RUSSIAN Economic Crash Worsens as Gas Sales Fall $100BN, Europe Builds Storage & Uses Renewables

Published: 24 October 2023
on channel: Joe Blogs

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RUSSIAN Revenue from Natural Gas has EVAPORATED 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. 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.

For specific details please check out the CHAPTER list below.

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Chapters:
0:00 Intro
2:58 GLOBAL GAS SUPPLY
5:24 NATURAL GAS USAGE
7:03 RUSSIAN GAS 2021
8:16 EU GAS IMPORTS
10:52 ELECTRICITY PRODUCTION
12:45 REDUCTION IN DEMAND
14:43 GAS STORAGE LEVELS
17:45 LNG
21:15 RUSSIAN REVEMUE
23:18 SUMMARY & CONCLUSION

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