WHY DOES POLAND BUY GAS FROM RUSSIA?

Tusk would sell Poland out in an instant and this is the view of many Poles I have talked to. Mel Gibson, LOL. An American-Aussie, not a Scot.

Well, we are on average smart people and yes he would.


Did he forgive you for betraying him? Is he on beer terms with Robert de Bruce again? If not then you're still bloody traitors.

What about in Russia - Barents, Yamal peninsula, Sakhalin etc etc
Russian influence - Iraq, Iran, Africa etc etc

What would Europe do if Russia chose to sell their West Siberian gas to China instead ?

Edit - Together Russia and Iran have nearly 20% of the worlds proven oil and gas reserves. Still a lot of drilling to be done.

Russia wont do that, Europe is ready to pay money China is not, not to mention the political leverage, the only reason why Europe even talks with Russia is the fossils, Russia is economically, politically and militarily pathetically weak but it still has a strategic resource in the form of its fossil fuels so your question will never happen, ever.


We dont know, the problem with Russia is that if my theory is indeed correct and they have prognosed that they will run out of juice in lets say 20 years there's no way for us to know, all the can do is make conclusions based on their actions and their actions indicate they're starting to streamline exports via legal and illegal ways.


Russia has no influence in Iraq, little capability of projecting any more influence in Africa then it already has, but Iran is a different story, Russia would probably consider nuking Israel and US forces if there was an invasion.


Most of whats left is in areas difficult to reach, like deep ocean bed, Russia and Iran sit on deposits that are cheap to extract, this economic feasability is more crucial then the existence of resource itself. Poland has enough gas to supply us for 70 years but we dont extract it due to high cost.

If China were willing to pay the same as or more for fossil fuel, I am sure Russia would consider it. China is a rich nation, built on the backs of American consumption. Are they not the biggest holders of US debt?



Look at the Canadian Oil Sands (tar sands) At $40 US per barrel, it made no sense to extract it, because of the processing costs. But at $70, there is lots of money in it. And business is booming. There will be a point when it is economically attractive to go to these difficult areas and start extracting it.

Which it is not, Chinese economy is strong mostly on debts owned, it still doesnt have that much of an actual capital base (only 52% of what US has and about 41% of EU) and they're still developing across the board, they cannot afford to pay through their ears.


Question is will they be able to cash it in, US is preparing for something, personally i think they'll start something with Iran that draws China in and allows for US to illegaly bail out (for example bankruptcy or change of currency).


Yes, when neccesity drives price, but at that point we''re talking world war since many countries like Russia will be unwilling to relinquish their power status or face economic collapse and will try to take areas that still hold some resources, so at that point it wont really matter who has what.

oil pipeline linking Russia’s far east with northeast China is set to start operations late next year, state media reports. Construction of the pipeline, slated to run from Skovorodino to Daqing and is projected to carry 15 million tonnes of crude oil annually between 2011 and 2030. - China Business News 2009


I would say its wrong, the proven reserves will still be producing for decades.


October 13th 2009 - Lukoil ( Russia ) agree terms to start drilling in West Qurna-1 ( proven crude oil reserves of 8.6 billion barrels ).


Nah, its the geo political situation that is the most important factor.

I might disagree with you here.

China 6th largest holder of Gold


Worlds biggest foreign currency reserves


I wouldn't underestimate the Chinese financial picture. The government keeps a great percentage of the inflows of cash in their coffers, regardless of who makes what.


Maybe not dollar for dollar, but I am sure they will play hardball (financial or otherwise) if push comes to shove.

Check GDP levels.


Its not going to touch them though, especially not for fossils.


Thats one reason but you have to realise these guys have the most spongy economy out there, the resource consumption is probably the highest and definitely the least efficient, i'm going to have to research that but off the bat i'm pretty sure with their rate of development only a fraction of thse funds is freed up for potential purchases.


If push comes to shove US can just declare bankruptcy and China will do what? Of course this would ruin worldwide economy but if we assume US is bankrupt and its getting there pretty fast the US gov might just not care anymore.


That proves they want to supply China not that they want to shift markets.


With USA approval naturally, which drives point home, USA is the sole controller of Iraq and its resources, this might have been payday for leniency in case of Iran or trying to give Russia carrot enough that it doesnt act when US/Israel nuke Iraq, the point is its not an independent move but a US approved action.

4th in the world. Don't forget, that wealth is not necessarily distributed to the population at large. Also take into consideration the value of those goods historically produced - 20 years ago, crayons and some small toys. Today, appliances and televisions. Tomorrow exported automobiles. Definitely a growth trend.


Yes, highly dependent on demand from North America and Europe. Although I agree with your point as to efficiency in their economy, they are smart people, and will catch up on things like efficiency improvements, lean manufacturing and cost of quality.


Go on a shopping spree with all that gold. They also have a great deal of Euro currency in the bank. When US gets cheap - convert Euros into dollars and buy some property. It is happening in Canada right now. For years, the Can$ was anywhere from $0.62 to 0.85 US. Now it is near par, and Canadians are buying up US real estate in nice warm places. The housing bubble in the states also helped.

With a collapsing economy? What guarantee they have US is not going to nationalize their purchases after they get the gold? Thats a high risk operation the Chinese would be getting into.

Because the gas is in Russia.

jajajaja

You don't know about Gazprom do you? At least the Poles have it off good. Look at the Ukranians, they get theirs shut off a few times every year (usually during the freezing winters), their prices sky rocket, and the Kremlin calls them thieves to the world media.

It's because the Gazprom has the vast majority of gas in Europe and especially Eastern Europe; as for the little that exists OUT of Russia in Europe, Gazprom either fully or partially owns the gas lines, source, and company. It's called Russian style capitalism.

Poland doing bussines with Russia

Did you ask them ["russian pigs" or "ruskies" I mean] if they knew about it? :)

Running into that kind of threads Sasha understands why he doesn't post here that much anymore...

Come on, this is much of fun to expose from time to time ignorance of some people posting here. If wiser posters wont ridicule their activity in the forum then they will simply post more and more BS. You are dis-encouraging factor for many. :)

Liquefied natural gas
en.wikipedia.org/wiki/Liquefied_natural_gas

I can't find the news article but I know Poland has signed NUMEROUS contracts with countries such as Qatar for example to import liquefied natural gas. I also can't find the article I read which was talking about Poland frantically trying to finish a massive liquefied natural gas refinery in the north (near Gdansk). So they can begin excepting shipments from oh I dunno..... other countries that ACTUALLY want to do business with them, instead of playing Russian Roulette (no pun intended).

I know old habits die hard buy if Poland follows through and gets nuclear power plants installed/up and running in the next 20 years, people could begin using electricity for more things as it would be cheaper. Thus not having to rely on Russian/foreign natural gas.... And when I mean "use electricity for more thing", I mean a stove instead of natural gas. I know electricity is expensive in Poland most parts of Europe and natural gas has just been more common. But just like here in Canada, and I am sure across Europe, energy monopolies are everywhere.

Just in case you were wondering the majority of houses in Canada are heated by natural gas, and a good portion of stoves use electricity not natural gas.

I guess if the Ukrainians would start paying the same amount of money that Poles do, then their gas might not get cut off. There are plenty of sources that Ukraine could get gas from without ever touching Gazprom pipes.

With the new contract, it's pretty straightforward. Ukraine pays market gas prices, Russia pays market transit prices. win-win.

WHY DOES POLAND BUY GAS FROM RUSSIA?

Because, in Poland, there is an extreme bean shortage, and, therefor, Poland has trouble producing it's own gas...However, the recent cabbage harvests have been substantial, so this may help solve the problem.

Well, it might have something to do with the fact that Russia is so damn big, the biggest country in the world, in fact, and thus, have a lot of natural resources like N.G. They sell it because they have a surplus. Many countries buy it.

Fart it out

Poland could become major gas supplier

upi.com/Business_News/2010/04/05/Poland-could-become-major-gas-supplier/UPI-12281270495487/

WARSAW

Poland, April 5 (UPI) -- Oil and gas experts predict Poland will become a major natural gas supplier with enough reserves to make it self-sufficient in the near future.

One firm, Wood Mackenzie, estimates Poland has 48 trillion cubic feet of reserves in areas deemed unconventional but accessible through an extraction technique developed in the United States that now produces 50 percent of the U.S. natural gas output.

The technique of hydraulic fracturing allows energy companies to extract natural gas from tight rock formations, The Times of London Online reported Monday.

Because China is not selling it to Poland ...yet...???

Enough to supply the EU for nearly 2 years!

Yea, I'm not seeing a lot of export there...

where else could poland get gas? russia has it and none else in europe does..

Thread attached on merging:
100 billion gas business deal between Tusk and Putin: now you understand "Crash"

h t t p : / / coto2.wordpress.com/2010/04/24/poland-russia-gas-deals-plane-crashes-a nd-political-assassinations/

Polish Prime Minister Donald Tusk is set to seal a key gas deal with Russia's Gazprom days after the death of opponents to the contract - including Polish President Lech Kaczynski - in a mysterious plane crash in Smolensk, Russia, reports Polskaweb.

Under the contract worth an estimated 100 billion dollars - the biggest business deal in the history of Poland - Poland is to increase its imports of Russian gas.

The contract to buy gas from Gazprom until 2037 will make Poland 100% dependent on Russian gas for the next 28 years in spite of the announcement of the discovery of huge gas reserves in Poland in April just before the memorial service in Katyn, Smolensk.

h t t p : / / birdflu666.wordpress.com/2010/04/21/was-the-polish-president-killed-ov er-landmark-gas-deal/

business.timesonline.co.uk/tol/business/industry_sectors/natural_resources/article7087585.ece

Platforma Obywatelska and ex-communists prefer to make us dependent on Russian gas however. They're just doing their job. They just have a different vision of idependent Poland. PiS was such an obstacle.

That about says it all... as if the US - with its own vast quantities of drillable shale - is looking out for the (business) interests of Poland. Right... ;)

You have found a universal method to deal with all "political matters". There's method in that madness.

From your link -