Putin Offers To Boost Natural Gas Supply To Europe—Here’s Why He’s Unlikely To Be Taken Seriously
ForbesAPR 3 2023
While energy prices are skyrocketing in Europe, Putin's hypocritical offer is the latest proof of how cynically Moscow weaponizes gas exports. But Putin has massively miscalculated, as Moscow is virtually forcing Europe to pursue energy independence, and Russia is already losing market shares to Algeria, Qatar, and Azerbaijan.
The fact that Putin's offer to resume gas deliveries is falling on deaf ears shows that Brussels and Berlin are no longer pursuing a rational policy. For EU citizens, this is terrible news ahead of winter, and while the EU is serving US interests, things don't look good for Europe in the long run.