> On Jan 4, 2025, at 4:04 PM, Charlie via groups.io
> <[email protected]> wrote:
>
> • "The statistics reveal that as of end-2024, Russia had become the second
> largest gas supplier to the EU after Norway, overtaking the United States —
> now, that’s 3 years into the Ukraine war and the Western ‘sanctions from
> hell’ notwithstanding."
There are all sorts of statistics that are useless outside of a model. If the
model is how much revenue Russia gets from selling gas to Europe, then it went
from providing 40% of Europe's needs pre-invasion to an estimated 8% today
(https://www.euronews.com/2024/08/15/why-is-europe-still-getting-gas-from-russia?utm_source=chatgpt.com,
https://phys.org/news/2024-12-russian-gas-austria-europe.html?utm_source=chatgpt.com).
It seems to me that Russia lost the war in 2022 with the great help of weapons
from the US and other NATO-aligned countries and much less from economic
sanctions, but I doubt that losing such a large market share in such a large
market is not a drag on the Russian economy.
Mark
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