Quote from: be.open on Today at 06:51:11 AM

Quote from: pooya87 on Today at 03:16:34 AM

Quote from: Ozero on May 08, 2022, 06:54:55 PM

This effect is temporary, as the reorientation of European Union countries away from Russian oil and gas towards other countries and alternative sources disrupts established supply chains, intensifies panic, and then raises the price. Everything will soon return to normal, and then, in the medium term, Russia will suffer enormous losses from which it will never be able to recover.

I don't think that is even possible.
For example gas, there is infrastructure in place that transfers it easily from Russia to Europe. You can't just build another gas line all the way to another farther country. It takes years and the route should go through regions that are unstable. Not to mention that other sources like Qatar for example are not capable of producing 1/1000 of the same amount of gas that Russia is producing and countries that can like Iran are not going to sell it to Europe.
Buying it from elsewhere through other means would also significantly increase the price and won't cover the needs either. To transfer gas using a ship for example you have to first turn it liquid (LNG) which significantly increases the cost and the amount that would be shipped is still not going to be enough.

The problem is the same with oil.
They went to the Arabs and they couldn't increase their production any more. They went to Venezuela and they didn't comply and their infrastructure is already weak and US sanctions prevents them from improving it too so that failed too. They went to Iran that can both produce and ship more than enough oil but Mora met a middle finger 2 days ago so that's not gonna happen either.

Europe could not even reach an agreement with Qatar, Qatar put forward unacceptable demands (a long-term contract for 20 years and a guarantee of protection from European antimonopoly prosecution). It will be extremely difficult for Europe to agree with anyone, why increase production for the sake of a region that has a strategy to reduce its carbon footprint?

Firstly, not the EU but Germany! Secondly, the main problem that is being discussed now is the term of the contract. Qatar wants 20 years. And Germany has already launched a “farewell to Russian gas, oil and coal” program as part of a program to reduce emissions into the atmosphere, and according to the approved plan, Germany should reduce carbon dioxide emissions by 88 percent by 2040. This means that gas purchases should also be reduced until 2040, and not only in Russia. And 2040-2022 = 18, but not 20 years, do you get the point? I'm sure the issue will be resolved. The question remains unresolved - where will Russia put its gas, oil, coal, which no one needs?!