GAS vs RUBLES RUSSIA HAS GAS ! GERMANY NEEDS GAS

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Presentation transcript:

GAS vs RUBLES RUSSIA HAS GAS ! GERMANY NEEDS GAS GERMANY IS ALREADY VERY DEPENDENT GERMANY WILL BECOME MORE DEPENDENT RUSSIA PLAYS HARDBALL GAS vs RUBLES

160 Billion $ revenues 8% Russian GDP GAZPROM 100,000 MILES OF PIPELINES 680 BM3/YR GAS PRODUCTION 200 BM3/YR EXPORTS 25% of EU 40% of Germany 160 Billion $ revenues 8% Russian GDP 44 Billion $ profit

NORD STREAM NABUCCO LENGTH MILES 759 2419 PIPE DIA. IN. 48 56 PRESSURE PSI 200 NA CAPACITY TRIL. M3/YR 55 31 COST BIL EU 8.8 12-15 IN SERVICE YR 2012 2020

GAS vs RUBLES RUSSIA HAS GAS ! GERMANY NEEDS GAS GERMANY IS ALREADY VERY DEPENDENT GERMANY WILL BECOME MORE DEPENDENT RUSSIA PLAYS HARDBALL GAS vs RUBLES

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