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Europe is locking itself in to US LNG

(davekeating.substack.com)
151 points hunglee2 | 1 comments | 16 Sep 25 13:56 UTC | HN request time: 0.394s | source
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neves ◴[16 Sep 25 14:06 UTC] 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 ◴[16 Sep 25 14:24 UTC] 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 ◴[16 Sep 25 14:55 UTC] 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 ◴[16 Sep 25 19:46 UTC] 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. inglor_cz ◴[16 Sep 25 20:52 UTC] No.45267879[source]▶
The devil is in the details. The conditions that China wants aren't very lucrative to Russians, and the second pipeline, if it is even built, will take about a decade to build, so not "now".

Russian negotiating position is weak and Beijing knows that.