Gas isn’t just used for heating, you need it for manufacturing, fertilizer and tons of other things. Russia’s exports and 40% of federal government income do not come from energy.
Notice the year there. Russia spent a lot of effort reindustrializing and diversifying its economy after 2014 sanctions. They also have a big war chest right now, so they can afford to play chicken with Europe much longer than Europe can.
Gas isn’t just used for heating, you need it for manufacturing, fertilizer and tons of other things. Russia’s exports and 40% of federal government income do not come from energy.
https://www.statista.com/statistics/1235291/legal-entity-revenue-by-industry-in-russia/
https://www.statista.com/statistics/271373/distribution-of-the-workforce-across-economic-sectors-in-russia/
Russia has already built power of Siberia pipeline to China and they’re building two more as we speak.
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Notice the year there. Russia spent a lot of effort reindustrializing and diversifying its economy after 2014 sanctions. They also have a big war chest right now, so they can afford to play chicken with Europe much longer than Europe can.
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Indeed, things will be a lot more clear when the dust settles. Let’s just hope humanity is still around by then. :)