Post
Topic
Board Economics
Re: Russian Gas ban - A problem for Europe or suicide for Russia?
by
MoonOfLife
on 23/01/2023, 10:30:52 UTC


I would love to know who the new gas supplies to Europe are. I still haven't seen such news, maybe I missed it? As far as I know, Germany is building 4 more LNG import ports and will come into operation to reduce dependence on Russian natural gas. Besides, EU countries will reopen nuclear power plants. While Russia and China are building the gas pipelines will soon be operational, the Asian market will be the new market that Russia targets.
Falling oil prices will affect the entire OPEC+ bloc, not just Russia, so it is too early to say that it is having a negative impact on Russia. Let's wait and see the next move of OPEC+.


I think with Belarus joining Russia - and China too
And UK, France, Germany and Poland joining Ukraine - this war will take a different turn - it will surely spread to the other countries and will create more desatster than only the discussed gas and oil issue

The EU and the US are considering increasing aid to Ukraine because Russia is getting stronger and they want to end the war with a victory for Ukraine. Russia has issued warnings and if things do not stop, it is very likely that a bigger war will break out and the risk of World War 3 is getting closer. I really fear that 2023 will be a very bad year for us.