It seems bad news to those who say the Russian economy is collapsing because Russia can only sell oil and gas to Europe. And Europe no longer needs Russian energy, so Russia's economy will soon collapse and will lose badly in the war. Europe was fortunate to be able to fill their gas reserves by the winter of 2022. But I wonder what will happen to them this winter when they are importing LNG from the US as an ally, and the US is selling at four times the market price.
How about you stop with the disinformation, seriously, stop!
The same parroting about 2020 prices is really getting old, every propagandist here takes the 2020 gas prices as a reference but forgets to mention why gas was cheap then. Funny thing, they forget also to mention that oil trading now at $80 is ....drums.. 120$ dollars more expensive than it was in 2020!
So let's once and for all deal with this whole crap!
Dutch TTF is right now trading at 42E/ MW, it's high against 2020 value but if you go back beyond that period you will see it's nowhere that expensive:
https://www.barchart.com/futures/quotes/TGJ23/performance?mode=monthlyFor example, if we go for a 10 years period
so before the invasion of Crimea you will see that the price was, what a surprise
Period Open: 27.350
so it's not 3 or 4 times more expensive but only 60%.
But!!, it doesn't stop there the 42E/MW is just Dutch TTF, the prices for LNG are different:
https://aegis.acer.europa.eu/terminal/price_assessmentsAnd as you can see LNG trades right now:
2023.04.18 34.786 34.985 34.814 -7.908
at a 7.8 Eurous DISCOUNT against pipeline gas!
This also means that the US is selling
cheaper LNG than gas coming from Russia, Algeria, or via Turkish pipelines.
So let's do simple math and put the 27.35 price at which EU was buying Russian gas in 2013 against the LNG prices now at 35 and you got one big whooping, oh wait, it's not 3x is just 30% increase. And what a surprise, even Russia admitted this before the war, this is from 2018, so before the war
https://www.aa.com.tr/en/energy/energy-diplomacy/us-lng-price-up-to-40-higher-than-russian-gas-novak/20225The price of liquefied natural gas (LNG) from the U.S. is at least 30-40 percent higher than Russian pipeline gas, Russia's Energy Minister Alexander Novak said on Saturday.
Of course, it was even by then manipulation but at those time they had to be at least decent so he only said what the minimum decency allowed him to say.
Now to address the other of your concern.
Europe was importing 155 billion cubic meters of Gas, there is a single gas pipeline that transports gas to China at a 25 million capacity!
How have they switched selling gas from Europe to China? Simply, they haven't!
Russian gas exports to countries outside a group of former Soviet republics plunged by 45.5% in 2022, figures from gas giant Gazprom showed Monday.
Gazprom said in a statement that exports outside the Commonwealth of Independent States (CIS) totaled 100.9 billion cubic meters compared to 185.1 billion in 2021.
That 2022 number includes the two months before the war and another 6 months in which Yamal worked.
So next time, rather than regurgitating the stupid Russian propaganda, look for facts!
Otherwise, you will have the same shock as commies had when the USSR went bust because till that moment they were sure the USA is in a civil war, western Europe is dying of hunger just to find out there were more washing machines in Bremen than in all of Russia!