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To: BeauBo
Quantitatively, it is on track.

Nope.

Last year, Russia provided Europe with 45% of its natural gas, and it is now down to 15%.

Which is not too relevant.
The EU, with a population of only 450 million, is close to a joke when compared to the gargantuan populations of China and India with a combined population of close to 3 billion.
Especially when it comes to something like energy or electric power generation or use, which is dependent on the population.
You continue to over estimate the power of the EU.
Russia has moved on to selling their energy/power generation products to Asia with their vast populations, most of who refuse to abide by Dementia Joe's “sanctions”.

50 posted on 07/29/2022 11:00:16 AM PDT by SmokingJoe
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To: SmokingJoe

“Quantitatively, it is on track.”

“Nope.”

Yep.

It is just a mathematical fact.

The plan is to reduce gas imports by 2/3rds by the end of the year, and oil imports by 90% (100% of tanker imports).

The gas imports are already down to the end of year goal level, and the oil imports are on track with tapered volumes as planned.

The gas volume reductions are ahead of schedule largely due to Russian reductions in supply. The Euros would likely buy those quantities if they were offered, to catch up on storage before Winter, but it would still leave them on track with the original planned reductions for the year.


53 posted on 07/29/2022 1:25:16 PM PDT by BeauBo
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To: SmokingJoe

“The EU, with a population of only 450 million, is close to a joke when compared to the gargantuan populations of China and India with a combined population of close to 3 billion.
Especially when it comes to something like energy or electric power generation or use, which is dependent on the population.”

Oil and gas use is not strictly by population.

India consumes about 60 Million cubic meters of natural gas per year, and the EU about 400. China consumes about 350 per year.

Europe also consumes a bit more oil than China, and almost four times that of India.


55 posted on 07/29/2022 1:45:53 PM PDT by BeauBo
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