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"Longer term, though, the economic risks are much greater, analysts say. Kremlin-controlled exporter Gazprom PJSC has already had to throttle production this year, partly because of the lower gas volumes to Europe. Its options to reroute the flows to Asia or other markets are limited by its traditionally Westward-facing infrastructure. A gas pipeline to China opened in 2019, but it can’t handle much gas.

A second one is currently under negotiations with Beijing but won’t be ready for years. Western sanctions would also prevent Russia from building and maintaining some of the needed export infrastructure, including pipelines and turbines, analysts said.

Russia has been injecting more gas into storage sites and shutting some production, analysts said. According to analysts at Goldman Sachs, Gazprom’s production is down more than 35% year-over-year for the first half of July."

1 posted on 07/23/2022 8:55:53 AM PDT by SpeedyInTexas
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To: SpeedyInTexas

Archived version: https://archive.ph/oNxSx


2 posted on 07/23/2022 8:56:14 AM PDT by SpeedyInTexas (The Only Good RuZZian is a Dead RuZZian)
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To: SpeedyInTexas

China held control of world’s supply of “rare earths*.” That was, until they decided to use their overwhelming control as a political hammer. Suddenly, mines around the planet that were not economically viable while the Chinese kept the prices artificially low with subsidies, were economically viable again. “Poof!” Economic weapon vanished.

* Rare earths are not rare. The problem with them is that, in order to concentrate them, they must be “washed” in very toxic chemicals. The Western nations said, “Not in my back yard you don’t!” But China said, “We’ll just flush the overflow down river.”

Trump husbanded a mine in, I think California. But by the time it was ready to begin operations with certified processes, he left office. I don’t know what happened since then but would not be surprised if it was shut down as there was huge opposition by the anti-technology in the free world people.


3 posted on 07/23/2022 9:20:00 AM PDT by Gen.Blather (Wait! I said that out loud? )
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To: SpeedyInTexas

This has been a process for western globalists for years. The rest of the world is just getting the heads up. BRICS is expanding rapidly and in the two most critical areas, food and energy production (new members Argentina and Iran). The two areas the west is aggressively DEemphasing! Soon the rest of the world will be able to totally control the suicidal west. They control the export of food and energy, the west, climate lies and perversions. Who’ll dominate?


6 posted on 07/23/2022 9:31:24 AM PDT by hardspunned (former GOP globalist stooge)
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To: SpeedyInTexas

Winter is coming......natty gas doubles in a year


8 posted on 07/23/2022 10:22:01 AM PDT by wardamneagle
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To: SpeedyInTexas

China, India and South Africa are paying a small fraction of what they paid before for Russian oil (at 1:08:55 in the following). After the end of this year, they’ll probably pay far less than they are now.

https://youtu.be/qeF6uanPnTI?t=4135


10 posted on 07/23/2022 2:20:07 PM PDT by familyop ("For they that sleep with dogs, shall rise with fleas" (John Webster, "The White Devil" 1612).)
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