Chinese Economics Thread

Xizor

Captain
Registered Member
So about $1.3 - $1.5B a year for over 20 years, quite big and it is possibly just a start, will be more and more. 4 million ton of LNG is roughly about 45 LNG carriers cargo per year or every 8 days

Is it possible when China rely on too much on US LNG .. and then suddenly booom, sanction by Trump like president in the future ? ... just wondering :rolleyes:
There is the Central Asia Gas pipeline deal that China struck with Kazakhstan, Uzbekistan and Turkmenistan.

Another is the the Russia China Oil pipeline expansion plan. Also the Pakistan-Iran-Xinjiang oil and gas pipeline. I can understand the issues here.

Edit: the central Asian gas pipeline is functioning well. Uzbekistan and Turkmenistan supply gas. Has Kazakhstan started to sell gas?
 

gelgoog

Lieutenant General
Registered Member
There is also the Russia-China "Power of Siberia" and in the future Russia-Mongolia-China "Power of Siberia 2".

Power of Siberia is supposed to send 38 bcm/year to China when the gas fields in Siberia have ramped up. Currently capacity to China is around 5 bcm/year. The total pipe on the Russian land segment is capable of 61 bcm/year but part of the gas will be sold to Russian customers on the Far East.

Power of Siberia 2 might have 80 bcm/year capacity and will transport gas from the Yamal peninsula to Mongolia and China. Some of the gas will be used in Russia and Mongolia but it will likely have more capacity to China than the Power of Siberia. Plus the gas fields are huge and mostly already developed unlike the ones for Power of Siberia.

The Central Asian Gas pipelines have significant capacity and it has been increased not that long ago.
It has three lines A, B, C with a combined capacity of 55 bcm/year. That is about the same as Nord Stream for example.
They are building line D with a capacity of 30 bcm/year which is supposed to be built by next year.
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Last edited:

NiuBiDaRen

Brigadier
Registered Member
There is the Central Asia Gas pipeline deal that China struck with Kazakhstan, Uzbekistan and Turkmenistan.

Another is the the Russia China Oil pipeline expansion plan. Also the Pakistan-Iran-Xinjiang oil and gas pipeline. I can understand the issues here.

Edit: the central Asian gas pipeline is functioning well. Uzbekistan and Turkmenistan supply gas. Has Kazakhstan started to sell gas?
There is also the Russia-China "Power of Siberia" and in the future Russia-Mongolia-China "Power of Siberia 2".

Power of Siberia is supposed to send 38 bcm/year to China when the gas fields in Siberia have ramped up. Currently capacity to China is around 5 bcm/year. The total pipe on the Russian land segment is capable of 61 bcm/year but part of the gas will be sold to Russian customers on the Far East.

Power of Siberia 2 might have 80 bcm/year capacity and will transport gas from the Yamal peninsula to Mongolia and China. Some of the gas will be used in Russia and Mongolia but it will likely have more capacity to China than the Power of Siberia. Plus the gas fields are huge and mostly already developed unlike the ones for Power of Siberia.

The Central Asian Gas pipelines have significant capacity and it has been increased not that long ago.
It has three lines A, B, C with a combined capacity of 55 bcm/year. That is about the same as Nord Stream for example.
They are building line D with a capacity of 30 bcm/year which is supposed to be built by next year.
Please, Log in or Register to view URLs content!
China is the only major customer of Central Asian natural gas
 

Michaelsinodef

Senior Member
Registered Member
It has reached a point of no return recently. It is like asking why they didn’t allow three children recently. There are a lot of vested interests in real estate .
Eh didn't they start taking action with the 3 red lines (for loans) policy like a year ago?

Still maybe too late, and while some of the ghost cities western media reported is getting filled up, it can be argued that they might still have gone overboard at least.
 
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