Sanctions on Russia
in War in Ukraine ·
Nancy Gomez26 said:The cost of the LNG technological process. At the end of the day, everything boils down to money. Look, I’ve always been an advocate for diversifying supply channels for all raw materials and fuels—that’s just sound policy. You can't afford to be in a position where you depend on a single supplier; if you do, you're finished, regardless of who that supplier happens to be. Sure, gas from Russia is likely the cheapest option, but only if you have a backup plan tucked away somewhere—like a minimum number of functioning LNG terminals. Once a Rus (or anyone else) realizes they can hold you hostage through supply, you've already lost. The Russians are decent partners, in a sense; they start squeezing you the moment they spot your dependency. Others might let you drift too far out before pulling the plug, making it impossible to return, but not them. They make sure to remind you, quite conscientiously and right on schedule, that relying on them isn't worth the price. Some would call them impatient or greedy. I simply say they are diligent when pointing out your own weaknesses.
If you had written this, say, six months ago, it might have carried some weight. Honestly, even then it would have been a stretch, but at least you'd be in good company with those assessments.
Since then, the Russians have... how should I put it?... diversified their methods of extortion.
So... calculating the true "price of cheap" requires a bit more time and depth than this. This is really just one dimension of a much larger problem.