- Russia’s gas giant Gazprom won’t recover gas sales lost to the Ukraine war for at least a decade.
- A study seen by the Financial Times says pre-war export volumes will return by 2035.
- Gazprom will likely lose its leading role in Russia’s energy sector over time.
“sales lost due to Putin being an incompetent genocidal maniac”
gee whatever you do don’t go out of business or anything
I cannot make up something to be less sympathetic about.
sAnCtiOnS doN’T wOrK!
“Sorry guys, we have to charge double for the next 10 years”
They already have to sell it at half price due to sanctions 😂
200% tax
Eh, no worries. 20 years will pass before they know it.
Edit: buuuuut the market for petroleum products is gonna keep on shrinking in the long term from here on out
Sad thing bout that is the ones fight the war will be left unharmed with tons of money and the russian people, who suffered for years, still suffering will suffer for (atleast) another decade.
This is good. The only way it could be better is if it takes twenty or more years. How could anyone who has watched russia’s fall care?
Well whose fault is that? Seriously, no one to blame but themselves, I hope they never recover tbh.
Get fukt
And then they will tell you that sanctions don’t work and we should stop them 😂
The notion that gas sales will, or should, ever recover is cancerous and omnicidal. We should’ve been permanently winding down fossil fuel sales quite a while ago.
Frankly, destroying as much fossil fuel infrastructure as possible is a good thing, and anybody trying to rebuild it is an enemy of humanity.
destroying as much fossil fuel infrastructure as possible is a good thing
Maybe not when doing so would release as much methane as a small country.
Won’t somebody think of the fossil fuel industry!
I Hope not, for the environment. Just three weeks before the invasion Europe declared that gas can be considered green energy because the Russian one was cheap and abundant. Putin the environmental conscious dictator immediately stepped in and reminded the EU that Russian gas is not cheap nor abundant.
Thanks to his big push now the EU is increased the share of renewable energy. Once built, we don’t need gas anymore. And hopefully developing countries will leapfrog
I don’t understand his goal, honestly. If he “wins” he gets a barren land acquired for huge human and monetary cost. Has to pay to rebuild everything and still sanctioned forever by the west, with limited trades. If he “loses” (example chokes, dies tonight and replaced by a decent human being) then they have to pay a lot in reparation costs and Russia would need decades to regain the trust status they had pre-war. It’s a lose-lose situation
My understanding is Ukraine is a large grain producer and exporter. So I wouldn’t say the land is very barren. There’s definite upsides, but you and I would probably agree its going to be a huge cost for Russia.
yes but with the immense amount on money that they literally blew in ukraine + all the money they’re losing with sanctions they could have done some geoengineering megaproject to transform a similarly sized amount of land already in their possession into grain farms
Ukraine is a large grain producer and exporter. So I wouldn’t say the land is very barren.
That’s it. He wants the farmland, doesn’t care who used to live there nor who has to farm the minefields after. They’re just the subjugated ‘others’ like before.
At this point Putin’s goal is pure personal survival. He needs to not lose the war because that would make him look weak, which is very dangerous for a dictator. To keep himself alive and in power he is willing to throw any amount of Russian soldiers into the meat grinder.
