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Russian
00:00:00
[music]00:00:06
Hello friends on the air00:00:08
geoenergetics info Maxim Radaikin and my00:00:10
interlocutor today Alexander Frolov00:00:13
Hello hello hello00:00:15
Alexander Brussels is ready to sue00:00:17
Berlin over gas export duties,00:00:20
please tell us what these duties are00:00:23
and why you need to pay extra for exporting gas00:00:26
from the territory of Germany that dynamics, well,00:00:28
made it possible not only to hope, but to00:00:30
practically guarantee the normal00:00:31
passage of the heating season if there00:00:34
were no abnormal cold weather, unless00:00:38
demand suddenly increased enormously, if the electrical energy00:00:41
produced by wind power plants did00:00:43
not disappear somewhere. Well, that is, a00:00:44
lot of factors had to coincide in order00:00:47
Specifically, the unrestrained filling of UGS00:00:50
turned out to be justified in00:00:52
the conditions of falling demand for00:00:54
gas, but something had to be done and it00:00:58
was impossible to do something outside the UGS,00:01:01
so the Europeans decided that00:01:05
UGS should be filled with all our might, but if00:01:08
you count the volumes that were00:01:10
covered, here are the decisions taken by the00:01:12
European Commission then they will be00:01:13
quite modest there, 1600:01:16
maybe 17 billions of gas, we again talked about this back00:01:18
in the second and00:01:20
third years, that is, in essence it was00:01:23
such a00:01:24
throw of dust in the eyes of a wide00:01:27
audience A wide audience is a00:01:30
financial problem because of Russia00:01:33
before February two of the fourth year00:01:35
came, there were no problems at all,00:01:38
of course, gas was $2,000 in00:01:41
December of the year, it was Russia in February of the00:01:43
second year that certainly caused this. And00:01:46
besides, we are working to00:01:49
overcome the crisis. To do this, we need to00:01:50
fill the underground gas storage facilities, that is, according to Essentially, in conditions of00:01:53
falling demand, Europeans began to00:01:56
fill underground gas storage facilities at an00:01:58
accelerated pace, which was supposed to show00:02:00
the population that we were coping with the crisis,00:02:02
but in conditions of shortage of supply, this00:02:05
provoked additional growth;00:02:14
for the problems of, say,00:02:16
Nord Stream and American and00:02:18
American liquefied natural gas,00:02:20
this led to an additional increase in00:02:22
quotes; quotes in August 2020 of the00:02:25
second year rose to $3,00000:02:27
per 1,000 heap of MTRO; the00:02:30
only reason why this00:02:31
happened was the forced purchase00:02:33
of gas for underground storage needs, moreover, by00:02:35
national operators through00:02:38
gas hubs, these hubs, through gas hubs. I00:02:40
apologize for simplicity, through00:02:42
gas00:02:43
exchanges, in particular,00:02:46
Germany did the same thing. On00:02:48
German territory there are approximately 23% of all00:02:51
underground gas storage capacities00:02:54
located, in principle, on the territory of the00:02:55
European Union. In total, there are00:02:57
approximately 1101 of them on the territory of the European Union.00:03:00
l ku Met Well, 23% of this volume00:03:04
please, this is Germany, that is, almost00:03:06
a quarter, that is,00:03:09
Germany, represented by00:03:11
its best people, so to speak, said Guys,00:03:14
fill the UGS, please fill the UGS,00:03:17
all the gas you can reach, grab it00:03:20
at any price, fill it up so that we have00:03:22
something show the audience so that our00:03:24
voters with Yes, we tried, we00:03:26
worked, we00:03:28
filled it out, you can’t show more accurately everything00:03:31
else that you can show is a00:03:33
failure in essence of the reforms of your00:03:35
energy market that have been going on since the00:03:37
ninth year, it’s not your fault,00:03:39
of course, but you didn’t do anything they did so00:03:41
that these reforms could be rolled back Yes, and they weren’t00:03:43
going to do it, you could present00:03:45
high prices for everything, you could00:03:48
present a drop in economic00:03:50
indicators, you could present a drop in00:03:52
living standards, you could present an increase in00:03:55
unemployment, you could present a fall in00:03:56
industrial production. But I do00:03:58
n’t want to present this, but the only thing00:04:00
is the positive can be presented00:04:02
doubtfully, but still positive, we00:04:04
filled the storage facilities. And who are the good guys? We are great, and the storage facilities00:04:09
were filled, and the guys spent00:04:12
1000:04:15
billion00:04:17
euros on this, 10 billion euros, and here we have it,00:04:21
including in the comments when we talked00:04:23
about this whole story periodically00:04:24
they asked What kind of business is this, that is,00:04:27
wait, they T bought Well, even if for00:04:30
Yes, even Let for 1000 dollars this00:04:32
same gas then the gas becomes cheaper. So it is00:04:37
necessary to Sell at a new price Yes, even00:04:39
if you were in the fall of twenty-three00:04:41
when you also had to show a00:04:43
wide audience yes yes We are ready for the UGS facilities to be00:04:46
filled Well, well, based on the results of the winter, you have00:04:48
UGS facilities in the UGS facilities of 65 billion00:04:51
cubic meters, which you bought at what price.00:04:54
Remind me. Well, according to the tap, it is necessary for a00:04:57
quarter of all,00:05:01
I’m exaggerating a bit, but about a00:05:03
quarter of the total volume which was Zakan00:05:05
in the UGS of Europe the Germans spent 1000:05:07
billion euros Guess how much00:05:10
Europe as a whole spent if 23% is 10 billion euros00:05:16
It was spent in the second year you know00:05:19
how much money was returned By December of the00:05:22
third00:05:25
year there were mil euros for the00:05:30
three years that were in the second00:05:33
half rego of the year for milda00:05:38
euro But in this turbulent situation00:05:41
Something must be done again, that00:05:45
is, the Germans decided to do the following:00:05:48
any foreign buyer who00:05:51
buys gas that is delivered from00:05:53
our underground storage facilities must pay an00:05:56
export duty, there will be a lot of00:06:00
costs, this is related to the question of how this00:06:02
business works this is how it00:06:04
works, you spend senseless,00:06:08
huge, irresponsible money on purchasing00:06:10
gas that you don’t actually00:06:13
need,00:06:15
it turns out No, okay, you were preparing for00:06:18
the worst, this is an excuse. That is, I00:06:20
can now make fun of two years from00:06:22
April 24 and say that this gas is00:06:24
not came in handy What if it’s really a cold00:06:26
winter, the wind doesn’t blow, everything’s bad And you00:06:29
have it, you can say we were preparing,00:06:33
but still, in fact, this gas turned out to be00:06:36
excess, you couldn’t plan a00:06:39
procurement strategy in such a way as to00:06:42
minimize this pressure on the00:06:44
stock exchange so as not to cause This00:06:46
crazy rise in prices of 3,000 dollars, can00:06:49
you imagine some volumes of gas00:06:53
were bought at 3,000 dollars per 1,000 cubic meters? And then you come up with00:06:57
a system whereby your Austrian00:07:01
and Italian neighbors, first of all,00:07:04
buy gas a little more expensive because they00:07:07
have to add more for every thousand cubic meters00:07:09
on top of the export00:07:11
customs duty that you came up with00:07:13
in order to compensate for all this. And00:07:16
at the beginning of this year the European Commission00:07:19
received a complaint from the Austrians and00:07:23
from the Italians, I will quote an operator00:07:29
who, back in April of the second year,00:07:32
was preparing for this idea that is necessary00:07:34
mandatory to store a certain share of gas00:07:37
in general, no matter what, mandatory to00:07:39
purchase and pump wrote the following in00:07:43
some of his recommendations, some of00:07:45
his conclusions, financial compensation00:07:48
should be collected on a non-discriminatory00:07:51
basis and not at the expense of tariffs for00:07:53
cross-border transmission, hello to00:07:55
Germany, costs for national00:07:58
storage obligations00:08:00
should covered by consumers or00:08:02
citizens of the same country, that is,00:08:06
Germany is acting extremely00:08:08
unsightly by minimizing the price pressure00:08:13
on its citizens on its large00:08:15
consumers and shifting this pressure00:08:18
onto the Austrians and Italians Well, someone else00:08:20
there fell under the00:08:22
distribution Of course, after00:08:25
based on already00:08:27
existing recommendations,00:08:31
conclusions were drawn by the regulator, the00:08:33
European Commission. Yes, it will file some00:08:36
complaints, it will go to court, and perhaps00:08:39
the amounts that were managed to be returned due to00:08:41
this cross-border tax due to00:08:44
this export customs duty00:08:47
will have to be returned to consumers and00:08:50
some kind of compensation will have to be paid.00:08:52
Because when we they talk about the collective00:08:54
West, they forget that the collective00:08:56
West is a const00:09:00
simulation, it’s a non-existent thing, it’s00:09:03
a bunch of spiders locked in one jar and these00:09:07
spiders interact very strongly with each other,00:09:09
especially in conditions when you know the00:09:11
food supply has sharply decreased and it00:09:14
has decreased sharply since the first day year to the00:09:16
current moment here and In the current in Dan In the00:09:20
current situation we can conclude00:09:22
that the complaints from Austria the complaints from the Italians00:09:26
were agreed upon by00:09:28
the European Commission with the necessary documents Yes,00:09:30
most likely they will demand compensation00:09:33
from the German leadership They will00:09:34
defend themselves, there will be some appeals00:09:36
and so on, etc. But here So, the00:09:39
friendly family of European peoples, we00:09:43
spend 10 billion on gas, we were able to00:09:45
compensate for half a billion of this amount,00:09:48
and it is desirable that it is not us who compensate,00:09:51
in the sense of not our consumers who have already00:09:53
drunk a little over the past00:09:56
time, but some neighbors whom we00:09:59
obviously don’t feel sorry for For now, I will note00:10:04
the following I will note for now the following00:10:06
gas consumption in Germany relative to the00:10:09
average for the nineteenth and twenty-00:10:11
first year decreased00:10:13
by approximately 19 billion cubic meters two third year00:10:16
And one more point I would like to highlight00:10:19
Yes, I’m looking at the cheat sheet here I00:10:22
hope no one will be offended in February of00:10:24
which year, according to euro data, the decrease in00:10:29
industrial production in Germany00:10:32
compared to February 2023 exceeded00:10:36
6%00:10:38
61% was the decrease in this00:10:42
indicator in these conditions for the German leadership.00:10:47
Of course, it is necessary to look for opportunities00:10:50
to reduce price pressure from its00:10:52
domestic consumers for whom00:10:55
these tariff reductions are not means that it’s all over00:10:58
because the regulator and00:11:02
the European Commission say,00:11:04
guys, the sun, the loot that you spent on00:11:06
the purchase of gas, at our urgent00:11:09
request, needs to be compensated at the expense of00:11:12
local consumers, both industrial00:11:15
and household, so get ready, local00:11:18
consumers, industrial, household,00:11:21
nothing is over for you, dear friends, and00:11:24
may show for ro00:11:30
this demonstrates the extremely00:11:33
negative fact that we are to them, in an extremely00:11:35
negative scenario, we are all our00:11:38
neighbors Well, the neighbors are not going anywhere in the00:11:41
broadest sense of the word00:11:43
These neighbors are not going anywhere, they will be00:11:45
close to us at some point we will need to00:11:48
build a new one with them system of00:11:50
relationships We will need to come to00:11:54
the world00:11:59
Uvi When the crisis is nominally over00:12:03
you see What quotes are low only 30000:12:06
Oh already 370 dollars well don’t00:12:09
look there it’s normal 370 dollars00:12:11
is a00:12:12
little per 000 cubic meters but nominally the00:12:15
crisis is over However no The legacy of the00:12:19
crisis that lasted for the twenty-00:12:20
first year has not gone away. But this00:12:23
crisis was painful because of the decisions00:12:27
that were made from the crisis of00:12:30
20079 and implemented00:12:33
over the past 15 years, that is, this is a00:12:36
protracted,00:12:37
bad, extremely negative story, and00:12:41
given that our leadership, the00:12:43
leadership of the Russian Federation is clearly00:12:45
trying to maintain threads of interaction00:12:47
with large business in the European Union00:12:50
is trying to maintain those business relations00:12:54
on the basis of which Then it will be possible to00:12:55
build a new system of00:12:57
relations with states,00:12:59
these problems of the same00:13:02
German large00:13:04
consumers will hit this00:13:06
strategy Well, because some of them will00:13:09
simply leave Europe for some00:13:11
then this does not mean that they00:13:14
will not have industry, so understand this. There is no00:13:16
need to have some kind of industry,00:13:18
but they will have the potential, the industrial potential00:13:21
for00:13:23
restoration, so it will suffer.00:13:25
In general, dear friends, this is the00:13:28
situation and everything is00:13:32
shaping up interestingly in the collective West within00:13:35
itself, the so-called collective West00:13:37
within itself continues to remain00:13:40
what it was throughout its entire00:13:42
history, a ball of kissing snakes or, if00:13:45
anyone likes, spiders in a jar Alexander00:13:49
Thank you very much for the comment, friends,00:13:51
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[music]Description:
The EU will sue Germany over a law that prevents the refusal of gas from Russia. The European Union plans to sue Germany if it does not make changes to the gas law. According to it, supplies of German gas are subject to tax. Neighboring countries have expressed the view that this prevents them from reducing their dependence on gas from Russia. We'll tell you what awaits Germany in a new video from Geoenergetics Info. Our telegram: https://t.me/geonrgru Our Zen https://dzen.ru/geonrgru Become a sponsor of the SPONSOR.RU channel ► https://sponsr.ru/geonrgru/ Support the channel: Sberbank - 2202 2012 9019 8734 Maxim R. Tinkoff - 4377 7237 6815 3060 Maxim R. VTB - 2200 2407 5683 3253 Maxim R. https://yoomoney.ru/to/410018728624134 (donation service) Please DO NOT indicate anything in the comments and the purpose of the translation! VK ► https://vk.com/geonrgru YANDEX.ZEN ► https://zen.yandex.ru/geonrgru Geoenergetics website https://geoenergetics.info Advertising, cooperation: https://t.me/radaykinpro [email protected] Be sure to subscribe to the channel, set all notifications, like and write comments! You help promote the channel! #news #Russia #Germany #Europe #politics #news #economics #newstoday #USA #Putin #newvideo #eu #europe
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