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Does Putin prevent Shell from ever mining the Ukranian shale gas deposits? Then he "wins".
by Mizza 5y ago
Does Putin prevent Shell from ever mining the Ukranian shale gas deposits? Then he "wins".
- juliushuijnk 5y agoI don't get your point, but Shell just stopped doing business in Russia: https://www.reuters.com/business/energy/shell-exit-russia-operations-after-ukraine-invasion-2022-02-28/ https://www.reuters.com/business/energy/shell-exit-russia-op... There are ever shrinking pathways for putin to even claim a win as this evolves. When all paths are closed, we'll see who's willing to stick with him.
- Mizza 5y agoUkraine has huge, untapped gas reserves. If they start mining them - which they were about to before the Crimean invasion - then there's no reason for Germany and western Europe to keep doing business with Russia, effectively bankrupting the Russian state. I don't know what effect western companies leaving Russia now will have, given that the plants are already there - Russia will certainly still keep producing its own gas, with our without the west's help. This is fundamentally another petro-war, all of the media/ideological stuff about de-nazification or the mighty Russian ethno-state is bullshit. It's money and oil.