Quote (Djunior @ 4 Feb 2023 17:07)
You get the point, Russian fossil fuels still end up in EU despite sanctions and it's gonna take a long time before EU (and the world) has weaned itself off fossil fuels so Russia will just continue selling that stuff.
That's true for Russian oil, but not for Russian natural gas, for reasons I have outlined time and time again.
Of course it's still a global market, so if China covers a larger share of its demand for natural gas from Russia, this means they will buy slightly less from Qatar or Saudi Arabia, who in turn have more capacity to export to Europe, so that the global supply lines get reshuffled a bit. It does not, however, mean that Russia is sending
relevant quantities of LNG to China or India, who then ship it to Europe. It happens, but only in absolutely negligible quantity as Russia doesn't have a large LNG fleet to begin with.