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Some countries only have 6% Russian gas imports. Other countries are diversifying and it will be forever. Russian oil will be cut off immediately/more easily.

Some countries only have 6% Russian gas imports. Other countries are diversifying and it will be forever. Russian oil will be cut off immediately/more easily. The disaster for Russia is that natural resource profits will plummit and the tech industry will be no more. Perhaps this is what Putin wants, similar as in Chechnya/Syria (eg. For cheap military forces). Clock is ticking for Russia, 4 years to build LNG terminals. That's not a lot of time.

Comevius 4y ago
The share of renewables is currently around 25% in Europe, and the target is 45% by 2030. My fear is that we will end up leaving tens of millions behind, condemning them to a life without energy security, since it won't make sense economically to build all this new infrastructure in many places. Russia on the other hand with it's unlimited energy can figure out how to get it to countries like China and India. If you have energy you have everything, because it's a seller's market, and the world is a much bigger place than just the countries participating in the sanctions. At the end of the day there is no replacing the energy density, storability and price of fossil fuels. They will likely remain the primary driver of growth for developing countries that can't afford anything else.
- NicoJuicy 4y ago
  No they can't. The gas sources to Asia are different from the pipelines to Europe. Additionally, Russia doesn't nearly have enough ships to replace a decent part of the deliveries to Europe. Additionally, they will definitely pay a lot less.
  - stop50 4y ago
    There are reports of burning gas in some russian sources.this is because shutting down costs more money that resume operation and burning gas.
    - NicoJuicy 4y ago
      Not just that. If it's oil, there's a risk they can't restart production. It is something about closing the "well" and pressure in it.
      - stop50 4y ago
        Sorry, i forgot to mention it explicitly.
- stop50 4y ago
  Russia has two pipelinenetworks. One for asia and one for europe. The european only delivers a fraction but the asian works. The problem is that europe was a major buyer and there is no connection between the asia and europes pipelines. Plzs the two pipelines would require years of work to connect.
Someone 4y ago
> The disaster for Russia is that natural resource profits will plummit For oil and gas, AFAIK, rising prices for now more than compensate for decreased exports. (Can’t find newer info than https://energyandcleanair.org/publication/russian-fossil-exports-first-100-days https://energyandcleanair.org/publication/russian-fossil-exp..., though, and that’s 2½ months old)
- NicoJuicy 4y ago
  I'm talking about long term consequences. Not the short term ones.

Comevius 4y ago

The share of renewables is currently around 25% in Europe, and the target is 45% by 2030. My fear is that we will end up leaving tens of millions behind, condemning them to a life without energy security, since it won't make sense economically to build all this new infrastructure in many places. Russia on the other hand with it's unlimited energy can figure out how to get it to countries like China and India. If you have energy you have everything, because it's a seller's market, and the world is a much bigger place than just the countries participating in the sanctions. At the end of the day there is no replacing the energy density, storability and price of fossil fuels. They will likely remain the primary driver of growth for developing countries that can't afford anything else.

NicoJuicy 4y ago
No they can't. The gas sources to Asia are different from the pipelines to Europe. Additionally, Russia doesn't nearly have enough ships to replace a decent part of the deliveries to Europe. Additionally, they will definitely pay a lot less.
- stop50 4y ago
  There are reports of burning gas in some russian sources.this is because shutting down costs more money that resume operation and burning gas.
  - NicoJuicy 4y ago
    Not just that. If it's oil, there's a risk they can't restart production. It is something about closing the "well" and pressure in it.
    - stop50 4y ago
      Sorry, i forgot to mention it explicitly.
stop50 4y ago
Russia has two pipelinenetworks. One for asia and one for europe. The european only delivers a fraction but the asian works. The problem is that europe was a major buyer and there is no connection between the asia and europes pipelines. Plzs the two pipelines would require years of work to connect.

Someone 4y ago

> The disaster for Russia is that natural resource profits will plummit For oil and gas, AFAIK, rising prices for now more than compensate for decreased exports. (Can’t find newer info than https://energyandcleanair.org/publication/russian-fossil-exports-first-100-days https://energyandcleanair.org/publication/russian-fossil-exp..., though, and that’s 2½ months old)

NicoJuicy 4y ago
I'm talking about long term consequences. Not the short term ones.