bad_apiarist t1_j43u8hw wrote
Reply to comment by GranPino in [OC] Germany's gas imports from Russia vs total. Russia went from 35% to 0% vs total 38% global reduction. by hcrx
Yes. and I am not convinced Russia can simply "find other customers" easily. Germany = 80 some million people and the #4 economy in the world, meaning they have plenty to spend on energy. And it's not just Germany, the entire EU's % of gas imports being from Russia used to be around 50%. Now it's like 18%. You can't just go "find another" EU to shell out many billions for your fuels.
GranPino t1_j45c6dk wrote
You could displace other exporters if you butch your prices. However, finding customers is irreleant when you cannot even export it, and it requires many years to build such infraestructure, sometimes decades, and it requires the technological partners from the West.
bad_apiarist t1_j45cik3 wrote
Agreed. Though I'd also argue that if you could do that, if you had a base of potential customers worth trillions of dollars over a few years.. well you'd increase production and build that infrastructure... starting years ago, whether there's a euro crisis or not. Why leave trillions of dollars on the table? But Russia largely hasn't done that (yeah I am oversimplifying here, Russia has made such efforts to improve base and supply, but faces physical and political obstacles etc. but I think the main point stands).
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