RE:RE:RE:RE:RE:How did they lose all their money?
With European NG there is probably some fear of the impact of Nord Stream 2. This is a legit fear, but I don't think the Russians are dumb enough to flood the market with cheap gas, they know they can undercut LNG if needed and make very good money, and they also know very will how much domestic production is available. They will price to make money and not cause any economic damage to EU production and also allow some LNG to arrive as they don't want to ruffle any feather. Also the US sanctions against NS2 have cost the consortium hundreds of millions of extra $ and one year so the transit cost has gone up as a result. It will be priced in to the equation