Rising commodity prices have strengthened the economic outlook of resource-rich countries. Russia is taking advantage of this in a major way, with a particular focus on crude oil and natural gas. As Europe’s most important supplier of gas, Gazprom is well-positioned to reap major dividends. However, the state-controlled energy behemoth's lukewarm response to sending additional volumes to Europe could be a sign that the company’s strategy has changed.
In 2020, Gazprom’s exports decreased from 199 bcm in 2019 to 170…Why Russia Is Refusing To Send Europe More Natural Gas
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