Tyler Durden – Activist Post July 18, 2022
Already days before the July 22 European “Doomsday” when the scheduled Russian 10-day maintenance of the crucial Nord Stream pipeline to Germany is slated to end – but which was thrown into deep doubt given Gazprom recently said it can no longer guarantee its “good functioning” due to crucial turbines being previously held up in Canada related to sanctions – the Russian energy giant has declared Force Majeure to one major European customer.
Simply put, Gazprom declared extraordinary and extreme circumstances to void itself from all contractual obligations to this customer, thus the gas will stop flowing indefinitely, as Reuters reports in a breaking development Monday, “Russian gas export monopoly Gazprom has declared force majeure on gas supplies to Europe to at least one major customer starting June 14, according to the letter seen by Reuters.” The letter is dated July 14. “It said the force majeure measure, a clause invoked when a business is hit by something beyond its control, was effective from deliveries starting from June 14,” writes Reuters.
The letter invoked “extraordinary” circumstances outside the company’s control, Reuters continues, citing a source saying the customer in question is Germany via the Nord Stream 1 pipeline.
And Bloomberg is also confirming:
- GAZPROM SENT FORCE MAJEURE NOTICE TO AT LEAST 3 BUYERS
- GAZPROM FORCE MAJEURE NOTICE APPLIES TO FLOWS FROM JUNE 14
- UNIPER SAYS IT HAS RECEIVED LETTER FROM GAZPROM EXPORT IN WHICH COMPANY RETROACTIVELY CLAIMS FORCE MAJEURE FOR PAST AND CURRENT SHORTFALLS IN GAS DELIVERIES
- UNIPER: WE CONSIDER THIS TO BE UNJUSTIFIED AND HAVE FORMALLY REJECTED FORCE MAJEURE CLAIM
It seems this letter declaring its legal release from supply obligations going back to June 14 is in preparation for definitive action on July 22, namely that the pipeline’s operations are likely to remain suspended past the scheduled reboot/supply back online designated date.
EU – Whilst you are distracted by hysterical news reports about climate, the real heat (or lack of) is in Europe.
Russian Gazprom has declared a Force Majeure notice on gas deliveries.
Meaning … there won’t be any!
This is huge news.https://t.co/gMilU5VKSr
— Bernie's Tweets (@BernieSpofforth) July 18, 2022
In an analysis from earlier this month (available to pro subscribers), UBS economists laid out a detailed vision of what they see happening if Russia halts gas deliveries to Europe: It would reduce corporate earnings by more than 15%. The market selloff would exceed 20% in the Stoxx 600 and the euro would drop to 90 cents. The rush for safe assets would drive benchmark German bund yields to 0%, they wrote.
“We stress that these projections should be seen as rough approximations and by no means as a worse-case scenario,” wrote Arend Kapteyn, chief economist at UBS.
“We could easily conceive economic disruptions that lead to more negative growth outcomes.”
To be sure, markets are already pricing in some of the damage beginning with the euro which starting this month traded at a fresh two-decade low and touched parity with the dollar, something it hasn’t done since 2002.
IEA WARNS EUROPE MUST CUT GAS CONSUMPTION IMMEDIATELY – FT
— First Squawk (@FirstSquawk) July 18, 2022
Meanwhile the Paris-based International Energy Agency (IEA) is still even amid this “red alert crisis” for Europe bizarrely focused on responding to the emergency in a way “consistent with the EU’s climate ambitions”… this as Germany and other European populations are about to clearly enter an extremely difficult winter, to put it mildly.
From a fresh IEA report: After many months of warning signs, Russia’s latest moves to squeeze natural gas flows are a red alert for the EU – a snippet of which is below…
* * *
The world is experiencing the first truly global energy crisis in history. And as the International Energy Agency has been warning for many months, the situation is especially perilous in Europe, which is at the epicentre of the energy market turmoil. I’m particularly concerned about the months ahead.
The gas crisis in Europe has been building for a while, and Russia’s role in it has been clear from the beginning. In September 2021 – five months before Russia’s invasion of Ukraine – the IEA pointed out that Russia was preventing a significant amount of gas from reaching Europe. We raised the alarm further in January, highlighting how Russia’s large and unjustified reductions in supplies to Europe were creating “artificial tightness in markets” and driving up prices at exactly the same time as tensions were rising over Ukraine.
Click to enlarge
After Russia invaded Ukraine on 24 February, nobody in Europe or elsewhere could be under any illusions about the risks around Russian energy supplies. Just a week after the invasion started, the IEA released our 10-Point Plan to Reduce the European Union’s Reliance on Russian Natural Gas, setting out the practical actions Europe could take. It stressed the need to maximise gas supplies from other sources; accelerate the deployment of solar and wind; make the most of existing low emissions energy sources, such as renewables and nuclear; ramp up energy efficiency measures in homes and businesses; and take steps to save energy by turning down the thermostat.
Read more of the full IEA report here
Original source: ZeroHedge
THE JEWISH PLOT TO DESTROY THE USA
https://nationalvanguard.org/2020/02/the-jewish-plot-against-america/
Hard luck, Turks, Somalis, Nigerians, Indians, Pakistanis, Syrians, Iraqis–or will these be favoured with heat and light in our countries?
Friends, get out of the cities, now.
If you own a home in one, sell it, downsize and buy something small and easy to heat in the countryside – preferably with circa an acre of land around it.
While you are at it, grow food ( very easy to do ) , look for a spring well near you, keep hens, stockpile cylinder gas/coal/wood.
Research a Volcano Burner – an interesting option as a fall back cooker/heater.
Get a good mountain bike and get fit enough to use it.
Stockpile tinned, jarred and dried foods.
Stockpile candles and matches, cleaning and hygiene products.
Home school your children.
Ditch the TV/Radio.
Disconnect from the matrix as much as you can.
As a long standing supporter of the EU and its political ambition in a world of economic masses, such as the US, China, Russia and growing trade areas, the EU was the best representation for Europeans.
Having said that, it was never perfect, and EU states are either militarily occupied, or politically controlled by the US/UK. I always had this kind of fantasy idea that one day they would break their chains, and not long ago they had a small window (in my belief) where the respective German and French military leaders could demand leaving NATO, or do so through coups.
They missed that boat, and so I say, with great regret, feck the thicko EU sheeple. The deserve everything that’s coming to them.
Who is Tyler Durden, but a CIA bot.
First, there are other ways to keep warm, so no one will freeze to death and second, they’ll still have gas anyway, because it will come from the american suppliers. That’s the point of the war remember — to shift all the buying from the “bad guys” to the “good guys”.
I’d also point out that millions were supposed to die from cold last winter too, just as millions were supposed to be dying from cold in the southern hemisphere right now — but no one’s dying, just as no one ever dies.
It is really difficult to understand why the highly pragmatic, clear sighted Germans have put their entire economy in jeopardy by supporting the idiotic EU sanctions. The current German government has a lot to answer for. The German voters should be much more pro-active. Getting rid of Stolz should be their first move.
Well as Europe loves to shove its tongue up the USAs arse, what does it expect to happen?
So the EU sanctions Russia and cuts off its own gas supply from Russia and because of that Russia is to blame for cutting off the EU’s gas supply?
It’s like a political satire of themselves and they’re the ones writing it.
All the WeF’s little ducks are lining up nicely for them…
Wouldn’t you say?..
mind you it’s hardly surprising.. given that they have been telling you what they have planned for decades…
As the German government is totally controlled by the US, this was bound to happen. Hopefully it will see uncontrollable rioting in Germany.
I have two sleeping bags rated to keep you warm up to -30F. I would suggest Europeans start buying them while they can.
Is there any intelligent person who doesn’t doubt the geoengineering of temperatures in Europe? Not to mention the outright manipulation of temperatures by the EU, UN, media? Now we are seeing news reports explaining this is a warning of severe climate change fact. They are promoting this as part of the great reset without announcing it of course. Agenda 2030 and a digitalized world.
> Is there any intelligent person who doesn’t doubt the geoengineering of temperatures in Europe
Yeah, so circa 100,000 planes have been flying all over the entire northern hemisphere dumping untold amounts of chemicals that have been taken from the thousands of factories making the stuff by tens of thousands of tankers so the 100,000 pilots can fly the 100,000 planes to dump it all on your head.
The world is a very big place. No matter what your fantasies are, the human race doesn’t have the ability to do what you are suggesting. Yeah, I know, I’m a NWO troll.
> It stressed the need to maximise gas supplies from other sources;
To profit america.
> accelerate the deployment of solar and wind;
To profit the billionaires building and erecting them.
> make the most of existing low emissions energy sources, such as renewables and nuclear
To profit the billionaires that already own them.
> ramp up energy efficiency measures in homes and businesses;
To profit the billionaires making, selling and fitting them. They’ll mostly be forced on renters who can’t afford the rental increases that’ll be imposed to pay for them. The uk has at least two laws in place to force this.
> and take steps to save energy by turning down the thermostat.
Heaven forbid. Next you’ll be suggesting putting on more clothes and using a blanket.
> Friends, get out of the cities, now. If you own a home in one, sell it, downsize and buy something small and easy to heat in the countryside etc etc etc
More fantasy island from rich people, who think the entire world is made up of people like them. Most people are tied to a slave pen and to a suicide box to live in. They own nothing. All the money goes to people like you, so that you can buy your little fantasy island in the park.
If your species wasn’t such vermin, you’d all be pulling down the bad guys, but instead you want to run away and hide to protect yourself, and leave all those that can do no such thing to die.
Looks like WEF agent Putin is playing his scripted role admirably…
No one can geo-engineer, toss a spanner into the gears, produce cataclysms and even make an entire planet say Uncle quite like Mother Nature. Pipsqueaks with their weapons, poisons and black incantations are inevitably little more than straw before a hurricane. Silly humans.
Śrīmad Bhāgavatam 12.3 (The Bhūmi-gītā)
“Śukadeva Gosvāmī said: Seeing the kings of this earth busy trying to conquer her, the earth herself laughed. She said: “Just see how these kings, who are actually playthings in the hands of death, are desiring to conquer me.”
The world ties Germany down like Gulliver because it knows what they are capable of if they get loose and suddenly everybody else (nearly) looks like crap
UK Lamestream now/last year or so, giving F temperatures instead of C.
Sounds hotter. After a lifetime of metric indoctrination,
REUTERS is Bratchild Bullshit even when they tell the truth.
Putin is NOT a NWO Globalist, Zionist Sympathizer or Chabad Lubavitcher – Ex Top-Level Putin Advisor – Dubovikova, Kurten, Szamuely & Gonzalo Lira Roundtable
https://grizzom.blogspot.com/2022/07/putin-is-not-nwo-globalist-zionist.html
A Clear And Simple Message to Alien Parasitoid Macrob Parading On The Streets Of Paris On Bastille Day With Bratchild’s Army of Retarded Robotoids – V for Voltman, Raging Dissident
https://grizzom.blogspot.com/
Carl Jones–did you not notice that the EU was so far from “perfect” that Macron and Merkel wanted hundreds of millions of Africans to flood Europe? Because of this I only have destruction, all day, every day, for the EU. Many countries voted out but were not allowed, which makes it a prison, but GB left, and begins the disassembly. Your view is the Michael Heseltine one of decades ago
@ Lewis…
lt’s likely Carl is a retired government apparatchik flat pressed in a copy of the Speccie from 1994…
He used to be a ‘socialist’ on paper.. but secretly voted ‘Tory’….nowadays comfortably retired he hates the ‘sheeple’ and feels betrayed by them ..
having spent his ‘career’ humouring their idiocy… replete with the obligatory rictus grin essential to dealing with the ‘public’.. he now just wants them all ‘Nuked’… and soon..
love and hate me old mucker….
tis a fine line..
people will more+more plunder the woods
if they have a stoven . the rich + middle class
houseowner arseholes (+politicans) surely
will not suffer since they mostly could effort
since decades to install expensive modern
wood stoves in their house . specialy the
house inherited leftist-green ruling traitors .
therefore i say : WAR TO THE SUBURBIAN
HOUSEOWNERS ! MAINTRAITORS !
Antivax–going back to the Stone Age is not an option: why should we turn our backs on so much hard-won knowledge, especially when it is our own people that won it? And Chesterton, thanks for the analysis