A large natural gas deposit has been uncovered in the Carpathians at a site previously believed to have been depleted, Ukrainian state gas extraction company UkrGasVydobuvannya announced on Nov. 17.
Wait I forgot about this. Ngl I’m in favor of pumping this shit out of the ground to provide for Europe starting next year or the year after, it would be a better project than most in planning and way better than the huge boats of LNG.
Production from here will likely further displace Russian production, making their economy even worse.
Still not great for the environment either way though.
Isn’t Russia just shipping everything to China and India, instead? And India is just playing the arbitrage game and reselling to Europe?
Probably, but more supply pushes down the value of all gas, especially when you can just pipe it around Europe, rather than getting it from India.
Wait I forgot about this. Ngl I’m in favor of pumping this shit out of the ground to provide for Europe starting next year or the year after, it would be a better project than most in planning and way better than the huge boats of LNG.