Thread by @GasTSOua

⚡️ Thread 1/14
"Nord Stream 1 is not advancing 🇪🇺 interests and it is still pumping 🇷🇺 gas exports directly to 🇩🇪, bypassing 🇺🇦. There has never been a better time to shut it down."
our CEO, S. Makogon shares his views in an op-ed for @EURACTIV

euractiv.com/section/global…

2/14 For decades, Putin played hardball with the gas trade, and Europe usually met it with appeasement and acquiescence. In Ukraine, we found it puzzling. Europe depends on Russia for less than half of its gas, but Russia depends on Europe for pretty much all of its revenue.

3/14 When it comes to natural gas, Putin’s pivot to Asia is an empty threat. First of all, Russia’s extensive pipeline network is heavily oriented toward Europe.

4/14 The link to China was added with much fanfare in 2019, but most experts believe it economically unsound, especially if you account for the $55 billion price tag.

5/14 “In a nutshell, the “Power of Siberia” is a very costly window dressing. For the global market, this project gives nothing…Until 2030, the Power of Siberia will not even pay off,” a Russian energy expert, Mikhail Krutikhin @nalymov, explained when the deal was announced.

6/14 The more we consider the market reality, the more absurd the situation looks. Europe holds all the cards, yet Russia is the one spewing threats. Gazprom reduced exports in the fall of 2021, causing the prices to skyrocket.
theguardian.com/business/2022/…

7/14 The 🇷🇺 military offensive in 🇺🇦 has now compromised one of the entry points – Sokhranivka – causing downstream effects on the transit volumes to 🇪🇺. Again, the Kremlin is mounting a misinformation campaign, refusing to reroute gas flows, & blaming 🇺🇦
tsoua.com/en/news/the-ac…

8/14 At the Gas TSO of Ukraine (GTSOU), we have proven our reliability as a partner for Europe beyond any possible doubt. Our repair crews have been risking their lives to keep the gas flowing under Russian bombardments for three months now.

9/14 We continue to operate our infrastructure despite the questions from the People of Ukraine, who rightfully wonder why Europe continues to buy Russian energy at one billion euros a day, and why we continue to facilitate this trade.
transcripts.cnn.com/show/ctw/date/…

10/14 Our position at GTSOU has not changed. We, as a country, do not buy gas from Russia, and we support President Zelenskyy’s calls for an embargo on Russian energy in Europe.
bbc.co.uk/news/world-eur…

11/14 But until it is enacted, or our government announces new policies, we will not be blamed for market disruptions. We will not take active steps to cause our European neighbours downstream problems.

12/14 To demonstrate resolve, refute the efforts at blackmail, and show non-negotiable solidarity with Ukraine, Germany can and should scale back or terminate flows via Nord Stream 1 as a response to Russian efforts to sabotage existing transit routes.
biznesalert.com/makogon-europe…

13/14 At the beginning of the war, back in 2014, the West couldn’t muster the will to send heavy weapons to Ukraine. So we were left without the tools we needed to defend ourselves and push back against the Russian invasion. This is no longer the case.

14/14 The world now understands that Putin won't stop until he is stopped. On the energy front too, 🇷🇺 will continue to use the gas trade as a weapon until and unless 🇪🇺 refuses to be pushed around. The time to deploy heavy weapons has come. The time to stop flows via #NS1 is now

Sorry, wrong graph. The correct graph below 👇
eia.gov/international/…

Our CEO is available to elaborate GTSOU's position on Nord Stream 1 in an interview @zoyashef @OilSheppard @JavierBlas @ZainAsher @mehdirhasan @JuliaDavisNews @kylegriffin1 @DarynaKrasno
don't hesitate to reach out via [e-mail]

https://twitter.com/EPPGroup/status/1528820561173807104?s=20&t=Q2B2S7dFUgeviZ4IzcfOSg

tsoua.com/en/news/after-…

#nordstream1 = #Weapon

https://twitter.com/gastsoua/status/1530509453405077504