Gazprom Cannot News Today

Full so _ sell oil, gas and coal essentially full so thats what it does sell to china _ full so thats what it does sell to china but — full so thats what it does sell to china. but it is not an easy switch either it— china. but it is not an easy switch either it sells for more to europe and if you — either it sells for more to europe and if you think about it in a way where _ and if you think about it in a way where russias sources are, its a very— where russias sources are, its a very l...

That will only drive up costs. the fact is energy is going to continue to be very expensive. it is, and actually its true that russia can sell oil, gas and coal essentially, thats what it does sell to china. but it is not an easy switch either. it sells far more to europe and if you think about it in a way where russias sources are, its a very long way to china. they are neighbours, but there is a hell of a lot of tundra in between, and the economically active bits of both china and russia are v...

In a way where russias sources are, its a very long way to china. they are neighbours, but there is a hell of a lot of tundra in between, and the economically active bits of both china and russia are very distant. and gazprom cannot build pipelines to china and make profit without massive subsidies and tax breaks. so china has signed a deal to take more russian gas, its not something you can ramo up very quickly because it they are confined to a pipeline from siberia which has a limited source. ...

To continue to be very expensive. it is, and actually its true that russia can sell oil, gas and coal essentially, thats what it does sell to china, but it is not an easy switch either. it sells far more to europe and if you think about it in a way where russias sources are, its a very long way to china. they are neighbours, but there is a hell of a lot of tundra in between, and the economically active bits of both china and russia are very distant. and gazprom cannot build pipelines to china an...

But as jeff was implying, that will only drive up costs. the fact is energy is going to continue to be very expensive. it is, and actually its true that russia can sell oil, gas and coal essentially, thats what it does sell to china. but it is not an easy switch either. it sells far more to europe and if you think about it in a way where russias sources are, its a very long way to china. they are neighbours, but there is a hell of a lot of tundra in between, and the economically active bits of b...