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Ukraine Has Only 4 Months Of Gas Stocks Without Russia
Zero Hedge ^
| Tyler Durden
Posted on 03/03/2014 1:50:49 PM PST by SeekAndFind
Having explained the Ukraine "situation" in one map, it appears the inter-connectedness of Ukraine and Russia is becoming any increasingly problematic part of the current crisis. As Reuters reports, absent Russian gas, Ukraine's natural gas stocks can meet just 4 months of demand. The modest silver-lining is that the stocks are generally in the west of the country (away from potential Russian intervention) but it bears noting that Ukraine meets around half its gas demand through Russian imports (and Russia has cut supplies in the past). The situatio is not just energy though as Bloomberg notes, that Ukraine relies on Russia for about 30 percent of its global trade activity, compared with Russia’s 6 percent dependency on Ukraine.
Sadly, everything you need to know about the crisis in Ukraine in one worrisome map which summarizes all the relevant "red lines."
(Excerpt) Read more at zerohedge.com ...
TOPICS: Foreign Affairs; News/Current Events; Russia
KEYWORDS: gas; russia; ukraine
posted on 03/03/2014 1:51:25 PM PST
(Until I see the REAL Long Form Vault BC, he's just "PRES__ENT" Obama = Without "ID")
If Russia cuts off Ukraine’s natural gas, they can just tap the pipelines passing through Ukraine on its way to Western Europe. Make it Europe’s problem. Then Russia loses its foreign exchange earnings and has to draw down its reserves. Sell gold?
posted on 03/03/2014 1:59:25 PM PST
(Decentralize, degovernmentalize, deregulate, demonopolize, decredentialize, disentitle.)
If the Democrats want me to care about Ukraine, they are going to have to convince me that they, the Democrats, care more about The United States than they care about their Democrat party.
posted on 03/03/2014 2:08:41 PM PST
("A crack shot and a good dancer")
To: SeekAndFind; LucyT; maggief; WildHighlander57
posted on 03/03/2014 2:12:51 PM PST
(Obama: "Born in Kenya" Lying now or then or now)
We’ve got lots of natural gas. Ship some of it over to the Ukraine.
posted on 03/03/2014 2:43:52 PM PST
(Oppressors can tyranize only w/a standing army-enslaved press-disarmed populace)
and since the pipelines cross their country, isn't transferring fuel from Russia to europe problematic at best if they are cut off???
seems to me it would be, if WE are cut off... EUROPE is cut off!!!
posted on 03/03/2014 2:56:34 PM PST
(Stand UP and Be Counted, or line up and be numbered - *DTOM* -vvv- NO Pity for the LAZY - 86-44)
Me and my big mouth.
posted on 03/03/2014 2:58:37 PM PST
(Every night has it's dawn.)
Ukraine needs money and asks for 35 000 000 000 help for this year only. Its debt is 140 000 000 000 with no prospects to pay it. 170 000 Ukrainians fled to Russia in last days. Signs of humanitarian catastrophe.
posted on 03/04/2014 12:32:02 AM PST
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