During a speech at the UN General Assembly, former US President Donald Trump called on European nations to immediately cease purchasing Russian energy, claiming they are “funding the war against themselves.” Trump argued that these purchases, along with those made by China and India, are prolonging the conflict in Ukraine. He stated the US is prepared to impose powerful tariffs to stop the bloodshed but emphasized that European cooperation on the same measures is essential for their effectiveness. Trump plans to discuss this issue with European leaders, despite Hungary’s resistance to abandoning Russian energy resources.
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Vladimir Putin’s ambitious Arctic gas production project, a cornerstone of his energy strategy, is facing a significant setback, effectively grinding to a halt due to the crippling impact of Western sanctions. The Arctic LNG 2 project, boasting the Belokamenka yard designed to employ 15,000 workers, now stands largely deserted, a testament to the sanctions’ devastating effect on Russian infrastructure and its ability to maintain complex operations. Most contractors have abandoned the site, leaving behind only a skeleton crew of around 500 security guards.
The shutdown of this massive undertaking represents a considerable blow to Putin and his energy empire. The Belokamenka yard, once touted as a world-leading industrial site, was crucial for the construction of the offshore platforms necessary to process gas from the Salmanovskoye and Geofizicheskoye fields.… Continue reading
John Q. Hosedrinker 
Matt Underwood