, 39 tweets, 13 min read Read on Twitter
Why would Trump/Putin collude? FOLLOW THE MONEY from Rosneft Exxon $500 billion deal to Yamal LNG Arctic drilling & climate change -THREAD/1
Below is a story (in tweets) about sanctions, oil, gas, the Arctic & how speeding up climate change could mean big $ for Russia /2
In 2011 Rosneft and Exxon announced partnership plan to invest $500 BILLION in Arctic and Black Sea exploration /3
reuters.com/article/us-exx…
Igor Sechin described ambition of Rosneft/Exxon project as "bigger than sending man to outer space or flying to the moon" !!! /4
After Russia invaded/annexed Crimea territory Ukraine, 2014 US sanctions forced Exxon/Rosneft to stop exploration /5
reuters.com/article/us-usa…
This Jan 17 article asked if Putin helped elect Trump to restore $500 billion Exxon deal killed by sanctions /6
thinkprogress.org/putin-helped-t…
US sanctions blocking deal per @maddow may have changed "historical trajectory of Russia" /7
thinkprogress.org/putin-helped-t…
So Putin/Rosneft are finding other $ opportunities, like closing $13 Bil deal for 49% stake in India's Essar Oil /8
The $13 Bil Rosneft Essar deal is Russia's largest outbound deal ever & biggest investment in India ever /9
Rosneft is in now in talks w/CEFC China Energy about buying a stake in Rosneft /10
Rosneft is poised to acquire ownership of Venezuelan PDVSA assets if they default /11
If Trump sanctions Venezuela it may benefit Putin by pushing PDVSA into Rosneft ownership /12
As Rosneft hogs headlines, a little covered story may become a big deal as climate change progresses: Russia's Arctic Yamal LNG project /13
The Arctic Yamal LNG (Liquified Natural Gas) is a $27 Billion project, one of the largest in entire industry /14
worldcrunch.com/business-finan…
The 2014 US sanctions on Russia significantly hurt financing for the Yamal LNG project /15
worldcrunch.com/business-finan…
But Yamal LNG got around sanctions with $12 Bil Chinese loan /16
reuters.com/article/russia…
Yamal LNG is now 60% owned by Russian gas company Novatek, 20% by China CNPC and 20% by France's Total /17
sputniknews.com/russia/2017081…
In addition to China & France, other European banks may also finance the Russian Arctic Yamal LNG project /18
sputniknews.com/russia/2017081…
Why does Arctic Yamal LNG project matter? There's big $ for Russia if global warming thaws ice, opens shipping routes & drilling options /19
This story describes how "Arctic Ocean thaw helps Russian shipping as old ice blows west" /20
reuters.com/article/us-cli…
This week record speed was set "New records for Arctic shipping but WARMING YET TO BRING BONANZA" (emphasis mine)/21
stuff.co.nz/business/world…
A Russian LNG (liquified natural gas) tanker set a new record speed on a route along Russia's northern border /22
stuff.co.nz/business/world…
Russia considers Northern Route important for transportation, nat'l security & plans to enhance military there /23
stuff.co.nz/business/world…
"This is a big event in the opening up of the Arctic," Mr. Putin said about the new record shipping trip /24
nytimes.com/2017/08/25/wor…
Rapid climate change has altered the region, and soon the journey along this Russian route can be made year-round /25
Russia just made another Arctic trip to bring politicians to the North Pole on the 50 Let Pobedy icebreaker /26
bellona.org/news/arctic/ru…
Per this Aug 24 article Russia plans to increase Arctic oil production /27
tass.com/economy/961800
This June story describes how Yamal LNG aims to topple Qatar to become world's leading LNG exporter /28
reuters.com/article/lng-no…
However, Yamal LNG has competition, June 8th the US delivered first shipment of liquified natural gas to Poland /29
foreignpolicy.com/2017/06/08/fir…
Poland and other Russian neighbors are trying to reduce their energy dependency on Russia /30
foreignpolicy.com/2017/06/08/fir…
And tensions are rising w/Russia US Canada Norway Denmark Greenland over territorial rights in the Arctic region /31
nytimes.com/2017/08/25/wor…
As the world's climate heats up, competition for energy resources and control of the Arctic will heat up as well /32
Rosneft, Exxon, Yamal LNG & other natural resource companies have huge $ at stake and may benefit from climate change warming /33
And Russia is preparing as they build their Northern fleet to "phase NATO out of the Arctic" /34
businessinsider.com/russias-northe…
The 2nd detailed chart I created on Rosneft captures these companies mentioned, Yamal LNG, Exxon, Essar, PDVSA /35
medium.com/@wsiegelman/ro…
Trump may have delivered a bigger gift to Putin/Russia than many realize by withdrawing the US from the Paris Climate deal /36
As Trump/Russia collusion story unfolds, it's essential to watch who benefits and at what price to us and to future generations to come /END
footnote to thread above, excellent @Sarimner article on Russia's Arctic militarization HT @equalandallied1
gisreportsonline.com/what-russia-ga…
footnote#2 great @CRGolightly piece on potential Russia-Iran alliance to control 60% world's natural gas reserves
affiliatenetwork.navisioglobal.com/2017/07/russia…
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