Foreign Affairs

TexasTowelie

(117,527 posts) Sun Apr 14, 2024, 02:54 PM Apr 2024

Russian Gas & LNG Revenue Collapses & Sanctions Threaten Future of $10 Billion Arctic LNG 2 Project - Joe Blogs

Prior to the Invasion of Ukraine Natural Gas exports provided Russia's second largest revenue stream after Oil. However as a result of the war European countries stopped buying Russian Gas and this lead to the loss of the majority of this income. Russia was unable to export this gas to countries such as India as it does not have the LNG facilities to convert the gas. In this video I look at Russia's loss of income, the impact of the recent SANCTIONS against the new $10 Billion LNF facility called Arctic LNG 2 and discuss the problems that Russia and the Russian Economy are now facing.

Chapters:
0:00 Intro
3:37 NATURAL GAS
5:17 GLOBAL SUPPLY
8:25 RUSSIAN DISTRIBUTION
9:57 RUSSIAN REVENUE
14:24 LNG
16:57 ARCTIC LNG 2
21:41 SUMMARY & CONCLUSION

2 replies

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Russian Gas & LNG Revenue Collapses & Sanctions Threaten Future of $10 Billion Arctic LNG 2 Project - Joe Blogs (Original Post) TexasTowelie Apr 2024 OP

Joe Bloggs is able to explain complex economic issues in a simple and easy to understand way. Irish_Dem Apr 2024 #1

Good, very good. blue-wave Apr 2024 #2

Irish_Dem

(59,687 posts)

1. Joe Bloggs is able to explain complex economic issues in a simple and easy to understand way.

Reply to TexasTowelie (Original post)

Sun Apr 14, 2024, 05:10 PM

Apr 2024

His recent videos are about basically that Putin has screwed himself and Russia over significantly in terms of Russian revenue.
Its major source of income worth hundreds of billions of dollars a year has gone bust.

Between the sanctions and countries no longer doing business with them production is way down.
And may take a very long time to come back.

Russia is hurting financially.

blue-wave

(4,488 posts)

2. Good, very good.

Reply to TexasTowelie (Original post)

Sun Apr 14, 2024, 07:55 PM

Apr 2024

Couldn't happen to nicer butchering mass murderer. Puck Futin!!! May he rot in hell.

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