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Russian Gas Sales & Income Collapse as Europe Abandons Natural Gas & Turns to Renewable Energy & LNG - Joe Blogs
RUSSIAN Revenue from Natural Gas has COLLAPSED due to the Economic Sanctions. Russia is struggling to be able to replace the lost revenue as they do not have the Infrastructure to convert Natural Gas to LNG and EUROPE is now using a combination of increased RENEWABLE ENERGY and LNG. In this video I provide an update on the current situation for Russia & Europe and discuss the impact that the Sanctions are having on both Europe & Russia.
Chapters:
0:00 Intro
3:50 EUROPEAN ELECTRICITY
7:01 RENEWABLES
9:35 CO2 EMISSIONS
13:11 NATURAL GAS USAGE
16:01 LNG
19:19 STORAGE
21:36 RUSSIAN REVENUE
23:39 SUMMARY & CONCLUSION
