LaBamba Posted November 19, 2014 Share Posted November 19, 2014 This might back off investors initially but there is no way in hell Russia will be able to supply the majority of natural gas to China. I have worked in Russia, the reason why I worked in Russia was because of their lack of technical knowledge in drilling, completions and upstream. They litterally have no nationals with the knowledge to remove this gas from the ground. The wells in Russia are extremely deep and geologically complex. With the lack of home grown man power they will need expats. To get expats to Russia it cost a lot of money. I personally would not go back without a pile of money. It's a frozen freaken hell hole. There delivery costs will not balance that Chinese agreement. Russia just signed a death sentence. Link to comment Share on other sites More sharing options...
Warhippy Posted November 19, 2014 Share Posted November 19, 2014 This might back off investors initially but there is no way in hell Russia will be able to supply the majority of natural gas to China. I have worked in Russia, the reason why I worked in Russia was because of their lack of technical knowledge in drilling, completions and upstream. They litterally have no nationals with the knowledge to remove this gas from the ground. The wells in Russia are extremely deep and geologically complex. With the lack of home grown man power they will need expats. To get expats to Russia it cost a lot of money. I personally would not go back without a pile of money. It's a frozen freaken hell hole. There delivery costs will not balance that Chinese agreement. Russia just signed a death sentence. The thing is though that Russia will also be supplying Japan via Vladivostock, they are planning to bring in Australian and Japanese as well as Chinese experts to help build this. It gets done and with Chinese and cheap Russian labor it gets done fast and cheap Link to comment Share on other sites More sharing options...
Violator Posted November 19, 2014 Share Posted November 19, 2014 This might back off investors initially but there is no way in hell Russia will be able to supply the majority of natural gas to China. I have worked in Russia, the reason why I worked in Russia was because of their lack of technical knowledge in drilling, completions and upstream. They litterally have no nationals with the knowledge to remove this gas from the ground. The wells in Russia are extremely deep and geologically complex. With the lack of home grown man power they will need expats. To get expats to Russia it cost a lot of money. I personally would not go back without a pile of money. It's a frozen freaken hell hole. There delivery costs will not balance that Chinese agreement. Russia just signed a death sentence. Guy I work with his buddy is a pipefitter he's training all the guys in Russia over skype Link to comment Share on other sites More sharing options...
LaBamba Posted November 19, 2014 Share Posted November 19, 2014 The thing is though that Russia will also be supplying Japan via Vladivostock, they are planning to bring in Australian and Japanese as well as Chinese experts to help build this. It gets done and with Chinese and cheap Russian labor it gets done fast and cheap That makes it even worse, they have plenty of cheap labour that isn't the problem it's the people that organize the cheap labour. It takes a lot of technical knowledge to drill a Russian has well. They are some of the deepest in the world. A geological nightmare with extremely high formation pressures. You can't just wing it, trust me. I don't think people understand what is involved in getting the gas to these countries. The infrastructure is mind blowing. They barely got the Olympics together, and this is like 1,000,000,0000,000,000,000 x bigger. They will need a lot of help from outside of their country which will drive the cost through the roof if they can even manage to lure people over. Link to comment Share on other sites More sharing options...
aGENT Posted November 19, 2014 Share Posted November 19, 2014 Wish Canada could just be a leader in renewable energy funding and research, and slowly ditch fossil fuels. Incentive to start a Federal energy program, keep gas/oil prices low/stable for Canadians while funneling large percentage of tax revenues from it towards alternative energy infrastructure... Link to comment Share on other sites More sharing options...
Electro Rock Posted November 19, 2014 Share Posted November 19, 2014 The government put too many eggs in one basket. Can't believe Harper and Clark haven't even put any effort into growing the Canadian economy through some sort of "dual-track." Invest in our natural resources, and invest in some RND for other possible resources. You know, sort of like diversifying your investment portfolio when you're trying to manage your own money? Diversify = less risk. Too bad the government doesn't understand basic financial principles when it comes to trying to grow the economy. They inherited decades of worth of underachievement and neglect from the Liberals and PCs, as well as that this country does not have what it takes to be competitive in so many industries, too many cultural limitations for one. Link to comment Share on other sites More sharing options...
Monteeun Posted November 19, 2014 Share Posted November 19, 2014 Not worried about all this nonsense. We'll find a 2nd planet soon. I heard there is a habitable planet in the Andromeda Galaxy called gaia. Lets go... Link to comment Share on other sites More sharing options...
Violator Posted November 19, 2014 Share Posted November 19, 2014 They should just build a whole bunch of lng gas plants. To bad the nimbys and hippies decided to shut the one down in poco. Link to comment Share on other sites More sharing options...
Nuxfanabroad Posted November 19, 2014 Share Posted November 19, 2014 I heard there is a habitable planet in the Andromeda Galaxy called gaia. Lets go... Surely Richard Branson will deliver us for a price? Link to comment Share on other sites More sharing options...
Violator Posted November 23, 2014 Share Posted November 23, 2014 Exactly. Seems to be working out great for the germans http://www.spiegel.de/international/germany/german-offshore-wind-industry-goes-from-boom-to-bust-a-914158.html Link to comment Share on other sites More sharing options...
Ghostsof1915 Posted November 23, 2014 Share Posted November 23, 2014 Wind and Tidal turbines are about 120 years behind the oil and gas industries in terms of development. Give it the same amount of investment I'm pretty sure it will pay for itself. Besides Wind and Tidal power have one massive advantage. They don't run out like a well will. BC is benefitting from billions in infrastructure to provide us with cheap(ish) electricity from hydro. No coal plants etc. here. I'm curious to what Electro Rock means by cultural limitations? Just because our elected leaders don't understand science or engineering, doesn't mean we can't diversify our economy and our sources of energy. LNG pricing has been flat for over a decade. I know from sources in the BC Oil & Gas Commission they were stating this whole LNG project of Clark's is bogus. Unless we're intending to sell our LNG at a loss. Knowing Clark she's probably is selling us off cheap. Oil and Gas is going to run out. No amount of posturing is going to change that. It's a fact. The sooner we get into renewables, the better off we'll be. That's why the algae fuel is so intriguing. We can provide a replacement source of oil and other products and it reproduces itself. Link to comment Share on other sites More sharing options...
aGENT Posted November 24, 2014 Share Posted November 24, 2014 Seems to be working out great for the germans http://www.spiegel.de/international/germany/german-offshore-wind-industry-goes-from-boom-to-bust-a-914158.html Germany is so forward thinking on energy. It's like they actually plan ahead or something Link to comment Share on other sites More sharing options...
Warhippy Posted November 24, 2014 Share Posted November 24, 2014 Germany is so forward thinking on energy. It's like they actually plan ahead or something Those damned socialist countries.... Link to comment Share on other sites More sharing options...
Electro Rock Posted November 24, 2014 Share Posted November 24, 2014 I'm curious to what Electro Rock means by cultural limitations? Just because our elected leaders don't understand science or engineering, doesn't mean we can't diversify our economy and our sources of energy. I mean that Canadians as a culture just aren't competitive for many reasons in the global economic and technological context. We could spend a fortune developing high tech industries in this country, and someone else would quickly come along and do it better, ask Blackberry. Link to comment Share on other sites More sharing options...
Recommended Posts
Archived
This topic is now archived and is closed to further replies.