[pbak]

You are analyzing this too much in the short term. These pipelines were meant to last for decades.

The pain of seeing a quarter of your industry close for lack of energy might have easily bent the will of Germans and others after this winter. All political announcements about replacing Russian gas before 2027 at the earliest were a pipe dream (pun intended)for anybody with any actual knowledge of the industry.

Even now, a large portion of what was supposedly bought elsewhere was just repackaged and re-originated at the port of loading, but actually Russian gas - hence part of the price hike going to a chain of middlemen.