[rmind]

Russia won't but the West will. If you have a clear cut case of contract breach, then it's pretty straightforward to confiscate the property via courts and so on. The sanctions, on the other hand, are more complex, they might involve freezes (even if permanent, it's not confiscation), have different extent, not all countries subscribe to them, etc. The world is complex.

[valuearb]

The west can't confiscate anything within Russia, and has already confiscated most of their foriegn currency assets.

The world isn't that complex. Putin needs these pipelines, they offer leverage when Europe runs low on gas.