It doesn’t really matter who Russia sells their hydrocarbons to, that’s all subject to change over time. They even already have new pipelines in the works. What matters is the price they can get for selling it to whoever wants to buy some. This price is something we can influence. We can’t really halt their exports, but we can reduce their profit margins.
We are two years in the war and Russia has not started construction on a new gas pipeline. None are currently in a stage, where they even prepare construction. Even if they wanted to do it, a new pipeline costs billions and takes years to be built. Russia is unable to do that right now. LNG is not an option, due to lacking the technology. The truth is everybody knows that Russia needs to sell gas and that means lower prices. Again Gazprom is loosing money and they will not have the ability to sell more gas for years.
It doesn’t really matter who Russia sells their hydrocarbons to, that’s all subject to change over time. They even already have new pipelines in the works. What matters is the price they can get for selling it to whoever wants to buy some. This price is something we can influence. We can’t really halt their exports, but we can reduce their profit margins.
We are two years in the war and Russia has not started construction on a new gas pipeline. None are currently in a stage, where they even prepare construction. Even if they wanted to do it, a new pipeline costs billions and takes years to be built. Russia is unable to do that right now. LNG is not an option, due to lacking the technology. The truth is everybody knows that Russia needs to sell gas and that means lower prices. Again Gazprom is loosing money and they will not have the ability to sell more gas for years.
Correct, just planning so far.
https://www.reuters.com/business/energy/russia-china-sign-power-siberia-2-gas-pipeline-contract-in-near-future-says-2024-05-17/
I don’t expect Russia will have to provide everything for the construction themselves.