"Push for diversification, not policy shift"

I wonder if the Europeans are so naive to believe that if they start to buy much more expensive American gas Gazprom won’t increase the prices for the Russian one ? At least it will compensate the fallen out incomes. Then I wonder how will Netherland and Norway behave on such a market ? Be sure they will raise their prices as well. As a result Europe will have total increase to become even less competitive against the USA, Japan , India or China. OK “old Europeans” are more or less guaranteed about the supplies but South of Europe more and more reminds me a suicide club. Let’s see how Ukraine is going to survive this winter to make further judgments. By the way if they mean to hurt Russia then gas market is not our weakest place. Because it brings us 7 times less money than crude oil while with such a strong dollar and USD 63-68 per barrel Russia feels rather comfortable. Same as with USD 80-90 last year. Also in Gazprom’s incomes structure European export makes only 15% that the company may afford to lose for a while. Because since 2020 this very resource base will be used for the Chinese exports. So we shall see who will wink first and who will gain in this gamble. Meanwhile Russian companies of metal , nuclear stations, armaments, food, agriculture and other sectors are fast increasing their exports.

I wonder if the Europeans are so naive to believe that if they start to buy much more expensive American gas Gazprom won’t increase the prices for the Russian one ? At least it will compensate the fallen out incomes. Then I wonder how will Netherland and Norway behave on such a market ? Be sure they will raise their prices as well. As a result Europe will have total increase to become even less competitive against the USA, Japan , India or China. OK “old Europeans” are more or less guaranteed about the supplies but South of Europe more and more reminds me a suicide club. Let’s see how Ukraine is going to survive this winter to make further judgments. By the way if they mean to hurt Russia then gas market is not our weakest place. Because it brings us 7 times less money than crude oil while with such a strong dollar and USD 63-68 per barrel Russia feels rather comfortable. Same as with USD 80-90 last year. Also in Gazprom’s incomes structure European export makes only 15% that the company may afford to lose for a while. Because since 2020 this very resource base will be used for the Chinese exports. So we shall see who will wink first and who will gain in this gamble. Meanwhile Russian companies of metal , nuclear stations, armaments, food, agriculture and other sectors are fast increasing their exports.