Paddy Blewer

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Paddy Blewer

Paddy Blewer

@Padsky

Personal a/c. Comms & reputation. Energy&capmkts. 20 yrs FSU, lots MENA. MA @warstudies. Munster/Spurs/cricket/boxing, food&booze. Husband & Dad

Sutton / City of London Katılım Nisan 2009
2.4K Takip Edilen2.5K Takipçiler
Fat Boy
Fat Boy@FatBoyNunn·
@Padsky @thinkdefence An awful lot of parachuting to not be doing any parachuting. Are you at Cobham tomorrow? Would be good to settle this airborne debate on a field in Surrey.
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Think Defence
Think Defence@thinkdefence·
Will be amusing if 82nd Airborne Division parachute into Iran just to end the endless debates on here about parachuting
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Paddy Blewer
Paddy Blewer@Padsky·
@bopanc A kremlin mouthpiece not telling the truth? Peskov, Zakharova, Lavrov would never do such a thing....
GIF
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Fidelius Schmid
Fidelius Schmid@FideliusSchmid·
To make it clear: With this, Putin is back in the game. I wouldn’t be surprised, if Trump’s proxies were to soon reup their plans to repair the Baltic pipelines and try to sell „americanized“ Russian gas to Europe. Their chances to get NS1&2 desanctioned have just skyrocketed.
Shashank Joshi@shashj

"Two gas traders said they were struggling to process the news after Iran launched a double-tap strike, firing ballistic missiles into the [Qatari LNG] facility, first on Wednesday night then again in the early hours of Thursday morning." ft.com/content/5b66d9…

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Stephen Stapczynski
Stephen Stapczynski@SStapczynski·
This facility supplied nearly 20% of the global LNG market Unlike oil, there isn’t any spare LNG capacity or alternative routes. There isn’t a strategic LNG reserve There isnt a plant or country that can make up for Qatar’s shortfall bloomberg.com/news/features/…
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Stephen Stapczynski
Stephen Stapczynski@SStapczynski·
Each week Qatar’s massive LNG plant remains shut, the world loses enough energy to power Sydney’s homes for an entire year 🇶🇦 ⚠️ Ras Laffan was damaged by an Iranian attack. And the length of its restart & repair timeline will have a huge impact on the global gas market 🧵
Stephen Stapczynski tweet media
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Ed Conway
Ed Conway@EdConwaySky·
👀 EXCLUSIVE- QATARENERGY CEO TELLS REUTERS: WE MAY HAVE TO DECLARE FORCE MAJEURE ON LONG-TERM CONTRACTS FOR UP TO FIVE YEARS FOR LNG SUPPLIES TO ITALY, BELGIUM, KOREA AND CHINA - From Reuters. This is bad.
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Paddy Blewer
Paddy Blewer@Padsky·
@Clem_Hawk @JavierBlas Massive volatility means global anti hydrocarbons / pro nuclear and renewable policy is more likely. US can’t supply global shortfall. Short term profit but long term risk
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Hawk 🧪
Hawk 🧪@Clem_Hawk·
@JavierBlas Why would they ? Higher prices mean they earn more $$, no?
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Javier Blas
Javier Blas@JavierBlas·
US Vice President Vance plus other senior officials are meeting with the American oil industry today (at the API hq, rather than at the White House). It would be ironic if the US oil lobby was the one which put a brake on the White House's war campaign. I think that's likely.
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Paddy Blewer
Paddy Blewer@Padsky·
Agree with most of this. We need to continue to develop UKCS to defend energy security and reliable supply. But. I’ve seen too many geologically positives cocked up by suboptimal engineering. or it turned out there probably wasn’t as much gas as hoped but shares need ramping.
Kathryn Porter@KathrynPorter26

Thoughtful analysis by @EdConwaySky He doesn't mention that the recent Norwegian finds are right next to the UKCS... The boundary between our sectors is political not geological, so some of these reservoirs likely extend into the UKCS and could boost our reserves Also the production decline will not be smooth as all the forecasts indicate. They will be stepped as pipelines will become uneconomic and close forcing any remaining fields connected to them to also close But it's a useful reminder that reserves are not set in stone. They are based on geology which doesn't change, information about geology which does, and the potential /economic climate which definitely does @ClaireCoutinho @AndrewBowie_MP news.sky.com/story/north-se…

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Paddy Blewer
Paddy Blewer@Padsky·
@APHClarkson Algerian geology and lack of capital make that concerning. Libya isn’t a serious gas player. Norway can only provide so much
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Paddy Blewer
Paddy Blewer@Padsky·
@SouthernRailUK hi stuck between selhurst and w croydon for 20 mins. Is this a result of situation between Clapham/ Balham?
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Paddy Blewer
Paddy Blewer@Padsky·
@METhompson72 @robert65281 @UKLabour Not enough liquidity in UKCS to fundamentally influence any price index. What there might be is enough - if incentivised- to provide enhanced energy security to UK.
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Mark Thompson
Mark Thompson@METhompson72·
@robert65281 @UKLabour By a factor of 5? You are missing the big picture: I am saying the whole market based system for UK power prices is broken and has done nothing but screw consumers. Smash it all down and start again: produce and sell our own gas at fixed prices that work for everyone.
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Mark Thompson
Mark Thompson@METhompson72·
Just watched Starmer trot out the @UKLabour garbage about there being an international price for gas yet again. A total, utter, LIE. Why oh why won't any credible journalist simply ask: "How come then that the European price for gas is 5x what it is in the US if there is an international price?" I am happy to meet anyone below and explain how gas markets actually work: @Peston @ChrisMasonBBC @BethRigby @bbclaurak @Steven_Swinford @alexwickham @IsabelHardman Listen to these experts: @KathrynPorter26 @CeeMacBee
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Paddy Blewer
Paddy Blewer@Padsky·
@BeirutCalling @Brian_Whit 6 is marginal. More failure than success in E Med upstream. Leviathan is great, everything else has been disappointing. Return on capital / investment not there for global players. Locals lack skills and capital.
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Michael Young
Michael Young@BeirutCalling·
If I had to guess what the Israelis plan, it would go something like this: (1) They occupy up to the Litani River, possibly opening a route to the Beqaa, through which they can connect to the occupied Golan; meanwhile, they grind down Hezbollah within areas south of the Litani; (2) This becomes an emptied buffer zone, north of which the Israelis would tightly control the area as far as Sidon, recalling that in the 1976 "red lines" agreement with Syria, the Israelis did not allow the Syrians to move south of Sidon, seeing it as an advanced security barrier. (3) The Israelis tell the Lebanese to disarm Hezbollah, or else they will risk losing the areas Israel occupies—thereby pushing the Lebanese state into a confrontation with the party and the Shiites. At worst, this creates chaos and civil war, which suits Israel just fine, protected as it is by the southern buffer zone. (4) Or, if the Lebanese refuse to enter into a civil war on Israel's behalf, the Israelis gradually integrate the south into their areas of control, as they did the Golan. North of that is an area of instability that keeps Hezbollah constantly occupied. (5) Lebanese promises of peace with Israel would be largely meaningless, as Israel is operating according to a security logic, and knows it is the Lebanese who will sue for peace once the Israelis have secured all the conditions they want. At that stage, the Israelis could impose peace, yet maintain control over all the land they have taken, or large swathes of it. This is what they seek in Syria and West Bank. Why not Lebanon? (6) Among these Israeli conditions is a new delineation of the maritime borders with Lebanon, giving Israel more hydrocarbon reserves than they already have today. The Israeli plan is the Iron Wall, hegemony, and Lebanon will not be able to do anything about it. (7) Hezbollah may think this would help it revive the resistance option, but would it? From where would it stage operations? From the Shouf, pushing it into a confrontation with the Sunni, Druze, and Christian communities? From the central and West Beqaa, where you have a signficant Sunni community? From the area south of the Awali or Zahrani, which would be under constant Israel surveillance and bombing? This would be a resistance with no strategic depth, one provoking the hostility of all non-Shiite communities. (8) In light of the above, what happens to the southern suburbs of Beirut? Do the Israelis destroy them completely, thereby cutting the community's ties to Beirut, eliminating a nexus of complex inter-Shiite communal relations, and erasing the focal point of the Shiite presence in the capital? We'll have to see. (9) This geographical fragmentation of Lebanon would revive doubts about the viability of a unified Lebanese entity. Caught between Israel on the one side and Iran and Hezbollah on the other, what chance would such a state have to survive? Lebanon can surprise, but ... (10) This is one possible scenario, but I'm sure there are many others.
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Paddy Blewer retweetledi
Shashank Joshi
Shashank Joshi@shashj·
The question of whether Europeans should or should not help in Hormuz is not about whether they should approve or disapprove of the war. It's about their own interest in re-opening the strait, whether that can be done with available assets, and the costs & risks of doing so.
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Paddy Blewer
Paddy Blewer@Padsky·
@mikegalsworthy @ZiaYusufUK @ClaireCoutinho Ignoring natural gas? Why is the argument binary? Current renewable tech needs gas as installed capacity is not always available and storage is not there. This isn't an argument against remewables - we need more. It's an argument for more of everything.
Paddy Blewer tweet media
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Mike Galsworthy
Mike Galsworthy@mikegalsworthy·
@ZiaYusufUK @ClaireCoutinho We need our own energy. That means wind & solar. People who say North Sea don’t know what they’re talking about. We can’t drill there. We’re not Norway. We can only allow companies to drill there. And they send to refineries then sell onto global markets. No use to us.
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Zia Yusuf
Zia Yusuf@ZiaYusufUK·
Yes he is, and so are you @ClaireCoutinho
Zia Yusuf tweet media
Claire Coutinho@ClaireCoutinho

Ed Miliband is a dangerous fantasist who is gambling with our energy security.   As the world gets more dangerous, Britain should be asking itself a hard question: is our energy system resilient enough?   Miliband argues that his race to power the country on the wind and the sun makes us more secure. In reality, he is doubling down on a reckless experiment which is making us weaker and poorer. What Britain really needs is an Energy Resilience Strategy.   Miliband’s first fatal mistake is shutting down the North Sea, which still provides half of our gas supply. Rather than use our own, Labour would prefer Britain became more reliant on dirtier gas from abroad, while losing thousands of jobs here and sending billions of pounds overseas in the process.   We have to end Miliband’s mad ban on new oil and gas licences, scrap the Net Zero restrictions and job-destroying taxes and maximise recovery from the North Sea.   Second, we need to make electricity cheap. Miliband is so consumed by making our electricity supply completely clean that he doesn’t care that he’s also making it unbearably expensive. He has the problem completely back to front. He is making it harder for people to opt for electricity to protect themselves from shocks. Our Cheap Power Plan would cut everyone’s electricity bill by 20% and make it far cheaper for households and businesses to electrify if they choose to do so.   Third, we must double down on nuclear. Nuclear provides reliable, 24/7 power which has the most secure supply chain of any energy source. Yet Labour scrapped my plans to build the third modern large nuclear plant in Britain. This is absurd and must be reversed.   Fourth, in times of war, our industrial power is our hard power. British industry is being crippled by soaring Carbon Taxes which have as much as doubled under Labour. We will still need chemicals, plastics and steel, we will just end up getting them from more polluting countries who do not impose these taxes. We must stop escalating Carbon Taxes and back British industry.   None of this is inevitable. We are an energy-rich nation choosing to make ourselves energy-poor. Making ourselves weak to appease Net Zero ideologues will make us a warning, not an example, to the rest of the world.   It’s not too late to change course. Keir Starmer must ditch his dangerous Energy Secretary and prioritise Britain’s energy resilience now.

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Paddy Blewer
Paddy Blewer@Padsky·
@Madz_Grant @WarGit Hanks can be exceptional In multiple genres. This isn’t about slagging him off - I agree with you’re judgement
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Madeline Grant
Madeline Grant@Madz_Grant·
My most strongly-held Oscars opinion is that Nigel Hawthorne wuz robbed in 1995 and should have won for the Madness of King George. Devastating performance
Madeline Grant tweet media
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Paddy Blewer
Paddy Blewer@Padsky·
@Tory_Brexit69 @DamianLow3 Although it’s a false comparison - tiny Norwegian populace and rivers run down mountains for hydro, meaning they don’t use gas for power.
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Paddy Blewer
Paddy Blewer@Padsky·
@Tory_Brexit69 @DamianLow3 There was a choice. Strategic control through a national corporation a la statoil or a lower return through royalty / tax from private industry.
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