Posted on 01/18/2022 1:33:30 PM PST by RomanSoldier19
As winter bites, Europe is facing a gas shortage. A cold snap has coincided with lower volumes of gas exports from Russia, forcing a big spike in prices. Consumers and businesses across the continent are facing a steep increase in their bills, with governments scrambling to cushion the impact. And analysts warn it could soon get worse.
Moscow plans to build a new pipeline to China, which could give Russia the power to sell gas to the highest bidder, pitting Chinese and European consumers against one another.
Chinese economy
From the frozen expanses of Siberia, Russia already is sending some natural gas to China. The "Power of Siberia 1" pipeline opened in 2019, tapping the gas fields in Russia's far east to help fuel the Chinese economy.
Europe remains Russia's largest customer by far, importing about 200 billion cubic meters of gas every year – about 30% of the continent's supply. By comparison, China purchases about 38 billion cubic meters annually.
(Excerpt) Read more at voanews.com ...
Ukraine: Washington and Kremlin's top diplomats to meet as Russia ramps up military drills in 'extremely dangerous situation'
Even Siberia goes through the motions....
Underpopulated Siberia is a treasure house of coal, oil, gas, timber and huge expanses of undeveloped farmland. It has natural beauty matched only by Alaska. It lies adjacent to overpopulated, resource poor, teeming, well armed China. Ukraine and Taiwan are sideshows. If there is to be a civilization ending world wide nuclear war, it will begin there.
Think of all the poor green popsicles in Europe.
Since obama when i see pipelines for Europe it means our troops.
Germany is accelerating the closing of all of its nuclear power plants....
I guess the rise of WW3 starts as a comedy with the Germans playing the French this time.
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