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Western alliances to fall in the struggle for Russian natural gas


Link [2022-08-09 22:11:10]



In the coming months, we are going to witness a tough struggle for Russian LNG (liquified natural gas) contracts. There is every reason to believe that Western alliances are going to fall apart, while Russia will get a chance to build and strengthen its alliances. Western alliances will collapse in the war over Russian LNG Josep Borrell, EU High Representative for Foreign Affairs, noted that the EU managed to reduce Russia's share in gas imports from 40% at the beginning of the year to 20%. This was made possible, among other things, owing to an increase the share of LNG. However, it turns out that this LNG is also Russian, and this winter there will be a life-and-death struggle for it. Anglo-Saxons break up alliances with Europe and Asia According to The Wall Street Journal, Europe will have to fight with Asia for Russian liquefied natural gas in the coming months. Against the backdrop of considerable decline in exports of pipeline gas from Russia and an almost fivefold increase in the cost of gas in Europe, the LNG price in Asia and Europe has equalized.



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2024-09-16 00:08:51