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re: Latest Updates: Russia-Ukraine Conflict
Posted on 9/1/22 at 10:29 am to CitizenK
Posted on 9/1/22 at 10:29 am to CitizenK
quote:
One of the three oilfields it signed a contract to develop. Another of the size is in midway between Dnipro River and western border>
If you want to see the largest thing that Russia has stolen. Look at Crimea’s offshore gas fields. Russia not only stole the gas fields that would have been billions for Ukraine and would made Ukraine energy independent.
1
Posted on 9/1/22 at 12:06 pm to WeeWee
What Russia did was take out a potential competitor for the European natural gas market. Shell's concessions were Donbas. The rest cancelled due instability in UKR. I cannot say that I blame them, since no one in the West was actually supporting them other than cursory gestures against Russia.
Russia is NOT a low cost producer of anything. They pay dearly to drill, complete and get to market. This in spite of not giving a crap about waste with leaking pipelines, oil lakes near wells in Siberia (from blowouts) and constant flaring at oil wells (it is too expensive to lay a pipeline to capture the smaller amount of natural gas).
Russia is NOT a low cost producer of anything. They pay dearly to drill, complete and get to market. This in spite of not giving a crap about waste with leaking pipelines, oil lakes near wells in Siberia (from blowouts) and constant flaring at oil wells (it is too expensive to lay a pipeline to capture the smaller amount of natural gas).
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