Vote Trump 2016 !

Vote Trump 2016 !
Trump 2016
Showing posts with label Energy Security. Show all posts
Showing posts with label Energy Security. Show all posts

Saturday, March 15, 2014

Crimea/Ukraine crisis - follow the money

Russian forces cross Crimea border to seize gas plant on eve of referendum


Russian forces backed by helicopter gunships and armored vehicles Saturday took control of a village near the border with Crimea on the eve of a referendum on whether the region should seek annexation by Moscow, a Ukrainian official said. 
Fox News confirmed Russia troops took over a gas plant in the Kherson region, located between Crimea and Russia. 
Follow the money, and read on

16% of Natural Gas Consumed in Europe Flows Through Ukraine


Source: U.S. Energy Information Administration, IHS EDIN, and International Energy Agency
Note: Representations of international boundaries and names are not authoritative.
Europe, including all EU members plus Turkey, Norway, Switzerland, and the non-EU Balkan states, consumed 18.7 trillion cubic feet (Tcf) of natural gas in 2013. Russia supplied 30% (5.7 Tcf) of this volume, with a significant amount flowing through Ukraine. EIA estimates that 16% (3.0 Tcf) of the total natural gas consumed in Europe passed through Ukraine's pipeline network, based on data reported by Gazprom and Eastern Bloc Energy.
Two major pipeline systems carry Russian gas through Ukraine to Western Europe—the Bratstvo (Brotherhood) and Soyuz (Union) pipelines. The Bratstvo pipeline is Russia's largest pipeline to Europe. It crosses from Ukraine to Slovakia and splits in two to supply northern and southern European countries. The Soyuz pipeline links Russian pipelines to natural gas networks in Central Asia and supplies additional volumes to central and northern Europe. A third major pipeline through Ukraine (Trans-Balkan) delivers Russian natural gas to the Balkan countries and Turkey.
In the past, as much as 80% of Russian natural gas exports to Europe transited Ukraine. This number has fallen to 50%-60% since the Nord Stream pipeline, a direct link between Russia and Germany under the Baltic Sea, came online in 2011.



http://theenergycollective.com/todayinenergy/354301/16-natural-gas-consumed-europe-flows-through-ukraine

If you would know the value of money, go and try to borrow some; for he that goes a borrowing goes a sorrowing.
BENJAMIN FRANKLIN, Poor Richard's Almanac

Read more at http://www.notable-quotes.com/m/money_quotes.html#SspU4LodCuGHeWKd.99