Flipping terrific! Remember to prepare your truckloads of popcorns, everyone!
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Russia’s Gazprom discloses details of major new deal with China
Supplies of Russian gas to China via the Far Eastern route will start in 2027, Gazprom CEO Aleksey Miller said on Friday, according to the company’s Telegram channel.
The Far Eastern route will deliver supplies of Russian natural gas from the shelf off Sakhalin Island to China. Moscow and Beijing sealed an agreement for additional pipeline gas deliveries via the new route in February 2023.
According to Miller, the Far Eastern route will have an annual capacity of 10 billion cubic meters (bcm) once fully operational. The project involves the construction of a cross-border section across the Ussuri River between the already operational Russian pipeline and the Chinese city of Hulin.
“With the Power of Siberia and the Far Eastern route reaching full capacity, Russia will become the largest gas supplier to China,” Gazprom’s chief executive stated.
Russia currently supplies gas to China via the Power of Siberia pipeline, a section of the so-called Eastern Route, under a bilateral 30-year agreement. Deliveries started in 2019, and the pipeline is expected to reach its full operational capacity of 38 bcm of natural gas annually next year, according to Miller.
Gazprom has been systematically boosting gas exports to China via the pipeline, he elaborated.
Moscow and Beijing are also nearing a deal on the construction of a mega gas pipeline known as the Power of Siberia 2. It will transport up to 50 bcm of gas annually from the Yamal Region in northern Russia to China via Mongolia.
Once all the pipelines are fully operational, the volume of Russian gas supplies to China could reach nearly 100 bcm annually.
“Russian gas is in demand in China,” Miller said on Friday, adding that in 2023 supplies exceeded contractual obligations by 700 million cubic meters. “At the beginning of this year, we continued to break records for daily exports to Chinese consumers.”
Natural gas consumption in China is projected to double by the middle of this century, Miller concluded, citing experts.
Supplies of Russian gas to China via the Far Eastern route will start in 2027,
The Far Eastern route will deliver supplies of Russian natural gas from the shelf off Sakhalin Island to China.
Not all Allies are under Stress. If you think Gulf Arabs as allies. They are really enjoying many things. but some others are receiving trash.Russia proxy war with NATO with China having its back. Russia backs Kim who will take it out on the Koreans and Japanese. China has Taiwan surrounded and ramming boats in the SCS. Blah blah blah, you get the picture. All US allies are under stress. That means the US is under stress.
Emirates Group Employees Get 20 Weeks’ Bonus After Record Profits
The total number of employees in the group rose by 10% to 112,406 — their largest ever employee workforce to date as Emirate and Dnata saw significant profit and revenue increases in the last year.
They should at least replace Kamala with Newsome at this point, every moment delayed where they dingle Newsome is votes lost at this point.
The white man strikes you as he shrieks in pain
The West drew first blood and now they're worried over losing the Chinese market from Chinese domestic firms...? Of course their rights over China they want the Chinese to honor despite how China never agreed to it.