Expert: Russia can cut off gas supplies to the EU for a year without consequences for itself

August 28 2022 13

The energy crisis in Europe may intensify. This was reported by Bloomberg, citing the opinion of an authoritative expert.

Liam Peach, an economist at Capital Economics Ltd, a London-based consulting firm, has calculated that Russia could quietly cut off gas supplies to European countries for "a little more than a year." At the same time, unlike Europe, the Russian Federation has especially negative consequences in the economy will not be during this period.

He explained that high prices for energy raw materials enable Moscow to make big profits. Russia earns up to $20 billion quarterly from gas exports alone, despite the reduction in volumes. Therefore, even if the export of energy raw materials to Europe stops, the loss in income for the Russian Federation will not become critical.

Whether or not the Russian Federation closes the valve completely will be a political decision, and the duration of any shutdown will depend on the amount of compensatory oil revenues.

- pointed out the specialist.

In turn, the agency drew attention to the fact that the Europeans accuse the Russians of using the huge energy resources of their country as a lever of pressure (political and economic weapons) on opponents, but Moscow denies this. At the same time, the ongoing problems with the Nord Stream gas pipeline led to a reduction in the supply of blue fuel to the European Union and record jump in prices.

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alexey alexeyev_2

+1

28 August 2022 11: 40

Perhaps in November it will be possible to conduct such an experiment .. Without an intermediate experiment on mice.
1. Fizik13
  
  0
  
  28 August 2022 12: 36
  
  Quote: Aleksey Alekseev_2
  Perhaps in November it will be possible to conduct such an experiment .. Without an intermediate experiment on mice.
  
  Yes, something is already there, from September 1 we will start.
  I, too, can be such an expert, but who will publish me in an English newspaper?
  In fact, in addition to SP-1, there is also SP-2 (they will wash themselves after the new year, or even earlier, they will turn it on). south stream, Ukrainian stream, LNG. They will buy LNG in three ways.
2. Corsair
  
  0
  
  28 August 2022 19: 28
  
  Quote: alexey alexeyev_2
  Perhaps in November it will be possible to conduct such an experiment .. Without an intermediate experiment on mice.
  
  What are mice...
  Perhaps these rodents are much more tenacious compared to Europeans experimental for the United States ...
k7k8

+2

28 August 2022 12: 06

Russia earns up to $20 billion quarterly from gas exports alone, despite the reduction in volumes. Therefore, even if the export of energy raw materials to Europe stops, the loss in income for the Russian Federation will not become critical.

There is something wrong with the author's logic. Or is 20 lard a quarter for gas alone just dust?
Neville Stator

+1

28 August 2022 12: 32

Turn off the faucet now, because more governments will fall than the Draghi and Johnson governments.
Igor Viktorovich Berdin

+1

28 August 2022 12: 41

Well, what if he uses it? So what? Everyone uses their advantages. A soldier has weapons, a woman has a body and appearance, countries have their resources, labor, natural, intellectual. Even birds have the color of their plumage. What we have is what we use.
zloybond

+1

28 August 2022 16: 41

Why wouldn't Russia recognize the Outskirts as a terrorist regime. On the basis of helping terrorists, refuse to supply Geyropa with any goods at its discretion. But Gayrope definitely doesn’t need metals. They are used to make weapons and equipment that kill Russian soldiers on the outskirts. Or money does not smell?
1. Grei grin
  
  +2
  
  28 August 2022 18: 52
  
  Hucksters are mother wars, such mossy patriotism they have!
Jacques sekavar

+1

28 August 2022 17: 28

Gas is money, and no one will refuse money - the war is on, and the Russian Federation supplies the enemy with oil, gas, coal, and so on.
1. Down
  
  +1
  
  28 August 2022 21: 06
  
  If we sell for money, then where is it? The deposits were frozen and remained, I'm not talking about large sums, even the unfortunate 1000 cannot be withdrawn, which means we give away for free, because raw materials are the currency.
gorenina91

0

28 August 2022 17: 44

Expert: Russia can cut off gas supplies to the EU for a year without consequences for itself

- This is so unlikely that it does not require condemnation! - Russia is not even able to stop the supply of gas through the territory of Bandera Ukraine - although there are dozens of good reasons for this!

In turn, the agency drew attention to the fact that the Europeans accuse the Russians of using the huge energy resources of their country as a lever of pressure (political and economic weapons) on opponents, but Moscow denies this.

- Yes, what does Russia care about - all sorts of "accusations" there !!! - Russia is accused of everything - and now what! - Rossi should do only what is beneficial for her; instead of listening to the EU-ovskim gossip and slander! - Russia simply needs to use "every possible leverage" to achieve its goals!
- Against Russia, no matter what "lever" they use and what they just don't come up with in order to continue to further harm Russia - and we are still waiting for "they will be ashamed of it"!
Shelest2000

+1

28 August 2022 18: 35

Europeans accuse Russians of using their country's vast energy resources as leverage (political and economic weapons) on opponents

Those. Geirope can use economic pressure on Russia for political purposes, but Russia cannot ...
Here ... (c)
kalita

0

28 August 2022 20: 55

It is necessary to set conditions for Europe, either we launch Nord Stream 2, or we completely stop the gas supply through all pipes.