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| China-Russia relations; re-titled thread | |
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| Tweet Topic Started: May 19 2014, 06:32 AM (346 Views) | |
| MSantor | May 19 2014, 06:32 AM Post #1 |
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Putin trying to secure more buyers for Russian gas: Interaksyon
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"If you think you can do a thing or think you can't do a thing, you're right." - Henry Ford "Courage is going from failure to failure without losing enthusiasm." - Winston Churchill "If everyone is thinking alike, someone isn't thinking"- Gen. George S. Patton | |
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| MSantor | May 21 2014, 10:35 AM Post #2 |
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Ha! No gas deal for Vladimir.
Edited by MSantor, May 21 2014, 10:36 AM.
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"If you think you can do a thing or think you can't do a thing, you're right." - Henry Ford "Courage is going from failure to failure without losing enthusiasm." - Winston Churchill "If everyone is thinking alike, someone isn't thinking"- Gen. George S. Patton | |
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| Hong Nam | May 21 2014, 03:26 PM Post #3 |
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Bought by China
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Did China Just Checkmate Russia in Ukraine? The Fiscal Times By David Francis 11 hours ago Russia's long-term plan to keep its economy growing was to turn away from a stagnant energy market in Europe and grow ties with China, a country that will soon have the largest economy in the world. The cornerstone of this plan was an energy deal that would allow Gazprom, Russia's state-owned energy giant, to pump billions of cubic tons of natural gas to China. The deal was supposed to be signed today. Reuters reports that the deal has fallen apart. With the crisis in Ukraine continuing, China pushed the price of the gas lower and lower. Energy experts expected Russia to accept the lower prices in order to diversify exports. But this news puts Russia's Asia strategy in serious doubt. The Russia-China strategic partnership had been in the works since Russian President Boris Yeltsin and Chinese President Jiang Zemin announced it in 1996. It also has serious implications for the Ukraine crisis. One of the reasons Russia sought the partnership with China was to wean itself off of European energy money. If it diversified exports, the relationship with Europe became less important and Europe would lose leverage over Moscow. This could free Russia up to act across Eastern Europe as it has in Ukraine. The Fiscal Times / Yahoo |
![]() Constructions Mecaniques de Normandie - C Sword 90 | |
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| MSantor | May 21 2014, 09:06 PM Post #4 |
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Seems both of us spoke too soon, since the Financial Times is now reporting that a natural gas deal was just signed between China and Russia.
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"If you think you can do a thing or think you can't do a thing, you're right." - Henry Ford "Courage is going from failure to failure without losing enthusiasm." - Winston Churchill "If everyone is thinking alike, someone isn't thinking"- Gen. George S. Patton | |
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| Hong Nam | May 22 2014, 12:02 AM Post #5 |
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Bought by China
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We should have waited a bit longer.China and Russia's Gazprom sign key gas agreement Katy Barnato 2 Hours Ago Russia's state-controlled Gazprom signed a long-awaited megadeal to supply gas to China on Wednesday, which could ease the impact of Western sanctions on the country. The deal would see Gazprom—the world's largest extractor of natural gas—supply 38 billion cubic meters of gas to China annually for 30 years, according to Reuters, under a contract valued in excess of $400 billion. CNBC |
![]() Constructions Mecaniques de Normandie - C Sword 90 | |
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| MSantor | May 23 2014, 01:53 AM Post #6 |
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Another major update that came out of this visit: Al Jazeera
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"If you think you can do a thing or think you can't do a thing, you're right." - Henry Ford "Courage is going from failure to failure without losing enthusiasm." - Winston Churchill "If everyone is thinking alike, someone isn't thinking"- Gen. George S. Patton | |
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| MSantor | Sep 3 2014, 04:24 AM Post #7 |
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IIRC, experts have said that while the EU may tolerate Russia shutting off the gas, China may not, given the voracious energy demands of their growing economy. Source: Yahoo Finance And the oil pipeline goes ahead:
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"If you think you can do a thing or think you can't do a thing, you're right." - Henry Ford "Courage is going from failure to failure without losing enthusiasm." - Winston Churchill "If everyone is thinking alike, someone isn't thinking"- Gen. George S. Patton | |
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10:28 PM Jul 11