RUSSIA - Gazprom Destroyed by Sanctions & Will Take Over 10 Years to Recover. Russia Ukraine War

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GAZPROM has the sole contract to sell Russian Natural Gas, was Russia's Largest Business by Revenue and also the World's Largest Gas Business prior to the Invasion of Ukraine. However that has all changed now and the company recently reported a $7 Billion loss for 2023 compared with Profit of $32BN in 2021. The Russian Authorities recently instructed in INVESTIGATION into the Gazprom situation and in this video I look at the findings of that report, look at Supply & Demand for Gas and LNG and discuss the challenges that both Gazprom and Russia are facing.

For specific details please check out the CHAPTER list below.

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Chapters:
0:00 Intro
3:27 NATURAL GAS
7:33 DEMAND
10:23 SUPPLY
16:29 GAZPROM REPORT
22:18 GAZPROM
24:54 LNG SUPPLIERS
27:45 SUMMARY & CONCLUSION

#russia
#gazprom
#ruble
#ukraine
#gdp
#imf
#russianeconomy
#sanctions
#russiansanctions
#braindrain
#uk
#pricecap
#GLOBALFINANCIALCRISIS
#RUBLE
#SWIFT
#RECESSION
#CHINA
#USA
#NATO
#WW3
#WORLDWAR3

[cristo]

You know it's bad when they can't even cook the books in Russia

[ronmorrell]

What a fortune coincidence: Gazprom is making 500, 000 people redundant, and the Russian Army is actively recruiting.

[hybridarmyoffreeworld]

There is a reason why in Finnish verb "Ryssiä" (Muscovy), roughly meaning "to totally fail something".

[anv_bis]

We've seen it time and time again. It isn't about how much oil or natural gas you have, it's about how well you can sell it and who wants to buy it.

[pi]

Props to Joe for having the patience & diligence to dig out these charts, so we don't have to!

[nikolaikrustev]

And to think that Gazprom's ambitions 15 years ago were to eventually become a trillion dollar company.. oh dear.

[paladro]

i remember when putinists were laughing about sanctions after the first couple of months, suggesting they were nothing... i doubt they laugh now.

[stephen]

It’s amazing how much earth shaking misery the hubris of one person can cause. Extreme prejudice by those around Putin is required to resolve the situation.

[JustinTimeEnglishClip]

Not a bad result for a 3-day special operation. Pats on the back for the Putin legacy.

[EEX]

There was a guy in he comments a few months back swearing that black is white - russia is stable, and it would excel in agriculture as a world leader. We had a little back n forth, I told him that agriculture will not prosper and grow, and he remained adamant. Well, agriculture is collapsing due to unfavourable weather, lack of fuel, lack of maintenance, lack of labour. It’s all falling down, Mr Random Vatnik.

[obtuse]

Gazprom must be the only energy company in the world to NOT be making obscene profits for the billionaires of the world.

[BansheeNT-D]

Putins "Desert Storm" ended in a russian vietnam 😅

[jeffreymcfadden]

When you find yourself in a deep hole, you have 3 choices.
1 Stop digging
2 Try to get out
3 Keep digging We all know which option ole Putin chose.

[dprout]

Thanks Joe for another sunny good news.

[tamasgyorffy]

Instead a ruble, they will have rubble all over.

[edwardhamm]

Putin assumed that EU countries could never refuse to buy his very cheap pipeline gas and he would be able to quckly take Ukraine just before Nordic 2 was operational with more cheap pipe line gas.WRONG (thank you Germany, Italy and Quatar.)

[jaimetorrens]

Russia was sitting on a mountain of money, now is sitting on a big fart.

[politicanthepeople]

heard the same thing yesterday Jake Broe said same thing.Gazprom is done

[frankmcgowan]

Putin got his wish of reconstituting the USSR. Unfortunately it’s back to December 1991 when it fell.

[petersz]

Putler needs to fast forward to the "bunker" scene!