I was wondering if Portugal was laying off the Russia hate train, and by that I mean somewhat resuming trade relations. So this is actually quite interesting.
Publicly they keep going on about sanctions, but the droughts have wrecked their hydroelectric power plants, and buying US LNG has proven extremely expensive.
It might be because Portugal and Brazil have a really strong trade relation. Also Portugal is buying Russian LNG through intermediates.
I was wondering if Portugal was laying off the Russia hate train, and by that I mean somewhat resuming trade relations. So this is actually quite interesting.
Publicly they keep going on about sanctions, but the droughts have wrecked their hydroelectric power plants, and buying US LNG has proven extremely expensive.