{"id":10575,"date":"2014-08-07T03:27:16","date_gmt":"2014-08-07T07:27:16","guid":{"rendered":"http:\/\/goldstocksforex.com\/?p=10575"},"modified":"2014-08-07T03:27:16","modified_gmt":"2014-08-07T07:27:16","slug":"vladimir-putins-pointless-conflict-with-europe-leaves-it-a-vassal-of-china-telegraph","status":"publish","type":"post","link":"https:\/\/thepatientinvestor.com\/index.php\/2014\/08\/07\/vladimir-putins-pointless-conflict-with-europe-leaves-it-a-vassal-of-china-telegraph\/","title":{"rendered":"Vladimir Putin’s pointless conflict with Europe leaves it a vassal of China – Telegraph"},"content":{"rendered":"

From Ambrose Evans-Pritchard:<\/p>\n

\n

European officials calculate that Mr Putin will not dare to cut off energy supplies, since to do so would bring the Russian state to its knees within months. But even if he tried – as a shock tactic – it would not achieve much. Oil can be obtained anywhere.<\/p>\n

Europe’s gas inventories have risen to 81pc of capacity, up from 46pc in March. Britain is at 94pc……Japan has just given the go-ahead for two nuclear reactors to restart in October, with seven likely by the end of the year. Koreans are also firing up closed nuclear reactors. All this frees up LNG.<\/p>\n

Whether this is fruit of a co-ordinated strategy, the net effect is that inventories and spare LNG could cover a Russian cut-off for a long time, probably through the winter with rationing. Areas of eastern Europe have no pipeline supply from the West, but “regas” ships could plug some gaps in an emergency. The gas weapon is not what it seems.<\/p>\n

The Kremlin is counting on acquiescence from the BRICS quintet as it confronts the West, and counting on capital from China to offset the loss of Western money. This is a pipedream. China’s Xi Jinping drove a brutal bargain in May on a future Gazprom pipeline, securing a price near $350 per 1,000 cubic metres that is barely above Russia’s production costs….<\/p>\n<\/blockquote>\n

Read more at Vladimir Putin's pointless conflict with Europe leaves it a vassal of China – Telegraph<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

From Ambrose Evans-Pritchard: European officials calculate that Mr Putin will not dare to cut off energy supplies, since to do so would bring the Russian state to its knees within months. But even if he tried – as a shock tactic – it would not achieve much. Oil can be obtained anywhere. Europe’s gas inventories … <\/p>\n

Continue reading “Vladimir Putin’s pointless conflict with Europe leaves it a vassal of China – Telegraph”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[41,26,29,33,34],"tags":[1513,2128],"class_list":["post-10575","post","type-post","status-publish","format-standard","hentry","category-china-hk","category-russia-former-ussr","category-the-big-picture","category-uk-europe-countries-regions","category-us-canada-countries-regions","tag-gas","tag-lng"],"yoast_head":"\nVladimir Putin's pointless conflict with Europe leaves it a vassal of China - Telegraph - the patient investor<\/title>\n<meta name=\"robots\" content=\"noindex, follow\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Vladimir Putin's pointless conflict with Europe leaves it a vassal of China - Telegraph - the patient investor\" \/>\n<meta property=\"og:description\" content=\"From Ambrose Evans-Pritchard: European officials calculate that Mr Putin will not dare to cut off energy supplies, since to do so would bring the Russian state to its knees within months. 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Globally, that would mean an addition of\u2026","rel":"","context":"In "Nuclear Energy & Uranium"","block_context":{"text":"Nuclear Energy & Uranium","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/gold-commodities\/uranium\/"},"img":{"alt_text":"Germany: Gas","src":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2024\/germany-gas.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2024\/germany-gas.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2024\/germany-gas.png?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":28195,"url":"https:\/\/thepatientinvestor.com\/index.php\/2021\/10\/07\/europe-out-of-gas\/","url_meta":{"origin":10575,"position":2},"title":"Europe out of gas","author":"Colin Twiggs","date":"October 7, 2021","format":false,"excerpt":"From Nordea: German inventories of natural gas are scarily low ahead of the winter. We have taken a deep look at Gazprom's major storage sites in Germany (Katharina, Jemgum, Redhen and Etzel), and were almost shocked by the severity of the issue. Current inventories will run frighteningly close to zero\u2026","rel":"","context":"In "Crude Oil & Natural Gas"","block_context":{"text":"Crude Oil & Natural Gas","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/gold-commodities\/crude-oil-natural-gas\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":63826,"url":"https:\/\/thepatientinvestor.com\/index.php\/2026\/03\/09\/iran-the-dominoes-start-to-fall\/","url_meta":{"origin":10575,"position":3},"title":"Iran: The Dominoes Start to Fall","author":"Colin Twiggs","date":"March 9, 2026","format":false,"excerpt":"Iranian forces are targeting regional energy infrastructure - including refineries and terminals - \u200bforcing them to shut down. Qatar declared force majeure on LNG exports, leaving Europe with gas shortages. 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It involves two steps: Use energy shortages to drive up inflation; Use inflation\u2026","rel":"","context":"In "Russia & Former USSR"","block_context":{"text":"Russia & Former USSR","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/russia-former-ussr\/"},"img":{"alt_text":"Robert Habeck","src":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2022\/2022-09-09-habeck.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":63915,"url":"https:\/\/thepatientinvestor.com\/index.php\/2026\/03\/20\/iranian-escalates\/","url_meta":{"origin":10575,"position":5},"title":"Iran Escalates","author":"Colin Twiggs","date":"March 20, 2026","format":false,"excerpt":"Israel attacked Iran's South Pars oilfield, Iran retaliated by attacking the Ras Laffan production \u200bhub in Qatar, destroying LNG production capacity. 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