I don't trade I invest with a professional called Steve McGarry by a crypto company that trades for us and returns our profit on weekly basis for me and you can invest your capital and get weekly returns of investment (ROI) without any extra fees attached.
Trading options with Mr Steve McGarry is a good chance to make money and start paying your bills. It's the best opinion to get of debt.
It's all about how bribery and corruption lead to war
I highly doubt your info since Romania is 40% dependent yet you said it's 75%>.
It was an editing mistake not a research mistake. My apologies.
-Hugo
interesting
Israel 🇮🇱 have enough gas to supply to Europe just has to build one pipe through the Mediterranean Sea
Greece under Crete is full of it
The conflict did not cut off the supply, that was accomplished by the US who are not threatened by Russia in any material way.....
So the problem is not the Russians stopping the flow of gas but the US attempting to sell their overpriced Gas.....
That is the Wall Street Elephant in the discussion.....
Romania imports only ~ 30% gas from Russia, not 75-100% as presented.
@@theamici yeah that graph is quite old. For example you can check the Eurostat for statistics on this. at 2:50 he shows that Estonia is 75-100% reliant on Russian gas when in reality it's 0. Estonia carried out a ban on Russian gas in 2016. Now it imports 5% of it's gas, mostly from Denmark and Norway, rest it produces itself from landfills and farms. The east Europe (for the Baltics Northean Europe) have learned their lesson of being reliant on Russia, and have started to decrease their dependency on Russian gas and exports, already long time ago. Now it's mostly the western Europe that is still dependent on Russian natural recourses.
@@theamici Romanian government and Romania press outlets. I am Romanian and I know very well the situation. We have 2 big gas companies: Romgaz and OMV Petrom which produce about 70% of our consumption.
Romania is not that dependent on Russian gas. You need to do your research better. Over 70% is local production.
Eu has gas in its borders. It’s situated inside the eez of Greece and cyprus. It just need to be extracted.😁
I’m Cypriot. It is being extracted. Turkey rejects any form of pipelines from Cyprus.
6:50 yeah, but don't forget that Trump also exhorted the EU to change the model of their fuel-based economy and thus they should have been bewaring about their dependency on gas and oil from Russia.
Many people within the EU had done that before.
It's not really, many European countries import gas from central Asia, Qatar or "borrow" it from Libya.
Calling it addiction is a bit of loaded title
We are paying for thirty yrs if centricism when we all thought we didn't need to stand for anything, everyone can just do business with everyone and everything will be fine because everyones interest is interlinked and people will act rational
Theres shale gas in England and I hope the UK government ends the ban and start drilling and we can start pumping some across the channel as well
lets hope this speeds up Europe's renewable transition!
It actually is alredy doing it, i think
@@m--e it already was, a great portion of green transition was for energy independence, but recently it has become overtly green fanaticism, a minimum balance was completely lost
Nuclear*
@@dophhead2711 screw nuclear
@@jh5kl how are renewables better in any way? Are you german?
Europe has decided to give up Russian gas, dreams come true, Gazprom.
Do not be afraid, instead of gas and oil, you will buy felt boots from the Russians. They are warm, innovative and we make a lot of them. Don't freeze.
Atom now!
2:32 'European politicians working for Russian petro companies - former FRENCH Prime Minister Francois Fillon, former GERMAN Chancellor Gerhard Schroeder and former AUSTRIAN Foreign Minister Karin Kneissl.with Putin at her wedding.'
Europe is full of natural gas, especially Eastern Europe, the Balkan to Romania, Bulgaria towards Ukraine and that part of Europe is full of natural gas, no one is willing to gets their hands dirty and get it out! We become very comfortable here in Europe so if it's easier to pay the Russians for it x why not.....
Germany importing gas... Interesting
How did you not prepare for Russia freezing the pipes?
Poland and Lithuania started to prepare after occupation of Crimea but many countries did not
@@Hilariusgamer indeed and that time is quickly running out, Russia is taking south Ukraine to make a corridor to Moldova and consolidate
Short answer: Because it’s cheaper than Norwegian gas or gas from any other country. Europe will severe ties with Russia. We will be supplied by Norway, North Africa, Canada, States and everyone else who will be able to sell
Why don't you guys ask US to covering energy of all EU nation? Europe country is so embarrasing. After all the sanction, you crying all the consequences
Greetings from Groningen
how about we buy ukranian gas ?
Good idea instead of funding and get nothing in returned. Every countries does expected something back for helping like a pay check and trade
After seeing this, I can only realise we have been governed by nuckle heads
- Ukraine never paid for their gas (and was refusing to do so) and were sabotaging piplines which caused Russia to temporary turn off gas. In 2014 Russia had forgiven Ukraine's gas debt which later lead to the US-backed coup.
- Georgia under the tie eat also refused and threaten Russia.
The Yamal pipeline is now closed due to sanctions.
maybe, just maybe, street protests meant to force out representatives that no longer represents the people is part of an healthy democracy and not a coup, and maybe, just maybe, people don't need US backing to go into the streets because they want to be closer to the wealthy and democratic EU instead of Putin's poor and undemocratic sphere of influence
Not true:
"Ukraine never paid for their gas (and was refusing to do so) and were sabotaging piplines which caused Russia to temporary turn off gas."
90's Debt issue were settled in October 2001, by the signing of an intergovernmental agreement on Additional Measures Regarding the Provision of Transit of Russian Natural Gas on the Territory of Ukraine
Ukraine refused to pay on russian terms for 2008. In August 2009, it was agreed that loans worth $1.7 billion would be given to Ukraine to help it provide stable supplies of Russian gas to Europe by the International Monetary Fund, the World Bank,
from 2010 to 2014 there were no disputes.
"In 2014 Russia had forgiven Ukraine's gas debt" False
On 1 April 2014 Gazprom cancelled Ukraine's natural gas discount as agreed in the 17 December 2013 Ukrainian-Russian action plan because its debt to the company had risen to $1.7 billion since 2013 . In June 2014 Gazprom stated that Ukraine's debt to the company was $4.5 billion. On 30 May 2014 Ukraine paid $786 million to Gazprom
After trilateral talks between the European Union, Ukraine and Russia a deal was reached in October 2014 in which Ukraine agreed to pay (in advance) $378 per 1,000 cubic metres to the end of 2014, and $365 in the first quarter of 2015. Of its debts to Gazprom, Ukraine agreed to pay of $1.45bn immediately, and $1.65bn by the end of 2014.
On 28 February 2018, the Arbitration Institute of the Stockholm Chamber of Commerce ordered that Gazprom pay Naftogaz for failing to ship certain amounts of gas through Ukraine gas transmission system. The net result of all claims was that Gazprom was ordered to pay Ukraine Naftogaz $2.56 bln
And your evidence for this?
You put it wrong, Romania depends 15% on Russian Gas, we have our gas, plz make a good research. Romania have natural gas, Even in Black Sea
It was an editing mistake not a research mistake. My apologies.
-Hugo
@@IntoEurope Thanks
the first step is admitting it.
That time when Trump warned Germany and Europe to stop their dependence on Russian oil/gas. Now who is laughing.
The ugly truth is German greed has been Europe's biggest problem for more than a century now.
Such a fucking non-issue. As if we can't stand up to a tyrant because we're used to minor comforts he's been providing us at a teaser rate. Modern consumerism and the economics profession that describes these kinds of minor losses as "crashes" disgust me.
Russia- disel price 0.40eurocent. Chupa-chups europa.
Many voices advocate against buying russian oil and gas and ask the people to be willing to pay more for energy sources outside Russia.
I ask you this: how many people are willing to pay more or can afford to pay more and why should they?
No one can contradict the fact that Russia possess huge reserves of oil and gas and the prices are good.
If you don't want to buy russian oil and gas, fine, don't buy it, but learn to to live according to your own means and use only what your country is able to produce internally.
Don't try to convince the people to pay more for something, just because the Russians and Ukrainians are killing each other.
The US acusses Russia that it is using its oil and gas reserves as a weapon, but the same US is using its own resources, like technology, as a weapon against China.
If you want to help Ukraine against Russia, fine, go to war against Russia and plunge the world into darkness, but I will never aggree to pay more for something that can be bought cheaper anywhere else.
In a very short period of time many of you will "enjoy" the "happiness" of dealing with ukrainean nationals and their skills.
Learn to talk to Russia and everybody learn how to make a step back, if need be, like Kennedy and Khrushchev had the wisdom to do.
Never abandon Russia just because of whom ever is leading it at the moment, because no one lives forever.
Finally, one has to be very stupid to have an asset or a resource and not take advantage of it.
Politics is not made with emotions.
Politics is not a game, but a serious business and an empty stomach is not a great political advisor.
Well its cheap and more environment friendly than the fracking LPG from the US
Copium carbon
The average temperature in apartments in winter: Italy - 17 degrees, Germany - 17 degrees, France - 17 degrees, the Netherlands - 16 degrees, Great Britain - 15 degrees, Japan - 10 degrees.
The Russians are shocked by these figures. According to Russian sanitary standards, the temperature in the apartment should be at least 18-20 degrees Celsius. According to Russian legislation, for each hour of deviation in air temperature in a residential building (in total for the billing period), the monthly fee is reduced by 0.15% of the fee determined based on the readings of metering devices for each degree of temperature deviation. Thus, at a temperature of + 17 ° C, payment per month should be reduced by about 87%, and at + 16 ° C, payment is not required at all. If in Russia they used to heat the same way as in Holland, Great Britain and Japan, then the Russians would not have to pay for heating.
In the above countries, the temperature does not meet sanitary standards!
What will they have now if they stop supplying gas?
We most definitely need to go nuclear if we want to stop eastern dependence and transition safely and cleanly
@@Salarat China has a larger area so it’s not too absurd you can’t build a NPP anywhere you want but yeah it’s a little concerning to say the least
its requires a special type of stupidity to think nuclear is a good choice
@@jh5kl and it takes an obscene amount of ignorance to say nuclear is not a good choice
And especially the SMR type, because bigger ones cause a lot more damage when the Russians are shelling it.
@@hendrikdependrik1891 right because Russians are known for shelling Western European cities unlike Germans or French who have never ever invaded Russia
Ukraine gets 2-3 billions for pipe, Poland as far as i know 100 mln.
Poland gets to much as it is!
Europe should be chad and seek different ways in solidarity with ukraine...
i m a supporter of ukraine independence but ukraine needs to admit its mistakes, it needs to look to the baltics and learn
🇪🇺
6:48
I’m going to have to call one sided information here. If you ask anyone informed on the subject you’ll get one of two answers. First is the answer you gave, but that is a cheap cop out of European naivety. The second is a large amount of the US wanted to prevent an important ally; particularly Germany from growing a dependance on Russian gas.
You can disagree with most of what Trump did as president all you want. I myself am not a fan of him. But to use that reasoning to hide European naivety is disingenuous.
Hi,
I believe I covered both, saying that it was both out of economic self-interest AND strategic reasons.
Cheers,
Hugo
@@IntoEurope yes, you did. However you mislead that the sanctions happened happened because Europe bought LNG from other than the US. That is not true. If Europe bought LNG from Canada, Norway, North Africa, or any non adversarial nation; no sanctions would have been enforced.
Again it’s disingenuous.
Europe is not a continent. Eurasia is a Continent and the Western part of Europe is a tiny part of it.
Shown Here:
Introduced in House (02/28/2019)
116th CONGRESS
1st Session
H. R. 1453
To prioritize the efforts of and enhance coordination among United States agencies to encourage European countries to diversify their energy sources and supply routes, increase European countries’ energy security, and help the United States reach its global energy security goals, and for other purposes.
IN THE HOUSE OF REPRESENTATIVES
February 28, 2019
Mr. Kinzinger (for himself, Mr. McCaul, and Mr. Fitzpatrick) introduced the following bill; which was referred to the Committee on Foreign Affairs
A BILL
To prioritize the efforts of and enhance coordination among United States agencies to encourage European countries to diversify their energy sources and supply routes, increase European countries’ energy security, and help the United States reach its global energy security goals, and for other purposes.
Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,
SECTION 1. SHORT TITLE.
This Act may be cited as the “European Energy Security and Diversification Act of 2019”.
SEC. 2. STATEMENT OF POLICY.
(a) Sense Of Congress.-It is the sense of Congress that the United States has economic and national security interests in assisting European countries achieve energy security through diversification of their energy sources and supply routes.
(b) Statement Of Policy.-It is the policy of the United States-
(1) to advance United States foreign policy and development goals by assisting European countries to reduce their dependence on energy resources from countries that use energy dependence for undue political influence, such as the Russian Federation, which has used natural gas to coerce, intimidate, and influence other countries;
(2) to promote the energy security of European countries by encouraging the development of accessible, transparent, and competitive energy markets that provide diversified sources, types, and routes of energy;
(3) to encourage United States public and private sector investment in energy infrastructure projects in European countries to bridge the gap between energy security requirements and commercial demand in a way that is consistent with the region’s absorptive capacity; and
(4) to help facilitate the export of United States energy resources, technology, and expertise to global markets in a way that benefits the energy security of European countries.
SEC. 3. PRIORITIZATION OF EFFORTS AND ASSISTANCE FOR ENERGY INFRASTRUCTURE PROJECTS IN EUROPE.
(a) In General.-In pursuing the policy described in section 2(b), the Secretary of State, in coordination with the heads of United States agencies that operate under the foreign policy guidance of the Secretary, shall, as appropriate, prioritize and expedite the efforts of the Department of State or of such agencies to support the efforts of European countries to increase their energy security, including through-
(1) providing diplomatic, political, and technical support to European countries-
(A) to facilitate international negotiations with respect to cross-border infrastructure;
(B) to enhance European countries’ regulatory environment with respect to energy; or
(C) to develop accessible, transparent, and competitive energy markets supplied by diverse sources, types, and routes of energy; and
(2) providing support to improve European energy markets, including early-stage project support and late-stage project support, for the construction or improvement of energy infrastructure-
(A) to diversify the energy sources and supply routes of European countries;
(B) to enhance energy market integration across the region; or
(C) to increase competition within energy markets.
(b) Project Selection.-
(1) IN GENERAL.-The Secretary, in consultation with the agencies described in subsection (a), shall identify energy infrastructure projects that would be appropriate for United States assistance under this section.
(2) PROJECT ELIGIBILITY.-A project is eligible for United States assistance under this section if the project is-
(A) related to-
(i) natural gas infrastructure, such as interconnectors, storage facilities, liquefied natural gas import facilities, or reverse flow capacity;
(ii) electricity transmission infrastructure, electricity storage projects, or smart grid projects;
(iii) renewable energy projects in wind, solar, tidal, or other forms; or
(iv) the improvement, rehabilitation, or construction of natural gas, coal, nuclear, or other electricity generation facilities to increase the efficiency and reliability of electricity production; and
(B) located in a European country.
(3) PREFERENCE.-In selecting among projects that are eligible under paragraph (2), the agencies described in subsection (a) shall give preference to projects that-
(A) improve the capacity of energy systems to efficiently transfer gas and electricity within and between European countries;
(B) have already been identified by the European Commission as being integral for the energy security of European countries;
(C) are expected to enhance energy market integration and transparency;
(D) can attract funding from the private sector, an international financial institution, the government of the country in which the project will be carried out, or the European Commission; or
(E) have the potential to use United States goods and services.
(c) Countering Russian Influence Fund.-Section 254 of the Countering Russian Influence in Europe and Eurasia Act of 2017 (22 U.S.C. 9543) is amended-
(1) in subsection (a), by striking “fiscal years 2018 and 2019” and inserting “fiscal years 2018 through 2021”; and
(2) in subsection (b), by adding at the end the following:
“(7) To assist United States agencies in providing assistance under section 3 of the European Energy Security and Diversification Act of 2019”..”.
SEC. 4. PROGRESS REPORTS.
Not later than one year after the date of the enactment of this Act, and annually thereafter for seven years, the President shall submit to the Committee on Foreign Relations of the Senate and the Committee on Foreign Affairs of the House of Representatives a report on progress made in providing assistance for projects under section 3 that includes-
(1) a description of the energy infrastructure projects for which the United States has provided assistance; and
(2) for each such project-
(A) a description of the role of the United States in the project, including the amount and form of any early-stage project support or late-stage project support; and
(B) an update on the progress made on the project as of the date of the report.
SEC. 5. DEFINITIONS.
In this Act:
(1) EUROPEAN COUNTRY.-The term “European country” means the following:
(A) Albania.
(B) Andorra.
(C) Austria.
(D) Belgium.
(E) Bosnia and Herzegovina.
(F) Bulgaria.
(G) Croatia.
(H) Cyprus.
(I) The Czech Republic.
(J) Denmark.
(K) Estonia.
(L) Finland.
(M) France.
(N) Germany.
(O) Greece.
(P) Hungary.
(Q) Ireland.
(R) Italy.
(S) Kosovo.
(T) Latvia.
(U) Liechtenstein.
(V) Lithuania.
(W) Luxembourg.
(X) Moldova.
(Y) Monaco.
(Z) Montenegro.
(AA) The Netherlands.
(BB) North Macedonia.
(CC) Norway.
(DD) Poland.
(EE) Portugal.
(FF) Romania.
(GG) San Marino.
(HH) Serbia.
(II) Slovakia.
(JJ) Slovenia.
(KK) Spain.
(LL) Sweden.
(MM) Switzerland.
(NN) Ukraine.
(OO) United Kingdom.
(PP) Vatican City.
(2) EARLY-STAGE PROJECT SUPPORT.-The term “early-stage project support” includes-
(A) feasibility studies;
(B) resource evaluations;
(C) project appraisal and costing;
(D) pilot projects;
(E) commercial support, such as trade missions, reverse trade missions, technical workshops, international buyer programs, and international partner searchers to link suppliers to projects;
(F) technical assistance and other guidance to improve the local regulatory environment and market frameworks to encourage transparent competition and enhance energy security; and
(G) long-term energy sector planning.
(3) LATE-STAGE PROJECT SUPPORT.-The term “late-stage project support” includes loans, guarantees, insurance, reinsurance, equity investments, and transaction advisory services.
(4) INTERNATIONAL FINANCIAL INSTITUTION.-The term “international financial institution” has the meaning given the term in section 1701(c) of the International Financial Institutions Act (22 U.S.C. 262r(c)).
Europe was a little bit lazy. And now whe are paying double for it.
I think Europe soon will be independent on Egypt 🇪🇬 Algeria🇩🇿 Nigeria🇳🇬 and Qatar🇶🇦 and Libya 🇱🇾
EU needs a green strategy. Green energy is the best way towards reducing Russian reliance.
We need nuclear in the mean time
@@luisandrade2254 it requires a special type of stupidity to think nuclear is a good choice
Green politicians caused this mess.
@@jh5kl I would recommend watching the Kurtzgezagt video about nuclear energy, puts its in a whole other perspective.
Nuclear is the most wise technology. Windmills are stupid and solar can be pretty disappointing.
Tsk tsk tsk...as someone with knowledge in this area I'm really disappointed in the slant in this video but it's not surprising either
So! For those who care to know the reason why Europe is so dependent on Russian oil is because the green left in Europe during the 90s got rid of non-green energy sources like petroleum and now today they are dependent on it from Russia. Happily however, Germany is reversing course which means much of continental Europe will do the same soon
As for the creators of this video: Don't believe high production value videos like this
They're almost certainly funded by interest groups just like most front facing organizations are. This is especially true if they are promoted by the RUclips algorithm
I wish I was funded by an interest group, but no, this video is mostly just me :P
-Hugo