Russia cannot do jacksh#t with those reserves because they don’t have the technical expertise.
After the invasion, Schlumberger, Hughes and all their buddies left Russia. There is no way the Russians can even keep their current infrastructure running. The eastern oil fields feeding China are the toughest nut to crack. And, without foreign services companies, those fields will just dry up and blow away.
“Russia cannot do jacksh#t with those reserves because they don’t have the technical expertise.”
Technical expertise yes, but anyone who has worked there knows just how broken a society it is.
Give a Russian firm $100 million to build a pipeline and within a year 90% of it will have been embezzled.
The Germans at least are honest. Give them $100 million to build a pipeline and in a couple years you will have a pipeline.