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cryptosimplify
@cryptosimplify
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2020-07-23 12:37
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cryptosimplify
LeoFinance
4y
RE: LeoThread 0.6
14/20 BELGIUM Only 2% of LNG from Russia but imports 36% of its coal, 67% of its oil (35% of total energy) from them so quite exposed in other areas.
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LeoFinance
4y
RE: LeoThread 0.6
13/20 NETHERLANDS 35% of their natural gas is imported from Russia. Used to be a large exporter at Groningen but was hit by earthquakes and now down 90% on production levels. Also adds costs on Dutch farmer
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LeoFinance
4y
RE: LeoThread 0.6
12/20 FINLAND Finland imports 100% oil, 68% gas and 31% coal from Russia. Russia already turned off the exportation to Finland when they announced the intention to join NATO. Finland will need to talk
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LeoFinance
4y
RE: LeoThread 0.6
11/20 ITALY Italy sources 40% of its natural gas from Russia. They are really trying to boost LNG supply from other countries like Algeria and Libya, but the progress has been slow, and they will need
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LeoFinance
4y
RE: LeoThread 0.6
10/20 AUSTRIA Austria has the same problems as Germany since 21% of their energy comes from Russia.
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LeoFinance
4y
RE: LeoThread 0.6
9/20 Even if Germany be able to resupply 50% of natural gas they will have an economy contraction between 3%-6%.
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LeoFinance
4y
RE: LeoThread 0.6
8/20 Germany rushed in laws to build new regasification and LNG terminals. However, it is not enough, and Germany is most exposed to a deep recession risk from this supply shock on individuals and businesses.
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LeoFinance
4y
RE: LeoThread 0.6
7/20 28% of their total energy consumption is from Russia (12% from LNG). Limited supply has nearly bankrupted their key energy provider
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LeoFinance
4y
RE: LeoThread 0.6
6/20 GERMANY Having suspended the Nord Stream 2 pipeline and Nord Stream 1 requiring repairs, that is the reason that Russia is giving to reduce the gas exportation, set back their imports to 40% of capacity.
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LeoFinance
4y
RE: LeoThread 0.6
5/20 Hence, Russia cut off LNG supplies to Finland, Poland, and Bulgaria when they refused to pay in Roubles.
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LeoFinance
4y
RE: LeoThread 0.6
4/20 LNG is 26% of EU’s total energy consumption but only 2% of Russia’s GDP—so they can inflict way more damage on Europe than compared to any loss they incur in return.
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LeoFinance
4y
RE: LeoThread 0.6
3/20 Unlike coal and oil (fungible), gas is piped or transported as liquefied natural gas (LNG) using pipelines that take years to build.
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LeoFinance
4y
RE: LeoThread 0.6
2/20 This is the Europe current situation about energy importation EU-nations imported 37% of gas, 20 % of coal and 25% from Russia.
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LeoFinance
4y
RE: LeoThread 0.6
1/20 Let’s do a #threadstorm about the economic impact in Europe if Russia creates an energy supply crisis due to gas exportation reduction.
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LeoFinance
4y
RE: LeoThread 0.3
Let's check how I am performing to reach my 2022 #hive goals 1/3 Hive goal was reached Almost half of my #Leo goal
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LeoFinance
4y
RE: Caution note on DeFi investment APRs
During last Summer I made good money on the crazy yield farming APRs because I understood how that works and I defined a strategy where risk/profit margin it was insane. I never bought the yield farming
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LeoFinance
4y
Published via Ecency
RE: NFT Overview
@alenox thanks to support and boost my post
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LeoFinance
4y
RE: LeoThread 0.2
Best wishes for your husband
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LeoFinance
4y
RE: LeoThread 0.2
Doesn't Mainland Taiwan does not exist ;)
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LeoFinance
4y
RE: LeoThread 0.2
China does training exercises near Taiwan. Will these training exercises be like only Russian training exercises near the Ukrainian border?
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