Russia warns Korea over participating in gas price cap

Georgy Zinoviev, head of the Russian foreign ministry's First Asia Department, warned that Korea joining the G7's price cap will bring "serious" economic consequences.

In an interview with Russia's state-affiliated media Sputnik, Wednesday, Zinoviev, who is in charge of relations with the two Koreas as well as China and Mongolia, said Moscow is aware of Washington trying to engage Seoul with "a buyer's cartel" on Russian oil.

He added that if South Korea joins this initiative, it will have a seriously negative effect on Korea's economy.

"Our country will not supply oil at the expense and as a result, the South Korean partners will buy oil not cheaper but more expensive and it (is) likely that it will be much more expensive. We hope that Seoul will understand and buy it (so) they do not create unnecessary problems for themselves," Zinoviev was quoted as saying.

Zinoviev said Russia will strengthen measures against Korea if the Korean side decides to join additional sanctions.

"We think Korea and Russia alike should avoid the worst scenario by the sanctions forced by the U.S. and minimize damage to practical cooperation between Russia and Korea for the last 30 years," Zinoviev said, noting that the new Korean ambassador to Russia, Chang Ho-jin, emphasized the need for more bilateral cooperation when he arrived in Moscow.
koreatimes.co.kr/www/nation/2022/09/113_335812.html

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ips-journal.eu/topics/economy-and-ecology/poland-parts-from-russian-energy-5901/
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Putler really fucked up, Russia will be the equivalent of north Korea by the end of the decade, putler's hermit kingdom

It's true. I just find it odd how the vatniks insisted that the G7 price cap would be 'meaningless' as 'they'd just buy Russian gas by proxy through China and India at a higher cost'.

In reality that's only partly true, what's happening is everyone is scrambling to find alternatives to Russian gas and Russia knows this is a disaster for their energy sector. Which is their only real source of income because they have nothing except extractive industry and make nothing.

>by the end of the decade

Century*

abolition increased prices without putting a dent in supply. Same here. Gas, Gas, Gas, everywhere Russian gas at abolitionist prices. New criminal gangs growing into smuggling. The West has lost its mind.

KEK, South Korea is giga cucked, so this is the right move.

But is isn't Russian gas that's going to be relied upon.
Think about it, why would Russia be upset about this move if it would just be selling the same amount of gas that would be purchased by proxy from EU countries via India or China? That was the narrative. If that was true then Russia would lose no sales at all.

So clearly it isn't true or they wouldn't be so mad about this giant loss.

>russia warns

It's almost like buying shells and missiles from North Korea would have unintended political consequences

There are no alternatives to Russian gas for any Eurasian nation in the next decade, you fucking retard. There are ways out - Europe especially could begin immediately reorganizing their energy grid today and begin construction on dozens of nuclear powerplants. Maybe in 5 years it would start paying dividends. What are the chances of Europe doing that though? What are the chances of European peoples putting up with it until then? Shit is fucked, dude. The West tried to bluff, Russia called. The only thing to do is accept the L or flip the poker table over by putting boots on the ground in Ukraine.

South Korea buys missiles from North Korea.
South Korea fire missiles at enemy Japan
Sounds perfectly logical to me.

The Japanese are the #1 enemy of Asia.
The Mutts are the #2 enemy of Asia.

Russia has everything it needs and more in their nation already. If they just got their shit together they would be 100% fine. And that can be said about only a handful of nations.

>If that was true then Russia would lose no sales at all.
Russia isn't after normalized sales. They are pushing back against Western sanctions. they will take less money and fewer sales to fuck with Western nations trying to circumvent their strategy. How hard is this shit to understand? NATO went full retard and now Russia has only 2 options - go all in or become a vassal state. I don't think Putin's pride could take the later. If you are going to try to economically extort a country, you better make sure you actually have economic leverage before you do.

China will turn Russia into China's China.
They will produce all the plastic shit there while vatniks will slave away in factories and killing themselves with vodka.

>There are no alternatives to Russian gas for any Eurasian nation
This isn't true.

Finland only took 6% of its gas from Russia, it has been cut off for months now and is doing relatively well

>Balticconnector, which started its commercial operations at the start of 2020, saw its total cost of €250 million, 75% financed by the EU’s Connecting Europe Facility fund.

>There will be no gas shortage in Finland even if the Russian pipeline is turned off, Gasgrid Finland CEO Olli Sipilä told YLE in an interview. “The Balticconnector offers access to Latvia’s gas supply and the Klaipeda LNG terminal in Lithuania, through Estonia,” Sipilä added.

euractiv.com/section/politics/short_news/finland-does-not-need-russian-gas/

>Poland has long been pursuing a strategy of diversifying its energy supply and decoupling from Russia as a supplier of gas and oil. Today, according to the government, it has various possibilities to substitute the missing gas supplies from Russia: via the use of European pipeline systems; via the liquefied gas terminal in Swinoujscie, which was launched under the first PiS government from 2005 to 2007; via a small national gas production; and finally, from autumn onwards, via the Baltic Pipe, which is to provide Poland with a stable supply of Norwegian natural gas. The now interrupted supplies through the Yamal pipeline would have ended at the end of 2022 anyway.
ips-journal.eu/topics/economy-and-ecology/poland-parts-from-russian-energy-5901/

The most hard hit country is Germany, and that is their fault for having morons in charge who refused to go nuclear years ago. The same is true to a lesser extent to other parts of Europe.
The reason that Russia is very unhappy about this G7 price cap is because it is accelerating the process of alternatives being arranged. The countries are not just rebuying the same volume of Russian gas that's being redirected (if they were Russia would sell the same amount).

The EU won't exist by the end of the decade, China will be the largest economy in the world both in nominal and PPP terms, the USA will be severely weakened by internal struggle and Western Liberalism will be on retreat.
Russia is simply ahead of the curve and realized "the West" is falling apart. The future of humanity lies in the East.

Maybe for some strategic goods that would be bad if they ever got blockaded.

China already has factories in Africa where labour will always be the cheapest.

>You will buy my gas or suffer.

Fuck off. China is Asia's enemy #1. Can't wait to do Nanking 2: Electric Boogaloo
t. sea nigger

I bet you learned that from the Mutts.

Of course they would teach you that. Your parents were traitors of Asia, and you got brainwashed by the murderers of Asia.

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without cheap russian gas Germany loses economic viability. with no german economy no EU. Germany is the locomotive of the whole EU. the sun around which all the stars revolve around. this sun burns cheap russian gas and no other gas is a cheap as russian. ones the gas is off the sun stop shining and the stars lose their center of gravity and disperse in all directions.

either Europe gives Ukraine to Russia or they become Ukraine themselves - ones a prosperous industrialized region of the USSR and after the fall a deindustrialized, poor country, rife with political extremism and social upheavals

>The reason that Russia is very unhappy about this G7 price cap is because it is accelerating the process of alternatives being arranged.
What alternatives? American, Venezuelan, or Candian gas? I we going to ship it across the ocean? Are the masters that started this shit show and are pushing for green energy suddenly going to ramp up domestic production? If Russia stops selling gas, where is SK going to get it from?

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They're becoming a vassal state because of Putin's retarded foreign policy. China is happy to sit on the sidelines watching Russia become increasingly weak and then move in and buy up everything for cheap.

Good. The EU is a bad thing and should never have existed. Germany and other nations should have also met their NATO budget but they still refuse, even now, they are reneging on their NATO budget that they agreed to just months ago. If the Germans insist on having these libs in power who can't figure out that having a hostile nation next door is bad news then they deserve to lose their empire, which is what the EU is, a German empire.