Donald Trump is RIGHT: Germany imports 70 per cent of its gas from Russia in a controversial deal that has enriched its former Chancellor and it will

superbeets · Jul 11, 2018

Donald Trump is RIGHT: Germany imports 70 per cent of its gas from Russia in a controversial deal that has enriched its former Chancellor and it will soon receive even MORE - but the US could step in

Nord Stream 2 is being built between Russia and Germany at a cost of €9.5billion
Donald Trump claimed Wednesday Germany imports 70% of its gas from Russia
He also argued Germany was 'totally controlled by Russia' because of the gas
Trump cited Gerhard Schroeder's influence in pushing through Nord Stream 1

[h=2]Donald Trump is RIGHT: Germany imports 70 per cent of its gas from Russia in a deal that has enriched its former Chancellor and it will soon receive even more… and the US is the only alternative supplier [/h]

The EU's statistics agency, Eurostat , says that Russia is responsible for between 50% and 75% of Germany's total gas imports

superbeets · Jul 11, 2018

Donald Trump's claim that Germany imports 70 per cent of its gas from Russia at a fiery Nato summit today is correct - and the country will soon receive even more.

The EU's statistics agency, Eurostat, says that Russia is responsible for between 50% and 75% of Germany's total gas imports.

And experts say that figure could dramatically increase after a new pipeline between Russia and Germany opens in two years time.

Germany already imports 55 billion cubic meters of gas from Russia via the Nord Stream pipeline and in two years time will pump another 55 billion cubic meters through the new Nord Stream 2 network.

Most of the remaining 30% comes from Norway.

superbeets · Jul 11, 2018

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Nord Stream and Nord Stream 2 will carry a combined 110 billion cubic meters of gas to Germany when the latter opens in 2020

superbeets · Jul 11, 2018

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US President Donald Trump (right) criticized Germany for its reliance on Russia for natural gas on Wednesday

superbeets · Jul 11, 2018

Germany is the world's biggest natural gas importer and needs to import 92 percent of the gas it consumes.

Trump also claimed today that Germany has spent 'billions and billions of dollars a year' on Russian gas.

Germany's overall bill for Russian gas last year was 17 billion euros ($21 billion) for some 87 billion cubic meters, according to Gazprom the state-run Russian gas company.

The cost for the Nord Stream 2 is expected to be around €8.8 billion ($10.33 billion) while the original Nord Stream project came in at €7.4 billion ($8.69).

Donald Trump also questioned the role of the former German Chancellor Gerhard Schroeder who is now working for Gazprom.

Schroeder signed the deal for Nord Stream in haste after being ousted by Angela Merkel in a narrow election defeat in 2005.

superbeets · Jul 11, 2018

Just weeks after leaving office, however, he started overseeing the implementation of the project for Gazprom.

Schroeder took up position as head of Nord Stream AG's shareholder committee and has worked for the gas behemoth for several years since.

The former politician is rumoured to have received a multi-million Euro payout from Gazprom over his role in the pipeline's creation and is set to pocket even more with the announcement of the second phase of the Nord Stream project.
Schroeder has been slammed as 'Gazprom Gerd' for his relationship with the company.

Tom Lantos, chairman of the United States House Committee on Foreign Affairs, called Schroeder a 'political prostitute' behaviour over his Gazprom involvement.

In 2017, Russia appointed Schroeder to serve as an independent director of the board of its biggest oil producer Rosneft with a salary of $350,000 for the part-time post.

superbeets · Jul 11, 2018

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Former German Chancellor Gerhard Schroeder (right) shakes hands with Vladimir Putin. Schroeder is a senior executive at state-run Russian oil company Gazprom

superbeets · Jul 11, 2018

Rosneft is the third largest company in Russia and the second most valuable after Gazprom.
The company was under a number of western sanctions because of the Ukraine crisis at the time of his appointment and the decision caused outcry in his home country.
The chair of the German parliament's foreign affairs committee, Norbert Roettgen, said Mr Schroeder's move was 'unbelievable'.
Roettgen also said Schroeder was 'cashing in' on his former role as chancellor.
Former German Green Party leader Reinhard Bütikofer, described him as 'shameless' over the appointment.
Angela Merkel, his Christian Democrat successor, said Schroeder's decision to take on the job with a Russian gas company was 'not okay'.
Trump's criticism of the gas deal with Russia might also be an aggressive pitch for US business.
The US is fast becoming one of the world's leading exporters of Liquefied Natural Gas (LNG) due to its bountiful supply of shale gas.
Hydraulic fracturing, or 'fracking', has transformed oil and gas production in the US, allowing the industry to tap previously inaccessible reserves in shale rock.
Barack Obama said back in 2013: 'The natural gas boom has led to cleaner power and greater energy independence. We need to encourage that.'
LNG would be an alternative to the Russian gas and would need to be shipped over.
But figures within Russia dismissed the threat of LNG production as 'too expensive' because of the transportation costs involved.

superbeets · Jul 11, 2018

Read more:

superbeets · Jul 11, 2018

[h=2]'Germany is a captive of Russia': Explosive start to Nato summit as Trump declares it is 'inappropriate' for ally to pay Russia billions and rely on Putin for 70 per cent of its energy[/h][FONT=Arial, Helvetica, sans-serif]

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Donald Trump unleashed his fury on NATO Secretary General Jens Stoltenberg (together main) for defending Germany's (Chancellor Angela Merkel inset) energy partnership with Russia and threatened Berlin with U.S. action over the deal he said is wholly inappropriate. Trump fumed that 'Germany is a captive of Russia' and said the U.S. would 'have to do something' about a gas deal that's funneling billions into Moscow's economy. 'Germany is totally controlled by Russia,' he charged. 'I think its a very bad thing for NATO.' Stoltenberg reminded that the U.S. and Europe are 'stronger together than apart.' To which Trump replied, 'No, you're just making Russia richer.' The confrontation stunned the leaders' senior advisers, including Trump's secretaries of defense and state, stunned. A press aide demanded the media leave the room as Trump pushed Stoltenberg to explain how the U.S. is supposed to protect Germany when its opening the front door to Vladimir Putin. Trump fumed that 'Germany is a captive of Russia' and a gas deal between the two nations is 'just making Russia richer.' 'Germany is totally controlled by Russia,' he said. 'I think its a very bad thing for NATO.'

superbeets · Jul 11, 2018

Trump is right. Germany pays Russia billions of dollars for oil and gas, which Russia spends improving its very well equipped new military. So Germany wants the US to provide defence against a possible aggressor, whose armed forces are all but funded by Germany?

superbeets · Jul 11, 2018

So it's alright for Germany to put Germany first but not the U.S ? Think again.

superbeets · Jul 11, 2018

Donald Trump's attack on Germany has poked a hornet’s nest lurking beneath the EU's facade of unity

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Angela Merkel's relationship with Donald Trump will have been tested by his recent comments CREDIT: REUTERS

James Crisp, brussels correspondent

11 JULY 2018 • 1:56PM

Donald Trump was right to criticise Germany for its billion dollar energy deals with Russia at the Nato summit in Brusselson Wednesday morning. He hit the nail on the head – and Angela Merkel where it hurts - when he took aim at the Nord Stream 2 pipeline project.

A consortium of Russian, German, Dutch and French companies plan to build the 750 mile Nord Stream 2 pipeline, which will funnel 2 trillion cubic feet of Kremlin-controlled gas into Germany from late 2019.

The lead Russian company is the state-owned Gazprom, which has former German Chancellor Gerhard Schröder on its staff roster and a controlling 51 per cent share in the project, which will cost at least $15 billion.

“Germany makes a massive oil and gas deal with Russia, where we’re supposed to be guarding against Russia, and Germany goes and pays billions and billions of dollars a year to Russia,” Mr Trump told Jens Stoltenberg, the Nato secretary general on Wednesday morning before pointing out, yet again, that Berlin had failed to meet its Nato defence spending target of 2 percent of GDP.

Nord Stream 2 has caused bitter recriminations in the European Union, with critics accusing Berlin of undermining the EU’s united front against Russia and weakening the bloc’s ties with a wounded Ukraine.

superbeets · Jul 11, 2018

On her arrival in Brussels, Mrs Merkel invoked her youth in Soviet-controlled East Germany in response, saying Germany had been free of Russian control since the fall of the Berlin wall.

She said she was "very happy that today we are united in freedom, the Federal Republic of Germany. Because of that we can say that we can make our independent policies and make independent decisions."

However, the barb will have cut the Chancellor, so often held aloft as a symbol of EU unity and solidarity, to the quick. Germany approved the pipeline, which still needs broader EU rubber stamping, on the very same day it expelled Russian diplomats after the Skirpal poisoning scandal.

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Angela Merkel CREDIT: DARRIN ZAMMIT LUPI/REUTERS

Mr Trump exposed the hypocrisy of Germany’s relentless pursuit of the pipeline, which it needs to buttress its energy supplies after ditching nuclear power after the Fukushima disaster.

The 2014 Ukraine crisis brutally exposed the EU’s dependence on Russian gas. The bloc imports 51 percent of its energy and when Mr Putin turned off the taps to Ukraine in 2006 it caused shortages in Europe.

The European Commission drafted the Energy Union strategy to wean the EU off Russian gas. The plan looks to improve interconnections between EU members and diversify suppliers to prevent similar shortages in the future.

Such was the commission’s horror at the German plan it looked to block it. Now, that decision has been kicked to EU governments. Approval is being doggedly blocked by countries such as Poland. Despite that, construction of the pipeline has begun on Russian territory, although not yet in the EU.

Meanwhile, Poland plans to pay the US up to $2 billion to station an American armoured division on its territory in a sign of Warsaw’s lack of faith in its European allies.

superbeets · Jul 11, 2018

German double-dealing over Nord Stream was attacked this week in Brussels by Ukraine’s president Petro Poroshenko, who demanded the EU did more to stop the pipeline which threatens to cripple his wounded country by bypassing it and denying it much-needed transit fees.

“It is not a profitable or economic project,” Mr Poroshenko said, “It is clearly a geopolitical project aimed to weaken Ukraine."

The EU and Ukraine have bolstered ties, exchanging financial support and a potential path to EU membership for reforms after the country turned away from Russia and towards the West following its revolution. Ukraine’s embrace of the EU, enthusiastically welcomed by Brussels, was a factor in the illegal annexation of Crimea by Russia.

superbeets · Jul 11, 2018

Mr Trump has intentionally poked a hornet’s nest lurking under the EU façade of unity. “Trump is anything but stupid,” said an aide to a senior EU official. “He is serious and methodical in sowing divisions.”

It was a clever rebuke to Mrs Merkel and the EU, which has voiced fears over the volatile US president’s meeting with Vladimir Putin at the end of this week. On Tuesday, Donald Tusk, the president of the European Council, warned Mr Trump to remember who his real allies werebefore meeting the Russian strongman leader.

Mr Trump may be looking to find a new market for US imports of liquefied natural gas as the EU seeks to diversify its suppliers.
But, with higher prices available in Asia, it seems more likely he was issuing his own warning to the EU, with whom he is also locked in a burgeoning trade war.

His message was clear; people in glass houses shouldn’t throw stones, and it is time to pay up on defence.

superbeets · Jul 11, 2018

[FONT=&quot]

Eric Trump‏Verified account @EricTrump 2h2 hours agoMore

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[FONT=&quot]Eric Trump Retweeted POLITICO[/FONT]
[FONT=&quot]I have seen it my entire life — There is no better negotiator in the world than @realDonaldTrump. The days of the U.S.A getting ripped off are over... So glad we finally have someone with backbone fighting for our great country. #LetTheShowBegin #MAGA

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superbeets · Jul 11, 2018

superbeets · Jul 11, 2018

[FONT=&quot]Hey Patriots[/FONT]

[FONT=&quot][/FONT]#WarriorWednesday[FONT=&quot] [/FONT]

Dave007inVegas · Jul 11, 2018

For a Communist country they sure know how to exploit capitalism. Putin is not a fool.

Donald Trump is RIGHT: Germany imports 70 per cent of its gas from Russia in a controversial deal that has enriched its former Chancellor and it will

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