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Oil Deals Make Putin Immune to Sanctions

 
M1.618
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07/14/2014 08:08 PM
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Oil Deals Make Putin Immune to Sanctions
Those who believe meaningful economic sanctions against Russia are possible should watch the deal-making activity of the giant state oil company Rosneft OAO.

Rosneft Chief Executive Officer Igor Sechin, one of President Vladimir Putin's closest associates and one of the biggest names on the U.S. sanctions list, has been busy insulating the company from the effects of any further U.S. actions. Today, for example, Rosneft announced it would pay $500 million for the Russian and Venezuelan drilling assets of Weatherford International Plc, an oilfield services company based in Geneva. As Western oilfield services companies go, Weatherford is second only to Houston-based Schlumberger Ltd. in Russia. Its Russian revenues are about double those of U.S. giant Halliburton Co.

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[link to www.bloombergview.com]
wmMmw
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07/14/2014 08:11 PM
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Re: Oil Deals Make Putin Immune to Sanctions
it is estimated that Russia is sitting on 200 trillion dollars in Oil and Natural Gas.. that does not even take into consideration of all their other natural resources..

Putin laughs at the sanctions..
Anonymous Coward
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07/14/2014 08:13 PM
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Re: Oil Deals Make Putin Immune to Sanctions
it is estimated that Russia is sitting on 200 trillion dollars in Oil and Natural Gas.. that does not even take into consideration of all their other natural resources..

Putin laughs at the sanctions..

 Quoting: Anonymous Coward 45131562


200 Trillion in oil is fine, 200 trillion in oil in Siberia is useless.
M1.618  (OP)

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07/14/2014 08:16 PM
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Re: Oil Deals Make Putin Immune to Sanctions
More...

Whatever Putin does in Ukraine, it will be hard for the U.S. administration to get the EU, and some of its individual members, on board for a broadside against Russia, in part because of Rosneft's successful European deal making. Realistically, the West has a better chance of making a cynical deal with Putin, handing him some control over Ukraine, than of forcing him to stop destabilizing the neighboring country. The only reason such a deal has not been made so far is Washington's unwillingness to admit that it cannot get Europe to toe the line.


[link to www.bloombergview.com]
wmMmw
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07/14/2014 08:16 PM
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Re: Oil Deals Make Putin Immune to Sanctions
it is estimated that Russia is sitting on 200 trillion dollars in Oil and Natural Gas.. that does not even take into consideration of all their other natural resources..

Putin laughs at the sanctions..

 Quoting: Anonymous Coward 45131562


200 Trillion in oil is fine, 200 trillion in oil in Siberia is useless.
 Quoting: Anonymous Coward 57120949


why is that?> we drill in alaska
Anonymous Coward
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07/14/2014 08:17 PM
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Re: Oil Deals Make Putin Immune to Sanctions
More...

Whatever Putin does in Ukraine, it will be hard for the U.S. administration to get the EU, and some of its individual members, on board for a broadside against Russia, in part because of Rosneft's successful European deal making. Realistically, the West has a better chance of making a cynical deal with Putin, handing him some control over Ukraine, than of forcing him to stop destabilizing the neighboring country. The only reason such a deal has not been made so far is Washington's unwillingness to admit that it cannot get Europe to toe the line.


[link to www.bloombergview.com]
 Quoting: M1.618


well then its europes problem let them deal with it..
Anonymous Coward
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07/14/2014 08:18 PM
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Re: Oil Deals Make Putin Immune to Sanctions
it is estimated that Russia is sitting on 200 trillion dollars in Oil and Natural Gas.. that does not even take into consideration of all their other natural resources..

Putin laughs at the sanctions..

 Quoting: Anonymous Coward 45131562


200 Trillion in oil is fine, 200 trillion in oil in Siberia is useless.
 Quoting: Anonymous Coward 57120949


why is that?> we drill in alaska
 Quoting: Anonymous Coward 45131562


Alaska isn't Siberia son.
M1.618  (OP)

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07/14/2014 08:18 PM
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Re: Oil Deals Make Putin Immune to Sanctions
it is estimated that Russia is sitting on 200 trillion dollars in Oil and Natural Gas.. that does not even take into consideration of all their other natural resources..

Putin laughs at the sanctions..

 Quoting: Anonymous Coward 45131562


200 Trillion in oil is fine, 200 trillion in oil in Siberia is useless.
 Quoting: Anonymous Coward 57120949


It has never been about "resources" but what that actually means.
wmMmw
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07/14/2014 08:18 PM
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Re: Oil Deals Make Putin Immune to Sanctions
Putin can rip a frying pan in half with his bare hands.
M1.618  (OP)

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07/14/2014 08:19 PM
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Re: Oil Deals Make Putin Immune to Sanctions
it is estimated that Russia is sitting on 200 trillion dollars in Oil and Natural Gas.. that does not even take into consideration of all their other natural resources..

Putin laughs at the sanctions..

 Quoting: Anonymous Coward 45131562


200 Trillion in oil is fine, 200 trillion in oil in Siberia is useless.
 Quoting: Anonymous Coward 57120949


why is that?> we drill in alaska
 Quoting: Anonymous Coward 45131562


Alaska isn't Siberia son.
 Quoting: Anonymous Coward 57120949


How do they differ in context to the thread?
wmMmw
M1.618  (OP)

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07/14/2014 08:20 PM
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Re: Oil Deals Make Putin Immune to Sanctions
Putin can rip a frying pan in half with his bare hands.
 Quoting: Anonymous Coward 60011338


Lol ...cast iron)
wmMmw
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07/14/2014 08:21 PM
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Re: Oil Deals Make Putin Immune to Sanctions
they can drill in siberia they just need a pipeline
Anonymous Coward
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07/14/2014 08:24 PM
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Re: Oil Deals Make Putin Immune to Sanctions
...


200 Trillion in oil is fine, 200 trillion in oil in Siberia is useless.
 Quoting: Anonymous Coward 57120949


why is that?> we drill in alaska
 Quoting: Anonymous Coward 45131562


Alaska isn't Siberia son.
 Quoting: Anonymous Coward 57120949


How do they differ in context to the thread?
 Quoting: M1.618


We populate Alaska with cities and Siberia is so damn brutal (not just weather but terrain also) they have modest infrastructure, and no one wants to go there. Check it out on Google map.
Anonymous Coward
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07/14/2014 08:25 PM
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Re: Oil Deals Make Putin Immune to Sanctions
Putin can rip a frying pan in half with his bare hands.
 Quoting: Anonymous Coward 60011338


Suck Putin dick much?
M1.618  (OP)

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07/14/2014 08:32 PM
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Re: Oil Deals Make Putin Immune to Sanctions
Putin can rip a frying pan in half with his bare hands.
 Quoting: Anonymous Coward 60011338


Suck Putin dick much?
 Quoting: Anonymous Coward 57120949


I think AC was being funny... but hey if you compare Putin to the US president that's even funnier...
wmMmw
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07/14/2014 08:35 PM
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Re: Oil Deals Make Putin Immune to Sanctions
Putin can rip a frying pan in half with his bare hands.
 Quoting: Anonymous Coward 60011338


Suck Putin dick much?
 Quoting: Anonymous Coward 57120949


I think AC was being funny... but hey if you compare Putin to the US president that's even funnier...
 Quoting: M1.618


Robert Ford is even funnier.
M1.618  (OP)

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07/14/2014 08:42 PM
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Re: Oil Deals Make Putin Immune to Sanctions
Putin can rip a frying pan in half with his bare hands.
 Quoting: Anonymous Coward 60011338


Suck Putin dick much?
 Quoting: Anonymous Coward 57120949


I think AC was being funny... but hey if you compare Putin to the US president that's even funnier...
 Quoting: M1.618


Robert Ford is even funnier.
 Quoting: Anonymous Coward 57120949


Ye he's good to...
wmMmw
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07/14/2014 10:22 PM
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Re: Oil Deals Make Putin Immune to Sanctions
it is estimated that Russia is sitting on 200 trillion dollars in Oil and Natural Gas.. that does not even take into consideration of all their other natural resources..

Putin laughs at the sanctions..

 Quoting: Anonymous Coward 45131562


200 Trillion in oil is fine, 200 trillion in oil in Siberia is useless.
 Quoting: Anonymous Coward 57120949


why is that?> we drill in alaska
 Quoting: Anonymous Coward 45131562


The US has lots of oil but its mainly with fracking which is very expensive.So we will never be able to have lower fuel prices based on our production.The middle east is the only place for cheap oil





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