Oil experts estimate Russia's attepmt to blackmail Europe has backfired.
"Ultimately, Gazprom has been hit the worst by Putin’s decision to maximize energy pressure on the EU, as the energy company can only burn the redundant gas in huge flares, while during winter, it will have to shut down many production facilities effectively destroying key assets . The Kremlin may entertain fantasies about redirecting gas flows from the Yamal fields to China, but it will take years to lay the necessary pipelines, and Beijing shows no interest in funding these projects"
Putin has ordered the shutdown of the Nord Stream One gas pipeline too early, giving the EU plenty of time to prepare for emergencies
oilprice.com