BREAKING: INVASION HAS BEGUN..... Putin's "3-day war"... NOW... 1 YEAR 338 DAYS ...WAGNER HEAD SAYS GROUP STANDING DOWN AFTER CLAIMS OF DEAL
- Thread starter lightbright
- Start date
The airport pounded by cruise missiles
Yeah bruh Russia don't care about the sanctions the US will invoke because they have the backing of the 2nd biggest economy in the world which is China.pWorld this shit is way deeper than it looks…
Russia, China agree 30-year gas deal via new pipeline, to settle in euros
Chen AizhuFebruary 4, 20226:09 AM CSTLast Updated 20 days ago
Feb 4 (Reuters) - Russia has agreed a 30-year contract to supply gas to China via a new pipeline and will settle the new gas sales in euros, bolstering an energy alliance with Beijing amid Moscow's strained ties with the West over Ukraine and other issues.
Gazprom , which has a monopoly on Russian gas exports by pipeline, agreed to supply Chinese state energy major CNPC with 10 billion cubic metres of gas a year, the Russian firm and a Beijing-based industry official said.
First flows through the pipeline, which will connect Russia's Far East region with northeast China, were due to start in two to three years, the source said in comments that were later followed by an announcement of the deal by Gazprom.
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Russia already sends gas to China via its Power of Siberia pipeline, which began pumping supplies in 2019, and by shipping liquefied natural gas (LNG). It exported 16.5 billion cubic metres (bcm) of gas to China in 2021.
Russia-China plan new gas pipeline
The Power of Siberia network is not connected to pipelines that send gas to Europe, which has faced surging gas prices due to tight supplies, one of several points of tension with Moscow.
Under plans previously drawn up, Russia aimed to supply China with 38 bcm of gas by pipeline by 2025.
The new deal, which coincided with a visit by Russian President Vladimir Putin to the Beijing Winter Olympics, would add a further 10 bcm, increasing Russian pipeline sales under long-term contracts to China.
Gazprom gave few details about the deal in its announcement.
Russian gas from its Far East island of Sakhalin will be transported via pipeline across the Japan Sea to northeast China's Heilongjiang province, reaching up to 10 bcm a year around 2026, said the Beijing source, who asked not to be identified.
The deal would be settled in euros, the source added, in line with efforts by the two states to diversify away from U.S. dollars.
Discussions between the two firms began several years ago after the start-up of Power of Siberia, a 4,000-km (2,500-mile)pipeline sending gas to China. Talks accelerated more recently after Beijing set its 2060 carbon neutral goal, the source said.
"China's coal shortage last year served as another wake-up call that natural gas has its special value, that's why CNPC decided to top up with the new pipeline deal," the source said.
A CNPC representative did not immediately respond to a request for comment.
The pricing of the new gas deal will be similar to that of Power of Siberia, the source said, adding that both were "fairly satisfied" with that arrangement.
The deal is expected to weigh on China's LNG import outlook.
"Piped gas from Russia can be supplied to northern China at prices that are competitive when compared with LNG," said Ken Kiat Lee, analyst at consultancy FGE.
The IEA said in a report last week that China will remain the single largest country contributor to LNG import growth, but with a growth rate dropping to 9% in 2022 from 17% in 2021 due to the ramp-up of pipeline flows from Russia and the overall slowdown in gas demand growth.
We have all seen how diverse Putin's inner circle and Russian leadership is
CNN is showing a live stream of tanks crossing into Ukraine at the Belarus border
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I doubt it'll succeed, but if it did, Russia would lose its ability to prevent the UN from authorizing the use of military force. So if a country politically close to Russia like Syria were to get out of hand, Russia wouldn't be able to shutdown any efforts by the UN to intervene.
And the EU still needs oil…especially in this cold as winter
You noticed Germany didn’t say they was shutting down the Norm Stream 1 pipeline down
They're only sanctioning the pipeline to supply Europe. You think America will stop buying oil from Russia? Nah bruh.
Russia don't care.
Yeah.... a country full of ghost cities and a real estate market that's about to go boom...
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Nigga nobody gives a fuck about what she has to say
I've talked about this before but it's believed Nostradamus predicted this.
Did they really sanction the pipeline?
not the 1st one right?
I thought they Only stopped the certificates for the 2nd
It's crazy over there now!!... 
I have a few people on phone app/game I’m see what they said… they from RussiaIt's crazy over there now!!...
Tell them no thanks, I’m viewing multiple accounts…. I don’t have a dawg in this one, even tho I should because gasoline prices gonna be high as giraffe booty
He is fucking up a lot of people's money right now. They are going to take him out.
China got their back, I’m guessing
It's entirely possible we will see.
When they start receiving those dollar tree quality Chinese pharmaceuticals we'll see how shit goes lol
It's not completed building.
Biden sanctioning him from being allowed to pump across it.
Oooohh, I'm scared
I said something like that earlier…
cause we know how China licks its lips about controlling Taiwan