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tangs

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02/02/24

14:28

Post #: 72206759
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Originally posted by trousergecko: ↑

Russias profit margin has gone down significantly with shipped gas and competing with the USA, Qatar, Australian for shipped LNG. Russia has destroyed its competitive advantage into Europe, % gas will continue to drift down. Putin doesnt mind shooting Russia in the foot for his own agenda, used have pretty much the entire Europeanmarket in oil and gas.... now as your plots show....

Clearly Europe/ Ukraine are in a realsitic balancing act with Russia, need supplies, changed the market dynamics long term to bring other countries into equal competition, at the smae time maintain some leverage to rachet up further grief to Russia. As you say Russia is heavily dependent on relatively high production cos LNG going into Europe. That is a card.

Kiss Kiss Putin - Your lovely dictator

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contrary to what we hear here on HC ....Joe aint dumb !
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