Yongpeng Sun-Tastaufen
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rebel tank in Marinka in Donbas war
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Russia-Ukraine War - News and Developments PART 2
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rebel tank in Marinka in Donbas war
government army column bombed by rebel plane in Donbas war
Yongpeng Sun-Tastaufen
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rebel cruise missile targeting government electricity grid in Odessa
government MRAP knocked out by rebels in Donbas war
government MRAP knocked out by rebels in Donbas war
Ich
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I like the negative ratings what show me how hard the truth hurts
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Russia was exporting 150 billion cubic meters to Europe historically. By cutting Europe off, its replaced ith 16 bcm to China.
It hasn't just removed its customer (Europe) for duration of the war, but Europe won't ever need Russian gas. Its accelerated its renewables, starting nuclear, and for the gap, importing gas from elsewhere.
Tomorrow if by some miracle Russia gets back what it lost till last August, and can hold on to it, its permanently relegated itself to economic decline.
5 years ago, most strategists were in awe of Putin's ability to divide europe politically and sow more division in the US. How does that go from that awe/fear to Russa permanently
sabotaging its economy..
foreignpolicy.com
By Jeffrey Sonnenfeld, the Lester Crown professor in management practice and a senior associate dean at the Yale School of Management, and Steven Tian, the director of research at the Yale Chief Executive Leadership Institute.
For much of the past year, and since his invasion of Ukraine last February, Russian President Vladimir Putin has been riding high on his supposed energy omnipotence, holding the global economy hostage to his whims. Since last summer, Putin has choked off natural gas supplies to Europe, hoping that Europeans, shivering and without heat during the winter, would turn on their leaders and make it politically infeasible to continue support for Ukraine.
The threat was potent: In 2021, a whopping 83 percent of Russian gas was exported to Europe. Russia’s total global exports of 7 million barrels of oil a day and 200 billion cubic meters (bcm) of piped gas a year accounted for about half of its federal revenue. Even more importantly, Russia’s commodities exports played a crucial role in global supply chains: Europe was reliant on Russia for 46 percent of its total gas supply, with comparable levels of dependence on other Russian products including metals and fertilizer.
Now, as we approach the one-year anniversary of Putin’s invasion, it is apparent that Russia has permanently forfeited its erstwhile economic might in the global marketplace.
Thanks to an unseasonably warm winter in Europe, Putin’s moment of maximum leverage has passed uneventfully, and, as we correctly forecast last October, the biggest victim of Putin’s gas gambit was Russia itself. Putin’s natural gas leverage is now nonexistent, as the world—and, most importantly, Europe—no longer needs Russian gas.
Far from freezing to death, Europe quickly secured alternative gas supplies by pivoting to global liquefied natural gas (LNG). This included an estimated 55 bcm from the United States, two-and-a-half times more than prewar U.S. exports of LNG to Europe. Coupled with increases in supply from renewable sources, nuclear, and, in the interim, coal, these alternative supplies have reduced Europe’s dependence on Russian gas to 9 percent of its total gas imports. In fact, Europe now purchases more LNG than it ever purchased Russian gas.
Furthermore, Europe’s unseasonably warm winter means that not only have the worst-case scenarios been avoided, but Europe’s full storage tanks have barely been drawn down and can carry over into next winter. In January, German storage tanks were a record 91 percent full, up from 54 percent last year, meaning that Europe will need to buy significantly less gas in 2023 than in 2022.
The implications are tremendous. Europe is now assured sufficient energy supply well into 2024 at a minimum, providing enough time for cheaper alternative energy supplies—both renewables and bridge fuels—to be fully onboarded and operating within Europe. This includes the completion of an additional 200 bcm/year in LNG export capacity by 2024—enough to fully and permanently replace Russia’s 200 bcm/year gas exports once and for all.
Furthermore, the days of globally expensive energy amid “Russia-driven supply squeezes” are over for good. In addition to Europe’s lower expected demand for LNG, China is pivoting away from global LNG in favor of domestic sources. Coupled with the rapidly increasing LNG supply, it is little surprise that the gas futures market is now pricing gas to be cheaper than prewar levels for years to come.
Putin, on the other hand, has zero remaining leverage and no way to replace his erstwhile primary customer; he is finding out the hard way that it is much easier for consumers to replace unreliable commodity suppliers than it is for suppliers to find new markets. Already, Putin is drawing practically no profit from gas sales, as his prior 150 bcm sales of piped gas to Europe have been replaced by a measly 16 bcm to China and pocket change in global LNG sales, barely enough to cover expenses. There are no markets for Putin to replace anything close to that 150 bcm shortfall: China lacks the necessary pipeline capacity to take any more for at least a decade and prefers domestic and diversified sources of energy anyhow, while Russia’s laggard technology makes it impossible to scale LNG exports beyond a slow trickle.
Putin’s oil leverage is likewise diminishing. Gone are the days when fear of Putin taking Russian oil supplies off the market caused oil prices to skyrocket by 40 percent over two weeks. In fact, when—in response to last month’s rollout of the G-7 oil price cap, which we helped develop—Putin announced a ban, from Feb. 1, on oil exports to countries that accepted the price cap, oil prices actually went down.
Read More
2.
The Kremlin’s ability to wage war is already constrained, but the worst is yet to come.
Analysis | Agathe Demarais
Why? Because it is now apparent that the world no longer depends on Putin’s oil. The oil market is turning to favor buyers, not sellers, amid increasing supply—more than enough to compensate for possible drops in Russian crude production. (In December, Russian Deputy Prime Minister Alexander Novak told Russian media that the government was prepared to cut crude production by up to 700,000 barrels in 2023.) Oil prices are lower now than before the war, and in the second half of 2022 alone, there was a surge of supply by 4 million barrels a day from producers such as the United States, Venezuela, Canada, and Brazil. With even more new supply expected this year, any lost Russian crude will be seamlessly and easily replaced within weeks. And this time, Putin cannot coerce Saudi Arabia to ride to the rescue by drastically cutting OPEC+ production quotas as it did last October. That’s because the United States is now pausing crucial Saudi arms and technology transfers amid heightened international scrutiny of OPEC+’s significant surplus unused capacity.
Putin’s leverage has also evaporated because the G-7 price cap gives him a lose-lose choice, which erodes Russia’s energy position no matter what he does. China and India, without explicitly participating in the cap, are leveraging it to drive a hard bargain with Russia, with discounts of up to 50 percent, so even though India is buying 33 times more Russian oil than it was a year ago, Russia is not making much profit, given its $44 break-even cost of production on top of costlier transportation. But if Putin cuts production even more, as he has threatened to do, he will be forfeiting all-important oil market share, long a Putin obsession, amid an increasingly oversupplied oil market and further cutting into his own revenue when he is already starved for cash.
Even Putin’s other commodities cards are all used up. His gambit to weaponize food abjectly collapsed when even his nominal allies turned on him. And in certain metals markets where Russia historically dominated, such as nickel, palladium, and titanium, blackmail-fearing buyers combined with higher prices have expedited reshoring and reinvigorated dormant public and private investment in critical mineral supply chain and mining projects. These are mostly in North and South America and Africa, home to many undertapped mineral reserves. In fact, in several crucial metals markets, such as cobalt and nickel, the combined output of new mines to be opened in the next two years adds up to more than enough supply to replace Russian metals within global supply chains permanently.
Putin’s failed economic gambits are yet another set of miscalculations to add to an increasingly long list, from his underestimation of the people of Ukraine to his underestimation of the collective unity and willpower of the West.
Of course, Putin’s failed economic and energy warfare has not been without consequence. The spillovers have impacted many lives, transformed supply chains, changed trade flows, and consumers still feel the pinch of higher prices as the newfound lower prices take some time to work through the economy.
But what matters is that the end is in sight. Never again will Putin be in a position to cause such chaos and disturbance in the global economy, because he has permanently weakened Russia’s most powerful hand—its energy and commodities might—beyond repair. The war on the battlefield is still being fought, but on the economic front at least, victory is in sight.
It hasn't just removed its customer (Europe) for duration of the war, but Europe won't ever need Russian gas. Its accelerated its renewables, starting nuclear, and for the gap, importing gas from elsewhere.
Tomorrow if by some miracle Russia gets back what it lost till last August, and can hold on to it, its permanently relegated itself to economic decline.
5 years ago, most strategists were in awe of Putin's ability to divide europe politically and sow more division in the US. How does that go from that awe/fear to Russa permanently
sabotaging its economy..
The World Economy No Longer Needs Russia
With alternative sources in place, Putin’s attempt at blackmailing Europe on energy has failed.
foreignpolicy.com
The World Economy No Longer Needs Russia
With alternative sources in place, Putin’s attempt at blackmailing Europe on energy has failed.
By Jeffrey Sonnenfeld, the Lester Crown professor in management practice and a senior associate dean at the Yale School of Management, and Steven Tian, the director of research at the Yale Chief Executive Leadership Institute.
For much of the past year, and since his invasion of Ukraine last February, Russian President Vladimir Putin has been riding high on his supposed energy omnipotence, holding the global economy hostage to his whims. Since last summer, Putin has choked off natural gas supplies to Europe, hoping that Europeans, shivering and without heat during the winter, would turn on their leaders and make it politically infeasible to continue support for Ukraine.
The threat was potent: In 2021, a whopping 83 percent of Russian gas was exported to Europe. Russia’s total global exports of 7 million barrels of oil a day and 200 billion cubic meters (bcm) of piped gas a year accounted for about half of its federal revenue. Even more importantly, Russia’s commodities exports played a crucial role in global supply chains: Europe was reliant on Russia for 46 percent of its total gas supply, with comparable levels of dependence on other Russian products including metals and fertilizer.
Now, as we approach the one-year anniversary of Putin’s invasion, it is apparent that Russia has permanently forfeited its erstwhile economic might in the global marketplace.
Thanks to an unseasonably warm winter in Europe, Putin’s moment of maximum leverage has passed uneventfully, and, as we correctly forecast last October, the biggest victim of Putin’s gas gambit was Russia itself. Putin’s natural gas leverage is now nonexistent, as the world—and, most importantly, Europe—no longer needs Russian gas.
Far from freezing to death, Europe quickly secured alternative gas supplies by pivoting to global liquefied natural gas (LNG). This included an estimated 55 bcm from the United States, two-and-a-half times more than prewar U.S. exports of LNG to Europe. Coupled with increases in supply from renewable sources, nuclear, and, in the interim, coal, these alternative supplies have reduced Europe’s dependence on Russian gas to 9 percent of its total gas imports. In fact, Europe now purchases more LNG than it ever purchased Russian gas.
Furthermore, Europe’s unseasonably warm winter means that not only have the worst-case scenarios been avoided, but Europe’s full storage tanks have barely been drawn down and can carry over into next winter. In January, German storage tanks were a record 91 percent full, up from 54 percent last year, meaning that Europe will need to buy significantly less gas in 2023 than in 2022.
The implications are tremendous. Europe is now assured sufficient energy supply well into 2024 at a minimum, providing enough time for cheaper alternative energy supplies—both renewables and bridge fuels—to be fully onboarded and operating within Europe. This includes the completion of an additional 200 bcm/year in LNG export capacity by 2024—enough to fully and permanently replace Russia’s 200 bcm/year gas exports once and for all.
Furthermore, the days of globally expensive energy amid “Russia-driven supply squeezes” are over for good. In addition to Europe’s lower expected demand for LNG, China is pivoting away from global LNG in favor of domestic sources. Coupled with the rapidly increasing LNG supply, it is little surprise that the gas futures market is now pricing gas to be cheaper than prewar levels for years to come.
Putin, on the other hand, has zero remaining leverage and no way to replace his erstwhile primary customer; he is finding out the hard way that it is much easier for consumers to replace unreliable commodity suppliers than it is for suppliers to find new markets. Already, Putin is drawing practically no profit from gas sales, as his prior 150 bcm sales of piped gas to Europe have been replaced by a measly 16 bcm to China and pocket change in global LNG sales, barely enough to cover expenses. There are no markets for Putin to replace anything close to that 150 bcm shortfall: China lacks the necessary pipeline capacity to take any more for at least a decade and prefers domestic and diversified sources of energy anyhow, while Russia’s laggard technology makes it impossible to scale LNG exports beyond a slow trickle.
Putin’s oil leverage is likewise diminishing. Gone are the days when fear of Putin taking Russian oil supplies off the market caused oil prices to skyrocket by 40 percent over two weeks. In fact, when—in response to last month’s rollout of the G-7 oil price cap, which we helped develop—Putin announced a ban, from Feb. 1, on oil exports to countries that accepted the price cap, oil prices actually went down.
Read More
2.
Sanctions on Russia Are Working. Here’s Why.
The Kremlin’s ability to wage war is already constrained, but the worst is yet to come.
Analysis | Agathe Demarais
Why? Because it is now apparent that the world no longer depends on Putin’s oil. The oil market is turning to favor buyers, not sellers, amid increasing supply—more than enough to compensate for possible drops in Russian crude production. (In December, Russian Deputy Prime Minister Alexander Novak told Russian media that the government was prepared to cut crude production by up to 700,000 barrels in 2023.) Oil prices are lower now than before the war, and in the second half of 2022 alone, there was a surge of supply by 4 million barrels a day from producers such as the United States, Venezuela, Canada, and Brazil. With even more new supply expected this year, any lost Russian crude will be seamlessly and easily replaced within weeks. And this time, Putin cannot coerce Saudi Arabia to ride to the rescue by drastically cutting OPEC+ production quotas as it did last October. That’s because the United States is now pausing crucial Saudi arms and technology transfers amid heightened international scrutiny of OPEC+’s significant surplus unused capacity.
Putin’s leverage has also evaporated because the G-7 price cap gives him a lose-lose choice, which erodes Russia’s energy position no matter what he does. China and India, without explicitly participating in the cap, are leveraging it to drive a hard bargain with Russia, with discounts of up to 50 percent, so even though India is buying 33 times more Russian oil than it was a year ago, Russia is not making much profit, given its $44 break-even cost of production on top of costlier transportation. But if Putin cuts production even more, as he has threatened to do, he will be forfeiting all-important oil market share, long a Putin obsession, amid an increasingly oversupplied oil market and further cutting into his own revenue when he is already starved for cash.
Even Putin’s other commodities cards are all used up. His gambit to weaponize food abjectly collapsed when even his nominal allies turned on him. And in certain metals markets where Russia historically dominated, such as nickel, palladium, and titanium, blackmail-fearing buyers combined with higher prices have expedited reshoring and reinvigorated dormant public and private investment in critical mineral supply chain and mining projects. These are mostly in North and South America and Africa, home to many undertapped mineral reserves. In fact, in several crucial metals markets, such as cobalt and nickel, the combined output of new mines to be opened in the next two years adds up to more than enough supply to replace Russian metals within global supply chains permanently.
Putin’s failed economic gambits are yet another set of miscalculations to add to an increasingly long list, from his underestimation of the people of Ukraine to his underestimation of the collective unity and willpower of the West.
Of course, Putin’s failed economic and energy warfare has not been without consequence. The spillovers have impacted many lives, transformed supply chains, changed trade flows, and consumers still feel the pinch of higher prices as the newfound lower prices take some time to work through the economy.
But what matters is that the end is in sight. Never again will Putin be in a position to cause such chaos and disturbance in the global economy, because he has permanently weakened Russia’s most powerful hand—its energy and commodities might—beyond repair. The war on the battlefield is still being fought, but on the economic front at least, victory is in sight.
Ich
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Is this "elsewhere" in the room with us?
Yongpeng Sun-Tastaufen
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Russia was exporting 150 billion cubic meters to Europe historically. By cutting Europe off, its replaced ith 16 bcm to China.
It hasn't just removed its customer (Europe) for duration of the war, but Europe won't ever need Russian gas. Its accelerated its renewables, starting nuclear, and for the gap, importing gas from elsewhere.
Tomorrow if by some miracle Russia gets back what it lost till last August, and can hold on to it, its permanently relegated itself to economic decline.
5 years ago, most strategists were in awe of Putin's ability to divide europe politically and sow more division in the US. How does that go from that awe/fear to Russa permanently
sabotaging its economy..
The World Economy No Longer Needs Russia
With alternative sources in place, Putin’s attempt at blackmailing Europe on energy has failed.
The World Economy No Longer Needs Russia
With alternative sources in place, Putin’s attempt at blackmailing Europe on energy has failed.
By Jeffrey Sonnenfeld, the Lester Crown professor in management practice and a senior associate dean at the Yale School of Management, and Steven Tian, the director of research at the Yale Chief Executive Leadership Institute.
For much of the past year, and since his invasion of Ukraine last February, Russian President Vladimir Putin has been riding high on his supposed energy omnipotence, holding the global economy hostage to his whims. Since last summer, Putin has choked off natural gas supplies to Europe, hoping that Europeans, shivering and without heat during the winter, would turn on their leaders and make it politically infeasible to continue support for Ukraine.
The threat was potent: In 2021, a whopping 83 percent of Russian gas was exported to Europe. Russia’s total global exports of 7 million barrels of oil a day and 200 billion cubic meters (bcm) of piped gas a year accounted for about half of its federal revenue. Even more importantly, Russia’s commodities exports played a crucial role in global supply chains: Europe was reliant on Russia for 46 percent of its total gas supply, with comparable levels of dependence on other Russian products including metals and fertilizer.
Now, as we approach the one-year anniversary of Putin’s invasion, it is apparent that Russia has permanently forfeited its erstwhile economic might in the global marketplace.
Thanks to an unseasonably warm winter in Europe, Putin’s moment of maximum leverage has passed uneventfully, and, as we correctly forecast last October, the biggest victim of Putin’s gas gambit was Russia itself. Putin’s natural gas leverage is now nonexistent, as the world—and, most importantly, Europe—no longer needs Russian gas.
Far from freezing to death, Europe quickly secured alternative gas supplies by pivoting to global liquefied natural gas (LNG). This included an estimated 55 bcm from the United States, two-and-a-half times more than prewar U.S. exports of LNG to Europe. Coupled with increases in supply from renewable sources, nuclear, and, in the interim, coal, these alternative supplies have reduced Europe’s dependence on Russian gas to 9 percent of its total gas imports. In fact, Europe now purchases more LNG than it ever purchased Russian gas.
Furthermore, Europe’s unseasonably warm winter means that not only have the worst-case scenarios been avoided, but Europe’s full storage tanks have barely been drawn down and can carry over into next winter. In January, German storage tanks were a record 91 percent full, up from 54 percent last year, meaning that Europe will need to buy significantly less gas in 2023 than in 2022.
The implications are tremendous. Europe is now assured sufficient energy supply well into 2024 at a minimum, providing enough time for cheaper alternative energy supplies—both renewables and bridge fuels—to be fully onboarded and operating within Europe. This includes the completion of an additional 200 bcm/year in LNG export capacity by 2024—enough to fully and permanently replace Russia’s 200 bcm/year gas exports once and for all.
Furthermore, the days of globally expensive energy amid “Russia-driven supply squeezes” are over for good. In addition to Europe’s lower expected demand for LNG, China is pivoting away from global LNG in favor of domestic sources. Coupled with the rapidly increasing LNG supply, it is little surprise that the gas futures market is now pricing gas to be cheaper than prewar levels for years to come.
Putin, on the other hand, has zero remaining leverage and no way to replace his erstwhile primary customer; he is finding out the hard way that it is much easier for consumers to replace unreliable commodity suppliers than it is for suppliers to find new markets. Already, Putin is drawing practically no profit from gas sales, as his prior 150 bcm sales of piped gas to Europe have been replaced by a measly 16 bcm to China and pocket change in global LNG sales, barely enough to cover expenses. There are no markets for Putin to replace anything close to that 150 bcm shortfall: China lacks the necessary pipeline capacity to take any more for at least a decade and prefers domestic and diversified sources of energy anyhow, while Russia’s laggard technology makes it impossible to scale LNG exports beyond a slow trickle.
Putin’s oil leverage is likewise diminishing. Gone are the days when fear of Putin taking Russian oil supplies off the market caused oil prices to skyrocket by 40 percent over two weeks. In fact, when—in response to last month’s rollout of the G-7 oil price cap, which we helped develop—Putin announced a ban, from Feb. 1, on oil exports to countries that accepted the price cap, oil prices actually went down.
Read More
2.
Sanctions on Russia Are Working. Here’s Why.
The Kremlin’s ability to wage war is already constrained, but the worst is yet to come.
Analysis | Agathe Demarais
Why? Because it is now apparent that the world no longer depends on Putin’s oil. The oil market is turning to favor buyers, not sellers, amid increasing supply—more than enough to compensate for possible drops in Russian crude production. (In December, Russian Deputy Prime Minister Alexander Novak told Russian media that the government was prepared to cut crude production by up to 700,000 barrels in 2023.) Oil prices are lower now than before the war, and in the second half of 2022 alone, there was a surge of supply by 4 million barrels a day from producers such as the United States, Venezuela, Canada, and Brazil. With even more new supply expected this year, any lost Russian crude will be seamlessly and easily replaced within weeks. And this time, Putin cannot coerce Saudi Arabia to ride to the rescue by drastically cutting OPEC+ production quotas as it did last October. That’s because the United States is now pausing crucial Saudi arms and technology transfers amid heightened international scrutiny of OPEC+’s significant surplus unused capacity.
Putin’s leverage has also evaporated because the G-7 price cap gives him a lose-lose choice, which erodes Russia’s energy position no matter what he does. China and India, without explicitly participating in the cap, are leveraging it to drive a hard bargain with Russia, with discounts of up to 50 percent, so even though India is buying 33 times more Russian oil than it was a year ago, Russia is not making much profit, given its $44 break-even cost of production on top of costlier transportation. But if Putin cuts production even more, as he has threatened to do, he will be forfeiting all-important oil market share, long a Putin obsession, amid an increasingly oversupplied oil market and further cutting into his own revenue when he is already starved for cash.
Even Putin’s other commodities cards are all used up. His gambit to weaponize food abjectly collapsed when even his nominal allies turned on him. And in certain metals markets where Russia historically dominated, such as nickel, palladium, and titanium, blackmail-fearing buyers combined with higher prices have expedited reshoring and reinvigorated dormant public and private investment in critical mineral supply chain and mining projects. These are mostly in North and South America and Africa, home to many undertapped mineral reserves. In fact, in several crucial metals markets, such as cobalt and nickel, the combined output of new mines to be opened in the next two years adds up to more than enough supply to replace Russian metals within global supply chains permanently.
Putin’s failed economic gambits are yet another set of miscalculations to add to an increasingly long list, from his underestimation of the people of Ukraine to his underestimation of the collective unity and willpower of the West.
Of course, Putin’s failed economic and energy warfare has not been without consequence. The spillovers have impacted many lives, transformed supply chains, changed trade flows, and consumers still feel the pinch of higher prices as the newfound lower prices take some time to work through the economy.
But what matters is that the end is in sight. Never again will Putin be in a position to cause such chaos and disturbance in the global economy, because he has permanently weakened Russia’s most powerful hand—its energy and commodities might—beyond repair. The war on the battlefield is still being fought, but on the economic front at least, victory is in sight.
Not a big loss. Even though EU will never buy Russian gas again, Russia compensates that by printing more money. Russia has more trees than any other country. Printing money is not a problem for Russia. Hell, these days they just type a number on a keyboard. Money has not been tied to gold, silver, bronze since the 1920s.
I guess Germany buy gas from China which buys gas from Russia. China is the middle man. Germany absolutely needs gas for industry. Without gas Germany cannot do manufacturing. The vast majority of Germany's gas is used for auto manufacturing.
Yongpeng Sun-Tastaufen
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Abdul Rehman Majeed
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Yongpeng Sun-Tastaufen
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Zelensky is begging for tanks.
West’s 'indecision' is killing our people - Ukraine
Ukraine war: Zelensky adviser says West’s 'indecision' is killing Ukrainians
Zelensky adviser tells West to "think faster" as pressure grows on countries to send tanks to Ukraine.www.bbc.com
Tanks are short range weapons. Western tanks don't have missiles. Only a 120 mm gun range 2 km. These are pointless in modern warfare where anti tank missiles can range 5 km.
Ich
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Yes. In 2021 Germany needed gas in an equivalent of 1072 TWh. And 2021 was this corona-nonsense-lockdown. If all gas users gear up then germany needs about 1200 TWh gas. Haha, "import from elswhere" for six- to ninefold price. BASF is thinking about going to china. Now you know what time it is for germany.
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sammuel
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“You cannot reason with a tiger when your head is in its mouth”
Winston churchill
~
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Yongpeng Sun-Tastaufen
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Everyone negotiates. France lost Alsace Lorraine to Germany in France Germany war. Russia lost South Sakhalin to Japan in Russia Japan war. China lost Taiwan to Japan in China Japan war. Losing land is not a shame. Die instead of live to fight another day is a shame.
Viet
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Those are minor settlements but ok observers can admit that’s success for the Russians, no doubt, however those conquests were paid with heavy bloodshed by Russian hooligans.
War is back and forth. that’s little to nothing for Ukraine to worry about. This is a war of attrition. More important than holding a minor settlement until the last man, Ukraine army can kill them as much as they can before withdraw from unsustainable positions.
Viet
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Don’t talk nonsense
Where Germany uses Russia gas in car manufacturing?
I tell you. gas is used to heat up processes during metal processing etc. however that’s neglectable in value. When let’s say BMW sells a car for 50,000 euros then it pays 500 euro to Putin. 1 percent. Russia participation is manufacturing is almost zero.
Today gas comes from everywhere except Russia. China gas reexport to Germany is non existent. Maybe 1 percent or less.
Ich
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lol
Gas-Stopp und die Folgen: Mercedes drosselt Gasverbrauch
Die Gas-Liefermenge aus Russland ist aktuell auf ein Fünftel des Volumens gedrosselt. Ein komplettes Ausbleiben von russischem Gas hätte fatale Folgen für die Autobranche. Mercedes wähnt sich indes gut vorbereitet.
www.auto-motor-und-sport.de
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