Post
Topic
Board Economics
Merits 2 from 1 user
Re: Who will Replace Russian Gas Supplies to Europe?
by
Cryptock
on 05/06/2022, 08:28:55 UTC
⭐ Merited by pooya87 (2)
There are suspicions that Russia might fight back by shutting gas supply to the West. Some sources confirmed that the US is already in talks with Qatar to become Russia’s substitute.  
 
But Qatar and other oil and gas producing nations confirmed that they will not be able to provide substantial amounts of gas to replace Russia’s supply.
 
African countries have been tipped as the best option because the continent has some of the world’s deepest gas reserves. But Africa might not replace Russia because of insecurity and lack of infrastructures.

Who will replace Russia?

https://www.aljazeera.com/economy/2022/3/1/analysis-can-african-gas-replace-russian-supplies-to-europe

It will be a combo of Arab and African producers, but what's more important, the problem will thrust europe in a renewable frenzy that will push the sector to develop solutions, and develop them fast. It might be a though couple of years, but this needed switch will be good in the end.
Did anyone watch the German protest on petrol price hike?
That was very powerful protest - people left their cars on the road and avenues and walked back home. This has blocked the road and avenues. What a wonderful protest they did.