Mother Russia is beginning to seize energy projects by foreign companies on their soil. What better way to get a company to come in and build your infrastructure? Promise them you’re a capitalist state, grant them permits to come in and procure natural resources on your soil, wait until they’re done with the building of the project, then seize the equipment. Seize the $20 billion in equipment.
Between China buddying up with Iran and starting to use its purchasing power to bid on oil companies, and Russia now funnelling stolen equipment and resources to Gazprom, it looks like the two “allies” are attempting to corner the energy markets for political influence.