Russians cut off oil deliveries to Germany

Plantagenet

The Russian Lukoil company has cut off oil deliveries to Germany in a pricing dispute

Russians cut off oil to Germany

Good timing too, doing it in February.

Ebyss

Hmmm.. I think Russia are playing their hand too early. They would have been better off waiting until they *really* had Europe by the balls and then squeezed... but whatever. Hopefully the EU will see what Russia is up to and push for more energy independance (via renewables - well, I can always dream, can't I?).
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EnergyUnlimited · Fusion Joined: May 15, 2006 Posts: 3109

I think, at this point it is nothing very important.
They will come to an agreement soon and deliveries will restart.
It is only about price of oil (money), not about Russian blackmail or something alike.

seahorse · Expert Joined: Oct 15, 2004 Posts: 2189 Location: Arkansas

Maybe this is the first salvo of their response to Kosovo's declaration of independence?

Tyler_JC

gnm

Well being that Europe uses more total oil than the US it should be interesting to see all that infrastructure converted to alternative energy. I'm sure the threat of all of Europe converting to renewable energy has the Russians fearing for their pocketbooks!

/sarcasm

Rolling Eyes

-G
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evilgenius

There is a lot of room in Northern France, where it is windy as hell, for many more wind turbines. They have some now but they could have so many more. Right now you see them in little groups of three to five or six. Imagine them as a solid hedge on the horizon. Yes, I know it would be ugly, but not as ugly as freezing in winter or not being able to ride the electrified rail system. There is a very real counter poise that exists to Russian energy bullying, it is the ability of the EU to respond as a whole and not as individual member entities.
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Concerned · Light Sweet Crude Joined: Sep 23, 2004 Posts: 1531

davep · Expert Joined: Jun 21, 2006 Posts: 1244 Location: Europe

americandream

americandream

seahorse2 · Expert Joined: Oct 18, 2004 Posts: 1899

Plantagenet

The Lukoil cutoff amounts to a loss of about 25% of the oil Germany receives from Russia.

Oil from other Russian sources continues to flow to Germany.....so far. argue

Ebyss

americandream