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688 points hunglee2 | 1 comments | | HN request time: 0.378s | source
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VincentEvans ◴[] No.34713402[source]
Gazprom, Russian gas monopoly, has on Kremlin’s orders first threatened to, and then suspended gas supplies to Europe in an attempt to blackmail it to stop supporting Ukraine under a threat of, as they put it, “freezing Europe”. In the process unilaterally breaking existing delivery contracts. There were no Western sanctions targeting Russian gas - it was entirely a political operation initiated by Russian government, “weaponizing energy supplies” as it often referred to, in the course of hybrid war.

Kremlin has miscalculated - Europe was able to largely avoid the intended crisis, while simultaneously Gazprom lost its largest market. The pivot from Russian supplies did come at a significant cost though.

Now that the Western sanctions are strangling Russian economy - if Gazprom wanted to come back to European market - they would be first greeted by billions of dollars of contract charges in arbitration courts.

It has long became obvious that Gazprom will likely attempt to use claims of force majeure to try to avoid financial penalties. And as it became customary for Russia - start preparing fertile ground in the courts of public opinion by planting various stories misdirecting the blame and muddying the waters.

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Reason077 ◴[] No.34715397[source]
It doesn't make sense that Russia would blow up their own pipeline. They can't blackmail Europe with gas if there's no pipeline to supply the gas.

And force majeure? That's pretty far-fetched. Why would Russia care about financial penalties? This is the country that effectively stole over 400 airliners by refusing to return them when the leases were terminated.

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1. graton ◴[] No.34716104[source]
One pipeline was not blown up and can carry 27.5 billion cubic meters per year. So it is still technically possible to send gas through that pipeline.

https://www.reuters.com/business/energy/single-line-nord-str...