>>514985463
>Russian Energy Minister Sergey Tsivilev (husband of Putin's cousin Anna Tsivileva) clarified the situation regarding the Power of Siberia-2 gas pipeline at the Eastern Economic Forum, which was supposedly the main outcome of Putin's visit to China.
In other words, the increase in gas exports to China will primarily come at the expense of Russian domestic consumers.
What is really happening in Russia's energy market:
◾ Russia has lost the ability to dictate oil trade terms in the Asian market. Key parameters - volumes, discounts, and payment currency - are now determined by buyers, primarily India and China, who exploit Moscow's near-total lack of alternative markets.
◾ US and EU sanctions against the Russian oil sector, including tanker fleet restrictions and secondary sanctions on Indian and Chinese entities, objectively complicate logistics and raise freight costs. However, this is a problem only for the seller - buyers are not willing to account for these circumstances or offer support.
◾ India and China are simultaneously pushing for higher discounts, citing sanctions risks and logistical costs. This strategy allows them to purchase raw materials at prices significantly below market rates, reducing Russia's foreign currency earnings.
◾ Payments in yuan and, especially, in rupees effectively tie Russian companies to the Indian and Chinese markets, limiting their ability to use the proceeds. This creates long-term financial dependence and reduces the flexibility of Russia's foreign economic policy.
◾ Despite their official rhetoric about "partnerships," India and China act purely pragmatically, treating Russia as a temporary source of cheap raw materials. Their approach does not imply mutual concessions beyond direct benefits for the buyer.
>part 2
https://litter.catbox.moe/dlemo7qh5x464mpv.mp4
