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Russia’s oil production continued to fall this month / contaminated oil

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Russia’s oil production continued to fall this month, two industry sources told Reuters on Monday, under pressure from lower exports after shipments via the Druzhba pipeline to Europe were found to be contaminated in April. read more @ CNBC Russia’s oil production continues to fall after Druzhba contamination -sources

Some 5 million tonnes of oil were contaminated in April with organic chloride and the dirty crude is now stuck in pipelines in Belarus and further West – in Poland, Germany, Ukraine, Slovakia, Hungary and the Czech Republic.

Russia will pump dirty crude oil back from Belarus as it tries to clear a major pipeline of the contaminated oil that has caused the worst ever disruption to its oil exports, sources and officials said on Friday.

Germany’s economy ministry and oil industry association said that on going technical problems with crude supply on Russia’s Druzhba pipeline did not pose a threat to the security of oil product supply. – https://steelguru.com

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Geopolitics

Washington: Nord Stream 2 sanctions on the way

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Washington is getting ready for another sanctions package that if put in place would put major restrictions on companies involved in Russia’s $10.5-billion Nord Stream 2 project.

United States Energy Secretary Rick Perry said on Tuesday that a sanctions bill putting onerous restrictions on companies involved in the Nord Stream 2 project and would come in the “not too distant future”.

US sanctions against the controversial Nord Stream-2 pipeline from Russia to Germany are unlikely to stop the project’s construction but may prevent Russian gas monopoly Gazprom from using the pipeline at full capacity in the future, Alexei Kokin, a senior oil and gas analyst at UralSib Financial Corp in Moscow, told New Europe on 23 May. neweurope.eu

Half of the €9.5 billion project is financed by Gazprom, with the rest covered by its European partners: Germany’s Wintershall and Uniper, Anglo-Dutch Shell, France’s Engie and Austria’s OMV. – https://www.euractiv.com

The US wants to expand its LNG exports into the EU and has frowned upon any new pipelines into Europe from Russia. Even after the EU Promised To Double US LNG Imports Within 5 Years. at the start of the month, U.S. Energy Secretary Rick Perry addressed the High-Level Business-to-Business Energy Forum in Brussels, telling them that U.S. gas is more reliable than Russian gas.

Why Russia wants the Nord Stream 2?: Ukrainian

Russia decides to forge ahead with the pipeline after the Ukrainian Government was found stealing Russia gas from the pipeline passing through into Europe and disputes concerning gas debts and non-payment. “If Nord Stream 2 becomes operational, Ukraine will be cut out from gas transit, losing roughly the equivalent of its defense budget each year in fees,” said Agnia Grigas, energy and political risk expert at the Atlantic Council.

Russian President Vladimir Putin said that Russia will continue gas transit through Ukraine if it remains economically feasible.

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Pipeline

Decade Behind Bars For Permian Pipeline Protesters?

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If you protest an oil or gas pipeline in Texas, you could face up to 10 years in prison.

The bill on the verge of becoming law in Texas would classify civil disobedience against the construction of a pipeline in Texas a third-degree felony, putting it on “the same level of felony as attempted murderers,” according to the Texas Observer, or equivalent to sentences handed down to “drive-by shooters who fail to hit their mark,” as Bloomberg put it.

 

But Texas isn’t the only state backing the pipeline industry, Earlier this year, South Dakota advanced legislation to allow the state to seek money from pipeline companies to help cover expenses related to protests.

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