General chit chat thread., page-3507

https://www.reuters.com/business/energy/gazprom-loss-shows-struggle-fill-eu-gas-sales-gap-with-china-2024-05-13/



"3D printed natural gas pipeline is placed in front of displayed Gazprom logo and Russian flag in this illustration taken February 8, 2022.
REUTERS/Dado Ruvic/Illustration/Files Purchase Licensing Rights,

Gazprom posted a loss of $7 bln in 2023, first since end-1990sGazprom's pipeline gas sales to Europe slumpRussia banks on business with AsiaPrice of Russian gas for China seen gradually declining

MOSCOW, May 13 (Reuters) - Kremlin-owned energy kingpin Gazprom (GAZP.MM), opens new tab, once Russia's most profitable company, could face a long period of poor performance as it struggles to fill the gap of lost European gas sales with its domestic market and Chinese exports.

The company recently announced an annual net loss of $7 billion, its first since 1999, following a steep decline in trade with Europe.

Gazprom's troubles reflect the deep impact the European sanctions have had on Russia's gas industry, as well as the limitations of Moscow's growing partnership with China.
The impact of international sanctions on oil exports has been easier for Moscow to absorb because Russia has been able to redirect sea-borne oil exports to other buyers.

Gazprom relied on Europe as its largest sales market until 2022, when Russia's conflict with Ukraine prompted the EU to cut Gazprom gas imports.

Russia supplied a total of around 63.8 billion cubic metres (bcm) of gas to Europe by various routes in 2022, according to Gazprom data and Reuters calculations. The volume decreased further, by 55.6%, to 28.3 bcm last year.
That's compared to a peak of 200.8 bcm Gazprom pumped in 2018 to the EU and other countries, such as Turkey.

Mysterious blasts at Nord Stream undersea gas pipelines from Russia to Germany in September 2022 also significantly undermined Russian gas trade with Europe.

Russia has turned to China, seeking to boost its pipeline gas sales to 100 bcm a year by 2030. Gazprom started pipeline gas supplies to China via the Power of Siberia in the end of 2019.........."

(https://bbc.com/news/world-europe-69000698 )

Shoigu the toothless, was Putin's special killing operations showpiece has been rendered a garish ornament extracted from the diabolical forceps theater by Putin himself!!!!!!
By replacing his monster mash headquarters with the newly revitalized KGB, superpower of demo forces within Russia and infiltrating wherever airlines fly sail, cars reach....snowmobiles go etc.

Which spells deep trouble for the brainwashed Russian citizens.
Certainly for all of those whom were supportive of Navalny for freedom of choice. Really Bad News!

So....in our time, we are witnessing this with great horror, IMO. It's all very rotten stink; what is Putin thinking?

Why? Who's next? What Country is this Putin Plague going decimate after that business? While sucking up to China?
Prayers to heal those directly affected by his Insanity.

GobiH2 Wahn Kannobi elixir, winds of change, let's get going.....