Goodbye Russian Natural Gas! Lithuania signs US deal!!!

[Galad]

at OP.Ever heard about something called cost?Guess no.And how you can?Thinking is not something encouraged in USA .Cost of that LNG will be so so big that will kill any and all of the little competitiveness of the goods produced with the gas.Prices of everything connected with the gas will go up.And will make even worse already bad economy in Baltics.In turn will lead to more people leaving them.Money to buy the gas will come from where?From borrowing more to increase already big debts maybe?From selling high priced goods when you can buy cheaper with much better quality?But of course you are free to keep dreaming.

 

[mike2000]

Lithuania signs US deal to replace Russian gas

Lithuania said Saturday it had signed a trade agreement to buy liquified natural gas from the United States in a move aimed at reducing the EU Baltic state's heavy dependence on Russian gas deliveries.

Under the deal with Houston-based Chenier Energy company, the first LNG fuel is expected to arrive in Lithuania as early as next year, state-owned company Litgas said in a statement.

"This agreement entered into with Cheniere ... will provide us access to the prolific US natural gas market," Litgas General Manager Dominykas Tuckus said.

Lithuania's first floating LNG terminal started commercial activity in January, becoming the first such facility to sever Moscow's grip on gas deliveries to the Baltic states.

The nation of three million will initially import 0.54 billion cubic metres of gas from Statoil in 2015, covering about one-fifth of its demand.

The first US LNG export terminal is expected to starts its operations later this year.

The Baltic states' reliance on Russia for gas is a legacy of its five decades of Soviet rule, which ended in 1991.

Members of the EU and NATO since 2014, Lithuania and fellow Baltic states Latvia and Estonia are concerned about Russia's actions in Ukraine and fear that Moscow could attempt to destabilize its Soviet-era Baltic backyard.

"LNG exports by the US may weaken the position of Russia which uses its energy resources as an energy weapon to blackmail countries dependent on Russian gas," Lithuania's Energy Minister Rokas Masiulis said this week.

Lithuania signs deal for U.S. LNG| Reuters

Lithuania signs US deal to replace Russian gas

@mike2000 @Steve781 @flamer84 @Gabriel92 - looks like Big Daddy 'Merica is ready to step in and replace Russia!!!

Good initiative. But we should have some consideration for the bear. Since it depends on natural resources for its survival(which is rather strange, since its mostly third world countries that often depend on Natiural resources for their well being/growth), compared to East Asian/western countries who dont depend on natural resources for growth, in fact even India doesnt depends on natrural resources for its growth. Moscow is really in for a rough ride as oil prices deckline further. Lrets see how they will manage with this. Their GDP growth was negative last year, this year its forecast to barely grow or even contract. hmmmmmm...........interesting times we are living in. Seems they chewed more than they can eat.

 

[salarsikander]

we are trying to wrap up the war

Hi,

And where are you from exactly?

 

[The SC]

The route for a pipeline or even Tankers is quite complicated, have a look:

 

[jhungary]

Hi,

And where are you from exactly?

thats a complicated question.

I was born in the US, live two third of my life in Hong Kong and China, then move back to US, then moved to Sweden and then moved to Australia.

So, u tell me

 

[salarsikander]

thats a complicated question.

I was born in the US, live two third of my life in Hong Kong and China, then move back to US, then moved to Sweden and then moved to Australia.

So, u tell me

Hi,

Lets not make it complicated, what is your ethnicity your origins

 

[jhungary]

Chinese-Hispanic

 

[salarsikander]

Chinese-Hispanic

Well, that solves it then

 

[ptldM3]

Chinese-Hispanic

What is a "hispanic"? Is it the same as a "latino"? Hispanic could be Mexican or it can be someone from spain, one is Indian the other is European.



It is like asking someone, what kind of car they drive, and they reply...a vehicle. What kind of vehicle....? An automobile. What kind of automobile?

 

[jhungary]

What is a "hispanic"? Is it the same as a "latino"? Hispanic could be Mexican or it can be someone from spain, one is Indian the other is European.

Hispanic is mixed Spanish speaking South American heritage. It is not white, indian or black, it's a mixture of all. Basically it is a racial discrete term for people in South America who speak Spanish.

Latino means all Latin American (The short for Latino Americano) which is a racial discrete term of ALL South American

So a Mexican is a Latino and of Hispanic, but a Brazilian is a Latino only, cannot be Hispanic, *** they don't speak Spanish

 

[Sanchez]

Hispanic is mixed Spanish speaking South American heritage. It is not white, indian or black, it's a mixture of all. Basically it is a racial discrete term for people in South America who speak Spanish.

Latino means all Latin American (The short for Latino Americano) which is a racial discrete term of ALL South American

So a Mexican is a Latino and of Hispanic, but a Brazilian is a Latino only, cannot be Hispanic, *** they don't speak Spanish

If you are not born in China I'd suggest you change your Chinese flag to the US one.

 

[Echo_419]

Good initiative. But we should have some consideration for the bear. Since it depends on natural resources for its survival(which is rather strange, since its mostly third world countries that often depend on Natiural resources for their well being/growth), compared to East Asian/western countries who dont depend on natural resources for growth, in fact even India doesnt depends on natrural resources for its growth. Moscow is really in for a rough ride as oil prices deckline further. Lrets see how they will manage with this. Their GDP growth was negative last year, this year its forecast to barely grow or even contract. hmmmmmm...........interesting times we are living in. Seems they chewed more than they can eat.

Indeed the fact that Moscow is still relying on natural resources to boost economic growth is worrisome
They need to diversify their economy ASAP.Besides India & China are always there to help Russia in sectors where we have expertise

 

[jhungary]

If you are not born in China I'd suggest you change your Chinese flag to the US one.

and I suggest that you go talk to my hand

 

[Sanchez]

and I suggest that you go talk to my hand

This is the rule of the forum. You ought to respect it.

 

[jhungary]

This is the rule of the forum. You ought to respect it.

that is not a rule of the forum.