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Oil and Gas - Is Russia a Major World Supplier of Natural Gas?
Right now, Russia is still and has been for a long time reliant on its hydrocarbonate exports. I think when the Russians started to lose a great deal of this, especially the natural gas side into Europe, I think this hurt them considerably. But they had already started to set up alternatives in terms of the numerous pipelines that go into Europe,. They're talking about going across Iran now, for example, and go into China. So I think they're doing reasonably well on that, but the pain is certainly happening.