Дорогие друзья! Больше трех лет я рассказываю вам об основных новостях, событиях, трендах на мировом рынке нефти и газа. Я делаю это бесплатно и без рекламы. Поэтому я прошу вас о помощи. Wognews нуждается в развитии. Вас больше 20 000 человек из более чем 80 стран мира. Если каждый пожертвует небольшую сумму денег, 500 или 1000 рублей, или больше, wognews станет лучше. Спасибо, Владимир Виноградов, основатель wognews.

Dear friends! For more than three years I've been telling you about the main news, events, trends in the world oil and gas market. I do it for free and without advertising. Therefore I ask you for help. Wognews needs development. You are more than 20 000 people from more than 80 countries. If each donate a small amount of money, $10, $20, $30 or more, wognews will become better. Thank you, Vladimir Vinogradov, the founder of wognews.
2014-06-03 18:55:00

RUSSIA & CHINA: $25 B PRE-PAYMENT

RUSSIA & CHINA: $25 B PRE-PAYMENT

Russian steelmakers such as Severstal and MMK will benefit from a landmark 30-year deal for Russia to supply natural gas to China that will require huge construction projects, ratings agency Moody's said on Monday.

The deal, worth more than $400 billion, was signed last month, marking a triumph for Russia as it risks losing European gas customers over Moscow's annexation of Ukraine's Crimea peninsula earlier this year.

Russia and China have agreed on a $25 billion pre-payment under the deal, bolstering Moscow's plans to invest $55 billion in exploration and pipeline construction to China.

"The deal entails developing two gas fields and building a 4,000-kilometre pipeline. The project will require substantial quantities of oil country tubular goods (OCTG) pipes and large-diameter pipes (LDP). The demand will positively affect TMK, Severstal, and MMK," said Moody's.

It warned, however, that even if tendering for the contruction projects begins in the third quarter, the prompt positive effect on the companies' near-term order backlogs is unlikely to be enough to affect their ratings.

Under the deal, Russia plans to begin delivering gas from 2018, building up gradually to 38 billion cubic metres (bcm) a year. The gas will be transported along a new pipeline linking Siberian gas fields to China's main consumption centres near its coast.

"We estimate that the total project investment will exceed $55 billion over 2014-19," said Moody's.

reuters.com

Tags: RUSSIA, CHINA, GAS

Chronicle:

RUSSIA & CHINA: $25 B PRE-PAYMENT
September, 22, 08:50:00

RUSSIA - KURDISTAN INVESTMENT

Instead, with the planned referendum just days away, Russian state oil giant Rosneft announced its latest investment last week, to help Iraqi Kurdistan develop its natural gas industry, for domestic supplies and eventual export.

RUSSIA & CHINA: $25 B PRE-PAYMENT
September, 22, 08:45:00

IRAN'S GAS EXPORT: ABOVE 5 BCM

Iran exported over 5 billion cubic meters (bcm) of natural gas during the first five months of the current Iranian calendar year (March 21-August 22), Dispatching director of National Iranian Gas Company (NIGC) announced.

RUSSIA & CHINA: $25 B PRE-PAYMENT
September, 22, 08:40:00

IRAQI OIL TO U.S.

Gazprom Neft has shipped its second and largest cargo of Iraqi crude to the US since the Badra field, its flagship overseas oil project, came on stream in 2014, the Russian oil company said Tuesday.

RUSSIA & CHINA: $25 B PRE-PAYMENT
September, 22, 08:35:00

QATAR - TURKEY LNG

Qatargas has agreed to sell 1.5 million tpy of LNG to Turkey’s BOTAŞ Petroleum Pipeline Corporation (BOTAŞ) over a period of three years

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