Tag Archives: United States

My two Sky News: Russian gas via Ukraine not needed: 1) EU has won initial Energy War. 2) But, crisis continues: Volatile EU wind/solar gobbling gas, boosting prices & deindustrialization. Green Deal needs reform. 3) Trump’s demand EU buy more US LNG has seller & buyer risks.

1st row: English (my voice). 2nd row: Arabic (all). EN transcripts below.

EN SkyNews 01.01.25
EN SkyNews 02.01.25
AR SkyNews 01.01.25
AR SkyNews 01.01.25
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My BiznesAlert: German elites have no idea how to get out of the crisis / Ekspert dla Biznes Alert: niemieckie elity nie mają pomysłu na wyjście zkryzysu

Last night, leaving the Polish Sejm, after a long discussion, invited by a leader.

URL CORRECTIONS: ENGLISH Biznes Interview LINK & POLISH Biznes Interview LINK

[Warsaw, 21 Nov] Here’s my interview with BiznesAlert’s Artur Ciechanowicz (in EN & Pl) on Germany’s energy, industrial and political crises. I spoke here in Warsaw Monday at the CEE Energy Security Conference, attended Wednesday’s 25 Years of NATO Membership conference, and was invited yesterday evening, by a leader of the Sejm (parliament) for a long talk in his offices, joined by Mark Voyger (American University Kyiv and former-NATO). More soon. Tom O’D.

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My BBC(Cairo)+Alhurra(Wash DC): What if Israel bombs Iran’s oil? Does Israel have an end strategy? “Smite enemies, repeat in 10 years”?

Again, oil security is determined by both global-market balances and geostrategic realities – at present the Mideast war and Russia’s War on Ukraine. My analyses this weekend were featured in: (a) an AlHurra video (LHS English, RHS Arabic), and below these (b) a detailed BBC-Cairo print interview (LHS English Google Translate, RHS Arabic original). where I make similar points as my Friday video in Warsaw.

Alhurra ENGLISH. My comments at 2:45 & 8:20. Date: 5 Oct 2024, with co-guest GPI President Paolo von Schirach, Washington.
Alhurra ARABIC, 5 October 2024

My BBC (CAIRO) print interview in Arabic and English (Google Translate):

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My Briefing Paper for USA House Foreign Affairs Committee hearing, “… Ending Global Dependence on Putin’s Nuclear Energy Sector.”

—– Click image to open PDF

I was asked to write a Brief for the USA House of Representatives’ Committee on Foreign Affairs (Europe Subcommittee) 12 March hearing: “Going Nuclear on Rosatom: Ending Global Dependence on Putin’s Nuclear Energy Sector,” submitted via Wilson Center in Washington, where I am a Global Fellow (external). There are two aspects to the Brief:

  1. My assessment of how threats posed to the 3-Seas-Region Member States executing a pragmatic energy transition incorporating nuclear energy emanate both from the role of Russia’s Rosneft, and equally from the activities of seven anti-nuclear Member States led by Germany, and
  2. Detailed research on Russia’s nuclear energy dangers contributed by colleagues in Poland and Ukraine.  Their research includes:
  • Appendix A: Some facts and policy recommendations on Rosatom activities, based on research by Warsaw colleagues at The Polish Economic Institute (PEI), Dr. Adam Juszczak, and Mr. Kamil Lipiński (p. 6);
  • Appendix B. Rosatom may be assisting in circumventing sanctions., from research by colleagues at DiXiE Group, Kyiv, Ukraine, especially Mr. Roman Nitsovych, and Ms. Olena Pavlenko (p. 7);
  • Appendix C. Why sanction Rosatom: Link between “peaceful” Rosatom energy & Russian nuclear weapons, based on research by CGS Strategy XXI , Kyiv, Ukraine, in particular Mykhailo M. Gonchar, Founder and President, and Chief Editor of the Black Sea Security Journal (p. 11.)

I highly recommend their three Appendices.

I should note that what I wrote in the main body was likely unexpected. I wrote that, for accomplishing a pragmatic, nuclear-power-inclusive energy transition in the 3-Seas Region (i.e., the EU’s Central and Eastern Europe, Baltic, and Balkan Member States), the continued dependencies on Russia’s Rosatom are not the only threats. The threat from the Group of Seven anti-nuclear states, led by Germany, is clearly equally or more disruptive to the Region accomplishing a pragmatic energy security-and-transition policy. I’ll quote a bit of the report on this point:

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1st “Berlin Energy Forum” 21 May | A monthly disruption of the local ‘energy echo chamber.’

Dear Colleagues & friends, Below is an invite to our first Berlin Energy Forum (jump to details | jump to register), but first a personal note.

First, a personal note: As some of you know, this is an idea I’ve been floating in Berlin since well before Corona. Then, last October, I had an experimental test run, a one-off, sponsored by the Qatari embassy’s Divan – and it went very well.

However, the biggest success from that event was that Ben Aris, co-founder and editor-in-chief of bne IntelliNews enthusiastically joined me to found the Berlin Energy Forum as a regular monthly sort of membership club. Amongst the longest serving foreign correspondents in Eastern Europe, Ben has been covering Russia since 1993, with stints in the Baltics and Central Asia. He is a former Moscow bureau chief for the Daily Telegraph and was a contributing editor at The Banker and Euromoney for a decade amongst writing for many other publications. He is also a professional photographer, and nowadays based in Berlin.

Ben is one of those rare people who relishes doing analysis and data-driven writing (non-stop!), AND who knows how to do business – and thoroughly enjoys doing it. Just the partner for this endeavor.

My model and inspiration for this forum was always the New York Energy Forum, which has run for over 40 years now. I happily attended while teaching in NYC. My experience with that forum, plus familiarity with a few top DC think tanks, and various foreign diplomats (esp. in NYC/UN), is how, as an academic, I got to know a broad spectrum of USA oil and gas executives, journalists, financial-institution analysts and government officials. Those personal connections have, over the years, anchored my assessments of USA, of OPEC MENA-and-Latin American members’, and of Russian and Chinese strategy. This sort of community doesn’t exist in Europe in such a focused manner, save perhaps in London. Perhaps we can now bring a bit of that world to Berlin with our new BEF.

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Jerusalem Post asked me: “Why can’t Israel make unilateral decisions on its multifront war?”

I was asked by Debbie Mohblatt for the Jerusalem Post on Thursday: Why can’t Israel make unilateral decisions [i.e., as to whether and how to attack Iran]? Two other geopolitical experts interviewed were Jack Kennedy, head of Middle East and North Africa Country Risk at S&P Global Market Intelligence, and Noa Meir, founder of the Gideon Meir Diplomacy Center. My quoted remarks follow, the full article is here, and farther below I put today’s performative Israeli response in perspective..

Israel dependent on American decisions

Dr. Thomas O’Donnell, a global fellow of the Woodrow Wilson Center in Washington who teaches in Berlin, told The Media Line that Israel was very dependent on American decisions. He added that in this case, Israel could carry out some small-scale symbolic response that would not necessarily draw an additional Iranian attack leading to escalation.

“Israel has always gotten huge amounts of support from the United States—military and otherwise. It’s quite clear that it [Israel] can’t sustain a protracted war, especially a protracted war of the nature it would be against Iran, without the United States’ support, and there’s no other country that is capable or willing to give that support,” he said.

O’Donnell added that very few of the world’s countries can make these kinds of decisions without considering their allies. “A small country can go to war with another small country. But if this is going to bring in larger powers, they have to be very careful,” he continued.

… O’Donnell explained that ever since President George W. Bush’s administration, which came before Presidents Barack Obama and Donald Trump, the United States has been very clear that it made a mistake by putting too many boots on the ground in the Middle East and that it must get out of the region. “It has to focus on great power competition against Russia and China. And this is becoming more urgent by the day,” he continued, explaining part of the rationale behind the US not wanting a major escalation between Israel and Iran. (Read the entire article for the others’ comments.)

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New “CEE Nuclear Energy Network” holds 1st policy consultation with Polish officials & experts.

On 4 April, in Warsaw, the first meeting of our new CEE Nuclear Expert Network (a policy network) was held to consult with Polish officials and experts. The network organizers include:

Below, I explain: i) Our event, who attended and such, and ii) our other planned 2024 Nuclear Expert Network events for Poland and the 3 Seas Region.

i) 1st “Chatham House” Nuclear Expert Network meeting

Attending were representatives of the Ministry of Climate and Environment, the Ministry of Technology and Development, the Prime Minister’s office, National Development Bank of Poland (BGK), Industrial Development Agency (ARP), Polskie Sieci Elektroenergetyczne S.A. (PSE – the national electric grid operator or TSO), a consultancy advising the ministry, and others. (See also Kamil Lipinski’s LinkedIn Post’s list below.),

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Why USA alarm? [PL/EN] Analityk: Ukraina pokazała, że może zakłócić eksport rosyjskiej ropy przez porty /Analyst: Ukraine has shown it could disrupt Russian ports exporting oil

Money.pl Getty …

In an Easter Sunday interview in 20+ Polish papers [POLISH & ENGLISH below], I said White House reasons for Ukraine not to hit Russian refineries don’t make sense. The “elephant in the room” alarming DC is that Ukraine can now disrupt Primorsk, UST-Luga and Novorossiskya oil ports, needed for 60% of Russian exports.

This would not only deny Moscow vital oil revenues needed to wage war, it would also spark a spectacular global oil market shock. I explain that the USA and allies can urgently prepare for this, while the Ukrainians are still maintaining strategic patience.

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My Newsweek: 1) Ukraine could hit Russian oil exports-but hasn’t. 2) Gen. Hodges is right–USA stand regrettable.

Credit: Kyiv Post 13mar24

“O’Donnell told Newsweek that that if Ukrainians really wanted to hit oil exports, they would go after Novorossiysk Fuel Oil Terminal in the [eastern] Black Sea and Primorsk Oil Terminal at the end of the Baltic Pipeline System.

“‘These are the two major exports sites for Russian oil and they are demonstrated to be within range of aerial drones and perhaps, in the case the Black Sea, their seaborne drones,’ he said. ‘If they really want to cut Russia’s oil income, they would go after those ports and they haven’t—that might be in deference to Americans concerns.’ (Russia Faces Major Gas Headache After Ukraine Strikes, Newsweek, article by Brendan Cole, Mar 25, 2024.)

Last week, Newsweek (USA) twice cited my analysis of Ukrainian drone strikes. In one instance, I had the honor of following an interview with General Ben Hodges, former Commander of US Army, Europe, with whom I concur in regretting the USA opposition.

(Aside: I hope to have an Op-Ed, perhaps tomorrow, in Europe, assessing that (i) the USA’s stated reasons versus Ukraine’s drone strikes to date do not make sense, and (ii) the “elephant in the room,” which must really have alarmed the White House, is that Ukraine’s strikes on refineries ipso facto demonstrate they COULD, if they so chose, disrupt anywhere up to 60% of Russian oil exports. Lastly,(iii) if the USA, EU and allies do not rapidly prepare non-Russian oil-sector producers for this eventuality, a global oil price shock could result.)

Here are the links to last week’s two new interviews/citations by Newsweek:

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“Is Europe Winning the Energy War?” Berlin Energy Roundtable -24 Oct.- Invitation

Space is limited. Registration is required.

You are invited to attend the 1st Berlin Energy Roundtable, on 24 October. Our three distinguished speakers share decades of Eurasian and Mideast gas-sector experience. I’ll have the pleasure of moderating.

As many of you know, this is a format I long sought to establish in Berlin; but, which during Corona and the energy-crisis after the largescale Russian invasion of Ukraine, was difficult to advance.

The event is made possible with the generous sponsorship of the Divan Culture House in Berlin. Hopefully there will be several more in the coming year.

My SkyNews: Saudis can & will limit oil price before tanking customers’ economies. Russian cap has had impact; but it’s lessening.

This has English audio.
This is the on-air ARABIC version – T.O’D.

Two key, of several, points I made:

[02.10.23 Note: Some typos/syntax corrected. Somehow could not edit w/ my phone yesterday.]

–1– The Saudis have no intention to spike oil price over $100/barrel, at least not for long – that’s my read.

Their customers’ economies are troubled, especially China, but Europe too – where too-high-an-oil-price could re-boost inflation, even push them into recession(s) killing oil demand.

Over the last year, the Saudi’s were newly proactive (their traditional mode was always to react after-the-fact). And their economists’ market calls were correct.

For several months, OPEC+ cumulative production cuts barely held prices stable. Only in recent months, along with new (though tepid) demand, did prices climb, form high-$80s to now mid $90s.

The Saudi minister professes to be unsure whether demand will rise in Q4. The IEA and the futures market (in backwardian now) see tightness. The Saudi minister answers that, if that happens, he has plenty of oil ready to put back into markets.

But – Nota Bene – despite present drawdowns in USA oil stocks and apparent tightness elsewhere, suddenly many oil analysts are saying that the present price rally could be short lived, and that OPEC-plus may have to keep or even deepen its cuts to maintain prices as they are.

Here are three very useful reports to this effect:

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My Asharq: Russian oil to India, 40% of imports, ousting traditional suppliers. Borell wanted resale into EU stopped. OPEC: Investments must surge before Q3/Q4 Asian demand-&-price rise.

Asharq, Dubai (Bloomberg, Dubai) in Arabic, with Jordanian expert and myself. 22May23

I was interviewed (from Berlin) by Asharq (Bloomberg affiliate, Dubai) along with Jordanian oil and energy expert, Dr. Amer Al-Shobaki (from Amman) about OPEC leaders’ assertions that oil investment is urgently needed to meet an expected demand rebound, especially in Asia, in Q3-Q4 2023.

Investments have been precariously low for a long time, throughout COVID and even after 24 February 2022, with Russia’s full-on aggression against Ukraine. Now, OPEC warns later-2023 can bring big price spikes and deep economic problems.

I should note, this demand-and-price boost would be a boon to Russian oil prospects, complicating Ukrainian’s allies’ attempts to reduce Russian profits and limit the resale of Russian oil refined in India into the EU market. The G7/EU adoption of the USA-proposed price caps on Russian exports (enforced via constraints on oil-shipping insurance and banks financing of sales) instead of an “old fashioned” sanctions regime (such as specifically restricting Russian oil sales step-by-step via direct and secondary sanctions) has finally begun to significantly restrict the normally expected flow of oil-export-sales cash back into Moscow’s coffers, after a 2022 of high oil prices and big Russian profits.

EU foreign minister, EU Commission foreign relations chief, Josep Borell, has rightly asserted that the EU must do something to stop this resale, by adjusting present sanctions. However, unfortunately, the EU has now backed down substantially on this ambition.

On air, I referred to a report by Marianna Pàrrage, at Reuters, whose research has found that from January to April 2023, 1.69 million barrels per day (mbd), and 1.89 in May, went to India, now accounting for about 40% of India’s total. This has displaced India’s former Venezuelan, Middle East, African and USA suppliers.

Interestingly, Moscow has sold its oil, banned in the EU, USA and UK, in a very focused manner to India, China and Turkey, not Asia broadly, which could have market advantages for Moscow.

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EU/G7’s Russian diesel price cap is on. Now, as prices rise, Ukraine’s allies can squeeze Putin’s revenues, short of a price spike. Putin’s no longer decides his business terms.

My Kyiv Post | Opinion Exclusive: “Reflections on Scholz’s Leopards’ Stalling Strategy”

German Chancellor Olaf Scholz looks on prior to deliver a speech at the Congress centre during the World Economic Forum (WEF) annual meeting in Davos on January 18, 2023. Fabrice COFFRINI / AFP

26 January 2023.

LINK to read at Kyiv Post

Summary (Added only on blog, T.O’D.): Scholz’s resistance to sending Leopard 2 tanks to Ukraine has freed up many in Germany and beyond with reservations about the direction of the West’s strategy to become vocal.

Scholz is opposed to the recently changed USA-NATO strategic understanding that Putin’s new, long-war-of-attrition strategy could give sufficient time for his larger economic and energy war on Europe to bear fruit, seriously disrupting the West’s solidarity with Ukraine.

Biden and the NATO majority concluded that Putin’s long war of attrition strategy must be smashed. This requires large numbers of heavy weapons – tanks, aircraft, etc. – for Ukraine.

However, Scholz’ faction in Germany and in other EU states see a stalemate (e.g., war of attrition)) as likely positive, as it might lead in time to the two sides accepting a negotiated settlement or frozen conflict. This, they feel, is the path to ending the dangerous Russian-EU energy and economic war.

However, the majority pro-escalation camp, expects that a war of attrition (aka stalemate) risks the destabilizing effects of a prolonged and costly economic-and-energy “Cold War. 2” on Western stability and solidarity.

Scholz’, by demonstrably stalling NATO’s ability to send German tanks, effectively signaled his leadership of the no-escalation and pro-stalemate EU-wide faction, which is of significant size. In Germany sections of every political party now align with Scholz’ strategy. He and his faction wait for their time, when and if the new NATO escalation strategy fails.

All German parties were deeply involved in the previous energy partnership with Moscow; there is no significant organized opposition faction able to take leadership from Scholz and implement a Zeitenwende. This vacuum drives a gathering German – and EU – political crisis

Moscow is well aware of these matters. (Kyiv Post Opinion piece follows)

LINK to read at Kyiv Post | Link to copy at GlobalBarrel.com

German Chancellor Olaf Scholz’s resistance to sending Leopard 2 tanks to Ukraine has freed up many in Germany with deep reservations about the direction of the West’s strategy and policy, to voice their frustrations, fears and, for many, an unwillingness to join in a Russian-Ukraine war, as opposed to containing it.

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Roundtable, London asked us: “Is the US making a profit from the conflict in Ukraine?” — In my view, this complaint reflects Scholz & Macron’s continued longing to escape the USA’s transatlantic strategy towards Russia & China.

My comments are at (1) 4:19, (2) 16:20, and at (3) the end 23:15.

Guests:

  • Nicholas Lokker, Research Assistant at the Centre for a New American Security
  • Marie Jourdain, Visiting Fellow at the Atlantic Council’s Europe Center
  • Dr. Thomas O’Donnell: Energy and Geopolitics Analyst

Host: Philip Hampsheir, sitting in for David Foster.

From the TRT YouTube page blurb:

Dec 7, 2022 – Top European Union officials are accusing the United States of profiting from the war in Ukraine through high natural gas prices and weapons sales, while Europe struggles with rampant inflation and a cost of living crisis. Amidst rising tensions, a meeting between French President Emmanuel Macron and his American counterpart in Washington saw both attempt to send a message of unity.

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