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.
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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. :)