Russia takes a hit in eu energy crisis analysts warned
“After the announcement by the Russian government and the Kremlin, the European financial system is going to get hit, as the Russians will not be able to continue their e바카라 출 목표nergy policy without taking measures.”
The move could see Europe absorb a substantial windfall of $40 billion a year from Russian exports of liquefied natural gas (LNG) to Europe, while the cost to maintain Ukraine’s gas supplies would fall by 20 to 30 percent, according to Mark Hosenball, an analyst at research firm Eurasia Group.
“The Russian d4u 카지노eal provides Russia with an opportunity to take steps to avoid further disruption,” said Hosenball. “And to that end, Putin has also made a public offer for a price cut on Russian gas to offset a loss in European supplies.”
The Russian energy industry faces major competition from Asian and Latin American producers. Asian governments, including China, India and Indonesia have all expressed interest in buying gas from Russia, while Russia h온라인 카지노 먹튀as invested heavily in Chinese energy companies.
But the E.U. is less concerned about Asia than European policymakers are, said Hosenball, who added that the E.U. was concerned by the “hollowing out of the Russian economy.”
Ukraine’s current energy price is set by the U.S. Energy Information Agency, which calculates the price at about $40 per 1,000 cubic feet per day (CMB/d), meaning that prices will fall to $30 in a year. “We think that the drop in Ukraine’s LNG export volumes that has happened recently could prove unsustainable, and that a gas crisis will hit Europe.”