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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 368.29+0.6%Nov 7 4:00 PM EST
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To: Maurice Winn who wrote (135420)9/4/2017 3:09:02 AM
From: Elroy Jetson  Read Replies (1) of 217588
 
Sanctions on Russia's activity in Ukraine indeed shifted sales of natural gas from Europe to China.

The benefits sending Russian natural gas to China are obvious:

a.) Reduced European dependence on Russian energy;

b.) Provided European markets for natural gas from the former Soviet nations south of Russia like Kazakhstan and Azerbaijan without needing to rely on transit through Russia;

c.) Replaced coal usage in China.

Of course all of this seems illogical to Putin fan-boys.
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