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To: SeekAndFind

Europe and their sanctions, extremely hypocritical, just like Joebama. China is buying up Russian NLG and quietly selling it back to Europe.

So Europe is back to buying Russian gas, only it is now using China as an expensive middleman instead of buying it directly from Russia (helping Russia skirt sanctions). Europe is apparently willing to pay two to three times more in order to keep this virtue signal blazing.

https://www.thetrumpet.com/26086-beijing-is-quietly-reselling-russian-natural-gas-to-europe


33 posted on 09/04/2022 1:32:04 AM PDT by gattaca
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To: gattaca

“So Europe is back to buying Russian gas, only it is now using China as an expensive middleman”

That is a tiny fraction of the volume.

The big winners of Russia’s former market share are the USA (American LNG volume has surpassed Russian pipeline volume into Europe, for the first time ever), Norway, Qatar, the Netherlands, Algeria and Azerbaijan. Egypt/Israel looks like they will get as much as they are able to ramp as well (a few percent of the EU market.

The biggest volume beneficiary is American exports.


41 posted on 09/04/2022 3:00:10 AM PDT by BeauBo
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