Monday, October 17, 2022

Nord Stream and Kerch Bridge Attacks A Tremendous Opportunity For USA's Economy

 

Following the recent attacks on the Nord Stream pipelines, which effectively halted the flow of natural gas which German industry, commerce, agriculture and society relies on, and the terrorist attack on the Kerch Bridge, US Secretary of State Antony Blinken gloated that the attacks were a “tremendous opportunity” to weaken Moscow.. And now it has emerged that the United States CIA and UK's MI5 strate security agencies at the very least knew of the plan in advance.

 And shortly after news of the Nord Stream sabotage broke on mainstream media, gas supply companies in the USA were offering to supply Europe with shipments of Liquid Natural Gas carried by supertanker to be sold to European nations at vastly inflated prices.

The Nord Stream pipelines are operated by company that is majority owned by Russia’s state gas giant Gazprom. Authorities in Norway and Denmark have blocked that company from inspecting the damage done to its own pipelines. That is to say, NATO member states have prevented the Switzerland-based company Nord Stream AG from conducting an investigation into the attacks on its property.

Meanwhile, top officials in Washington have been positively giddy. US Secretary of State Antony Blinken enthusiastically celebrated the attacks on Nord Stream a “tremendous opportunity” in the economic war against Russia.

As for the Russians, they just shugged and set about finding other customers to buy their gas. The CPC pipeline out of the Caspian has been monitored from orbit a very long time. The Volga river complex out of the northern Caspian region ditto. In total this flow is 4% of global supply, and much of it is past Volgograd (formerly Stalingrad) northward towards Moscow for consumption and export.

Volgograd is less than 100 miles from the eastern border of Donbas and is the chokepoint for nearly 3% of global supply. The Caspian Pipeline Consortium (CPC) from Russia's Caspian gas fields to the Black Sea travels through Russia to a Russian Black Sea port.

Kashagan is the notorious oil field in that region and its failures have been monitored from orbit and led to its nickname from the participating companies -- CashIsGone. A very difficult production locale for oil, but those obstacles have been overcome and it is now finally flowing. The lesser known field is Karachaganak, it is mostly gas condensate and GAZPROM is the major player. This dictates realities of the recent economic meetings that warranted Putin's presence.

It will probably come as a shock to political leaders in Washington D C, London and Euopean capitals and financial centres but wo.rld trade is not confined to North America and Europe. Turkmenistan (how many people know where that is, I have to admit I could not descripe its exact position,) is bubbling with gas. Kazahkstan has significant oil. That region in total, with bordering countries, has abundant and largely unexploited hydrocarbon reserves. 

Perhaps most amusing, ironic and scanitly reported in mainstream media aspect of this fiasco of failed sanctions, Iran has been running tankers south to north across the Caspian carrying their sanctioned oil to blend with Russia's heading north for export via The Black Sea. Turkey and Syria to Europe and America. All those sanctions imposed by successive US administrations in their efforts to control the world never really had a hope of working.

As for vast Ukraine gas totals, the Holy Bible of oil and gas is published each June by BP. It is called The World Statistical Report and is downloadable in Excel form. It's a big ducument and profiles production of oil and gas country by country, as well as consumption.

BP assigns Ukraine about 1 Trillion cubic meters of reserves. Most of that is offshore south. In the world of gas and oil, one sees numbers with the T word or B word for trillions and billions.There's a lot of gas in the world which is why the green loons and ecowankers stopped campaining on the basis that hydrocarbons are running out and started instead to demonise Carbon Dioxide, a trace atmospheric gas that is absolutely essential to the continuation of carbon based lifeforms, (which covers absolutely every living thing,) on our planet

Russia is estimated to have 37 trillion, and their territory total provides estimates of "undiscovered reserves" far beyond that 37 number. Qatar's fields offshore estimate at 25. Iran at 32. Saying Ukraine is the 2nd largest in Europe is noting a big fish in a tiny pond. Norway is #1 at 1.4 Trillion. Countries with more? Australia, Nigeria, Egypt, Algeria, Iraq, UAE, US (a 12 T gas dwarf) and Canada.

Ukraine has 1/37th of GAZPROM's total, with more to be found. The theory that control of gas fields  prompted Russia's invasion of Ukraine does not make any sense at all.

However this publication has consistently taken the view that the current kerfuffle in Ukraine was engineered by the USA and NATO just as the previous trouble in 2013 / 14 and the ethnic cleansing campaign waged on Russian speakers in eastern Ukraine were. And as we reported last month and earlier this month when we look at the Nord Stream sabotage and the Kerch Bridge terrorist attack the evidence stacks up against the US Deep State with help from their FUKUS axis and NATO partners, they have the means, plenty of opportunity but what about motive?

The US fossil fuel industry has made a killing off of the proxy war in Ukraine. Western sanctions on Russia in response to its February 24, 2022 invasion of its neighbor have propelled the United States into becoming the world’s largest exporter of liquified natural gas (LNG). Much of that LNG has gone to Europe to make up for the drastic decline in Russian exports.

NATO member Norway has also greatly benefited. It was already the largest oil and gas producer in Europe, even before inaugurating the Baltic Pipe, just one day after Nord Stream was sabotaged. The fact that an attack on Nord Stream was being planned was known in advance. By whom? None other than the CIA. The notorious US spy agency warned Germany weeks before the explosions.

It is not just the North American energy industry that stands to heavily profit from the sabotage of the Nord Stream pipelines. Ukraine benefits as well. By using Nord Stream to send Germany natural gas through the Baltic Sea, Russia could cut out the intermediary of Ukraine, which was making billions of dollars in transit fees.

While Western governments have pinned the blame on Russia, without offering a shred of proof, it makes no strategic sense that Moscow would sabotage its own pipelines, after investing billions of dollars in the project. Russia has even floated the possibility of investing more money to repair the pipelines. This would be a very strange move after bombing your own energy infrastructure.

Yet the German government publicly rejected Russia’s offer to repair the pipelines. A spokesperson said Berlin would not accept Russian gas via Nord Stream 2, even if it is fixed, a position which smells suspiciously like the stink of self interests that emanated from the US / UK ordering their puppet Bellendskyyyyy to refuse talks with Russia on a peace deal brokered by Turkey's President Erdogan back in April 2022.

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