Tag: Oil

  • Why do Pakistanis need electricity, gas, and oil ?

    Why do Pakistanis need electricity, gas, and oil ?

    I can’t understand why Pakistanis are protesting against exorbitant electricity bills and rise in gas and oil charges ?

    After all, Pakistan is an Islamic State, and people living in Madina ki Riyaasat lived without electricity. I cannot imagine the Prophet leading a demonstration of people demanding electricity. So why cannot Pakistanis live using oil lamps in the night, as Arabs did at the time of the Prophet.?

    Why do Pakistanis need electricity, gas and oil

    As for rise in gas prices, again I cannot understand what Pakistanis have to complain about.? Were there cooking cylinders at the time of the Prophet, or did people cook food using wood ( or maybe camel dung ) ? Why can’t Pakistanis do the same ( except that instead of camel dung they can use donkey dung, as it is reported that the donkey population has increased exponentially in Pakistan ).

    https://www.geo.tv/latest/491950-donkey-population-on-the-rise-in-pakistan

    Why should Pakistanis use cars,trucks and buses, which require petrol or diesel, for transportation ? Why do they need diesel or electric trains ? They should use camels, as people used at the time of the Prophet. 

    The camels will also supply milk for drinking,and this should replace cow milk ( as cow is a Hindu animal, and therefore cow milk is haraam, and is only meant for kaafirs ). 

    Camel dung can be used for cooking, and camel urine can be used as a medicine, as was done for centuries.

    https://en.wikipedia.org/wiki/Camel_urine#:~:text=Urine%20from%20camels%20has%20been,traditional%20medicine%20lacks%20scientific%20evidence.

    And following the example of their great Qaid-e-Azam, Pakistanis should start eating pork, drinking wine ( or was it Scotch whiskey which he partook before dinner ? ), and stop saying namaaz ( which Jinnah never did all his life )

  • UN calls for closing funding gap to salvage decaying oil tanker off Yemen

    UN calls for closing funding gap to salvage decaying oil tanker off Yemen

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    United Nations: There is a “crucial need” for additional money to close the funding gap to salvage the decaying Safer oil tanker off Yemen’s Red Sea coast, a UN spokesman said.

    A pledging event hosted by the UK and the Netherlands for the UN-led Safer project raised $5.6 million in new funding, Farhan Haq, deputy spokesman for UN Secretary-General Antonio Guterres, told reporters.

    The UN calls on the international community to help close the funding gap, which still stands at $23.8 million for the emergency phase, he said.

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    The Safer tanker, a 47-year-old vessel that has moored off Yemen and has not been maintained since 2015 because of the conflict, has decayed to the point where there is an imminent risk it could explode or break apart, which would have disastrous environmental effects on the region, reports Xinhua news agency.

    As part of an emergency operation, the UN Development Programme purchased from Belgian shipping company Euronav in March the vessel “Nautica” to remove over a million barrels of oil from the decaying Safer tanker.

    The vessel is expected to arrive in Yemen in early May.

    According to Haq, an additional $19 million is also required for the critical second phase of the UN-coordinated operation to avert a catastrophic oil spill in the Red Sea.

    “It is urgent that this gap is closed to successfully implement the operation,” Haq said.

    “While we appreciate the contributions received so far, there is a crucial need for the funds to allow us to complete the task that we have begun,” he added.

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    #calls #closing #funding #gap #salvage #decaying #oil #tanker #Yemen

    ( With inputs from www.siasat.com )

  • Indian oil & gas supervisor in Qatar wins Rs 2 cr in latest Mahzooz draw

    Indian oil & gas supervisor in Qatar wins Rs 2 cr in latest Mahzooz draw

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    Doha: A 36-year-old Qatar-based Indian expatriate won the guaranteed raffle prize of one million Dirhams (Rs 2,22,66,323) in the latest Mahzooz draw.

    The winner of the draw Sumair Singh— matched five out of the six winning numbers during the weekly Mahzooz draw held on Saturday, April 29.

    Sumair, working at an offshore oil rig, the oil and gas supervisor is out in the sea for six weeks at a time. He will visit the UAE to collect the cheque in the next ten days.

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    The same draws saw a total of 41 lucky winners sharing the second prize of 200,000 Dirhams (Rs 44,53,447)  each winning 4,878 Dirhams (Rs 1,08,619) another 1,379 winners matching three out of five numbers and receiving 250 Dirhams (Rs 5,566) each.

    How to participate in Mahzooz draw?

    To participate in the draw, people have to buy a bottle of water for 35 Dirhams (Rs 779) and receive a ticket with it.

    People can participate by registering at Mahzooz’s official website.

    Those who match six numbers will share a cash prize of not less than Dirhams 50 million (Rs 1,11,40,53,028). Winners who match five numbers will be able to claim a stake of Dirhams one million (Rs 2,22,81,060), which may increase depending on the number of players present.

    People who match four numbers will get a cash prize of Dirhams 1000 (Rs 22,280) and players who match three numbers will get Dirhams 35 (Rs 779) or play free.

    Participants have to match seven numbers to win the grand prize of Dirhams 100 million (Rs 2,22,80,51,824), the biggest prize on offer in the UAE. No one has won the first prize yet.



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    #Indian #oil #gas #supervisor #Qatar #wins #latest #Mahzooz #draw

    ( With inputs from www.siasat.com )

  • Nordic Naturals Children’s DHA | Strawberry Flavour |119 ml | for Kids 530 mg Omega 3 DHA Fish Oil with EPA from Arctic Cod | For Healthy Brain Development & Immune Function | Non-GMO

    Nordic Naturals Children’s DHA | Strawberry Flavour |119 ml | for Kids 530 mg Omega 3 DHA Fish Oil with EPA from Arctic Cod | For Healthy Brain Development & Immune Function | Non-GMO

    41T jDJvAnL51IDFllIw7L51coOwven1L
    Price: [price_with_discount]
    (as of [price_update_date] – Details)

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    From the brand

    Nordic Naturals Brand StoryNordic Naturals Brand Story

    Nordic Natural logoNordic Natural logo

    From our first day in business in 1995, Nordic Naturals has been committed to doing whatever it takes to offer high-quality supplements to people wanting to live a healthy life.

    From our early success selling fish oil to healthcare practitioners, our brand has grown to offer a broad range of nutrients to families, athletes, patients, and even pets.

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    Shop All Products

    The Nordic PromiseThe Nordic Promise

    Pure Omega 3Pure Omega 3

    Is Discontinued By Manufacturer ‏ : ‎ No
    Product Dimensions ‏ : ‎ 4.78 x 4.78 x 11.58 cm; 213.19 Grams
    Date First Available ‏ : ‎ 14 December 2016
    Manufacturer ‏ : ‎ Nordic Naturals
    ASIN ‏ : ‎ B000PSX1SA
    Item model number ‏ : ‎ 56780
    Country of Origin ‏ : ‎ USA
    Manufacturer ‏ : ‎ Nordic Naturals, Nordic Naturals Headquarters 111 Jennings Drive Watsonville, CA 95076
    Packer ‏ : ‎ Nordic Naturals
    Importer ‏ : ‎ Infinite Online Shopping Pvt. Ltd. Gala -48,4th floor, Lakshmi Industrial Estate Shankar Rao Naram Path, Lower Parel West, Mumbai MAHARASHTRA – 400013
    Item Weight ‏ : ‎ 213 g
    Item Dimensions LxWxH ‏ : ‎ 48 x 48 x 116 Millimeters
    Net Quantity ‏ : ‎ 119 millilitre
    Generic Name ‏ : ‎ Dietary Supplements

    Safe & Reliable- This liquid fish oil is made from 100% wild Arctic cod. Purified fish oil is the safest and most reliable source of omega-3 DHA, and estimately only 1% of kids get fish oil regularly.
    Better Absorption, Better Taste – All Nordic Naturals fish oils are in the triglyceride form (the form naturally found in fish) for optimal absorption. Children’s DHA has a great strawberry taste.
    Our supplements are third-party tested, surpassing the strictest international standards for purity & freshness. This product is non-GMO, gluten & dairy free, with no artificial colors or flavors.
    We have always been at the forefront of sustainable & ethical practices in the natural products industry. Through science & innovation, we are committed to delivering safe, effective nutrients.

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    #Nordic #Naturals #Childrens #DHA #Strawberry #Flavour #Kids #Omega #DHA #Fish #Oil #EPA #Arctic #Cod #Healthy #Brain #Development #Immune #Function #NonGMO

  • Explosion Near Indian Oil Fuel Station In JK

    Explosion Near Indian Oil Fuel Station In JK

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    SRINAGAR: A mysterious blast at a fuel station in Narwal area of Jammu district on Tuesday created panic among locals with police saying the blast took place due to short circuit.

    Quoting an official, KNO reported that window panes of office of fuel station were also damaged due to the blast.

    Soon after the blast, a police team reached to the spot to ascertain the facts.

    SDPO East Jammu, Syed Zaheer Abbas Jafari said that they visited the spot and prima facie it seems the blast has occurred due to some short circuit.

    He said that police have evacuated a nearby building and are ascertaining further details.

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    #Explosion #Indian #Oil #Fuel #Station

    ( With inputs from : kashmirlife.net )

  • LPG Cylinder Price Today: Oil Marketing Companies Revise LPG Gas Cylinders price- Check New Rates Here – Kashmir News

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    LPG Cylinder Price Today: Oil Marketing Companies Revise LPG Gas Cylinders price- Check New Rates Here

    The government has slashed the prices of 19 kg commercial LPG cylinders with effect from May 1. After the recent revision, the cost of a commercial LPG cylinder has gone down by Rs 171.50. A 19 kg LPG cylinder will be available at a cost of Rs 1,856.50 in Delhi from today.

    Cost of 19 kg commercial cylinder in Mumbai is Rs 1,808.50 whereas it costs Rs 1,960.50 in Kolkata. A 19 kg LPG cylinder sells for Rs 2,021.50 in Chennai with effect from today. Prior to this revision, a 19 kg LPG cylinder cost Rs 2,028 in Delhi, Rs 2,132 in Kolkata, Rs 1,980 in Mumbai, and Rs 2,192.50 in Chennai respectively, as per Indian Oil Corporation (IOC).

    Cost of 19 kg commercial cylinder in Mumbai is Rs 1,808.50 whereas it costs Rs 1,960.50 in Kolkata. A 19 kg LPG cylinder sells for Rs 2,021.50 in Chennai with effect from today.

    Petroleum and oil marketing companies had on March 1 this year hiked the prices of commercial LPG cylinders by 350.50 per unit and domestic LPG cylinders by 50 per unit.

    The prices of the commercial cylinders were reduced the last time in September 1 last year by 91.50. On August 1, 2022, too, the prices of commercial LPG cylinders were reduced by 36. Prior to that, on July 6, rates for the 19-kilogram commercial cylinder were cut by 8.5 per unit.

    CLICK ON THE BELOW PROVIDED LINKS TO FOLLOW KASHMIR NEWS ON: 


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    #LPG #Cylinder #Price #Today #Oil #Marketing #Companies #Revise #LPG #Gas #Cylinders #price #Check #Rates #Kashmir #News

    ( With inputs from : kashmirnews.in )

  • Hyderabad: Five arrested for selling Hashish oil

    Hyderabad: Five arrested for selling Hashish oil

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    Hyderabad: The sleuths of the Hyderabad Narcotic Enforcement Wing (H-NEW) along with Saidabad police arrested five drug peddlers here on Saturday.

    According to the police, the five accused – Gemmeli Bandu, Kapu Chander Rao both hailing from Andhra Pradesh, Santhosh Reddy from Hyderabad, Naeni Sai Bharath from Amberpet and Hariteja from R K Puram were caught red-handed selling 2.5 litres of Hashish Oil.

    The drug was being sold to E. Santosh Reddy, a notorious drug peddler with as many as five NDPS (Narcotic Drugs and Psychotropic Substances Act) cases registered against him.

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    Police said that Santosh Reddy developed contacts with manufacturers and suppliers of Hashish Oil in the Visakha Agency area in Andhra Pradesh.

    He purchased Hashish Oil at the price of Rs 80,000/ per litre and sold it for Rs. 2000/- per 5 ml of a bottle. Reddy sold around 200 such bottles to Bharath and Hariteja

    Police said that consumers are mostly doctors, medical students and IT professionals.

    Apart from the Hashish Oil, 5 cell phones and 1 Swift car were seized. A case has been registered.

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    #Hyderabad #arrested #selling #Hashish #oil

    ( With inputs from www.siasat.com )

  • Oil and gas critics escalate their gripes against Biden

    Oil and gas critics escalate their gripes against Biden

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    The unhappiness among advocates could point to trouble in 2024, sapping the enthusiasm Biden will need from his party’s base to win reelection, people following the policy debate warn. He also faces a risk that his accomplishments — including signing the nation’s biggest-ever climate law — will have to compete for attention with criticism of administration moves that bolster fossil fuels.

    “What I’m calling pragmatism is still a great source of disappointment to the progressive wing of the Democratic Party,” said David Goldwyn, who led the energy office in Obama’s State Department and is now president of the energy consulting firm Goldwyn Global Strategies.

    That “pragmatism” won’t win over voters who see climate change as an emergency demanding a sharp turn away from fossil fuels, green activists say.

    “President Biden will not win this election by reaching for conservative votes,” said Varshini Prakash, executive director of the youth-led environmental group Sunrise Movement, which has alternately cheered and panned Biden’s moves on climate change. In a statement, she said the administration’s recent moves are “steps backward” that will discourage people who supported him in 2020.

    “If you continue to do fossil fuels, isn’t that just another form of climate denialism?” asked Jean Su, energy justice director and senior attorney with the environmental group Center for Biological Diversity.

    In response, the administration noted that Biden last month banned new oil and gas leases in the entire U.S. portion of the Arctic Ocean, and is preparing to close off 13 million acres of land and water in Alaska from fossil fuel development. It contends that any of its fossil fuel moves were either mandated by Congress — such as a March sale of offshore oil and gas leases in the Gulf of Mexico — or a legal calculation on matters left over from the Trump administration.

    “President Biden has been delivering on the most ambitious climate agenda ever with the support of labor groups, environmental justice and climate leaders, youth advocates, and more,” White House spokesperson Abdullah Hasan said in a statement Friday.

    A majority of the climate movement has praised Biden — and many of its leaders joined the president at an April 21 Rose Garden event where he announced new steps to block pollution in poor or minority communities, Hasan noted. Yet the administration has nonetheless tried to soothe the anxieties of the Democratic base’s most fervent climate backers.

    In a recent New Yorker article, White House climate adviser John Podesta urged climate supporters to have some “perspective” about the Interior Department’s decision last month to greenlight a ConocoPhillips oil drilling project in Willow, Alaska. The department has said it approved the project reluctantly to avoid what would have probably been an unsuccessful court fight with Conoco.

    “I’m not trying to minimize, but it’s less than one per cent of the emission reductions that come from the” climate law, Podesta said. “I think the opponents have overstated the climate effect.”

    For Biden, as for Obama, efforts to reduce greenhouse gas pollution have had to coexist with the politics of energy prices and the United States’ newfound role as a major oil and gas producer.

    Both presidents unleashed huge amounts of oil from the nation’s strategic reserves to respond to disruptions of the oil markets — although Biden did it on a much larger scale. Obama’s early moves to send more U.S. gas overseas have also turned into a mighty geopolitical weapon for Biden, who is using fossil fuel exports to blunt Vladimir Putin’s influence over Europe.

    Of course, Biden has accomplished something Obama never did — signing a major climate bill, last year’s Inflation Reduction Act, with its $369 billion in incentives designed to move the nation’s power supply, vehicles and other carbon sources away from fossil fuels. That’s far larger than the $90 billion in clean energy spending from Obama’s 2009 stimulus, which is widely credited with bringing down the costs of wind and solar power.

    The Biden administration has followed up with regulations designed to push gasoline-powered cars and trucks out of the market and an upcoming proposal to clamp down on power plants’ greenhouse gas pollution. (Obama’s attempt to do the latter was eventually rejected by the Supreme Court.) The president is taking abundant flak for those efforts from Republicans, whose attacks on Biden’s energy policies are a centerpiece of their 2024 messaging.

    But the administration’s recent actions advancing fossil fuels contradict those efforts, in the view of some irritated Democratic constituencies. Approval of Biden’s environmental performance has slipped among Democrats, independents and younger voters since October 2022, according to the polling firm Data for Progress and the group Fossil Free Media, which opposes fossil fuel advertising and messaging.

    Democrats’ approval of Biden’s environmental policies fell to 69 percent in March, down from 82 percent in October, while 30 percent of independents approved versus 37 percent in March, the poll found. Biden’s environmental favorables plummeted with voters ages 18 to 29 over that period, from 48 percent to 35 percent. That period covered the approval of the Willow oil project.

    On the other hand, the Willow decision is popular with much of the American public, according to separate polls showing that roughly half support the project. A YouGov poll found 55 percent of U.S. adults backed it, while approval hit 48 percent in a Morning Consult poll — with 25 percent having no opinion.

    As a candidate in 2020, Biden promised to shift the U.S. off fossil fuels, pledging, “I guarantee you. We’re going to end fossil fuel,” though he later cautioned this would happen “over time.”

    But Putin’s invasion of Ukraine in February 2022 jostled the administration’s energy rhetoric and view of natural gas, according to industry officials. European allies wanted to ditch their reliance on Russian gas, and the Biden administration helped by promoting an export surge that led to U.S. companies providing half of Europe’s liquefied natural gas last year.

    Fossil fuels have also gotten a boost from some of the administration’s domestic actions. Earlier this month, Energy Secretary Jennifer Granholm endorsed the energy security benefits of a nearly completed natural gas pipeline championed by Senate Energy Chair Joe Manchin (D-W.Va.) — a project Biden’s green allies fiercely oppose. In an April Senate hearing, Biden’s pick for chief economist, Jared Bernstein, boasted that the administration had permitted more oil and gas wells in its first two years than former President Donald Trump.

    Even if they disapprove of Biden’s recent fossil fuel moves, his most ardent green allies contend that the president has focused on the right things to reduce the United States’ climate impact: new car and truck pollution standards, upcoming power plant rules and his vow to defend the IRA from the cuts Republicans are demanding.

    “Those are the big key issues here, and how they navigate the politics on that is very important,” said Jamal Raad, co-founder and senior adviser for the environmental group Evergreen Action.

    “If you sum the effort on balance, it moves very much in the direction of emissions reduction,” Sen. Sheldon Whitehouse (D-R.I.) told reporters.

    Obama’s efforts to pass his own climate bill failed during his first term, and his most aggressive climate actions didn’t emerge until late in his second term. Those included his 2015 decision to reject Keystone — a pipeline Biden had to kill a second time after Trump tried to revive it — and a carbon rule for power plants that the Supreme Court rejected last year.

    Obama also played a major role in reaching the Paris climate agreement, in which the U.S. joined every other nation on Earth in pledging to address climate change.

    But Obama had something Biden doesn’t have: more time on the Earth’s climate clock. The additional six years of greenhouse gas pollution since Obama left office means that the world is closer to exceeding the amount of global warming that would usher in catastrophic consequences.

    So any nod toward fossil fuel use at home or abroad is a step in the wrong direction, activists say.

    “Joe Biden is tacking to the right on a number of issues — climate included,” said Lukas Ross, a program manager with environmental group Friends of the Earth. “I can guarantee the climate doesn’t care where U.S. fossil fuels are combusted. That’s the worry here.”

    The administration has insisted its actions are consistent with its climate goals, noting it wants to cut greenhouse gas pollution in half by 2030, and that technologies aimed at limiting fossil fuels’ warming effects — such as capturing power plants’ carbon output — remain options.

    Mindful of the climate implications, the Biden administration has called gas a diplomatic tool while cautioning that new infrastructure must not squander the nation’s climate goals. It also has pushed regulations, originally initiated under Obama but strengthened by Biden, to limit pollution by heat-trapping methane from oil and gas production.

    In addition, the administration is discussing a system to assure European and other buyers that U.S. gas is clean enough to maintain national climate pledges. And the Energy Department is starting to assess whether its approvals of gas export projects are jeopardizing the nation’s goals for cutting carbon pollution.

    But Biden’s efforts are still complicated by the United States’ role as one of the world’s top oil and gas producers, a status it achieved during the Obama years thanks to the fracking boom.

    The president and his advisers “haven’t quite figured out how you resolve the perceived tension between the U.S. being increasingly an exporter of [gas] — like, the major exporter — and that being important for allies and the global economy with their long-term climate agenda,” said Joseph Majkut, director of the energy security and climate change program at the think tank Center for Strategic and International Studies.

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    ( With inputs from : www.politico.com )

  • Ravneet Gill’s recipe for mini courgette and olive oil cakes with lime frosting | The sweet spot

    Ravneet Gill’s recipe for mini courgette and olive oil cakes with lime frosting | The sweet spot

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    Don’t be perturbed by the savoury ingredient in these cakes, because it is truly magical: the courgettes release all of their water, leaving a very moist, spongy cupcake. I recommend baking them in heavily buttered muffin tins or silicone moulds; baker Julia Aden recently recommended putting a round piece of greaseproof paper in the base of each mould to help remove small cakes, and it works a treat.

    Mini courgette and olive oil cakes with lime frosting

    Prep 15 min
    Cook 30 min
    Make 12

    Butter, for greasing
    200g golden caster sugar
    175g plain flour
    15g baking powder
    A pinch of salt
    Zest of 1
    lemon
    3 eggs
    , beaten
    110ml olive oil
    300g courgettes
    , coarsely grated

    For the lime cream cheese frosting
    160g cream cheese
    80g icing sugar
    Zest and juice of 1 lime
    , plus extra zest to garnish

    Heat the oven to 180C (160C fan)/350F/gas 4 and liberally grease a 12-hole muffin tin with butter.

    Mix all the dry ingredients in a large bowl. In a separate bowl, mix the wet ingredients, apart from the courgettes. Add the wet mix to the dry, stir to combine, then fold the grated courgettes through the batter.

    Pour the mix into the muffin tray, and bake for 25-30 minutes, until golden and cooked through. Leave to cool, then carefully remove the cakes from the tin.

    To make the icing, beat all the ingredients in a medium bowl until combined, then pipe or spoon on top of each cake. Garnish with extra lime zest, then serve.



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    ( With inputs from : www.theguardian.com )

  • Get out of Russia while you still can, ex-oligarch warns Western energy giants

    Get out of Russia while you still can, ex-oligarch warns Western energy giants

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    A new law that allows Russia to seize foreign-owned energy assets should be a final warning to Western firms to cut their losses and leave the market for good, one of the country’s most prominent exiled businessmen has cautioned.

    “There are no guarantees for the safety of investments anywhere, but Vladimir Putin’s regime has demonstratively built an illegitimate and lawless state,” former oil and gas magnate Mikhail Khodorkovsky told POLITICO.

    “The withdrawal of assets should have started a very long time ago, even before the war. And on February 24, 2022, the decision should certainly have been made,” he said.

    Last Tuesday, Putin signed a decree that allows the government to take control of assets owned by foreign firms and individuals from “unfriendly nations” — a long list of apparently hostile governments that includes the U.S., the U.K., the entirety of the EU and all G7 member countries.

    Ventures owned by Germany’s Uniper and Finland’s Fortum energy companies were the first to be targeted. While Kremlin spokesperson Dmitry Peskov claimed that Moscow was only assuming “temporary” control of their day-to-day management, he argued that it would help create a pool of assets that Moscow could expropriate in retaliation for Russian property sequestered by European governments.

    German oil and gas company Wintershall, meanwhile, has warned that while it intends to divest its shares in Siberian oil and gas production, rules requiring Kremlin approval mean getting its funds out will be “difficult.”

    “Everything can happen in Russia these days in terms of direct interference with our rights to our assets,” CEO Mario Mehren explained at a press conference this week.

    A number of Western energy firms have already announced their complete departure from Russia in the wake of the invasion of Ukraine, including Norway’s Equinor and U.S. oil and gas giant Exxon Mobil. Others, including Shell, BP, TotalEnergies and Wintershall have announced their intent to fully or partially divest, but the terms of their exits are still being worked out.

    While Khodorkovsky, who fled the country a decade ago, admitted that European firms might now find it “psychologically difficult” to accept making losses on their investments in major fossil fuel projects, he believes that as time goes on “foreign assets in Russia will continue to fall in price and the risk of their confiscation will increase.”

    “Now the risks have become so high that they are no longer covered by profits from any legitimate activity,” he said.

    As the founder of Siberian oil and gas conglomerate Yukos, Khodorkovsky was once believed to be Russia’s wealthiest man, having snapped up former state energy assets for a fraction of their worth after the fall of the Soviet Union. However, having emerged as a key political opponent to Putin, Khodorkovsky’s company was hit with a series of fraud charges, its assets were expropriated and he was imprisoned for almost eight years.

    “That the Kremlin was not punished for this allowed Putin to conclude that this is an acceptable practice,” Khodorkovsky added, “and that the West is weak and ready to accept any lawlessness if he, Putin, is strong enough.”

    Now, he is calling for Russian state assets to be confiscated as compensation for both the damage wrought on Ukraine and to pay back foreign investors.

    “This will be fair, but the owners of private assets should be given the right to defend their innocence in court,” the exiled former oligarch said.



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    #Russia #exoligarch #warns #Western #energy #giants
    ( With inputs from : www.politico.eu )