Europe Can't Seem To Escape This, What's Really Going On

Europe Can't Seem To Escape This, What's Really Going On? Let’s talk about something that’s become super important in today’s world: gas exports, particularly from Russia. With all the geopolitical drama surrounding energy supplies, especially after the situation in Ukraine, things have been pretty wild. So, let’s break down what’s going on with Russian gas exports, focusing on how they’re navigating relationships with Europe, China, and Turkey. First off, let’s set the stage. Even though Russia has cut off a lot of its natural gas supply to Europe, it’s still managing to send a pretty comparable amount to China. According to some recent Bloomberg calculations, Gazprom, Russia's state-owned gas giant, exported about 14.6 billion cubic meters of natural gas to Europe in the first half of 2024. That’s a significant number, especially considering the backdrop of sanctions and political tensions. Now, here’s where it gets interesting: during the same period, Russia exported 15.2 billion