Putin's energy threat backfires as Russia to bow to China's demands: 'Xi in control'

Russian President Vladimir Putin's plot to cut Europe off its gas supplies is poised to backfire, as experts warn Express.co.uk that Moscow would make very little money from selling its gas to China. Over the past year, Putin has been gradually squeezing gas flows to the European Union, in retaliation for the sanctions placed on Russia following its invasion of Ukraine. Relations between Moscow and the EU have worsened as the bloc vowed to end its reliance on Russian gas by the end of the decade. Meanwhile, as Russia severs ties with the West, Putin has been turning East, looking to increase the amount of gas it sells to China through new gas pipelines and LNG exports.
 
Hes been selling i energy at this discount all during the sanctions and they've been buying quite a lot.
But last I heard they were buying less due to the zero covid policies shutting cities and reducing usage which was causing a big problem with Vlad as he was selling less and less.

Something not adding up here.
 
Back
Top