Ukraine Prepares To Impose Russian Gas Transit Ban, Commit Economic Suicide

This seems a desperate move to me on Kiev's part. Threatening to cut off the transport of Russia's gas pipelines as "sanctions" against Russia because they are "sponsoring terror." This feels like that scene in the Mel Brooks movie Blazing Saddles where the black Sheriff threatens to shoot himself if the lynch mob comes any closer.

Ukraine Prepares To Impose Russian Gas Transit Ban, Commit Economic Suicide

Ukraine ready to impose sanctions against any transit via its territory, including air flights and gas supplies to Europe, Prime Minister Arseniy Yatsenyuk said Friday. Ukraine's Parliament will vote on the sanctions on Tuesday. Kiev has also prepared a list of 172 Russian citizens and 65 companies predominantly Russian to put under sanctions for “sponsoring terrorism, supporting the annexation of Crimea, and violating the territorial integrity of Ukraine,” Yatsenyuk said at a briefing on Friday.

Proposed sanctions include asset freezes, bans on certain enterprises, bans on privatizing state property, refusing to issue licenses, and a complete or partial ban on transit- both aviation and gas.

Economically this looks like a disastrous move to me as it will not only hammer Ukraine's economy but basically seems an attempt to blackmail Europe into providing more help, both monetarily and militarily.

Ukraine will destroy its economy, incurring $7 billion in costs, just to spite Gazprom and force Europe as leverage and to escalate the conflict, because without Russian gas Europe is powerless.

Not powerless,in this case it may prove to be enough incentive for the EU to fast track the South stream pipeline and bypass Ukraine altogether. At that point the only one's who will care about Ukraine will be NATO who still want's to get into Ukraine. Will that be enough to save Ukraine?

That explains :

www.abovetopsecret.com...

www.abovetopsecret.com...

South stream needs to be blocked, was also the reason why US wanted Crimea and for the Syrian war, it`s all about trying to cut off Russia...I said it after failed attempt last year with Syria, if they don`t succeed one way they just go the other way.

a reply to: Bassago
the gas will just be sold to someone else.Gasoline is a perishable commodity,it has a short shelf life.Besides,why sell it to russia to be used against you?So now they will have a gas shortage AND a food shortage!

originally posted by: blkcwbyhat
a reply to: Bassago
the gas will just be sold to someone else.Gasoline is a perishable commodity,it has a short shelf life.Besides,why sell it to russia to be used against you?So now they will have a gas shortage AND a food shortage!

These pipelines are natural gas and flow from Russia into Ukraine and then to Europe who desperately need the gas.Not the other way around. Gazprom will just sell to China and India instead while Europe suffers the loss of gas.

Winter is coming.

originally posted by: Bassago

originally posted by: blkcwbyhat
a reply to: Bassago
the gas will just be sold to someone else.Gasoline is a perishable commodity,it has a short shelf life.Besides,why sell it to russia to be used against you?So now they will have a gas shortage AND a food shortage!

These pipelines are natural gas and flow from Russia into Ukraine and then to Europe who desperately need the gas.Not the other way around. Gazprom will just sell to China and India instead while Europe suffers the loss of gas.

Winter is coming.

Despite we are having enough gas ourselves (Netherlands), I`m sure we are going to pay a lot more for our gas, because they can sell it to other countries...

Thanks crappy EU/US !

a reply to: Bassago
So Ukraines new government who came to power through murder on the streets of kiev with EU support now want to cut the EU off from Russian gas pipelines...Have I got that about right?

What sense does that make?
Won't they lose all EU support,allowing Russia to stomp them?

Its getting too complicated man..

a reply to: Silcone Synapse

So Ukraines new government who came to power through murder on the streets of kiev with EU support now want to cut the EU off from Russian gas pipelines...

Have I got that about right?

Yep pretty much. As Ukraine is already delinquent on their gas payments and Russia has cut them off they probaly figure to pressure (blackmail?) Europe in to helping them even more in their conflict in east Ukraine and/or forcing more loans out of the IMF.

Bad strategy IMO. Like I said earlier this may just fast track the South Stream pipeline and make Ukraine irrelevant in the grand scheme of things.

Good analysis... building to a tipping point... strange that they would stop business with their largest trading partner for no financial reason...

According to RT it will affect Hungary, Slovakia, and the Czech Republic

And Ukraine is exploring reverse flow options; importing gas from neighboring European countries.

So i presume Hungary, Slovakia, and the Czech Republic will do the same.

originally posted by: joho99
According to RT it will affect Hungary, Slovakia, and the Czech Republic

And Ukraine is exploring reverse flow options; importing gas from neighboring European countries.

So i presume Hungary, Slovakia, and the Czech Republic will do the same.

In 2007, 38.7% of the European Union's natural gas total imports and 24.3% of consumed natural gas originated from Russia. As of 2009, Russian natural gas was delivered to Europe through 12 pipelines, of which three were direct pipelines (to Finland, Estonia and Latvia), four through Belarus (to Lithuania and Poland) and five through Ukraine (to Slovakia, Romania, Hungary and Poland). In 2011, an additional pipeline, Nord Stream (directly to Germany through the Baltic Sea), opened.

The largest importers of Russian gas in the European Union are Germany and Italy, accounting together for almost half of the EU gas imports from Russia. Other larger Russian gas importers (over 5 billion cubic meter per year) in the European Union are France, Hungary, Czech Republic, Poland, Austria and Slovakia. The largest non-EU importers of Russian natural gas are Ukraine, Turkey and Belarus.

en.wikipedia.org...

originally posted by: BornAgainAlien

originally posted by: joho99
According to RT it will affect Hungary, Slovakia, and the Czech Republic

And Ukraine is exploring reverse flow options; importing gas from neighboring European countries.

So i presume Hungary, Slovakia, and the Czech Republic will do the same.

In 2007, 38.7% of the European Union's natural gas total imports and 24.3% of consumed natural gas originated from Russia. As of 2009, Russian natural gas was delivered to Europe through 12 pipelines, of which three were direct pipelines (to Finland, Estonia and Latvia), four through Belarus (to Lithuania and Poland) and five through Ukraine (to Slovakia, Romania, Hungary and Poland). In 2011, an additional pipeline, Nord Stream (directly to Germany through the Baltic Sea), opened.

The largest importers of Russian gas in the European Union are Germany and Italy, accounting together for almost half of the EU gas imports from Russia. Other larger Russian gas importers (over 5 billion cubic meter per year) in the European Union are France, Hungary, Czech Republic, Poland, Austria and Slovakia. The largest non-EU importers of Russian natural gas are Ukraine, Turkey and Belarus.

en.wikipedia.org...

here is the link
rt.com...

"In the event Ukraine cuts off gas transit through its territory, Hungary, Slovakia, and the Czech Republic will suffer, Transneft, Russia's state-owned pipe operator said in a statement on Friday. "

you forgot the uk we get our gas from russia to

Im glad I use wood. Its free too.

This is getting complicated as mentioned above, gas prices are high already here (southern EU). Cant see people using it if the prices increase further. Everyone will be chopping wood instead. Which is better for the environment any6way so probably a good thing.

Together with the other sanctions this would take a huge hit on the already fragile EU economy for sure...

Victoria Nuland all of sudden makes whole lot more sense :

www.youtube.com...

After Putin laid his own sanctions on the EU , he then hands a rope to Kiev and the only thing they can determine to do with it is hang themselves . Good play Pute . a reply to: Bassago

originally posted by: the2ofusr1
After Putin laid his own sanctions on the EU , he then hands a rope to Kiev and the only thing they can determine to do with it is hang themselves . Good play Pute . a reply to: Bassago

...or it was a set up by US...

...get Russia sanctioned, Russia sanctions back, Kiev says we have "no choice" to sanction back and Russia loses gas-revenues...

Read the remarks of Kiev in the RT link :

" Kiev has also prepared a list of 172 Russian citizens and 65 companies predominantly Russian to put under sanctions for “sponsoring terrorism, supporting the annexation of Crimea, and violating the territorial integrity of Ukraine,” Yatsenyuk said at a briefing on Friday.

Proposed sanctions include asset freezes, bans on certain enterprises, bans on privatizing state property, refusing to issue licenses, and a complete or partial ban on transit- both aviation and gas.

“We simply have no other choice,” the Prime Minister said,"

rt.com...

a reply to: BornAgainAlien

This was not the sanctions plan the way the US had hoped. The Wests sanctions were simply to put economic pressure on Russia while trying to minimize blow back on the EU and US. Obvious that plan is failing with Putin retaliating on the west with the food and possible air travel boycott.

Ukraine's sanctions are more of an off the wall "hail Mary" attempt at placing the Europe in a tight spot with their dependence on Russian LNG. These Ukraine sanctions are more of a desperate threat to Europe and the west as in "You better help us against Russia or everyone is going to pay!"

originally posted by: Bassago
a reply to: BornAgainAlien

This was not the sanctions plan the way the US had hoped. The Wests sanctions were simply to put economic pressure on Russia while trying to minimize blow back on the EU and US. Obvious that plan is failing with Putin retaliating on the west with the food and possible air travel boycott.

Ukraine's sanctions are more of an off the wall "hail Mary" attempt at placing the Europe in a tight spot with their dependence on Russian LNG. These Ukraine sanctions are more of a desperate threat to Europe and the west as in "You better help us against Russia or everyone is going to pay!"

Who will pay the price ?

The ordinary European, Ukrainian and Russian...this is about world domination for the next 100 years, they just see it as collateral damage...the elite doesn`t pay, so they don`t care.

a reply to: Bassago

Economically this looks like a disastrous move to me as it will not only hammer Ukraine's economy but basically seems an attempt to blackmail Europe into providing more help, both monetarily and militarily.

This war needs to end before it spreads and engulfs others who are not even remotely connected to this nonsense.

Not only Kiev is committing an economic suicide, it is even provoking Russia to invade formally and full force. Kiev is also making enemies in the countries that receives its gas from Ukranian pipelines.

An agreement should be made where Ukraine a) joins EU ) agrees to not join NATO or any other alliance for next 20 years. c) give some autonomy to Donbass region based on talks etc.

End of the story. No one loses in here. War is good for nothing.

a reply to: BornAgainAlien

Who will pay the price ?

The ordinary European, Ukrainian and Russian...this is about world domination for the next 100 years, they just see it as collateral damage...the elite doesn`t pay, so they don`t care.

True which is the whole point of the Ukrainian sanctions. I do believe though that the priority of these sanctions are more to leverage Europe's politicians, NATO and the IMF into providing more support to Ukraine.

While the Ukraine sanctions won't help Russia it will have less impact on them than it will Europe.

As you say though, it's the ordinary citizens who will suffer more than the elite. Isn't that the way these things always go?