Welcome to DU!
The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards.
Join the community:
Create a free account
Support DU (and get rid of ads!):
Become a Star Member
Latest Breaking News
Editorials & Other Articles
General Discussion
The DU Lounge
All Forums
Issue Forums
Culture Forums
Alliance Forums
Region Forums
Support Forums
Help & Search
Russian Gas Power of Siberia 2 Pipeline Deal with China Collapses as China Moves Towards Hydrogen - Joe Blogs
Prior to the Invasion of Ukraine Natural Gas exports provided Russia's second largest revenue stream after Oil. However as a result of the war European countries stopped buying Russian Gas and this lead to the loss of around $150 BILLION in income. Russia is unable to export this gas to countries such as India as it does not have the LNG facilities to convert the gas and has been trying to persuade CHINA to agree to build the POWER OF SIBERIA 2 Pipeline. In this video I look at Russia's loss of income, China's current and future demand for Natural Gas, who China is currently buying from, China's investment into HYDROGEN, the likelihood of the pipeline being built and discuss the problems that Russia and the Russian Economy are now facing.
Chapters:
0:00 Intro
3:39 RUSSIAN GAS
6:21 RUSSIAN EXPORTS
10:32 CHINESE DEMAND
15:40 CHINA'S PIPELINES
20:04 HYDROGEN
24:07 SUMMARY & CONCLUSION