CSPAN Russian Influence On Gas Supplies June 1, 2014
These bars, the top gray line, this line is the 85 take home pay and this is the current situation. So what you see here are the contractual commitments for those of you not familiar with cubic years if you divide by ten you get a per day. What we are saying in the chart up till the mid 2020s european buyers are obligated to by closer to 15 billion cubic per day with legally binding arbitration. So all of the discussion on how europe can reduce their dependence on natural gas, if europe wants to break the contracts it would need to spend 400 600 billion euros. That is not going to happen. Ther...