They will turn it back on for prepayments in hard currency and resources at an extremely high cost (ie 30x current price). They have 5 years to extract as much value from Europe as possible.
They will leverage this dependency for everything they can.
In some of my previous comments I have shown that oil & gas revenues make 36% of the Russian federal state budget.
Going for a full cut would be better, but those 2/3 are already quite significant.
3 comments
Bravely done.
My prediction.
Russia will turn off the supply of gas. [They have already threatened to do this](https://www.reuters.com/business/energy/russia-warns-west-300-per-barrel-oil-cuts-eu-gas-supply-2022-03-07/)
They will turn it back on for prepayments in hard currency and resources at an extremely high cost (ie 30x current price). They have 5 years to extract as much value from Europe as possible.
They will leverage this dependency for everything they can.
In some of my previous comments I have shown that oil & gas revenues make 36% of the Russian federal state budget.
Going for a full cut would be better, but those 2/3 are already quite significant.