What is at stake is terrible, and no room for misunderstandings here, so let´s get this straight from the get-go: the EU´s “non-plan” to ban Russia´s crude oil and refined products thereof is as improvised as it sounds. For example, this “non-plan” does not include a single word about how the EU will effectively replace the abundant processed and finished oil products and distillates also currently imported from Russia. Would it be from Über-European productivity to be obtained from EU refineries after full modification for processing non-Russian oils? Or maybe through massive additional imports from yet unknown non-Russian sources? If a high school teenager were to submit this EU ´plan´ for teacher´s approval, at least in my 1960s it would have been immediately rejected, I kid you not. Been there, done that, got the T-shirt. Below please find the main points of this EU nonsense about which we only get piecemeal excerpts.
- until December 2022 Russia would continue exporting normally to Europe as it always has, meaning that for many months Russia would still happily cash-in copious amounts of euros per EU oil-sales revenue most probably with yet higher oil prices induced on the market by this very precise EU “plan” (not) described herein. This includes post-Covid and peak summer tourist consumption of diesel, petrol/gasoline, and aviation fuel.
- until December 2022 the EU would (supposedly) have enough time…only 6 months…to find and pre-select vendors, call for and much later study bids & lab tests, certify, negotiate, award and enter into 30 to 50-year contracts which better be fully complied with by yet unknown brand new international crude oil vendors (who are they, why not known yet ?) necessarily duly compatible with existing refineries and processing plants and other European requirements while simultaneously and successfully reaching legal agreement amongst 27 very diverse and conflicting EU stakeholders regarding design, tender, evaluation and award of contracts and oversight of the building, re-tooling, upgrade, testing, permitting and commissioning of a most important percentage of key European chemical industries and fuel trade businesses to be briefly described later herein and about which nothing has yet been said. This alone would take many years to approve and execute, yet EU politicians just smile solemnly and stare at MSM cameras same as a cat would after gulping down a canary. Matching the Russian Urals oil grade is theoretically “possible” by blending oils from different sources if available in reliable and large enough quantities. BUT achieving the blend specifications and volumetric physical flow requirements to meet refinery required output vis-á-vis desired final product specs is very difficult
And it´s still an unfathomable mystery how the EU will effectively replace the abundant processed and finished oil products and distillates also currently imported from Russia. Not a single official word has been uttered by the EU.
This is just another billionaire created ‘perfect plan’ for fossil fuel and military industrial complex billionaires to get much RICHER, on the backs of the common person who must pay whatever is asked, just to survive. TRILLIONS will be transferred from the 99 percent to the 1 percent, no matter how this all works out..
All wars are schemes set up by greedy, sociopathic billionaires, where they rich off of both sides hatred, propaganda, and mass murder plus destruction.