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Europe is locking itself in to US LNG

(davekeating.substack.com)
151 points hunglee2 | 1 comments | | HN request time: 0.328s | source
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neves ◴[] No.45262447[source]
Wasn't it the point of Nord Stream sabotage? https://brian-whit.medium.com/nord-stream-sabotage-a-look-at...
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SiempreViernes ◴[] No.45262665[source]
No, Ukrainians bombed it for their own reasons and not on behalf of the US.

The exact reasons aren't entirely clear, originally they hated NS because it allowed Europe to ignore Ukraine in the gas trade which left them more exposed. By the time of the full scale war I would bet the reason was more "fuck Russia" than anything more carefully reasoned.

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eptcyka ◴[] No.45263152[source]
Anything that makes it harder for Russia to make foreign currency and decrease the demand for Rubles is a strategic win for Ukraine.
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bgwalter ◴[] No.45267038[source]
Nord Stream money is being replaced by China in the new gas deal:

https://www.reuters.com/business/energy/russia-china-bless-v...

So Russia can now export gas, get foreign currency, and buy weapons with the money. I do not see any strategic wins here.

Additionally, China gets an economic boost. That is a sublime strategy.

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1. ponector ◴[] No.45267410[source]
Three points there:

1. Power of Syberia 1 throughput is not fully utilized.

2. China pays half of the EU price.

3. Power of Syberia 2 not be build in the near future. It's not the deal to actually do something. It's too continue further discussion.