4 ms·
Such an ignorant short sighted response.
by waynesonfire 5y ago
Such an ignorant short sighted response.
- Arnt 5y agoYou think, perhaps, that I've overlooked that Russia is the only viable source for the gas now? This pipeline has an expected lifetime of around 50 years. The availability or non-availability of other power sources this year doesn't matter very much for the valuation of the pipeline. My assumption is that the current political situation will lead to a stronger push towards other energy sources, chiefly renewables but also LNG. And as a consequence, that this will depress the use of the pipeline for at least 45 of its expected 50-year lifetime. With obvious implications for its present valuation.