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2015-08-24 18:20:00

RUSSIA & CHINA DEAL

RUSSIA & CHINA DEAL

Russia's energy pivot toward Asia faces its sternest test early next month when President Vladimir Putin visits Beijing amid slumping oil prices and concerns over China's economic slowdown.

While Gazprom PJSC said on Aug. 18 that talks over a second natural gas supply contract with China are "showing good dynamics," the Beijing government damped Russian hopes that a deal will be signed on Putin's two-day trip starting Sept. 2.

China and Russia aren't targeting a deal during the visit as the more than 50 percent slump in crude over the past year complicates talks, Interfax news service reported Friday, citing…

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Tags: RUSSIA, CHINA, GAS
Chronicle:
RUSSIA CHINA DEAL
2019, June, 25, 13:10:00
OIL PRICE: NEAR $64 ANEW
Brent crude futures were down 12 cents at $64.74, U.S. crude futures were up 3 cents at $57.93 a barrel.
RUSSIA CHINA DEAL
2019, June, 25, 13:00:00
US, IRAN SANCTIONS ANEW
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RUSSIA CHINA DEAL
2019, June, 25, 12:55:00
US CAN CLOSE HORMUZ
U.S. President Donald Trump said on Monday that other countries, including China and Japan, should protect their own oil tankers in the Middle East.
RUSSIA CHINA DEAL
2019, June, 25, 12:50:00
U.S. FINANCIAL RISKS UP
In addition, a number of medium-term risks are growing. The financial system appears healthy but vulnerabilities in leveraged corporates and, potentially, in the nonbank system are elevated by historical standards. An abrupt reversal of the recent supportive financial market conditions or a deepening of ongoing trade disputes represent material risks to the U.S. economy, with concomitant negative outward spillovers. The U.S. public debt-to-GDP ratio is on an unsustainable path and is expected to continue rising throughout the medium-term, as aging related spending rises.
RUSSIA CHINA DEAL
2019, June, 25, 12:45:00
GAS DEMAND WILL UP 46%
Dr. Sentyurin also highlighted that - according to the Forum’s projections - by 2040, the demand for natural gas is expected to increase at an annual average pace of 1.7%, corresponding to overall growth of 46%. Most of this demand growth will come from the Asia-Pacific region, with Europe continuing to be an attractive market for many gas producers.
RUSSIA CHINA DEAL
2019, June, 25, 12:35:00
CHINA, BRITAIN NUCLEAR TECHNOLOGIES
UK-based research and development company Innovative Physics Ltd (IPL) and China Environmental Protection Company Ltd (CEPC) have signed an agreement on technologies and skills to further improve the safety of nuclear power plants in China and overseas.
RUSSIA CHINA DEAL
2019, June, 24, 12:30:00
OIL PRICE: NEAR $65 YET
Brent crude futures rose 0.7% to $65.66 per barrel, near Friday’s three-week high of $65.76, while U.S. crude futures were up 1.1% at $58.07, standing at its highest in over three weeks.
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