Lithuania restricts access to electricity from Belarus to the Baltic market

The Lithuanian operator of the electricity transmission system Litgrid unilaterally from Wednesday limited the maximum technical capacity of the power grids between Lithuania and Belarus in order to reduce the flow of electricity from BelNPP to the Baltic market, Sputnik Lithuania reports.

As the newspaper writes, on Monday it became known that the Lithuanian State Energy Regulatory Council (VERT) approved new rules for the transmission capacity of electricity from Belarus to the Baltic republic.

It was noted that the change in the technical capacity of the connections guarantees that the power transmission lines (PTL) of Lithuania “will not be used for trade-in electricity produced in Belarus” at the BelNPP. According to Sputnik, Vilnius already restricted electricity imports from Belarus last year, halting direct commercial flows of electricity through the Lithuanian-Belarusian section on November 3, when the BelNPP began generating electricity. However, until July 12, when the first unit of the nuclear power plant was temporarily disconnected from the power system, electricity produced in Belarus was still supplied to the Baltic market. According to Litgrid, the new methodology will limit these possibilities.

“On Wednesday, the first day of the new methodology application, a maximum transmission capacity of 262 megawatts of electricity from Belarus to Lithuania was set. Lithuania of electricity produced in Ostrovets. According to the new methodology, the throughput will be calculated every day to ensure the stable and reliable operation of the electricity system “, – quotes the agency as quoted by Litgrid CEO Rokas Masiulis.

According to Masiulis, depending on the maximum transmission capacity of electricity from Belarus to Lithuania, commercial or other net transmission capacities from Russia to Latvia will also be determined.

Lithuania has always been the main opponent of the BelNPP construction. The authorities of the republic have criticized the future Belarusian power plant almost from the moment Minsk made a decision to build it and are initiating a ban on the import of Belarusian electricity to the EU. The country’s parliament had previously ruled that the power plant posed a threat to its national security.

BelNPP is the largest Russian-Belarusian economic project; the general contractor for its construction is Atomstroyexport (part of Rosatom). For BelNPP, a Russian NPP design with VVER-1200 generation 3+ reactors was selected, which meets the highest international reliability and safety requirements. In early June, the Belarusian NPP was issued a license to operate the first power unit. On June 10, the Ministry of Energy of Belarus announced that the acceptance committee chaired by Deputy Prime Minister Yuri Nazarov signed an act of acceptance into operation of the start-up complex of the first unit of the BelNPP. Commissioning of the second power unit is scheduled for 2022.

MEP from Poland complained of deception over Nord Stream 2

Polish MEP Jacek Sariusz-Wolski said that the country’s residents were allegedly deceived by German Chancellor Angela Merkel for the sake of implementing the Nord Stream 2 project.

In an interview with Gazeta Polska Codziennie, he said that he was personally offended by Berlin’s decision to complete the pipeline.

Sariusz-Wolski was also outraged by the fact that German policy towards Russia was not coordinated with Poland.

Warsaw was initially skeptical about Nord Stream 2; some Polish politicians still call the project political and call for it to be closed. Moscow and Berlin have repeatedly stressed that the gas pipeline was built exclusively for commercial interests, and that it is beneficial to both Russia and the European Union.

The construction of Nord Stream 2 has now been completed, but before its launch it is necessary to complete a number of technical and legal measures.

The United States named three “obstacles” to the launch of Nord Stream 2

Columnist America Hernandez in an article for Politico stated that there are three “obstacles” to the launch of Nord Stream 2.

The author of the material noted that the construction of the pipeline has already been completed, but its operator will have to carry out technical work, which, in her opinion, may take up to three months.

“Now it is necessary to clean the offshore sections of the pipeline, and then check for leaks and other potential problems,” Hernandez wrote.

The publicist clarified that Nord Stream 2 must obtain a safety certificate from an independent organization recognized by the international community.

In an interview with the publication, Republican Senator James Risch said that any foreign company that will participate in the inspection of the pipeline will come under US sanctions.

“The administration knows (USA. – Ed.) That this is so, and it must take drastic measures before it is too late,” Risch said.

Hernandez concluded that the German Federal Network Agency (BNA) will have to confirm that the pipeline meets the requirements of the European Union.

The observer also emphasized that the German regulator may issue a temporary permit if it considers that high gas prices and low reserves in storage facilities threaten Germany’s energy security ahead of winter.

Nord Stream 2 is a gas pipeline from Russia to Germany with a capacity of 55 billion cubic meters per year. The last pipe of the second string was sunk to the bottom of the Baltic Sea last week. According to the chairman of Gazprom, Alexei Miller, the company will start the fuel through the pipeline already this heating season.

Crude oil from China’s state reserves to go on sale for the first time

The People’s Republic of China intends to auction the state reserves of black gold.

Crude oil from state reserves will be put up for sale at open auctions for the first time. We are talking about Chinese trading platforms. This became known from the message of the state administration of the food and material reserves of the PRC.

“The State Administration of Food and Material Reserves of the PRC will release state reserves of crude oil on the market for the first time,” the Prime agency quoted the statement as saying.

The release of raw materials on the market is carried out with the aim of “relieving pressure on production enterprises” against the backdrop of rising oil prices. Several stages are expected as part of the placement. The purchasers of crude oil from state reserves will be local refineries.

Reuters previously reported that traders are using COVID-19 to drive down the price of black gold. Experts noted that the strengthening of restrictions in the PRC and developed countries could slow down the global recovery.

The Ministry of Natural Resources said that oil reserves decreased by one third in 10 years

Ministry of Natural Resources: crude oil reserves in Russia decreased by a third over the past ten years

Crude oil reserves in Russia in the period from 2010 to 2020 fell by almost a third, gas – by 27 percent, while the amount of coal in storage during this time remained practically unchanged, according to the draft report of the Ministry of Natural Resources on the state and protection of the environment for 2020 year.

In the first half of the decade, oil reserves varied in the range of about 30 billion tons, then – already about 20 billion. At the same time, compared to 2019, volumes increased by 2.1 percent.

The amount of gas was also kept at 70 trillion cubic meters until 2015, and from the next year it dropped to about 50 trillion and in 2020 amounted to 49.2 trillion. This is 0.2 percent more than in 2019 and 27.4 percent less than in 2010.

Finally, coal reserves for the specified period were at the turn of 275 billion tons – exactly this was the figure for last year. At the same time, noticeable dynamics were recorded in 2019: first, a sharp increase to 375.5 billion, then a decline of 26.8 percent. In relation to 2010, the growth was seven tenths of a percent.

“Bravo!” The Germans are delighted with the completion of the construction of the “Nord Stream – 2”

Die Welt Readers Rejoiced At The Completion Of Nord Stream 2

Readers of the German newspaper Die Welt commented on the news of the completion of the Nord Stream 2 gas pipeline. Many noted that the project was able to be implemented despite all the difficulties and opposition from many countries.

“Excellent! I hope the investment pays off,” wrote a user with the nickname Guntram S.

“Good news for German industry and German consumers. In this situation, the interests of Germany were finally realized, despite massive resistance from the United States, Ukraine, Poland, and the Baltic countries,” said Rainer S.

“It’s good that even Annalena (Berbock, a representative of the German Green Party, – Ed.) Will no longer be able to prevent this,” noted FireFly.

“Despite all the political squabbles, the time delay turned out to be significantly less than that of flights at Berlin airport,” Sülpner Karl mocked.

“A few weeks ago there was a tense situation! Thanks to those who continued to work despite the” strong headwind “. Bravo!”, – summed up the readers.

Earlier, Gazprom said that on Friday morning the construction of the Nord Stream 2 gas pipeline was fully completed. The highway was laid from Russia to Germany along the bottom of the Baltic Sea. The capacity of its two lines is 55 billion cubic meters per year. The implementation took three years.

Ukraine was actively opposed, which fears losing transit revenues, as well as the United States, which is interested in promoting its LNG to Europe. Germany and Austria rendered active support.

Washington has several times imposed sanctions against companies involved in the construction. As a result, Russia had to finish building the pipeline without foreign partners.

The launch of the civilian mission SpaceX Inspiration4 postponed for a day

SpaceX’s first fully civilian mission, Inspiration4, will launch at least a day later than originally planned. The three-day mission will go into orbit from NASA Kennedy Space Center at Cape Canaveral no earlier than 3:00 am on September 16 due to a combination of weather conditions and technical requirements.

Inspiration4 is a private mission to Earth orbit funded by the billionaire founder of digital payments company Shift4 Payments, Jared Isaacman. He will be joined on the flight by Hayley Arceneaux, Sian Proctor, and Chris Sembroski.

Mission leaders met on Thursday, September 9 to conduct a routine pre-launch flight readiness check as well as preliminary weather information. The decision to postpone the flight was made after studying the weather conditions at the launch site, in the take-off and landing zone, as well as the readiness of the Falcon 9 rocket, the Dragon spacecraft, ground systems, and other key elements of the SpaceX flight control system.

The postponement of the launch to a new date will reportedly provide additional time for final preparation, equipment validation, and data analysis. Mission guidance will narrow the launch window to five hours approximately three days prior to the mission launch.

The Inspiration4 info indicates that there is more work to be done on the Crew Dragon spacecraft, which is still a fairly new vehicle. Its first flight with a crew took place in 2020.

Used by the Crew Dragon under the name Resilience, it has previously flown to the ISS. This time it will fly higher and then land in the Pacific Ocean. The civilian crew underwent six months of training following the announcement of its composition in March this year.

Wasserman explained the threat to the United States of the completed construction of “SP-2”

During her farewell visit to the United States, German Chancellor Angela Merkel declared her interest in SP-2 so sharply that US President Joe Biden realized this, even “despite Alzheimer’s disease.” This assumption was shared in an interview with FAN by publicist, journalist, TV presenter, political consultant Anatoly Wasserman.

The expert commented on the news about the complete completion of the construction of the Nord Stream 2 gas pipeline. According to him, this event is of key importance for Germany.

“The more gas pipelines are laid from the Russian Federation to Western Europe, the more actively the German industry can work. This, among other things, is the strongest threat to the United States of America (United States of America. – Approx. FAN). Moreover, this is not a threat in the sense that Germany itself is competing with the United States in some kind of production. The threat is much more serious, ”the publicist said.

Anatoly Wasserman told what exactly is so much feared in Washington. According to him, the possible changes are indeed unprecedented.

“The United States over the past four decades has moved a significant portion of its manufacturing to regions with cheap labor, primarily China. These regions pay huge royalties for the right to manufacture goods developed in the United States. The USA gets these goods practically free of charge. Washington fears that Chinese factories will switch to European design bureaus. Then the EU will receive goods practically free of charge, ”the FAN interlocutor explained.

From the moment the Americans began to move their industries abroad, the main goal for them was the destruction of European industries, he added.

In conclusion, Anatoly Wasserman shared his suggestion of exactly how the recent visit of the German Chancellor to the United States might have gone.

“During her farewell visit to the United States of America, Angela Merkel explained to Biden that the Germans would die with bones, even leave NATO, but they would not shut down Nord Stream 2. ˂… ˃ The very behavior of Biden after this visit shows that something similar was said to him, and in such a tone that even his Alzheimer understood, ”summed up the political consultant.

Earlier, the official representative of the Ministry of Foreign Affairs of the Russian Federation, Maria Zakharova, commented on the news about the completion of the construction of the SP-2. She noted that it is impossible to stop the gas pipeline, and urged opponents to stop obstructing it.

Mercedes-Benz may complete the production of sedans and station wagons

The decision of the auto concern Daimler to smoothly transfer its entire model line to electric traction promises that in the future the company may stop producing sedans and station wagons. In addition to this, consumer preferences are gradually changing.

At the current IAA Mobility show in Munich, Mercedes-Benz CEO Markus Schaefer told Autocar that the station wagon market is shrinking even in Europe, where this body type has traditionally been highly valued. Consumers are increasingly choosing crossovers and SUVs.

Therefore, the German company does not plan to invest large amounts of funds in the electrification of station wagons, as well as convertibles. The automaker will focus on investing only in commercially successful vehicles.

Earlier, the chief designer of the concern Gorden Wagener told Top Gear that electrification will also condemn traditional sedans because it is not possible to make a vehicle with a classic body both aerodynamically efficient and at the same time attractive in terms of design.

For these reasons, it is highly likely that future Mercedes-Benz passenger cars will combine sedan and hatchback features.

The United States has chosen a new path of pressure on cryptocurrency

The US Securities and Exchange Commission (SEC) has threatened the largest American crypto exchange Coinbase with a lawsuit. The announcement comes after the company announced the launch of the Lend lending service, Reuters reports. The regulator intends to put pressure on the company, believing that the project is aimed at the illegal circulation of securities.

The SEC sent an official notice to the exchange, where it announced its intention. Lawyer Paul Grewal said the company would postpone the launch of its Lend product until at least October. Coinbase chief Brian Armstrong said on his Twitter account that the SEC asked the company to provide additional documentation and employee testimonies after the firm notified the commission about the launch of the service.

The new Coinbase program will allow USD Coin cryptocurrency holders to lend to other exchange participants and receive up to four percent profit per year. USD Coin is a stable currency pegged to the dollar at a 1: 1 ratio. Borrowers will be found by the service itself. According to Armstrong, the regulator regarded the loans as unregistered securities. The SEC declined to explain on what grounds it made such a decision.

“They [the SEC] refuse to offer the industry any written opinion on what should be allowed and why, and instead resort to intimidation tactics behind closed doors,” he said. The head of the company expressed the hope that if the trial takes place, then the SEC’s requirements for the crypto market will become clearer. At the same time, Armstrong condemned such methods of regulating the sector. The businessman stressed that the department had chosen too harsh measures and should resort to legal action only as a last resort.

Programs in which holders of cryptocurrencies can lend them in exchange for interest are gaining popularity around the world. Regulatory authorities in some countries, primarily the United States, have begun to express concern about the lack of control of these processes by current legislation. Authorities say new products must comply with existing securities laws. For example, in July, the US state of New Jersey ordered the BlockFi cryptocurrency platform to stop offering interest-bearing accounts, which allowed the company to raise $ 14.7 billion in investment.

In early September, the US government also announced the introduction of a tax on cryptocurrency transactions, causing discontent among market participants. Traders fear that the new rules will restrict freedom of trade in an industry that is considered to be its main strength.

Pushkov advised the United States “not to try to interfere everywhere”

Senator Pushkov: the United States has nothing to do with Nord Stream 2

Russian Senator Alexei Pushkov in his Telegram channel said that the United States is once again expressing dissatisfaction over the Nord Stream 2 project and intends to oppose it.

However, the politician noted that Washington has nothing to do with the project and cannot decide whether this deal is bad or not. “After Afghanistan, one should understand that one should not try to interfere everywhere and crush everything under oneself,” advised Pushkov.

He recalled that the United States tried to prevent Turkey from buying the S-400 systems from Russia, also considering it a bad deal. “It is known how it ended – Turkey has not abandoned the systems,” the senator recalled, noting that there are other cases that show that pressure from Washington is no longer a reason for other countries to act contrary to their interests.

Earlier, the US State Department said that the US authorities still consider the Nord Stream 2 gas pipeline project a bad deal and will oppose it. According to Jalina Porter, deputy head of the State Department’s press service, the United States has spoken about this before and will continue to talk about it again.

The construction of both strings of the gas pipeline was completed on Friday morning, September 10. This was announced at 8:45 Moscow time by the head of Gazprom, Alexei Miller. To start deliveries, commissioning and certification of the pipeline should be carried out.

The operator of “Nord stream-2” warned about the punishment for gas supplies

Nord Stream 2 AG will be punished at the start of supplies on the “Nord Stream-2” without a certificate

Nord Stream 2 AG, which is responsible for the construction and operation of the Nord Stream 2 gas pipeline, faces penalties if gas supplies begin before it is certified as an independent operator. This was reported by RIA Novosti with reference to the German Federal Network Agency (BNA).

The representative of the regulator warned that if the requirement to separate the transport network operator and the gas supplier (unbundling) is not met at the time of commissioning, then there is an administrative offense.

Apparently, we are talking about gas supplies in volumes exceeding half of the pipeline’s capacity. The updated European Union (EU) gas directive requires that, when there is a link between the supplier and the operator, 50 percent of the capacity should be reserved for independent companies. In the case of Nord Stream 2, this requirement is impracticable because Gazprom, according to Russian law, is a monopoly exporter of gas through pipelines.