NATO imposed sanctions on Russian oil and gas to punish Russia for invading Ukraine But the sanctions failed and NATO and European countries suffered price rises and inflation reached 10%.
Russia sold oil cheaper to its friendly countries and their production remained the same. NATO sanctions have failed.
Next to his nuclear weapons, Putin has another devastating weapon. It is stopping Russian oil and gas production. The whole world would be thrown into an extremely terrible situation. Especially the European Dependency on Russian oil and gas will create unimaginable hardship in European countries. Pray that Putin does not use that devastating weapon and keeps Russian oil and gas production running.
Knowing him he will use this weapon before using any nuclear weapons. At this moment he is using hunger and starvation to control the world by controlling Ukrainian grain and other food products like oil. Next, he will do is use the European dependency on Russian oil and gas. It is only a question of time. He is the modern Hitler and he is a threat to the world with his nuclear weapons and oil and gas. I am extremely worried and so should you be worried too.
Kris ~ Dreamweaver
www.poetrypoem.com/dreamweaver
21st July 2022.
BREAKING NEWS
Ukraine and Russia signed a deal to allow the export of millions of tons of Ukrainian grain, a breakthrough that could ease a global food crisis. The New York Times
Friday, July 22, 2022
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BREAKING NEWS
Explosions rocked the Ukrainian port city of Odesa less than 24 hours after Russia agreed to a deal that would unblock grain shipments by sea.
Saturday, July 23, 2022, 6:19 AM ET
The strikes risk undermining the deal, brokered by the United Nations and Turkey, to facilitate the shipping of Ukrainian grain before the agreement could even be put into action. The deal is seen as critical for shoring up global food supplies.
The New York Times
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31-7-2022.
Europe is struggling to fight off the dangerous possibility of a chronic shortage of gas heading into the winter as fears soar Vladimir Putin will completely cut off supplies into the continent. The European Union has accused Russia of resorting to energy blackmail and claim the move is "politically motivated", with gas supplies running via the Nord Stream 1 pipeline to Europe already plunging to just 20 percent of its capacity.
EXPRESS
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11th August 2022.
EU IMPORTS FROM RUSSIA BY PRODUCT IN 2021, IN EUROS.
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THE GAS PIPELINES LINKING RUSSIA AND EUROPE
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16th August 2022.
Putin's plot to choke energy supplies foiled as China announces HUGE discovery of oil.
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Putin's oil empire handed lifeline as Saudi Arabia ties deal huge blow to EU sanctions.
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'Gas-guzzling Europe' is SAVING Russian economy as sanctions fail RUSSIA'S economy is being propped up by "gas-guzzling" Europe as economies continues to survive under heavy sanctions.
By Charles Harrison
06:00, Mon, Aug 29, 2022
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Russia delivers energy hammer blow to EU as it SWITCHES OFF gas supplies to Germany. RUSSIA has once again sent the European Union into crisis mode by turning off gas supplies flowing into Europe.
By Antony Ashkenaz
07:14, Wed, Aug 31, 2022 | UPDATED: 08:37, Wed, Aug 31, 2022
Russia has once again halted gas flows through the Nord Stream 1 pipeline, which flows from Russia to Germany through the Baltic Sea. This short-notice cut-off could be a major blow to the EU's efforts to stockpile energy for winter, during the bloc fears Russian President Vladimir Putin may halt gas flows entirely.
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'We are independent!': Germany seizes control of three Russian-owned oil refineries EU in energy nightmare as EXACT date of Putin's next gas cut-off pinpointed THE EUROPEAN Union has been left scrambling as experts warn Russia is ready to completely turn off gas supplies within months.
By Antony Ashkenaz
09:35, Fri, Sep 2, 2022 | UPDATED: 09:35, Fri, Sep 2, 2022
Yesterday, the EU was sent into crisis mode after Russian state-backed energy giant Gazprom shut down gas flows through the Nord Stream 1 pipeline. The company cited "planned maintenance work" on the 1,200-kilometre-long Baltic Sea pipeline connecting carrying gas from Russia to Germany. However, EU leaders and experts have refuted these claims, arguing that Vladimir Putin is weaponising gas supplies in retaliation for EU sanctions on Russia.
Over the past year, the Kremlin has been squeezing gas flows to Europe, which is heavily dependent on Russian imports, as a way to exert political pressure, as the skyrocketing costs of wholesale gas triggered a major energy crisis around the world
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EU in energy nightmare as EXACT date of Putin's next gas cut-off pinpointed
THE EUROPEAN Union has been left scrambling as experts warn Russia is ready to completely turn off gas supplies within months.
By Antony Ashkenaz
09:35, Fri, Sep 2, 2022 | UPDATED: 09:35, Fri, Sep 2, 2022
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Yesterday, the EU was sent into crisis mode after Russian state-backed energy giant Gazprom shut down gas flows through the Nord Stream 1 pipeline. The company cited "planned maintenance work" on the 1,200-kilometre-long Baltic Sea pipeline connecting carrying gas from Russia to Germany. However, EU leaders and experts have refuted these claims, arguing that Vladimir Putin is weaponising gas supplies in retaliation for EU sanctions on Russia.
Over the past year, the Kremlin has been squeezing gas flows to Europe, which is heavily dependent on Russian imports, as a way to exert political pressure, as the skyrocketing costs of wholesale gas triggered a major energy crisis around the world.
In July, Gazprom shut down flows through the Nord Stream 1 for 10 days, citing maintenance work, despite claims by Germany the move was purely political.
Unlike the July shutdown, this three-day shutdown was announced less than two weeks in advance, as Gazprom is set to focus on the last operating turbine at the station.
Analysts note that while Gazprom is likely to resume flows, albeit at a limited capacity, Putin is already gearing up to cut supplies again.
Javier Blas, an energy and commodities expert, tweeted: "Preliminary nominations show that Nord Stream 1 will resume shipments of Russian gas into Germany on Saturday (at 20 percent of capacity).
"Next 'maintenance' expected after 1,000 hours operation of the current single turbine working (that's in 42 days from now). #EnergyCrisis"
The exact date of this would be October 14.
Russia has been decreasing flows through the pipeline over the last few months, down to 40 percent of capacity in June and to 20 percent in July.
Moscow blamed Western sanctions on the decreased flows, claiming that they were preventing the installation of equipment needed for the pipeline.
Robert Habeck, Germany's economy minister, has refuted Russia's claim, saying that the Nord Stream pipeline was "fully operational" and there were no technical issues.
This comes as the EU Commission is preparing for summit by energy ministers, who are looking for a way to lower bills across the bloc.
Since Moscow limited gas flows to 20 percent, wholesale energy prices have more than doubled in just three months.
The Commission has reportedly backed a plan to issue a price cap on electricity, as part of a set of "short-term emergency interventions tackling electricity demand and high electricity prices", according to a document obtained by POLITICO.
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Over the past few months, Germany has been shoring up its energy storage, preparing for a cold winter.
By Antony Ashkenaz
16:24, Fri, Sep 16, 2022 | UPDATED: 16:54, Fri, Sep 16, 2022
The EU has been scrambling to support its power providers, and secure additional fuel deliveries, as it looks to end its reliance on Russia over its invasion of Ukraine.
In response, Moscow slashed gas flows and even threatened to shut off all the taps, sending prices soaring and raising the prospect of winter energy rationing in Europe.
Earlier this month, Putin railed against a proposed EU measure to issue a price cap on Russian gas imports, by threatening to "freeze Europe" by halting all flows.
Rosneft Deutschland, which was majority owned by the Russian oil firm, is being placed under the trusteeship of the Federal Network Agency regulator.
The regulator added that Rosneft no longer had any authority to issue instructions to the site, which accounts for about 12 percent of Germany's oil processing capacity.
Meanwhile, sources told Reuters that Polish refiner PKN Orlen has shown an interest in taking a controlling stake in the Schwedt site, which is Germany's fourth-largest refinery and also supplies parts of western Poland.
London-based Shell, which owns a 37.5 percent stake in the refinery, has been looking to sell it for a while, stating on Friday that it was "unaffected" by the German move to take control of the refinery.
Germany will now be looking for alternative suppliers for the refinery, given that it received all of its crude oil from Russia.
As part of EU sanctions, Berlin has it vowed to end oil imports from Moscow by the end of the year.
