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by rmind 1351 days ago
Because they would have to pay billions for not delivering the gas due to the breach of contracts. Legally, you cannot turn off the taps just because.

Moreover, Russia can still supply very significant quantities of gas via Belarus and Ukraine, so they retain the leverage to blackmail the EU.
2 comments
cpursley 1351 days ago
This just doesn't make sense. The pipeline's current and future value was worth more than any breach of contract. It's really just basic math and grade school logic.

Somebody didn't want Germany making a deal with Russia after the reality of winter sets in.

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rmind 1351 days ago
Doesn't it? [1][2] suggest that Germany paid $25bn for fossil fuels to Russia in 2021, where a large portion of this must be gas. The cost of building Nord Stream 2 was less than €10bn and some of that was probably covered by Germans. So, it might cost something similar to one year supply. Keep in mind that gas contacts are often long-term.

Also, you assume the pipelines are irreparable, but we don't know that.

[1] https://apnews.com/article/russia-ukraine-business-europe-ge... [2] https://www.reuters.com/business/energy/how-dependent-is-ger...

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sudden_dystopia 1351 days ago
Legally, you can’t just invade another country but that didn’t stop Russia and it has never stopped the US. Do you think Russia is going to care about the legality of debts they owe to a system that is sanctioning them? What more can we penalize them with if they don’t pay, nukes? They are literally removing themselves from the system the west has set up and are creating a new one with other BRIC nations to try to compete.
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rmind 1351 days ago
Russia won't but the West will. If you have a clear cut case of contract breach, then it's pretty straightforward to confiscate the property via courts and so on. The sanctions, on the other hand, are more complex, they might involve freezes (even if permanent, it's not confiscation), have different extent, not all countries subscribe to them, etc. The world is complex.
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valuearb 1348 days ago
The west can't confiscate anything within Russia, and has already confiscated most of their foriegn currency assets.

The world isn't that complex. Putin needs these pipelines, they offer leverage when Europe runs low on gas.

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