all right Alexander let's talk about the energy situation in uh Europe let's talk about the electricity situation maybe in Europe as well I don't know if we've actually talked about this in detail the uh the baltics um moving away from the Russian electric grid and now they're on the EU electric grid we did touch touch on this a little bit in the video we made it a week ago but um the the plan for all of this was was to get kinr right that's what they wanted to do of course it was um we actually
had quite a lot of information about this because there was a discussion about it in Moscow which was shared by none other than Putin himself anyway basically the story is that during the Soviet time um as a unified electricity grid was created uh bringing together Western Russia bellarus and the Baltic states but after all they're all part of the Soviet Union at that time and of course that included kaliningrad as well so the idea that they came up with the Europeans came up with back in 2018 or perhaps even before was to disconnect the Baltic
States from the Russian electricity grid that would then disconnect kaliningrad from the Russian electricity grid the European Union would provide electricity supplies to the Baltic states so they'd be able to keep the lights on but kaliningrad does not have a direct border with Russia so it would be plunged Into Darkness there would be a huge crisis there and well that would open the way for all sorts of things to happen you know to to force the Russians into perhaps making concessions perhaps in the fantasies of some people even to move in and to occupy kening
glad itself though that would still have been very very dangerous well the Russians thought that was going to happen they started preparing from 2014 Putin gave a order made an order then that kaliningrad needed to be ready for this electricity cut off apparently four power stations were created in kaliningrad um uh transmission lines everything was done to make kaliningrad ready for this cut off which was to come app apparently that was all successful kaliningrad continues to receive stable electricity supplies there's been no increase in electricity prices in kaliningrad the Europeans and the Baltic states which
planned this thing which planned the cut out failed to do anything similar the Baltic states have been cut off from the Russian electricity grid they've had to import electricity from the European Union nobody really prepared for it nobody really planned for it electricity prices at the Baltic states have doubled the uh uh there are apparently power cuts and all kinds of shortages going on the Pulp and Paper Mill which is one of the few Industrial Enterprises left in Estonia has had to close so instead of kening grad being plunged Into Darkness it's the Baltic states
that now have problems with their electricity now this is the same story that's playing out right across Europe on a much bigger scale obviously so far without anything of the same drama but something very similar you remember a couple of months ago when a couple of weeks back in January when uh zalinski said that he was not going to renew the transit contract for Russian gas to Transit across the pipelines the Ukrainian pipelines to Europe we had all those reports all those assurances from the European commission that there's nothing to worry about there's all been
prepared for it's all been factored in all of those things well it turned out otherwise there are now apparently critical shortages in the European gas reserves they Fallen below 50% altogether Which is far worse than normally happens at this time of year year um energy gas prices have been shooting up across Europe the European commission started to panic they've now said that um there is they they've now reduced the requirement for uh European countries to stop power gas in the reserves during the summer so that means that they can use more gas to get through
the winter but of course all that threatens to do is to create more problems next winter when the winter comes around because it's likely that when we reach Autumn winter there will be less gas in the reserves than there ought to be at the start of the next winter season so all of this story about you know we've been able to get wean ourselves off Russian gas we've been able to uh uh uh find our way out of these problems we see that all of these lies that we've been hearing since 2022 they're start they're
starting to catch up with reality I wonder what would happen if they lose the the US LNG which is not impossible I mean you know this is a thing to bear in mind I mean do they have any other options they I mean they talk about they they talk about Qatar and they talk about Qatar all the time you remember the project to rebuild the pipeline across Syria Cara has said no we're not interested in that they they've invested massively in LNG why would they now be thinking about a pipeline uh a lot of kar's
gas some of it goes to Europe most of it goes to East Asia there's gas from Algeria but of course that doesn't have anything like the necessary volumes they need LNG from the US and of course though they don't like to talk about it very much they've had to import more and more LNG from Russia and there's an article in the financial TP which says you know we got this major problem it's of course always described as a problem that Russia is becoming this massive producer of LNG the yamal LNG facilities are enormously huge and
tremendously efficient that that they could Supply Europe with LG so it's a real problem that as uh prices rise in Europe and uh uh shortages grow that there is this Russian facility which is a temptation to the Europeans perhaps to start importing more gas directly from Russia again that's a problem apparently at least in the minds of the financial times but the fact is I mean this cut off of Russian Pipeline gas which they decid decided to do in 2022 has turned into a disaster they were protected to some extent by the fact that they
had two relatively mild Winters in a row they were able to um achieve to avoid blackouts through a huge amount of demand destruction in other words closing down factories or moth balling factories and doing that sort of thing um they were also bailed out by very expensive Imports of American LNG but in the end this is all now catching up on them and they don't really have an answer to any of this yeah um just a final comment or question and and they're moving forward with the 16th sanctions package which is going to be targeting
the the Russian Shadow Fleet what what what are they thinking well I mean why why well indeed I mean they're doing all of that at precisely the time when the Americans are talking about normalizing their relations with the Russians and looking for ways eventually to start lifting sanctions so I mean it's it's completely rational and you know going after the shadow Fleet apparently they also want to now uh lower the price cap on Russian oil you know the oil that gets uh uh shipped along you know through around the world which this is this is
a Biden Administration idea but they seem to still be running with it anyway I mean all that's going to happen is that all those tough-minded ruthless in um incredibly acquisitive ship owners Brokers dealers all of those people they're going to rub their hands with delight they're going to say this is a wonderful opportunity to start up Russian gas uh uh traded around the world the Russians will give discounts bear in mind they will probably give some discounts now not enough to make real problems for themselves but you know there will be some dis discounts so
all of these people are get to rub their hands with Glee they're going to say now it's the time to get as much Russian gas as we can at relatively low prices we know the Americans are going to lift the sanctions eventually so we're not going to be under any real risk if we do that and in the meantime we can trade with all of this gas we can launder it we can pass it through karach or Jakarta or wherever we can sell it to the Europeans at even higher prices so you're going to make
all these very very tough inquisitive uh people you're going to make them even richer than they than they already are uh it really does make you wonder who exactly is running things in Brussels and whether they have any idea what they're doing about anything anymore and you pass on the cost to the to the citizens of Europe absolutely absolutely yeah all right we will end the video there the Duran local.com we are on Rumble Odyssey telegram rockfin X go to the dur shop pick up some merch like what we are wearing in this video update
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