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China is reselling natural gas to energy-strapped Europe as its economic slowdown leaves it with a surplus, report says
Business Insider/Yahoo News ^ | 08/30/2022 | Harry Robertson

Posted on 08/30/2022 11:16:00 AM PDT by thegagline

click here to read article


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To: 353FMG
Does Europe have re-vaporization facilities to accept LNG?

In some countries.

Germany is notably "light" on re-gasification facilities.

https://en.wikipedia.org/wiki/List_of_LNG_terminals#Existing_regasification_terminals

21 posted on 08/30/2022 12:23:57 PM PDT by kiryandil (China Joe and Paycheck Hunter - the Chink in America's defenses)
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To: Seruzawa

Hey man, Europe needs the US in order to pay for their defense so that they can afford their long vacations, easy lifestyle, good road surface and social amenities. What America needs is for Trump to replace Biden. Both Europe and America will benefit from such a move.


22 posted on 08/30/2022 12:25:14 PM PDT by 353FMG
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To: ConservativeMind

I am really impressed with the Jujitsu move from Russia in which he has been able to get his enemies to hurt themselves far more than he had intended.

Yes, Russia wants the natural gas revenue, but to still have markets and to have those middlemen now make a profit off the same fuel being sold back to the EU, is pretty amazing.

And notice that these countries have no other practical way to counter their energy move against Russia, or much in the way of weapons of consequence (or they are giving them and the Ukrainian Mafia is reselling them outside of the country).
___________________________________________

I’m additionally impressed that Putin has organized the BRICS+ & SOC as a counter weight against US/AngloSphere?NATO in global finance, business in general and arms sales.

Careful what you wish for department: Putin has so far been measured and judicious. His successors might not be. They also might not be free of WEFfer taint.

Some days I wonder if Orwell’s EastAsia and Oceania were so named due the insider knowledge he had. This has all been in planning and slow execution for perhaps over 100 years.


23 posted on 08/30/2022 12:26:01 PM PDT by reformedliberal (Make yourself less available.)
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To: 353FMG

https://en.wikipedia.org/wiki/List_of_LNG_terminals#Proposed_regasification_terminals


24 posted on 08/30/2022 12:34:27 PM PDT by kiryandil (China Joe and Paycheck Hunter - the Chink in America's defenses)
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To: thegagline

“What the article omitted is that China is reselling Russian LNG to Europe. “

indeed ... morons at yahoo omit the most important part of “re-selling” something, namely where it was bought in the first place ...


25 posted on 08/30/2022 1:36:47 PM PDT by catnipman (In a post-covid world, ALL "science" is now political science: stolen elections have consequences)
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To: MalPearce

I still don’t buy a massive discount.

All they need to do is a simple max/min calculus problem to show them where to set the price for maximum profit.

Why do a 50% discount and burn through inventory when a 10% discount will give you the same profit?


26 posted on 08/30/2022 2:05:25 PM PDT by seowulf (Civilization begins with order, grows with liberty, and dies with chaos...Will Durant)
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To: thegagline

Exactly.🙄


27 posted on 08/30/2022 2:12:01 PM PDT by BiteYourSelf ( Earth first we'll strip mine the other planets later.)
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To: thegagline

Yep screw Putin we need the cash.


28 posted on 08/30/2022 2:33:16 PM PDT by Vaduz ( )
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