At far higher prices, giving Russia more money than they made before. That's what counts.
“At far higher prices, giving Russia more money than they made before. That’s what counts.”
That temporary condition is not all that counts.
Volume keeps dropping, and price is volatile - it will not stay around historic highs forever. In fact, the total revenue surge seems to have crested back in May, but the average for the first half of the year is still up.
The explicit plan, announced two weeks after Russia’s latest invasion, and fully funded by European authorities, is to fully replace Russian oil and gas imports (2/3rds of gas and 90% of oil by year’s end). That permanent reduction is well underway, and that matters in the mid to long term, more than short term price fluctuations.
some of that gas is at pre-contracted price.