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> Also Russian gas has only accelerated in recent years, their prime competitor. Russia also achieved its major goal in Syria - maintaining Assad [Shia] regime
by trhway 5y ago
> Also Russian gas has only accelerated in recent years, their prime competitor.
Russia also achieved its major goal in Syria - maintaining Assad [Shia] regime (part of the Shia belt from Lebanon to Iran) thus preventing [Sunni] SA from building pipeline toward Europe which would have been a significant hit for Russian interests. Without such pipeline - if i remember correctly SA was recently trying to bring some stuff to Poland by sea at cheap prices, yet with no big success so far while Russia is nearing the completion of the Baltic sea floor pipeline directly to Germany. And at the same time US - SA's large market - is running a large fracking of its own and even explores the options of exporting that natural gas, and thus SA seems to start feeling a bit of squeeze, at least when it comes to natural gas. With "greenification" and electrification of economy the natural gas is the near- and mid-term future of our civilization when it comes to fossil fuels, and SA hasn't yet been as successful as they would like in securing the desired top spot in that future.