Central Asia, the New Epicenter for Cheap Gas - VisualPolitik EN
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- čas přidán 10. 06. 2024
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The European Union is looking for a formula to replace all the natural gas it imports from Russia. It needs to diversify supplies, and the Caucasus and Central Asia appear as some of the best alternatives. Azerbaijan and Turkmenistan have ample gas reserves, but both countries are ruled by two dictatorships and belong to what Russia has always considered as its area of influence. So, is it a good idea to deal with these countries? What are the advantages and disadvantages for Europe to dealing with them? In this video, we tell you.
*Script written by Javier Angulo
"I wanna know how long your gas pipeline is" 🤣🤣🤣 officially my favourite channel
Considering where the gas comes out of the human body, I think that this joke did not hit its target as intended for large portion of the population even if asked by a girl...
Not Kazbakh, but Karabakh; Not Power of Serbia, but Power of Siberia. Dear visualpolitik, I love you guys, you are doing one of the finest content on youtube, but please get yourself a proper editor. Please. Otherwise, there are inaccuracies in terminology almost in any video.
And Leyen, not Leden
Every video appears to have mistakes of this kind, without exception.
@@HiAdrian not the well researched ones, for such a well known conflict he should have known the correct pronunciation, amateur presenter on well dress amateur channel
Btw I don't mean this clowns loud shirts either which he clearly wears to distract one from his fugly mug & poor teeth
@@originalsusser I totally agree. I meant every video on _this_ channel. I think I could open one at random and would run into mistakes.
I live in Romania, where we do produce around 80% of our gas necessity. Well, we still have incredible expensive gas. Why you may ask? Because of greedy polticians/ companies. They do sell on european price. What it is the moral of the story? If you produce a bread with 1 euro, and all of them sell the same one with 5 euros, woud you still sell yours with 2 euros? Well....
@@GeorgeWashingtonLaserMusket if only....in reality, in Romania it is as expensive as in a country that import 90%, and not having capacity of production like we do.
“greedy politicians / companies”
Gas will be sold at market price,
market prices can bring it lower & higher,
and profits return to Romania to build Romania
When someone with more money wants to buy it, they pay more, and you have to pay more to compete with those other buyers.
This type of thing happens in local markets & auctions, all the time.
Welcome to international market and free trade.
@@GeorgeWashingtonLaserMusket The issue is that there's no need to undercut, since in this scenario that was written there is a massive bread shortage, and people are willing to pay the exorbitant prices for them.
@@suciusebastian Producing your own oil or gas doesn't equal a cheap resource. In Canada, we have large sources of oil that would be more than enough to meet the needs of our population but it's sold at market price after (mostly) being refined in the US and shipped/piped back to Canada. As someone else said, that's the price we pay for an international market and free trade.
Hey new info for you which west media for some reason is not covering. Russia has stabbed India in Back and Blocked LNG and CNG gas supplies, which india use to buy at $14 .... Now India is forced buying the same gas at $40 from Iraq
Pretty good video overall, couple of points
- Nicobar islands aren’t really much of a barrier. More effective would be to mine Singapore straits or more likely the South China Sea.
- Azerbaijan was selling natural gas to Russia which turned around and resold it or collected transit fees
- Trans Caspian Sea pipeline should be built; however, after what happened to Nord Stream 1 and 2 it does give one pause
China will not allow any country to mine in the South China Sea until the dispute is resolved
If you mine Singapore, Japanese and South Korean shipping lanes will be affected. Better to pick of the shipments to china in Indian Ocean
@@hkchan1339 - Assuming in this scenario the parties would be at war or preparing for the start of hostilities. You could mine the area to deny access by your opponent as a temporary measure. Mines can be swept but not if you don’t control the surrounding areas. Ships could and would use straights further east. Keep in mind if hostilities breakout none of the commercial MV would be willing to enter war zone due to lack of insurance on vessel, cargo and crew. You could even lie about presence of mines and let your opponent worry about how to disprove your announcement.
@@stunstar4553 - if you think about it China may mine areas to prevent opponent from entering the SCS. For example they could mine immediate area around Taiwan and just wait. No shots fired but very effective sea denial tactic.
@@williamlloyd3769 They don't need mines. They've already peppered the area with A2AD (anti-access area denial) weapons.
Dealing with people of morally dubious stature will always lead to future problems and pain.
no one is perfect morally, even yourself and family
@@DuyPham-xd8lp Yes, but there's imperfect and imperfect. When my father has one too many beers and tells an adult joke too loud - that's really not to be compared with murderers and rapist dictators. What's wrong with you to say: well, someone is a murderer who gases villages and your mom also once farted in the church. You should really think about the way you think.
If Europeans cared about Ukrainians this war wouldn’t have happened. But I guess European cared more about cheap gas.
They are politicians.
They deal exclusively with morally dubious people.
dubious stature or dubious statues?
Transcaspian seems like the best political solution
Keep up the good work
Holy shit. Bring down the energy level by 80% on this guy. Is he on speed?
You know you can slow down the speed of videos right?
@@arjanzweers6542 I have default speed set.
Since when Azerbaijan or Armenia are considered to be part of Central Asia?
Since geography exists
@@qwerty83484 central asian countries are -stan countries, sometimes it can be used as wider definition and be included Pakistan and Afghanistan. Azerbaijan and Armenia are Caucasian countries, depends on topic, that region might be part of wider version of so called greater middle east or Eastern Europe.
@@Efendi-khanski South Caucasus is neither Central Asia nor Middle East - it's the border between Western Asia and Eastern Europe, but I think it should be a region by itself.
@@qwerty83484 , are not you taught geography in india?
@@Efendi-khanski Armenia is a -stan. Older Indians call them Hayastan. But it could be due to the Gypsies (Vanjaare) selling silk. Hayastani or Yerevani Silk, but they never heard of Armenia.
Visualpolitik need to make a t-shirt with Putin with cat ears looking grumpy
Edit: Include that Russian Proverb
Just leaving a pump comment.
As always the best of the best. Thanks
Europe needs to become a player not just a spectator.
The last time that happened it was called Operation Barbarossa.
@@trojanthedog one more thing, now one more thing! Smartass!
You know Molotov-Ribbebtrop pact? Wtf was that about? Yeah! Yeah, I thought so.
EU banned fracking
I always feel like your video's are played at 1,25x speed.
it is
Because they are and it's unnecessary and annoying.
US and EU should support Iranian protests. If revolution succeeds, Iran would stop being obedient to russia and China, will turn to EU for investments and the end of sanctions. As a result, they can profit greatly from selling oil and building gas pipeline from Turkmenistan into Iran - Turkey - Europe for great profit
So be a puppet instead of choosing their own goals
So be a puppet instead of choosing their own goals
@@GustavoRodriguez-qr5po if you’re not Iranian - you have no rights to say what is right for Iran 👆
@@RomanLavandos
Iran should choose their own destiny
Leftist: 😡
Aren't they the ones financing and promoting those protests, as always?
Love your content!
It’s a great channel! Thanks. I love your exposes. It’s hard to make politics humorous but you do! Do you speed up your presentation a little? Your voice is really clear and nice to listen to even though speaking quickly but there are glitches in the visuals…maybe it is just editing.
Wow that’s amazing that gulf will no more be the epicenter for gas.
??? LNG ,,, LARGEST exporter is AUSTRALIA
@@tilapiadave3234 Which is on the other side of the globe
@@dimiathan LMAO ,, please EDUCATE yourself on cost of transport ,, and REALITY of distance ,,,, then come back and tell others what you have learnt :)
@@tilapiadave3234 Australia, naturally sells on higher price than Russia. Just like the USA and the necessity for so many LNG tankers and stations would be rising the cost much higher
@@dimiathan GENIUS ,, LNG costs more than piped gas ,, AMAZING you should be the next Nobel prize winner.
What is the cost of freedom ?
Clearly we should phase out gas completely rather than risk being blackmail by a foreign supplier in the future. Invest in renewables, storage and switch everything to home grown electricity. We must be self sufficient in order to survive in an uncertain future.
Excellent style of presentation, very useful and concentrated and rapid, you must be a government guy, because that's how to work rapid and efficient, by perfect presentation first.
Yee very many good videos vs my favorite speaker!
Turkmenistan has the 5th largest gas reserves in the world. Russia is #1.
USA had strong interest in a trans-Caspian pipeline in the 1990s but that changed when closer gas was discovered in the Shah Deniz field off Baku. Thus the BTC pipeline was built and interest in Turkmenistan gas killed at that time. TANTP and TAP came later.
There was little interest in building the trans Caspian pipeline with competition from cheap Russian and Baku gas to Europe.
But now that Russian gas is being cut the market is open to new supply.
However investors in Turkmenistan gas expansion must still consider the long term impact of renewable energy.
Renewable energy is the cheapest and can be built cheap and fast.
New technology is developing fast and is a wildcard especially in energy storage which can allow a more complete shift to renewable energy.
Germany for example plans to be 100% renewable energy by 2030. Other European nations will probably follow suit.
This will have long term impact on the gas market in Europe.
Renewable energy being cheapest is debateable.
1. Renewable energy especially solar creates the duck curve which requires night time intermittent gas turbine electricity generation which is not combined with steam turbine that utilize waste heat to drive steam turbines. Thus it is not efficient. Thus it increases cost that must be accounted for.
2. Some say nuclear is the cheapest but they do not take into account the high cost and long time for construction. Nor do they account for the high cost of processing handling and storing spent fuel and other radioactive materials.
Thus assessing overall cost is difficult.
I put my money on the power companies that are building primarily renewable energy. Of course government regulations laws incentives and taxes affect their decisions but renewables are the fastest growing electricity generation sector.
Until renewables have better storage technology (which is a problem right now), I would say it's better to use some kind of LNG or nuclear electricity. Another thing that I think it should be made is to change central heating from natural gas to electricity and improve the energy efficiency of the general houses (which is quite bad in some countries with very cold climates).
@@jamestajiri58 Note the IEA projected nuclear to be growing much faster than it is now. Nuclear is slow because it’s saddled with a million regulations and low institutional knowledge.
Solar and Wind tech have also been dumped onto the market by the Chinese for cheap.
Not fair to say Azerbaijan is invading. Armenia invaded Azerbaijan 30 years and held 7 regions as a buffer zone ( which forced about 600,000 people or more flee ) to negotiate and blackmail Azerbaijan in NK conflict. They are both guilty in this conflict. But hey, Europe was too quite all these years. It goes without saying, call it a caviar or pretty faces, we can’t deny the fact that Europeans don’t care about others. It’s all about interests, power, control, money and geopolitical dominance.
when western reporter spoke with logic or fact espesially this channal
Turkmenistan will not send gas to europe
👍🏼
It's what we call "double standards".
@@danieldaniel2153 no other euroasian continent and latin americans africans will find it annoying indeeed
peope across the world defenetely call this reporter as another PUSSY AMERICAN
as usual chixaxua alwys barks
14:36 uh oh... no politician is going to resist that, no matter how many warnings they get
You should look into how much Norway can increase their gas export if they start producing from all their known gas fields.
Pretty sure Norway is producing at its max capacity given there is a huge demand for gas in Europe and a lot of money to be made.
@@ThebigJJ621 Yes, that is right, but there are quite a few fields that has not been explored yet. I saw somewhere that Norway could produce twice as much if they drill new wells and install new pipelines and processing plants. But of cause, such development will take a few years to complete.
Netherlands also got lots of gas but can't get those drilling permits as it caused too much earthquakes
@@VilleHyytiainenInvesting not really earthquakes but the earth beneath people cavitated and fell on itself because drilling formed porous cavities where the gas used to be.
@@VilleHyytiainenInvesting also, torille or jotain
Eye opening video full of facts and outcomes, great work cheers mate👍🤝🍻
Video was informative and funny, but i would refrain from saying full of "facts". There are no sources to anything they are saying and often their sources are newspapers headlines, which are not exact sources either.
I think Europe is in for a rude shock when no one steps up to supply it with gas supplies. I live in Sydney, Australia. Australia is one of the largest LNG exporters in the world, in normal times getting supplies here on the East Coast is not easy.
It's worth mentioning we now have LNG ships waiting outside LNG terminals for space, so yeah, people have stepped up with supply.
Lmao, haven't seen that statue of our first president (turkmenbashi) for a while 😂
I think so, because OPEC just announced production cut
Man now you have mentioned Turkmenistan. You should make a video on their new leader who wants to integrate with world economy while abandoning their hardcore neutrality
Ask modi for that..
@@PVAR1983 what
He also took some practices from hardcore fundamentalist islam, like banning women from some public activities. So yeah, they went from extreme, but neutral despotism to religious, but integrated despotism. Not a good transformation
@@PVAR1983 who is modi?
@@avroviziyaodlaryurdu3645 The useless guy who is ruling india
Yes a new visual! We need more visual economics! Crypro!
With the resource curse, most natural resources are within dictatorships or questionable democracies. Europe needs to play all its cards to secure a diverse and cheap supply of natural gas. No single supplier should provide more than 10% of total demand and Europe should do more to exploit their existing supplies. And in some cases that might include fracking.
Nonsense!!! Which dictatories!?
Europe should do this ( except for fracking - fuck that), increase exploiting its natural gas reserves AND move away from natural gas energy consumption altogether.
Natural gas will still be used in the chemical industry.
This is okay, but fracking within Europe is the cheaper, more secure option. It should be the primary approach for natural gas. And Europe needs to get beyond its Russian propaganda that has discouraged nuclear and fracking. Finally, Europe needs to help Russia lose in Ukraine, so that it can use that wonderful, cheap Russian gas without compromising its continental security. More storage of natural gas, more production of fertilizer and plastics in Russia combined with stockpiles in Europe, and rebuilding the steel production in Ukraine.
The problem with fracking is the people's opinion. Just ask them...
@@diogorodrigues747 Used to be against fracking but not anymore. Think, the case is the same for most Canadians.
@@boynamesue7720 Do you speak for all Europeans?
Love the content. Are you sped up?
The best long-term strategy for Europe is energy independence. That only comes from nuclear energy supplemented with renewables.
Nuclear material comes from Russia. Renewables from China.
Best long term strategy is diplomacy. When Russia was readying their invasion, NATO should've made clear that Ukraine joining wasn't on the table. When China and Russia was declaring their no limits partnership at the Olympics. Western countries should've been there at the Olympics too holding private talks with Xi to make them think twice.
Nuclear + renewables for long term security
Turkmenistan literally has a dance battle with neighbours
Me, as Italian, watching currently this video from Baku, feeling baffled from the "girl Azeri " joke (sexist maybe?)
Anyway yes, 5 Stars being always fucking ridiculous, as now they changed their mind and it comes advantageous for Italy
Italians are always welcome in Baku. Hope you like it here
My country recently discovered oil in its ground.the oil is so much there expected to receive 2 billion dollars in profit each year from it
HMmm u need some freedom man. !
@@GeorgeWashingtonLaserMusket I don't know, emirities and saudis are living very well on that oil money
Which country ?
This narrator is very eloquent with his oratory... please continue to use him. [Irish yeah?]
A pipeline in the sea next to Iran and in an unstable region in the Caucasus, what can possibly go wrong?
More pipelines + new nuclear power plants of the latest generation (esp. Small Modular Reactors) + more renewables.
Whatever happened to the chapters, so people can see the main points of discussion.
We'd have to go nuclear (I can see a mixture of SMRs and a molten salt reactor powered by nuclear waste products, the former more common and spread out for scaling and grid spread and the latter for reducing storage risk and lowering uranium supply chain costs). This with perhaps renewables making hydrogen (as one of the long term experimental Japanese reactors does). We need a mixture of lower risk and safer supply materials - electric vehicles need major changes in their battery tech otherwise the supply chain for those materials is just too easily disrupted (not just raw source but manufactured components). I'm a little alarmed hydrogen vehicles haven't made more inroads, if we can homogenise the supply mechanism (e.g. shipped cylinders and a cheaply/easily installed fuelling system that can be added to existing petrol stations) then we can basically use that as an interim measure and use hydrogen production to "soak up" excess wind/solar supply that isn't stored through other means. OPEC's moves to restrict supply of late - that could be their biggest ever mistake especially if a pipeline and fracking friendly administration takes over in the US and Canada. Could be the Middle East's swansong before a more permanent collapse of demand and pricing for oil and gas from that region.
I also do not understand why governments without oil and gas reserves have not moved to hydrogen in addition to other forms of power because eventually at some point we will run out of oil.
The underlying problem is still the Green movement in Europe.
There is a lot more gas we could be producing domestically, whether from the North Sea or from Fracking (to say nothing of all the missed opportunities with nuclear power), but this is seen as being politically unacceptable to the European Greens, so it is more acceptable to import gas from far off places with dubious political freedoms where Green politics has little impact.
I'd sooner invest in Nuclear than gas.
@@wiseass2149 While nuclear can cover some of the capacity for gas it cannot be a total replacement for gas.
The problem is that nuclear is good at covering base load but cannot cope with covering peaks and troughs of power demand. Gas power stations have quick startup and shutdown times so can easily be spun up to cover peak demand.
In any case, these are decisions that should have been made 20 years ago, but there were always green pressure groups willing to oppose all the options so now we have none of them and are paying the price.
You forgot the new interconnector to Bulgaria
Europe needs to diversify its energy sector away from gas and fossil fuels and towards renewables and nuclear energy.
Go back to coal. We’re fucked anyway
02:33 - ooh
Authentic Chinese music 🎶 again
Can some1 tell me what it is?
I have been unable to find out since last time ☹️
Burning hydrocarbons is going out the door very quickly the smart way to invest is to bypass and move straight to renewables
It would be very difficult to defend a trans caspian pipeline from russia. The countries would have to build the ships themselves inside the basin, the closest any ships they bought could get would be the black sea.
Good
Europe is surrounded by North African “strongmen”, West Asian “strongmen” and Central Asian “strongmen”. It will never have cheap gas from pipelines; it will only ever have gas with a cheap price and a deferred cost as they wait for one of these “strongmen” (a term that is sopping with irony) to turn against them or be overthrown in a manner that disrupts the supply. LNG may have a higher price but the cost is much lower. If they want a cheap price (without a massive long term cost) for energy they need to use nuclear and coal.
"with no cat there's a problem for mice"?
China - We eat mice, give us all the rats, we'll solve your problem.
Nuclear plus renewables sounds better to me.
Van Der Leyden, who previously insisted that energy dependence on Russia was not a security threat... Why is she still in office?
Take advantage of the gas fields in Europe. Reverse the ban on fracking and drill baby drill.
Damn that British teeth is shiny
I would also make a statue of my dog if I was dictator.
And now a whole new generation gets to understand the dyspeptic feeling of realpolitik.
When he said “Kazzzbakh” the video ended there.. RIP
Europe better get busy cranking out some gigantic gold statues.
This guy looks like he just went through months of chemotherapy for liver cancer and is in that late stage of it where right before you die, you're suddenly full of energy and motivated to do stuff.
FFS I've had enough of dictators having us by the balls. I want nuclear+renewables and never hear again about some shady deal with some lunatic with delusion of grandeur
@@GeorgeWashingtonLaserMusket unfortunately I'm not in power or every European home would have been insulated and fitted with solar and small wind units by now... But that would have made the population less dependent to the massive industry and gas and oil giants... Our politicians are bought and sold to them!
Things don't look good when casting this to the TV
What about developing the Ukraine gas reserves, they are much closer and may well be an EU member in the not too distant future.
It probably will happen too, but not until the war is over.
Germany and France is also sitting on shale gas, but shale tech is not yet allowed in Europe.
@@hkchan1339 Yeah, only the UK recently allowed it, and I expect if Labour comes into power (very possible), for the ban to be reinstated.
Also, they would need to ramp up production.
Ukraine might become an EU member in around 50 years or so
@@ernestmilos7320 Ukraine will be effectively in the EU kind of like norway after the war
@@ernestmilos7320 Ukraine would not be able to meet liberal demand its members must abide by. Ukraine has always been a corrupted nation politically.
Europe should build a gas pipeline to Israel thru Greece & Cyprus
You're wrong on the saying. In fact it goes "кот из дома - мышы впляс" which reads "mouses are dancing while the cat is out".
Still no video about the current events of Iran :(
I know a cry for help when i hear one
Winters eventually end, but the memories of betrayal of values do not.
A lot of this is the fault of people's ignorance around understanding how nuclear power works. I'm all for "green" deals, but they actually have to be followed through on. All we see is empty promises of solar and wind, and instead nuclear plants shut down in favor for burning more fossil fuels? Seriously?! Europe needs to make a major course correction in better educating their people on nuclear power if we truly want to get out of the situation we're in.
Does anyone know the song playing from 6.24 minutes
Anyways there won't be any benefits for Türkmen nation, but at least our dictator & his family will enjoy it fo sho..
We have roughly 6M people and we're sitting on top of one of the biggest gas reserves in the world but still living in these poor conditions..
And Chinese have been milking this family for it's free gas since late 2000s
So I don't think they would want to share it with EU
Thorium is the GREEN answer!
"How long is your pipeline gas?" The expected question from a beautiful girl
Europe needs to cooperate with weird people as well as develop nuclear and other energy sources, including coal
They need to use and get gas from whomever they can at the moment while simultaneously building nuclear reactors and more renewables.
This guy definitely smokes Bud
Current green energy sources cannot cover energy need. If we move towards nuclear energy it would be a better choice than returning to fossil fuels.
LOL! Thanks.
Man, as I understand you call Azerbaijan - Central Asia? It’s quite wrong, Azerbaijan is more European/Caucasian/Middle Eastern country, there’s nothing to do with Central Asia. And you also called new president of Turkmenistan - Aliev?! As I know his name is Serdar, seems to me you did bad preparation for that topic…
Why not Europe just produce its own natural gas using fracking?
You have to have oil shales/sands to produce shale gas and Europe has almost none.
@@Drunken_Master I think we have plenty across Europe.
Not worth all the hassle. Just work with Norway, the Netherlands and UK. There's plenty of gas in the North Sea. I'd rather invest there.
Slower please 🙏 I understand but I don't remember information.
I've been to Baku. Yes, those women are knockouts.
Nuclear + Renewables.
“Nuclear + Renewables”
Nuclear is great for base power
Renewables required NG to spin up power quickly, when needed to fill gaps during lack of sunlight & lack of wind.
Only other option is using Hydrogen to quickly spin up those generators during spot power needs. Renewables without hydrogen or NG is a non-starter.
why would russia import gas from turkmenistan? it doesn't make any sense
Russia imports a lot of things from Central Asia. Because they will receive it almost for free and sell to Europe. Easy cash.
I still don't understand why we don't do massive investments on nuclear energy to get ourselves energy independent
Need build pipeline to central Asia and Arabian Peninsula.
11:18 "Stupidier North Korea". 😆
Yes, nuclear and renewables, obviously!
Hot Central Asian girls? I'm into that. Sign me in a the diplomat.
Just go to NYC and bring about $300. Lol
Also, this is the best opportunity to invest in renewables for a long term green future!
I have a question maybe you have the answer but aren’t those countries in the sco or better said Shanghai cooperation organization were both china and Russia are leading it to of course diversely away from western center world with countries like India, Iran , and even turkey are opting to join? I only ask because even American ask to join as an observer only and they were denied. So to me it seems foolhardy to just presume that these is under the guise of benevolence because they are in opec + which even sided with Russian and cut the fuel production just to screw with the us and Europe after nord stream 2 of course. It might just be me seeing thing you know since I have been reading the news papers and websites and also watching world news to stay informed. There are a lot of things that I just don’t understand were just seems to be a disconnect.
I'm sure these central asian countries are champions of human rights lol
Breathe, relax a bit, slow down, and start to communicate...please.
One big fact is missed in this video: The second biggest owner of natural gas reservoirs after Russia is Iran....
Should sound more like von der lion, not von der Lidl
Why Ruptly?
im all for a lonnng pipeline 😊
When I think of Turkmenistan and dictators: bishlemek gurpgork