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TexasTowelie

(112,219 posts) Fri Sep 22, 2023, 08:16 AM Sep 2023

Russian Collapse Accelerates as Gas Sales Evaporate & Huge Discounts on Gas Given to China - Joe Blogs

RUSSIAN Revenue from Natural Gas has EVAPORATED due to the Economic Sanctions. Russia is struggling to be able to replace the lost revenue as they do not have the Infrastructure to convert Natural Gas to LNG and it will take DECADES to negotiate and build new pipelines. In this video I look at the current situation for Russia & Europe and ask whether there is a risk that Europe could face Shortages in Winter 2023/4.

Chapters:
0:00 Intro
2:18 NATURAL GAS MARKET
4:25 PIPELINES
5:53 RUSSIAN PIPELINES
9:15 PRICES
12:10 CHINA
14:59 NATURAL GAS STORAGE
16:39 LNG
20:46 SUMMARY & CONCLUSION

2 replies

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Russian Collapse Accelerates as Gas Sales Evaporate & Huge Discounts on Gas Given to China - Joe Blogs (Original Post) TexasTowelie Sep 2023 OP

If they are in collapse how are they able to keep up the war with Ukraine and threaten others? Srkdqltr Sep 2023 #1

They are having to spend their reserves to sustain their economy. TexasTowelie Sep 2023 #2

Srkdqltr

(6,291 posts)

1. If they are in collapse how are they able to keep up the war with Ukraine and threaten others?

Reply to TexasTowelie (Original post)

Fri Sep 22, 2023, 08:56 AM

Sep 2023

TexasTowelie

(112,219 posts)

2. They are having to spend their reserves to sustain their economy.

Reply to Srkdqltr (Reply #1)

Fri Sep 22, 2023, 09:05 AM

Sep 2023

The balance of trade is negative and some sources believe that Russia will exhaust its reserves within the next six months. They may have additional drones and missiles in reserve, but at some point Russia will be unable to resupply its forces. Something similar may occur in Ukraine, particularly if the US withdraws its support; however, Russia does not have any lifelines to use since the few friends that it has are undergoing their own economic problems and sanctions.

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