Reserves left: 891 billion m3
Annual consumption: 40 billion m3
Years remaining at current consumption levels: 22
It is not possible though to keep consuming at the current rate as the northern part of the country is literally sinking through the floor.
Or to put it differently: the country is “cracking up”:
[volkskrant.nl] – Hoeveel gas heeft Nederland eigenlijk en waar ligt het allemaal?
[source]Sino-Burma pipelines refers to planned oil and natural gas pipelines linking Burma’s deep-water port of Kyaukphyu (Sittwe) in the Bay of Bengal with Kunming in Yunnan province of China. The Myanmar section of the gas pipeline was completed on 12 June 2013 and gas started to flow to China on 21 October 2013. The oil pipeline was completed in Aug, 2014. The oil pipeline will have a capacity of 12 million tonnes of crude oil per year. The gas pipeline will allow delivery of natural gas from Burma’s offshore fields to China with an expected annual capacity of up to 12 bcm of natural gas.
On the 29th of January, China opened, with little fanfare, a new oil link through Myanmar… This 2,400km long pipeline runs through some of the most rugged areas on the planet, marked by jagged hills and ridges and dense jungle… The new route however, has one invaluable advantage in eyes of Chinese leaders: it bypasses the Malacca straits, whose infamous waters are infested with pirates… The pipeline shortens the distance the oil will have to travel by sea to reach China by 700 miles. It also cuts by 30% the time this liquid black gold will take to get to the Middle Kingdom… Avoiding the Malacca detour had the other, even more invaluable advantage in the eyes of the Chinese leadership. With 80% of all imported hydrocarbons to China going through the Malacca sea-route, China is vulnerable to having its overseas energy supplies blockaded by the American 6th Fleet during a Sino-U.S. geopolitical crisis… Another even bigger behemoth project is now in the works, a railway line is being discussed, which will follow the route taken by the pipelines. This project has a price tag of $20 billion dollars and would allow China to more easily import Burma’s precious wood and all sorts of other commodities, while also facilitating the flow of Chinese workers to the coast.
[en.wikipedia.org] – Sino-Myanmar pipelines
[forbes.com] – With Oil And Gas Pipelines, China Takes A Shortcut Through Myanmar
The natural gas field in the northern Dutch province of Groningen was once the 9th largest in the world and contributed significantly to Dutch prosperity since 1960. Original size field: 2.8 trillion m3 (100 trillion ft3). Current yearly extraction rate 80 billion m3, of which 40 bcm is exported. All in all, the Netherlands expects to be self-sufficient for ‘several decades’.
[dwarshuis.com] – more impressive pictures here
The trouble is: you can’t extract ca. 2 trillion m3 from a relative small area without noticing it above the ground. Unsurprisingly the soil subsides and earth quakes with a Richter strength of 3.5 are happening all the time and cause considerable damage to buildings and infrastructure. The province and its citizens are up in arms and demand a decrease in extractions.
Government response? Increase speed implementation renewable wind energy and [drum-roll] consider increasing gas imports from… Russia! This situation can be exploited by the Dutch government by suggesting to its own public that we cannot afford to jeopardize our already strained relation with Russia, so that’s why our secret service is sabotaging the investigation. But it is all for your own good, dear citizen. In this manner, the Dutch can avoid embarrassing their imperial overlord USA for the reward of 122.5 repatriated gold from the US. Everybody happy, perhaps even Russia, since nobody accuses Russia anymore about MH17. No longer in anybodies interest.
It is a done deal now: South Stream is history.
Or is it?
The map shows the Black Sea pipeline (“Turk Stream”) that is going to be built, with almost the same trajectory as the original South Stream one, except that now the new pipeline will end in Turkey rather than in Bulgaria. The difference is that Turkey is not member of the EU (and never will be) in contrast to poor Bulgaria. Turkey is not interested in obstructing the construction of the pipeline with “Third Energy Packages”, like the EU did until Putin called Brussels bluff, and says ‘thank you very much’ to Putin-Russia for this little present. Turkey and Russia, unlike the Euro-fools in Brussels, realize that Europe will need natural gas for decades to come. A pipeline through Turkey means additional billions of income for Turkey from transit fees, to be paid by European consumers, ruled by incompetent US satraps in Brussels. On top of that, Turkey will get an enormous and completely unnecessary political leverage over Europe, just because the Euro-cowards are too afraid to kick American *** hard by refusing to take any more orders from Washington. If Europe does something Turkey doesn’t like, Turkey can shut off essential gas supply in a minute.
The new situation also encourages Turkey to loosen its ties with the West and become a member of the SCO alliance, the alliance with a future, unlike the West. This new alliance will enable Turkey to project its power over the Arabian peninsula with the end goal of reestablishing the Ottoman Empire and removing the US from the Middle-East. And all the signs are that this is precisely Turkey’s intention. And as long as the US has a big mouth against Russia and China, both the latter will give Turkey the free hand in the Middle-East, as long as it hurts US interests. The West gets smaller with every passing day.
For fourteen years, Putin-Russia’s grand strategy has been rapprochement to Europe…
…but at a decisive moment, Europe and its two greatest losers Merkel and Hollance…
Spineless dangerous incompetent European losers, determined to run Europe into the ground by obeying any order from Washington, like giving Europe away to Islam.
… did not have the guts to oppose the neocon-criminals in Washington and say no to the Ukrainian misadventure. Now the SCO-strategy is to weaken the West by ‘stealing’ Turkey from the alliance, in perfect symmetry with the theft of Ukraine and attempted theft of Syria from the Russian sphere of influence. And Turkey, being the de facto natural leader of Islam and potential owner of most of the fossil fuel resources west of the Gulf, is a much more valuable ally than basket case Ukraine.
Earlier this week, Russia and Ukraine agreed on the price ($385/1000m3) of Russian gas deliveries for the coming winter. That’s settled then. Oh wait, Ukraine has no money. No worries, there is still the EU, we mean, the European tax payer. EU Energy Commissioner Gunther Oettinger suggested that if the Ukrainian gas company Naftogaz could not pay for the gas, the EU could buy the gas and resell it to Ukraine, obviously against soft conditions. Another suggestion could be that Russia will subtract the price of gas deliveries to Ukraine from the transfer fees it is paying to Ukraine for the right to transfer gas to Europe, through Ukraine. Europe is Russia’s most important source of income. Gazprom is lukewarm about the idea of the EU playing the cavalier, probably because in this way, Russia is loosing political leverage over Ukraine. Therefor Gazprom points at existing contracts that supposedly forbid reselling practices.
Next week a final agreement is expected between all parties involved.
[rt.com] – Ukraine’s multi-billion dollar gas debt: Who pays?
Ukrainian president Poroshenko has confirmed that natural gas supply from Russia has been secured for the coming winter, after an agreement was reached over the price: $385/1000m3. On top of that Ukraine will repay a part of its outstanding gas debts.
Editor: it means that Ukraine has caved in 100% to Russian demands. The alternative would have been Ukrainians freezing in their homes. Ukraine could have had gas for $269, as negotiated under ousted president Yanokovich, but after EuroMaidan and the CIA-sponsored coup, Ukraine went west. Well then, don’t expect a discount.
The EU commission wrote an internal report about what the consequences would be if Russia decided to stop delivering natural gas to Europe. The result can be seen in four graphs, depicting the European situation after 1, 3, 6, and 9 months respectively without Russian supply. Green is normal, dark red means less than 50% of normal consumption.
Milan came, Milan went. Despite declarations from politicians about agreement over ‘parameters’, there is no real solution for the gas crisis in Ukraine. Meanwhile in Moscow, the first snow has fallen. Perhaps in a week or so, Ukraine will follow.
A summary of the state of affairs: the Russians since June insist on a gas price of $485/1000 m3, but offer a discount of $100, provided the Ukraine first pays the outstanding gas bills. And from now on, considering the behavior of the Ukrainians in the past, the Russians will only deliver new gas on a pre-paid basis. The Ukrainians reject this and demand that the “just price” should be $269 (past and present), as negotiated by ousted president Yanukovitch in December. But that price was from a time when Ukraine was still in Russian orbit and Russia’s friend. Currently it is a western colony and now market prices prevail. Under pressure from the Europeans, they offered to pay the outstanding debt on a temporary $320 basis, until a final agreement would have been reached. The Ukrainians however insist that this kind of money paid would be for gas delivered, not payments on outstanding debt. The Russians declined and went home.
So what’s next? Temperatures will fall and Ukraine is going to suffer. Not difficult to predict what the Ukrainian government will do next: illegally tap, just like they did in 2009, forcing the Russians to shut of deliveries, intended for Europe, but passing through Ukraine. And since the Eurofools, on orders of Washington, halted the construction of South-Stream, (after all, we don’t want to be too dependent on Russia, now don’t we?) as a result, Europe is now dependent on Ukraine.
Guess what’s going to happen next? Europe is forced to foot the Ukrainian bill, that’s what’s going to happen. And isn’t that fair? After all, the pathetic eurofools who did show up on Euro-Maidan…
… as water-carriers for the US global empire, did they not proclaim that they would show solidarity with the protesters? Well then, pay, you suckers, at the expense of the European tax payers. What the eurofools achieved was, that instead of adding another huge territory (larger than France) to their EU empire on the cheap, they imported a total economic basket case, with a population, four times that of Greece, in far worse economic condition, but with huge expectations. Good luck with that. And on top of that they ruined relations with Russia. The satanic DC mafia can’t stop laughing. We don’t like to say it, but it remains to be seen if the EU construct can survive the errors made in the recent past.
[thesaker.net] – Deadlock and Gas Talks in Milan
Gas deal: $456 billion for 38 billion m3 over the next 30 years, starting in 2018. Price: 35-40 cent/m3. The US can be proud of itself. Through its clever maneuvering in the Ukraine, it has driven a wedge between Europe and Russia over the Crimean non-issue, leaving Russia little choice to prepare for the worst: opt for China as plan B. In that light it is of the utmost importance to tell the Americans to pack their bags and go home. America is not a friend, but a competitor and should be treated as such. Europe’s interests are first and foremost situated in Eurasia, that’s where the markets are, that’s where the resources are.
40% of Gazprom’s gas deliveries to Europa run through the Ukraine. Russia now threatens to cut back these deliveries because of the backlogs the Ukraine has in paying gas bills. This could have repercussions for Europe as well, since Russia could see itself forced to halt deliveries through the Ukraine to prevent the Ukraine from tapping. Russia has recently increased prices for the Ukraine after the later began to sail an anti-Russian course. Total Ukrainian debt: 2.2 billion dollar.
Royal Dutch Shell apparently is less impressed by predictions of rapidly depleting fossil fuel reserves, now that it is busy building the largest vessel in history (250,000 ton = 35 Eiffel towers) for the transport of floating liquefied natural gas, in South-Korea (by Samsung). Fully laden the weight of the giant (600,000 ton) would be five times that of an aircraft carrier and can be seen as the world’s largest fridge (-163°C). The fuel is intended to be pumped from the ocean floor near the Australian coast and can be received by anyone with enough cash and a large enough quay.
55 Dutch professors signed a manifesto against application of shale gas in the Netherlands. From an environmental point of view there are only disadvantages and commercial advantages are questionable. According to the signatories shale is a hype, not interesting for Europe and certainly not for the Netherlands. To begin with, shale gas can only be found on much greater depths than in the US. Shale gas reserves in Europe are mainly located in Poland and France, 3.5 trillion m3 each (together 30% of US reserves). In contrast to the US, the soil is property of the state. In the US a farmer is approached with a financial incentive to give drillers access to his land. In Europe environmental regulations are much more strict than in the US, making shale gas exploitation less profitable. Shale gas exploration involves a highly toxic brew of benzene, mercury, arsenic and radon, that easily could end up in the ground water. For this reason France has forbidden shale gas and Poland seems to give up as well after disappointing results. For Holland it could mean that ecological damage will outweigh financial gains. The conclusion is that the Netherlands should concentrate on 16% target of renewable energy in 2020. That will be difficult enough.
Reason: unusual cold weather, the breakdown of a pipeline with Belgium and most important, surprisingly little gas storage capacity. One expert said that Britain had less than 36 hours left and that rationing was a real possibility if the cold weather would continue. Gas prices increased with 50% overnight. Gas stores are 90% empty. Britain’s only sources are pipelines from Norway, Holland and Belgium as well as liquid gas from Qatar. A trip from the Middle East takes about 2.5 weeks. Sometimes the destination changes at full see, because some other country is willing to pay more. Power stations will be the first to be rationed, households last. International comparison storage capacity in days: UK-20, Italy-70, Germany-92, France-103, USA-180, Holland-23,000.
Some people believe that methane hydrates, located at the bottom of the sea, could be part of a future energy solution. Recently a Japanese firm reported that it had produced non-commercial quantities of methane from methane hydrates, present ca. 300m below the sea bed at 1000m depth near the Japanese coast.