https://finance.yahoo.com/news/power-hungry-europe-leaving-developing-154100722.htmlPower-hungry Europe is leaving developing countries starving for electricity
The correct response is to mass emigrate to EU countries. Since that is where resources are disproportionately going to, why not people also? (Soon (if not already) it will be food as well as electricity, so refugees had better hurry.)
Even before the war broke out, gas supplies heading to Asia were being diverted to Europe. Now with Russia-Ukraine war squeezing supply, the richer European nations are getting dibs on whatever is up for grabs. With winter and a cap on Russian fuel imports approaching, European buyers will look to stock up on even more LNG.
This is coming at the cost of not just Bangladesh, but several developing nations. India is grappling with its worst power crisis in 6 years while struggling to find suppliers in international markets.
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Over a decade ago, Pakistan had forged long-term contracts with foreign liquified natural gas (LNG) suppliers in Italy and Qatar specifically to insulate itself from volatile prices. But now, these firms continue to serve lucrative European markets while defaulting on Pakistan.
Woke sarcasm in the comments:
Na the EU is the most perfect people on the planet. They would never do such a thing as greedy keep everything to themselves.
Yes the colonizing and plundering of all those non white countries in the past were also to enlightened them about the goodwill of the white western nations
I’m not worried about Europeans, if they ever need more fuel they’ll just go back to their former colonies and genocide them again on behalf of democracy and freedom