
[Episode #163] – Transition in Russia Part 2
The Energy Transition Show with Chris Nelder
00:00
Gas Prom Is the Lowest Cost Gas Supplier in Europe
Gas represents about a quarter of global energy demand. Some experts think that's going to overtake coal demand later this decade, and then or overtake oil. The russians can not only underprice you in the spot market, but if you look at the structure of their long term contracts,. Three quarters of the gas that flows is sold at spot prices. So there's a limit to which freedom gas can win its way into europe on strictly economic grounds.
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