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Russia To Cut Natural Gas Supply To Finland From Saturday Morning - Foreign Affairs (6) - Nairaland

Nairaland Forum / Nairaland / General / Politics / Foreign Affairs / Russia To Cut Natural Gas Supply To Finland From Saturday Morning (19173 Views)

Russia Cuts Electricity Supply To Finland Over It's Plans To Join NATO (Photos) / Russia To Finland, Sweden: We Will Deploy Nukes To The Baltics If You Join NATO / Putin Vows To Cut Gas Supply Tomorrow Unless Europe Pays In Roubles (2) (3) (4)

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Re: Russia To Cut Natural Gas Supply To Finland From Saturday Morning by edosignature(m): 1:38pm On May 20, 2022
Russians are wise & always calculative, they know is a win win for them as the Fins will certainly buy their Gas, Oil etc on the black market will will eventually earn them more cash.

Same as Poland who have being buying Russia oil & gas through third part their by earning Russia more hard currencies.

3 Likes

Re: Russia To Cut Natural Gas Supply To Finland From Saturday Morning by Funflipper: 1:42pm On May 20, 2022
ken6488:
Pay in rubble

Russia is not an African country the west can steal from

With time, their oil will be on sale. "Buy 1 get 4 free"
Re: Russia To Cut Natural Gas Supply To Finland From Saturday Morning by Donpenny(m): 1:45pm On May 20, 2022
They're all want to know how it feel like leaving in a cold room this coming winter grin
Re: Russia To Cut Natural Gas Supply To Finland From Saturday Morning by Nobody: 1:46pm On May 20, 2022
Highways:
Haha... FINLAND saw it coming and they are well prepared for it

Exactly!
Re: Russia To Cut Natural Gas Supply To Finland From Saturday Morning by ledaman: 1:48pm On May 20, 2022
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Re: Russia To Cut Natural Gas Supply To Finland From Saturday Morning by samfrancis1(m): 1:52pm On May 20, 2022
Igbofam2:


The dumbest post award goes to this comment.

wink
call it dumb Igbo �family… I know you can’t be wiser than a nation who’s trying to take care of it’s shit.. Na Nigeria you deh.. deh analyze wetin deh happen for country weh you no know where their embassy deh.. better go drink your garri make you leave every other thing to God..

3 Likes

Re: Russia To Cut Natural Gas Supply To Finland From Saturday Morning by nedekid: 1:54pm On May 20, 2022
Igbofam2:


Quick question to you.

If you were an investor and you want to invest your money in the future... Would you invest in a country where your assets would be ceased by the country at will?

Yes or no?

Do you think that after this war any external investor would want to consider Russia as their top choice country for investments?
Whoes assets is being seized in Russia? Isn't it the opposite that Russian assets are the ones being seized in foreign countries? I don't get you.
Who placed sanctions on Russia making foreign business to leave? Was it Russia?
Despite them leaving in a bid to make the Russian economy look in attractive for business, to cause mass unemployment etc, Russia has not nationalized any western business or asset that left. Infact, Russia has allowed those that want to sell to local and international businesses to do so and take their money away! That is unlike the west eg UK that seized Chelsea FC from a private owner (just because he is Russian), sold the place and held on to the money. Going around seizing private peoples assets just because they are Russian. Who does that?
Well, in the long run, the Russian government wount sit and watch millions loose their jobs, it's either you come back and run your business, you sell and take your money away or Russian companies will take them over and run them.
Investors will always go to where they will make money, forget. The profit you make on Russia, Nigeria, 3 world and developing countries can never be made in the west.

1 Like

Re: Russia To Cut Natural Gas Supply To Finland From Saturday Morning by oluobi(m): 1:54pm On May 20, 2022
nedekid:

And what is China learning?
Do you even understand what is happening there?
Yes, China will learn, but not from Russia but from the western countries that are unreliable. China will learn to find other ways to store their foreign reserve seeing the thift the US and the west is trying to do with Russian foreign reserves domiciled in western banks. China will learn also to promote other payment systems other than swift. Because the west has shown they can illegally kick countries out is the payment system once they have a disagreement.
Now regarding Finland. Russia announced last month it will only sell gas etc to unfriendly countries using their currency which is the rouble. Why? Payments made in euro and dollars which make up Russian foreign reserves have been frozen illegally under the guise of sanctions. Will it not be stupid for Russia to continue receiving payments fir their oil and gas in same euro and dollars that the US and Europe will seize? Are you aware that seizing the foreign reserves is to also try to make Russia use and exhaust its forex it holds internally to service debt. Afterall if they cannot pay, then Russia will be in default with external lenders therefore tanking its credit ratings.
You as you are, if you are supplying a company eg Zenith bank with diesel to run their generators. You supply ₦30m worth. Zenith bank then pays your money into your account in Zenith bank. But because you have quarell with the oga at the top, Zenith bank places "no debit" on your account. Ie you cannot withdraw money from the account, what will you do for the next supply?
As a sharp man, you inform Zenith bank that if the want diesel again for their Gen, you will supply them, but they must pay to your diamond or uba account or they pay you cash.



Exactly! Not just China, even countries like Saudia Arab and other oil rich Arab countries are learning.

Though they are USA allies, but the new generation of leaders like MBS may not be easily 'controlled' as their fathers.

They are aware now that if things go wrong with the USA, all their USD investments is gone.

2 Likes

Re: Russia To Cut Natural Gas Supply To Finland From Saturday Morning by pansophist(m): 1:57pm On May 20, 2022
Put yourself in Putin's shoe guys. Russia had no problem being paid in USD/Euros, until the west decided to weaponize their currency.

Firstly, they froze over 300 billion dollars of Russia's money in their bank. Then they cut off Russia from SWIFT, then Joe Biden signed a bill to restrict Usd to Russia, with other sanctions to destroy and cut off Russia from the international financial market.

So what do you expect Putin to do? Do you expect him to still collect usd/euros that he can't use, to be paid to account that is frozen? What's the use of such currency? So its common sense that he will demand payment in a currency he can use, otherwise he would be giving oil for free.

Putin made it clear to them that he is not at their mercy. If you won't pay me in a currency that I can use, then no gas for you. Simple. The west are not used to being sanctioned, they consider themselves having some divine immunity that they are shocked they will be paying for gas in rubles.

That single decision of "gas for rubles" has made the ruble the best performing currency. From 1 usd to about 150 rubles in March during the peak of the sanctions, ruble has stood strong that its now 1 usd to 63 rubles. The west lay their mat, they should lie on it.

12 Likes 1 Share

Re: Russia To Cut Natural Gas Supply To Finland From Saturday Morning by Igbofam2: 1:58pm On May 20, 2022
edosignature:
Russians are wise & always calculative, they know is a win win for them as the Fins will certainly buy their Gas, Oil etc on the black market will will eventually earn them more cash.

Same as Poland who have being buying Russia oil & gas through third part their by earning Russia more hard currencies.

Poland are not buying through third party

The Finns will also not buy via third party

Norway has them lined up to connect to the Norwegian pipeline currently passing through the Baltics and same Norway would take on Germany because Germany would be disconnecting from Russian gas by the end of the year.

For now Finland and Poland are getting their gas from Lithuania and Greece.

Re: Russia To Cut Natural Gas Supply To Finland From Saturday Morning by obedience4(m): 1:59pm On May 20, 2022
Donpenny:
They're all want to know how it feel like leaving in a cold room this coming winter grin
you guys say things without thinking before gas came have there not been winter in finland. In these age u belive a develope country like finland will have it citizens frezzing, poland stop buying gas from putin, are they not still coping, finland applying to join nato knew the cost dat come with it

1 Like

Re: Russia To Cut Natural Gas Supply To Finland From Saturday Morning by Igbofam2: 2:03pm On May 20, 2022
oluobi:




Exactly! Not just China, even countries like Saudia Arab and other oil rich Arab countries are learning.

Though they are USA allies, but the new generation of leaders like MBS may not be easily 'controlled' as their fathers.

They are aware now that if things go wrong with the USA, all their USD investments is gone.

Lmao Saudi Arabia is learning nothing my dear.

Saudi Arabia is currently massively shifting to cleaner energy and diversifying away from fossil fuels.

Saudi Arabia is going green massively smiley

They have no business with Russia and their nonsense

1 Like

Re: Russia To Cut Natural Gas Supply To Finland From Saturday Morning by excel101(m): 2:06pm On May 20, 2022
Is Putin no longer nuking them Sweden and Finland.
Re: Russia To Cut Natural Gas Supply To Finland From Saturday Morning by cocoboss(m): 2:09pm On May 20, 2022
BloomingDale:


Na you get oil? See as you dey para.
Comot for there , what do you think you know ?
Re: Russia To Cut Natural Gas Supply To Finland From Saturday Morning by oluobi(m): 2:10pm On May 20, 2022
Igbofam2:


Lmao Saudi Arabia is learning nothing my dear.

Saudi Arabia is currently massively shifting to cleaner energy and diversifying away from fossil fuels.

Saudi Arabia is going green massively smiley

They have no business with Russia and their nonsense


You didn't get it!

They are learning that your USD reserve can easily be taken away from you, if you have any issue with the 'almighty' USA.
If they can do it to Russia, they can do it to any other country.

1 Like

Re: Russia To Cut Natural Gas Supply To Finland From Saturday Morning by techWriter3: 2:10pm On May 20, 2022
Damnnn dis Make Russia whole Them donald already squander this battles
Re: Russia To Cut Natural Gas Supply To Finland From Saturday Morning by NaijaCars4sale: 2:19pm On May 20, 2022
This is whole situation is really escalating
Re: Russia To Cut Natural Gas Supply To Finland From Saturday Morning by Burgerlomo: 2:20pm On May 20, 2022
Who cares
Re: Russia To Cut Natural Gas Supply To Finland From Saturday Morning by Burgerlomo: 2:23pm On May 20, 2022
kalu61:
Winter is coming

grin

They will look for another alternative for their natural gas supply before the next winter so you and Russia can go to hell grin
Re: Russia To Cut Natural Gas Supply To Finland From Saturday Morning by Igbofam2: 2:25pm On May 20, 2022
oluobi:



You didn't get it!

They are learning that your USD reserve can easily be taken away from you, if you have any issue with the 'almighty' USA.
If they can do it to Russia, they can do it to any other country.

Like I said, they are learning nothing. You rely on who is always stronger than you are. Saudi Arabia has struck a balance with USA unlike Russia.

Besides Saudi Arabia are a laid back country with almost no issues with anyone unlike constantly aggressive Russia
Re: Russia To Cut Natural Gas Supply To Finland From Saturday Morning by excel101(m): 2:28pm On May 20, 2022
GloriousGbola:


The only country that can afford to buy from Russia is China. Every other country will suffer repercussions. They are all dependent on western aid or patronage one way or another.
In case you don't know, if China starts and keeps buying from Russia and stops buying from other nations, they used to buy from, those nations would in turn neglect Russia's goods. That's how world's politics is.
Re: Russia To Cut Natural Gas Supply To Finland From Saturday Morning by Oshe1122: 2:40pm On May 20, 2022
Europe is shooting there self on the feet
Re: Russia To Cut Natural Gas Supply To Finland From Saturday Morning by jonahhh: 2:41pm On May 20, 2022
fergie001:
Russia will turn off the natural gas tap to Finland tomorrow morning due to disagreement over Moscow’s rouble payment scheme.



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Just know they already cut off the supply before announcing it… tomorrow my a$$. Normally Russia no go say make nobody no join nato again to avoid see finish, na to dey run dem gbenshe remain
Re: Russia To Cut Natural Gas Supply To Finland From Saturday Morning by Elidrisy20: 2:45pm On May 20, 2022
E don finish for Finland grin
Re: Russia To Cut Natural Gas Supply To Finland From Saturday Morning by Owolabi97(m): 2:51pm On May 20, 2022
slawormiir:
Damnnn niggar
Make Russia rest

Them don already lose this fight
In your dream abi grin grin grin
Re: Russia To Cut Natural Gas Supply To Finland From Saturday Morning by oluobi(m): 2:51pm On May 20, 2022
Igbofam2:


Like I said, they are learning nothing. You rely on who is always stronger than you are. Saudi Arabia has struck a balance with USA unlike Russia.

Besides Saudi Arabia are a laid back country with almost no issues with anyone unlike constantly aggressive Russia


International politics does not work that way. Allies can easily become foes overnight, when their interests are no longer the same.

There are no permanent allies, but permanent interest.

Are you aware Iran used to be a strong ally of the US, before the Islamic revolution?

The way it is now, only a foolish leader would leave all his country's foreign reserves in USD.

2 Likes

Re: Russia To Cut Natural Gas Supply To Finland From Saturday Morning by SaintLucia: 2:52pm On May 20, 2022
Toktee:
Who the lose customers?


Monopoly is not even good.


Other countries are gearing up to replace Russia ASAP.
And you think it easy like that. Russia oil and gas is the best in the world and more cheaper to Europe, na just oil and gas pipelines connect them with Russia. Imagine if Lagos government ban all Igbo people from plying Lagos-Ibadan express road, then Igbo people have to go through Badagry enter Ogun state to connect Ibadan then come down towards Sagamu before linking into Benin-Ore road straight to East. Or better still pass through Epe going toward Okitipupa before linking to Benin-Ore road straight to East. Now look at the stress, the time and money waste. Na wetin go happen to Finland and EU be that if they wanna seek for alternative oil and gas from somewhere.

1 Like

Re: Russia To Cut Natural Gas Supply To Finland From Saturday Morning by almarthins(m): 2:56pm On May 20, 2022
Hanibbal:
Good cheesy
All of them go collect.

As general Hannibal collect? The only general that had victory within his grasp but decided to wait for some lazy senates decisions in cartage.
Re: Russia To Cut Natural Gas Supply To Finland From Saturday Morning by Igbofam2: 3:01pm On May 20, 2022
oluobi:



International politics does not work that way. Allies can easily become foes overnight, when their interests are no longer the same.

There are no permanent allies, but permanent interest.

Are you aware Iran used to be a strong ally of the US, before the Islamic revolution?

The way it is now, only a foolish leader would leave all his country's foreign reserves in USD.

Saudi Arabia are super good with their relationship with USA and there is nothing the Russian situation can do about it. Same way there is nothing Russia can do about China's reliance on the west to drive her economy
Re: Russia To Cut Natural Gas Supply To Finland From Saturday Morning by Toktee(m): 3:05pm On May 20, 2022
anonymous1759:



You’re just pained chai . China and India covers the entire Europe tongue in terms of population
Now I see your level of understanding. grin
Re: Russia To Cut Natural Gas Supply To Finland From Saturday Morning by afonjabreed(m): 3:07pm On May 20, 2022
Hey pansophist
You used a word to explain financial independence of a country some time ago.
You used it to explain the type of economy Russia and china has. The word sounds Greek somehow , can you please remind me of that word?
Re: Russia To Cut Natural Gas Supply To Finland From Saturday Morning by anonymous1759(m): 3:12pm On May 20, 2022
Toktee:

Now I see your level of understanding. grin

Likewise if you understand the difference between quality and quantity you wouldn't be quoting me.
If one customer can give you what 20 customers are giving you for your service it's equally the same thing . The most important thing is for your stock to be sold .

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