3 ms·
This just doesn't make sense. The pipeline's current and future value was worth more than any breach of contract. It's really just basic math and grade school l
by cpursley 4y ago
This just doesn't make sense. The pipeline's current and future value was worth more than any breach of contract. It's really just basic math and grade school logic.
Somebody didn't want Germany making a deal with Russia after the reality of winter sets in.
- rmind 4y agoDoesn't it? [1][2] suggest that Germany paid $25bn for fossil fuels to Russia in 2021, where a large portion of this must be gas. The cost of building Nord Stream 2 was less than €10bn and some of that was probably covered by Germans. So, it might cost something similar to one year supply. Keep in mind that gas contacts are often long-term. Also, you assume the pipelines are irreparable, but we don't know that. [1] https://apnews.com/article/russia-ukraine-business-europe-germany-484fdfeecf86483356f5f003b77e30da https://apnews.com/article/russia-ukraine-business-europe-ge... [2] https://www.reuters.com/business/energy/how-dependent-is-germany-russian-gas-2022-03-08/ https://www.reuters.com/business/energy/how-dependent-is-ger...