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Are they below the cost or below the market price? If they're below the cost, it would mean that Russia is just spending money to provide Europe with gas, which

Are they below the cost or below the market price? If they're below the cost, it would mean that Russia is just spending money to provide Europe with gas, which does not make any sense. But if it's simply below market price it means that Russia is still turning a profit on the gas, just not as much as it could have otherwise.

bestouff 2y ago
It makes perfect sense if they want to keep the market.
XorNot 2y ago
They can be taking a loss and it's still less of a loss then suspending production. At the scale of industry we're talking about, a lot of counterintuitive things happen that make perfect sense in context.