Military Review

Medvedev: The EU's 'stupid' decision on the price ceiling for Russian gas was made out of powerlessness to influence the situation

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Medvedev: The EU's 'stupid' decision on the price ceiling for Russian gas was made out of powerlessness to influence the situation

Having not without difficulty agreed on the introduction of the so-called price ceiling for Russian oil and even partially banned its imports, the countries of the anti-Russian coalition decided to experiment with non-market regulation of pricing for blue fuel from the Russian Federation. The European Union is again ahead of everyone, obediently fulfilling the will of the United States, which is suicidal for its economy.


Dmitry Medvedev, Deputy Chairman of the Russian Security Council, commented on the latest attempts by the Europeans to harm Russia in the area of ​​generating income from energy exports in his telegram channel. The very decision to introduce another "price ceiling" on Russian hydrocarbons by the EU, the deputy chairman of the Security Council called stupid for two reasons.

First. This measure is purely voluntaristic and is a vivid example of non-market regulation. There is no economic expediency at the basis of such a decision, it is dictated by “zoological hatred of Russia based on the maniacal thesis “Russians are to blame for everything,” writes Medvedev.

Yes, and the mechanism of regulation turned out to be somehow strange. It contains a lot of reservations that allow some countries either not to apply it at all in some cases, or to introduce it in a limited way.

And that's why it really won't work.

- the politician is sure.

The second reason for the incapacity of this decision lies in the fact that it was taken from the powerlessness of the European Union to influence the situation, rather, on the principle of “we will do at least something”, and then how it will turn out. This is evidenced by the very figure of this "ceiling", which is set at 180 euros per kWh (almost 2000 US dollars per thousand cubic meters). Such a limit “a couple of years ago would have seemed surprising to absolutely all participants in the gas market, including those trading on the spot,” Medvedev argues logically.

And even today, none of the participants in the main European spot market on the TTF futures exchange can imagine such a price “even in the happiest or worst dream.” After all, now contracts are concluded at a price almost two times lower: at the moment, the price per thousand cubic meters for TTF is less than 1000 USD. At the same time, the Europeans also provided for a mechanism for adjusting prices, including upwards. This means that gas for EU consumers will only become more expensive.

Conclusion: moronic Russophobia, and with it the impoverishment of ordinary Europeans, is growing

- concludes Medvedev, not forgetting to sarcastically congratulate the people of Europe on such a "Christmas present" from their authorities.

And the last "nail" in the clearly useless decisions of European Russophobes from PJSC Gazprom in the official telegram channel of the concern. The Board of Directors of Gazprom considered the impact of the events of 2022 on the long-term forecast for the development of the global energy market. Conclusion: by 2040, gas consumption may exceed the level of 2021 by about 20%. At the same time, the volume of the Chinese gas market in the medium term will already be higher than the aggregate level of consumption of all countries in the European region.
Author:
Photos used:
TG-channel PJSC "Gazprom"
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  1. Thrifty
    Thrifty 23 December 2022 16: 01
    +8
    Everything here depends on the Kremlin, otherwise we ourselves give a huge discount on energy carriers!
    1. alekseykabanets
      alekseykabanets 23 December 2022 16: 07
      +2
      Quote: Thrifty
      You need to get away from the sale of the country's mineral resources, there is loot, invest in your industry

      What are you talking about? There is no cross for you! And what will the shareholders be left with if everyone is in the industry?)))
    2. credo
      credo 23 December 2022 16: 13
      +14
      From a politician of this level, the citizens of Russia would like to hear not about the stupid decisions of the EU, but about the smart decisions of the Russian leadership.
      There are enough problems in the country and they need to be solved already yesterday, and let the problems of the EU and the mental abilities of the local leaders be assessed by local natives.
      1. skeptick2
        skeptick2 23 December 2022 16: 42
        +2
        Quote: credo
        From a politician of this level, the citizens of Russia would like to hear not about the stupid decisions of the EU, but about the smart decisions of the Russian leadership.

        Politics this level sometimes it is better to remain silent (I will not continue the proverb).
        As for the thesis of the article "At the same time, the volume of China's gas market in the medium term will already be higher than the aggregate level of consumption of all countries in the European region" - he, of course, pleases. But I would like to know the value of the discount with which Russia will supply gas to the same China.
        1. Il'nur
          Il'nur 23 December 2022 16: 58
          +3
          But I would like to know the value of the discount

          It is also interesting if we sell at a discount, i.e. almost at cost, then what's the point of selling gas, especially since China is also interested in supplies ...
          Or is it such a Russian business, to sell at a discount so that China earns on resale? Such a business, selling gas at a discount, then buying Chinese goods at a high price?
    3. Aaron Zawi
      Aaron Zawi 23 December 2022 17: 26
      +4

      The cost of gas in Europe continues to fall - during trading on December 23, the price of January futures on the TTF index fell by almost 11 percent compared to the previous close. This is evidenced by the data of the London Stock Exchange ICE.
      At the bottom point, the cost dropped to about $900 per thousand cubic meters. As of 17:02 Moscow time, prices have won back the fall, jumping up to $920 per thousand cubic meters. For the week, quotes fell by more than 25 percent.
      Since the beginning of September, the cost of gas in Europe has fallen three times, when the shutdown and later the explosion of the Nord Stream gas pipeline sharply reduced Russian gas supplies to the region. The level of occupancy of underground gas storage facilities, which has been a record in recent years, as well as stable supplies of liquefied natural gas, contributed to the decrease in panic.
      Currently, warm weather is strongly affecting the decline in prices, which, according to analysts, will continue in most of the region for several more weeks. Strong winds in parts of Europe also contribute to the slowdown in gas demand.
      In addition, the introduction of the marginal gas price in the European Union could have an impact on prices. On December 21, the Council of the European Union finally approved a dynamic ceiling for gas prices at the level of 180 euros per megawatt-hour (about 2 dollars per thousand cubic meters). The measure will come into force on February 15, 2023 and will be valid for one year. The market adjustment mechanism aims to protect citizens and the economy from excessively high prices, the report said.

      1. Brturin
        Brturin 23 December 2022 20: 50
        0
        fell, but not only warm weather, here is European Christmas + New Year (when everyone goes on vacation en masse anyway) ... why would prices rise ... a question for the same industry - the Munich Institute predicts a recession in Germany from the end this year, the British have the 3rd quarter in the red, the Bank of England predicts a minus in the 4th - and this is already ... in Sweden they started talking about almost a three-year recession ... the price has fallen so far, but the holidays will end and .. the price level will be comfortable or ... yes, and Beasts from the East 1 and 2 come in the second half of winter ... forecasts are not a thankful thing ...
        1. Aaron Zawi
          Aaron Zawi 23 December 2022 21: 13
          +1
          Quote: BrTurin
          fell, but not only warm weather, here is European Christmas + New Year (when everyone goes on vacation en masse anyway) ... why would prices rise ... a question for the same industry - the Munich Institute predicts a recession in Germany from the end this year, the British have the 3rd quarter in the red, the Bank of England predicts a minus in the 4th - and this is already ... in Sweden they started talking about almost a three-year recession ... the price has fallen so far, but the holidays will end and .. the price level will be comfortable or ... yes, and Beasts from the East 1 and 2 come in the second half of winter ... forecasts are not a thankful thing ...

          It is true, but in Europe after March it is rarely cold.
    4. Roma 1977
      Roma 1977 23 December 2022 18: 40
      0
      As far as I know, most of the gas produced in the Russian Federation is consumed and processed in the Russian Federation. Widely used in the chemical industry. Now a plant for the production of methanol from gas has been opened in the Far East.
  2. IvanR
    IvanR 23 December 2022 16: 01
    -1
    August 28. "To the heads of state and government of the countries of the European Union. Due to the increase in gas prices to €3,5 thousand per thousand cubic meters, I have to increase the forecast cost to €5 thousand by the end of 2022. With warm regards," Medvedev wrote.
    1. credo
      credo 23 December 2022 16: 20
      +7
      It’s not good to endlessly scoff at the poor, pretending that everything is in order at your house.
      It would be time for Dmitry Anatolyevich to take care of household chores.
      I remember at the dawn of his political career he threatened to bring Russian legislation into full order, removing everything superficial and obsolete from there, and also promised to introduce tenfold fines from the amount of stolen goods for stealing officials and corrupt officials.
      We are ready to hear with pleasure about the results of the fulfillment of Dmitry Anatolyevich's past promises, and let the relevant managers give forecasts for gas prices in Europe. hi
      1. Zakirov Damir
        Zakirov Damir 23 December 2022 23: 52
        0
        Quote: credo
        We are ready to hear with pleasure about the results of the fulfillment of Dmitry Anatolyevich's past promises, and let the relevant managers give forecasts for gas prices in Europe.

        Isn't he a major shareholder of Gazprom?
  3. parusnik
    parusnik 23 December 2022 16: 02
    +7
    Did they take his iPhone? He has been saying such things lately .... As if an insight has descended on him ..
    1. Egoza
      Egoza 23 December 2022 16: 10
      +4
      Quote: parusnik
      .As if an insight descended on him ..

      The boy is trying! Looks like he was going for a second term, but before that, he needs to calm down the negative impression from the previous term.
    2. alekseykabanets
      alekseykabanets 23 December 2022 16: 12
      +6
      Hello Alexey!
      Quote: parusnik
      He has been saying such things lately .... As if an insight has descended on him ..

      Yes, all of them now say such things that you will already hear! They talk and talk and talk ... If they also did what they say, then there would be no price for them.
      1. Rustic
        Rustic 23 December 2022 17: 38
        +3
        They talk and talk and talk ... If they also did what they say, then there would be no price for them.
        As you know, grind with your tongue - do not roll bags. So these will continue to continue in the same vein, as long as they do nothing. For in order to do something they have neither the mind nor the desire.
  4. ximkim
    ximkim 23 December 2022 16: 19
    +1
    How angry Medvedev is with the EU.
    Yet again. His attacks can be understood, since the EU is helping Moscow in the collapse of the country, that is, the Kremlin will destroy everything with its own hands. And the EU will not be limited. All by yourself lol
  5. Ratibor_A
    Ratibor_A 23 December 2022 17: 36
    +1
    Well ... The Kremlin chewed snot without accepting the answer for the oil price ceiling, everyone understood Russia's weakness and now I do what they want .... Thanks to the toothless leaders ... Only now ordinary people will suffer, not they.
    If earlier they were afraid of our answer, now they will openly wipe their feet on us ...
  6. runway-1
    runway-1 23 December 2022 19: 10
    0
    Medvedev: The EU's 'stupid' decision on the price ceiling for Russian gas was made out of powerlessness to influence the situation
    When there is nothing to say, it is better to remain silent ... But the facts:
    Moscow. December 23rd. INTERFAX.RU - Natural gas production in Russia in 2022 will decrease by 18-20% - to 671 billion cubic meters. m, Deputy Prime Minister of the Russian Federation Alexander Novak said in an interview with the Rossiya 24 TV channel (VGTRK).
  7. anzar
    anzar 23 December 2022 20: 02
    0
    Medvedev: "Stupid" decision of the EU on the price ceiling for Russian gas taken from impotence ...

    Did he really say that? It turns out that even he does not know that the "ceiling" refers to gas prices in general, and not just Russian. Although he probably doesn't know...
    1. Ratibor_A
      Ratibor_A 24 December 2022 01: 43
      0
      And who else delivers gas there in huge volumes, providing the entire EU? Well then, yes, this refers to "in general", and not to Russia. Why are they screaming without our gas that they will freeze and the industry associated with gas and energy resources has already stood up, then let them then buy all the gas they need from these "generally".