kvs Thu Nov 28, 2019 7:04 pm
owais.usmani wrote:https://thebarentsobserver.com/en/industry-and-energy/2019/11/lng-prices-hit-historical-low-russian-government-decides-it-will-not
As LNG prices hit historical low, Russian government decides it will not fund new Arctic projects
Imbecilic drivel. Arctic projects are enormous and require years of lead time and investment. Claiming that they pivot on short lived
market fluctuations is beyond retarded and/or malicious.
It is clear that Arctic energy is a
strategic priority for Russia. It is the yanqui crooks who are trying to hoodwink EU-tards
by dumping LNG at way below its price that are driving this "all time market low". In the real world such tricks don't last. Russia
has been and will continue to invest in Arctic gas (and oil) infrastructure and may reduce LNG shipments in the short term to not
expose itself ot yanqui financial terrorism. But when the yanquis will inevitably jack up the price, Russia will be there to undercut
them and make them bleed.