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Russia Nears Completion Of Second "Holy Grail" Gas Deal With China
Six months ago, something few had expected would take place in 2014, or even in the coming years, happened: under Western pressure and out of a desire to diversify away from an increasingly hostile European market, Russia signed the so-called "Holy Grail" gas deal with China, pivoting away from the west and toward with Beijing.
As part of the deal, the two nations reached a $400 billion agreement to construct the Power of Siberia pipeline, which will deliver 38 billion cubic meters (bcm) of gas to China. The compromise was a lower price than Gazprom would have otherwise hoped for, however in taking a cue right out of Amazon, "Russia would make up in volume what it lost in price." This eastern route will connect Russia’s Kovykta and Chaynda fields with China, where recoverable resources are estimated at about 3 trillion cubic meters.
And then today, with little fanfare, Russia's president Putin - whose economy is said to be reeling as a result of a plunging currency, paradoxically something Japan would love to be able to achieve on such short notice - told the media ahead of his visit to the Asia Pacific Economic Conference on November 9-11, that Moscow and Beijing have agreed many of the aspects of a second gas pipeline to China, the so-called western route, or as some already are calling it, the "second holy grail."
“We have reached an understanding in principle concerning the opening of the western route,” Putin said. "We have already agreed on many technical and commercial aspects of this project laying a good basis for reaching final arrangements,” the Russian President added.
As RT reports, the opening of the western route, the Altai, would link Western China and Russia and supply an additional 30 bcm of gas, nearly doubling the gas deal reached in May.
Once the Altai route is completed, China will become Russia’s biggest gas customer, able to receive up to 68 bcm of gas annually, surpassing the 40 bcm Russia supplies Germany each year.
Furthermore, now that the western embargo against Russia has made any ongoing cooperation between the western majors and Russia, especially in the Arctic region, virtually impossible if only for the time being, Russia has no choice but to entice China to accept the part of the provider of capital investment and technical know how (arguably reverse engineered from the best western firms). Which is why Russia has already offered Chinese companies a stake in large energy fields. In September, Russia’s largest oil company, Rosneft, offered China a share in its second-largest oil field, Vankor in the Krasnoyarsk region in Eastern Siberia. The area is estimated to have reserves of 520 million metric tons of oil and 95 billion cubic meters of natural gas.
“We have built and put into operation an oil pipeline from Russia to China and concluded agreements providing for the increase in crude oil supplies,” Putin said.
China will participate in joint exploration and extraction of crude oil and coal in Russia, and work on a jointly funded oil refinery in China has started.
And while Putin will be planning how to further expand the Russia-China energy symbiosis without losing too much of his own leverage, he will be joined by Russia's Foreign Minister Sergey Lavrov, who will reportedly meet with his US counterpart John Kerry. Judging by the recent escalation in Ukraine, the two will have much to discuss.
And yet, it is increasingly the case that Russia is happy to leave the west and its petrodollars behind (something Obama is hardly excited about), instead chosing to be paid in Gas-o-yuans or rubles.
“Strengthening ties with China is a foreign policy priority of Russia. Today, our relations have reached the highest level of comprehensive equitable trust-based partnership and strategic interaction in their entire history. We are well aware that such collaboration is extremely important both for Russia and China,” Putin President said.
And as Europe slowly slides into depression having lost a major trade partner, China's trade with Russia, and obviously vice versa, is surging: overall trade between Russia and China increased by 3.4% in the first half of 2014, reaching $59.1 billion, and the two neighbors expect annual trade to reach $200 billion by 2020. China is Russia’s second-biggest trading partner after the EU.
And just in case the two host central banks opt out of wiring or reciving USD-denominated payments, or are prohibited to do so should SWIFT escalate and expel Russia from the organization, recall that the central banks of the two countries recently signed a three-year ruble-yuan currency swap deal worth up to $25 billion, in order to boost trade using national currencies and lessen dependence on the dollar and euro.
Said otherwise, front page coverage of Russia, and its Chinese pivot, may have slowed down in recent weeks, but the motions behind the scenes are anything but over. And while the developed world is increasingly withdrawing from trade with itself and the BRICs, instead relying increasingly more on outright currency devaluation to boost "wealth", it is the two superpowers of China and Russia that are approaching the future the right way. The "exorbitant privilege" of having their own reserve currency will arrive in due course.
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Heads are exploding at The Zio-US State Department and at ZATO.
Seems Russia can always export balls of steal too. That and timezones.
----->in Ruble, Yuan or Gold?
----->in US$
Everyone has a plan until they get punched in the mouth.
-guess who?
Interesting take on Putin:
http://www.storyleak.com/putin-defies-the-west-leads-brics-alliance-away-from-nwo-reservation/
Will there be any gas left for the Euroshitz?
I guess they can fart and light them up to stay warm.
Also must suck to lose a huge Russian market for the sake of tens of millions of USA Welfare queens.
''He who controls the world island controls the world''
Russian resources plus Chinese manufacturing and markets, who needs the world. Especially when its only American debt and wars anyway.
America ruins the world to rule it.
Listen.
Funny how they just ignore the USSA. That's what pisses those fucking egomaniacal Americans off the most.
THey "THINK" that they control all in the world. "THINK" American Zero's, think.
World's hard-on for putin and yo-men-ilk gonna bite them not on the ass but in it.
One day they will all fondly remember when Americans ran things.
Like Putin said 'Play time is over.'
Meanwhile Ayatollah Obama the Golfer in Chief will probably be summoned before the house of Rothchild's to explain US failures...
When Vlad said play time is over, he meant that he's getting cranky and he needs to be put down for his nap.
Time for ISIS to learn how to cross country ski...
Just imagined that. Laughed by butts off. ISIS going into Russia does not have even smallest chanse to survive
H/T Pinto; one of the more interesting reads I have come across lately... http://www.storyleak.com/putin-defies-the-west-leads-brics-alliance-away-from-nwo-reservation/ A bit too ebullient in tone, but consistent with what I have observed.
interesting this was referred to by Pinto C. above and then here, in a short space...
here's another one, in a space of 2 days: http://www.caseyresearch.com/articles/putin-signs-secret-pact-to-crush-n...
coincidence, or all playing out according to an agenda?
Burnoose, Burkha, tablecloth on the haid ain't no substitute for this... :>D
"One day they will all fondly remember when Americans ran things."
Sure.
All those countries that were the beneficiaries of the 201 attacks the US did on them are going to remember them fondly.
Idiot.
The Zionists are scared. America is the host and they are the parasites.
The host is dying.
They are trying to kill the host in a JIT manner. It still make happen.
Where will the parasites go when their host is dead?
I thouht they were already taking Chinese Brides, Look at Mordechai Murdoch and Pimplestein Zuckerberg to name just a few
It is the 2nd time in 80 years . First they killed Germany now it's the USA turn .
http://www.biblestudysite.com/judeawar.htm
Where will the tribe from hell go ?
Israhell needs billions to survive every year and people are already escaping from it . May be return to Germany and do their usual crap as usual , infiltration , political control, looting ... destruction ?
Maybe the Eurotards can join the USSA in boycotting China next.
They can't go to China, change their name from Kohn to Kerry and hope nobody notices. No Jews in China. They are onto them. They export stuff to American retailers and take thir money, but they are not allowed into any position of influence inside China.
Can't say that Murdoch isnt trying to get a foothold in China, I am sure his two little CHEWIES will be groomed and financed by the World J Congress/Red Shields to take over all media in China in the future
"Will there be any gas left for the Eurosluts?"
A: Yes... "We will fart in your general direction and wave our private parts at your aunties -- you English bed-wetting types, you sons of window dressers."
Another interesting take on Putin taking business away from the NWO reservation.
Except this is the CIA's take delivered through German media. You already know what the CIA wants everyone to think about Putin. This story is about how fast the German public DUMPED the major online news outlets when this was revealed. Unintended consequences. Turns out they don't care to be spoon-fed U.S. propaganda. Who would have thought?
I remember back in the day when the CIA's evilness was top-notch and respected by fascists and despots alike throughout the known world.
They must have outsourced in the last decade - quality has gone right down the tubes.
Maybe Amerikans may wake up someday and drop Z-TV and Ziollywood run by Rahm's brother the agent and his pals.
This story is about how fast the German public DUMPED the major online news outlets when this was revealed. Unintended consequences. Turns out they don't care to be spoon-fed U.S. propaganda. Who would have thought?
I remember back in the day when the CIA's evilness was top-notch and respected by fascists and despots alike throughout the known world.
They must have outsourced in the last decade - quality has gone right down the tubes.
The internet is making their job exceedingly difficult. Most people can't see the bullshit until someone unpegs their nose and then they say - whoa! how did I not see that it's all bullshit? The smell is overpowering!
The internet is the great sinus-clearer. And that's why they're trying to get internet neutrality ended - it's the beginning of getting the tools in place to enable internet censorship.
Pinto Currency
I think you’ll appreciate this.
It’s by “Foreign Affairs”, the journal of the Council on Foreign Relations, that’s as central to the ruling establishment, as you can get.
Here’s a ‘Quick’ Excerpt:
Elites in the United States and Europe have been blindsided by events only because they subscribe to a flawed view of international politics. They tend to believe that the logic of realism holds little relevance in the twenty-first century and that Europe can be kept whole and free on the basis of such liberal principles as the rule of law, economic interdependence, and democracy.
But this grand scheme went awry in Ukraine. The crisis there shows that realpolitik remains relevant -- and states that ignore it do so at their own peril. U.S. and European leaders blundered in attempting to turn Ukraine into a Western stronghold on Russia’s border. Now that the consequences have been laid bare, it would be an even greater mistake to continue this misbegotten policy.
http://www.foreignaffairs.com/articles/141769/john-j-mearsheimer/why-the-ukraine-crisis-is-the-wests-fault
Thanks Escrava
Europe and the US seem to understand now the complete stupidity - never mind the destructiveness - of this game played in Ukraine.
And reality waits at the front door with a frying pan to pound Andy Cap at the end of the night.
...the United States had invested more than $5 billion since 1991 to help Ukraine achieve “the future it deserves.” As part of that effort, the U.S. government has bankrolled the National Endowment for Democracy. The nonprofit foundation has funded more than 60 projects aimed at promoting civil society in Ukraine, and the NED’s president, Carl Gershman, has called that country “the biggest prize.”
LOL another AIPAC jobs program success story eh Carl Gershman? Right up there with all the other schmucks in the administration and their Uncle Tobama
The future it deserves according to the US means a total slave to the dollar and lebensraum for the J crew looking for large estates of cheap valuable farmland. Crimea was supposed to be their Tel Aviv 2.0 but it didnt quite turn out the way they planned, after all Crimea has some of the best coastline, if not the best, to be found in ALL of Europe, Mediterranean or Black Sea. I am sure Nuland had dibs on some of the Mansions built by the nobility during Czarist times. She would of gone by her pet name... CZARINA of the CRIMEA, I mean the tribe loves the title Czar, didnt one of them just become Ebola Czar
Carl Gershman, from Wikipedia:
In 1968, he worked in the research department of B'nai B'rith, and in 1972 he served on the Governing Council of the American Jewish Committee.[5]
Great. Another fucking Irishman.
Hey Pinto ~ Thanks for that article link <above>. It was fantastic.
So Putin can negotiate two pipelines with China in a few weeks,
and Barry can't handle a done deal with Canada in six years?
How do you say pussy in Ruskie?
How do you say pussy in Ruskie?
obama!
How do you say pussy in Ruskie? - pussy as a woman organ - pizda
"...and Barry can't handle a done deal with Canada..."
Well, there's your problem, right there.
Well played, Sir. Lot's of truthiness in that contrast.
Two PR shots.
More about the intended audience than anything else.
Still says a lot.
I was thinking that O doesn't do well with Canada's national animal: the Beaver (biol. Castor Canadensis), which sounds an awful lot like a "Canadian castration".
Not keystone XL but, quite creative.
http://www.vice.com/read/this-canadian-artist-halted-pipeline-development-by-copyrighting-his-land-as-a-work-of-art-983
It's not that Obozo can't close the Keystone pipeline deal, it's Uncle Warren doesn't want it closed. He's making a fortune having the oil brought over by rail.
Bingo! A few of us (myself included) have made the same observation last year.
Nice to see an informed blogger, not just an opinionated one. :-)
Kaiserhoff
If you read the first sentences it says Russia is getting well less than what it gets from Europe for gas. It also doesn't say who is paying for the pipeline and infrastructure. In the first pipeline Russia was paying for the pipeline , pumping stations (equipment possible sanctioned hence they will have to use the Chinese "knock-offs") right up to the border and China was paying for the distribution network within China. Since Russia is sucking for capital it seems the second pipeline will also be nearly free gas and China will up front some of the infrastructure in Russia. This really doesn't sound like a win-win for Russia in either pipeline. Just saying. How is the weather in St. Pete? +4
nearly free gas?
Pussikie.
Read here for unbiased reporting: http://www.news.com.au/world/europe/ukraine-says-russia-has-sent-in-tank...
And a laugh.
Unbiased? LOL! The Aussie and NZ See Eye Aye newspapers reported JFK's murder by LBJ-MIC before any bullets were even fired. They screwed up the timing on that one.
You get it....
My Man Crush for Putin keeps getting bigger and stronger. We have yet to have a leader like this of the United States since I have been alive.
May God forbid we ever do.
Stop seeking others to lead you and LEAD YOURSELF.
That's because he is not a politician.....he is KGB.......he does not think like a politician.
"That's because he is not a politician.....he is KGB.......he does not think like a politician."
Yes, he is and he does. Back then, the KGB was the closest thing to Harvard's Department of government you could get in the then-USSR. America is the country where politicians don't think like politicians. More like crafty businessmen, I'd say.
KINDA LIKE GEORGE BUSH SR??? MR. CIA himself!
my roomate's step-mother makes $75 hourly on the internet . She has been without a job for 5 months but last month her paycheck was $20377 just working on the internet for a few hours. Get More Info... www.Yelptrade.com
Her poor vagina must be floppier than dumbo's elephant ears after that much 'working on the internet'
She has a deal for first timers...$15 bucks. Damn $20377 divided by $15 =1358 Tricks.....She is one busy girl.
Better than my math.
Your roommate's stepmother is a truck stop hooker and meth head.
Best magazine cover ever.
In Korea, no Irish need apply!
http://tinyurl.com/pxygp5z
Lol. I think the Koreans per capita alcohol consumption is 10x that of Ireland. They're the biggest drunkards in Asia.
We are already in a economic war with Russia.
- Notice IMMEDIATELY AFTER THE ELECTION - how Putin orders whole tank columns into the Ukraine?...
- Saud and OPEC nations are deliberately dumping oil onto the market at supressed rates with the full intention of choking Russian revenue.
- Clearly CIA operations are in full swing against Russian markets, and the Russian currency which is tumbling.
- Russia is countering with large gas deals with China, and embargoes of NG to Ukraine.
- Putin orders up a plethora of Northern bases and power projection points into the high artic.
China ain't no dummy.
They see how Putin is using oil/gas to grab Europe by their short & curlies.
China will distribute the imports to not become dependent on one source.
Really ?
Putin has made a point of not doing that. Europes problems are self inflicted by
sucking Uncle Scams flagpole, and backflowing gas to the Uke nazis.
Ukraine is another matter, but I'm sure you would expect to get cut off if you didn't pay
your utility bills.
"...Putin is using oil/gas to grab Europe by their short & curlies..."
Is that what NYT-CNN-AP-WaPo-ABC-CBS-MSNBC-Fox-HuffPo-Reuters-BBC-NPR-PBS… is claiming?
Actually Russia (I believe that's what you meant by "Putin") has never reneged on a contract, and certainly not for political reasons — an odd concept for the US that, unlike Russia, has nothing to offer the world except arrogance, followed by threats, followed by chaos, destruction, and death.
>>>the US that, unlike Russia, has nothing to offer the world except arrogance, followed by threats, followed by chaos, destruction, and death.
Accurate enough, but you're forgetting America's cutting-edge financial innovation. That, and the current broadcast season is packed with real game-changing programs. And.... there's Obama!
You just forget the trifle WWII
China ain't no dummy.
Now there's a statement to conjour with.
So, countries now have intentions??
The American psychopaths play silly games with the Chinese psychopaths while the Russian psychopaths play games with both.
Meanwhile, the rest of humanity tries to feed, clothe and house themselves as the aforementioned psychopaths steal more and more from them.
Wake the fuck up, folks.
Face the real problem.
The whole world is run by psychos, it's just some are more powerful than others
Ultimately, society must reward those that create value, nor parasitic control of the money supply.
Massive Chinese bitcoin factory.
http://www.thecoinsman.com/2014/08/bitcoin/inside-chinese-bitcoin-mine/
Whats his name? Fonestar? he loves you
Silly you ~ This is fonestars bitcoin factory.
http://ciburbanity.com/wp-content/uploads/2013/08/super-computer-nerd.jpeg
Amazing! Freddie that was eye~opening.
Nice work
LOL! Isn't that wild? I ran across it. And guys, I am not pimping bitcoins.
What I found odd was anyone who has ever been in a US server room, they are usually 50 F degrees or colder. The bitcoin mine in Iceland circulates icewater and practically opens the windows in winter. LOL!
This Chinese one is practically in a jungle and the temp is 105 deg F. Poor bastards working there.
Here is the one in Iceland.Really short video but cool.
http://dealbook.nytimes.com/2013/12/21/into-the-bitcoin-mines/
That was an excellent link, Freddie, to the Chinese BTC miner. I wonder if that may be the well-known (infamous) "Discus Fish" mining pool, they are No. 1 in hashing power worldwide, with some 27% share. Take a look:
https://blockchain.info/pools
Here is another preety cool story that is BAD news for SillyCreep valley companies with hardware and software filled with spy shit. Looks like the Chinese are building an En Ess Ahey proof network from Shanghai to Bejing. Fiber optic cable with a photon encryption.
I wonder how many countries and companies would like to buy this type of technology from China and Chinese hardware that could be spy-proof? No one will really want that old IBM shit now. They did it to themselves.
http://www.telegraph.co.uk/news/worldnews/asia/china/11216883/The-scienc...
Great story. Thanks for the link.
Early chronicles of derivative digital slavery and proto beta Matrix methinks
What a waste when all that computing power could be used to help find cures for diseases: http://folding.stanford.edu/
those poor chinamen. Probably have the black lung by now working in those horrid conditions.
They built the last railway didn't they?
I wish Amerika could find a cure for Obola. I am afraid this round of Nov election medicine means just a minor slowing of the disease.
Stanford? LOL! Hotbed for the intel agencies, MIC and the police state.
Well, you know, if there are actually bright kids there actually trying to cure diseases like Alzheimer's, good on them.
I have to hope, dream, and try; it's all I've got left.
is that the one that caught fire??
No. Thailand.
http://www.coindesk.com/gallery-fire-destroys-thai-bitcoin-mining-facility/
http://bitcoinexaminer.org/fire-destroys-massive-bitcoin-mining-operatio...
This one is kind of funny with guys making fun of the wiring and how the server room was constructed.
http://gizmodo.com/a-huge-fire-took-out-a-bitcoin-mining-operation-16559...
The loss of machines in the Thailand fire was about $3.6 million in hardware. It was a cheap building and server room setup with terrible wiring. Probably an electrical fire.
That was an amazing read...Thanks.....THey don't say how many coins they mine...$60,000 a month in power bills...damn.
china and russia sitting in a tree
Shitting on Yellen's head for you and me.
Awesome... never miss a chance these guys.
Why would China wish to rely on the HOUSE OF SAUDOMY?
A big FUCK YOU TO SMERKEL & MIC.
Hard to root for the U.S. and Europe after 2009 and the bailouts isn't it?
Go Russia, from a U.S. native.
no this is some "change you can believe in..."
"bye, bye Miss America pie..."
I doubt the Ruble will ever be considered a "reserve" currency by anyone. Certainly not by the West and certainly not by the Chinese. And when China pays Russia for all of that nat gas in Yuan, I'm sure the Russians will have a fun time spending it all at the great shopping mall of China.
@ ml8 DoubleDick
Better than the Chinese or Russians spending it on a GMO Toastie from MacCLONEalds or Bugger Me King.
Ehhh that is where the world shops dummy. Why pay extra for using dollars and feeding the machine designed to destroy you.
The US and US Dollars are just a middleman that China and Russia no longer need along with the others BRICs and others.
Exactly, and if Europe keeps on being idiotc and USA lapdog, the Russkies will STOp buying anything from Europe.
/START SARCASM
Do you know how much this will benefit Europe's economy? Oh yeah....
/END SARCASM
Sorry to spoil you party but the shopping malls "of America" are choke full of Chinese shit ! Try to buy something else and you have a BIG problem...
I remember some traders bottom fishing usd/try last year.
He's a real," Paragon of Virtue"
and his sidekick
Off on one of my NATO rants.
What I wanna know is who the hell put the degenerate NWO in charge of the western world. Those jerks are morons.
You can start at Woodrow Wilson, and hope he's burning in whatever afterlife you prefer.
I don't claim to be a foreign policy wonk (I did sleep in the Ohare Holiday Inn once) but Russia and China are exposing the bare ass backside of Uncle Scam and what U.S. policy makers are doing to the russian ecomomy is chapping the russian peoples ass raw. Even during the coldest days of the cold war the russians secretly cheered for the United States.
You can kiss those days goodby because this government of ours has blown the shit out of a mountain of good will for generations to come.
Yes but everyone must realize that the scum running the old USSR are the same scum running the west now. Nudelam, Kagan, Schumer, Soros and their ilk. Same people who's relatives left NYC in 1917 or so to start the Russian Revolution and who murdered the czar and his family. Backed by western Z-banksters
Putin threw most of them out and Soros and the other zoligarch scum want Russia back.
Soros and his AIPAC-oligarch ilk own Congress and the White House especially McCain. McCain is in Syria and Benghazi with ISIS, he is with Soros in Davos, he is in Kiev with Porky, Yats, the hedi hair witch and the rest of the Ukie Zoligarchs.
I sure hope the Russians realize that this same Nudelman scum were the same people who MURDERED tens of millions of Christian Russians. Putin has even gone on record saying essentially that.
Well said.
5000 Russian Leaders Oppose Zionist Supremacism
http://www.rense.com/general63/5000.htm
Wow, there are Friggin Holy Grails all over the friggin place!!!!
putin is the rockefeller of eurasia, bringing china full speed ahead into the 21st century.
keep that coal in the ground, tony ;-)
we don't want to be pollutin' the environment with nearly double the C02 emissions.
complete lack of humor for at least 4 hedgetards.
or, stupidity?
stupidity, yes...
yours
that comparison was inane
try not to limit your imagination.
such wasted potential.
Check to the dollar. Your move.
The banksters to Putin: "You sank my dollar!"
An American, not US subject.
So basically anything that the US has prohibited from selling to the Ruskies can be acquired via the Chinese.....
Petroruble?
USA buy all from China...
Is that what they claim in Pravda? Just exactly who is China's #1 trading partner? Don't worry, I'll wait right here while you go check with the boss.
You back?
Okay then, so the idea is that Russia is going to get rich by selling cut rate gas to the Chinese, who will use this bonanza to make goods to sell to the Europeans and rake in a bunch of money-- a small pittance of which they will loan to the moronic Russians who managed to get themselves banned from selling to the big rich markets of the world through their oafish and menacing conduct.
This is what you'd call a triumph? Begging crumbs off the table of someone who is taking over all your business from your formerly best and closest trading partners? All because you want some crumbling coal mines that don't belong to you?
You guys may think you're the cat's meow on the chessboard but chinese checkers is definitely not your forte.
It ain't like the yuan is collapsing.
Closer than you realize. China keeps an iron grip on all financial stories coming out of the country.
You see what they want you to see. You think what they want you to think.
So does USA and EU. You really believe USA's data on inflation asnd unemployment? According to USS gov the inflation is 0.2%. Bought ANy food in any USA supermarket lately?
Boy I sure hope the opposite isn't true or they're phucked.
Space lettuce people! That's what will solve the worlds problems! Trust me on this!
You're not so smart.
The $350 per 1000 m3 is approx $10 per mcf.
In North America
Nymex 2015 is $4.04 per mcf.
And the Russian gas is produced using cheap rubles.
Not over-valued dollars.
Your ranting proves the fool.
Nice try, Rog, but you know, I repeat: you know that using an American mcf figure is being done strictly to mislead the casual readers. US domestic market is detached from world price due to flood of non-exportable frack gas. Right? Come on, just admit it. Right?
For this project, the Russian gas is produced using not-so-cheap Chinese yuan or it stays in the ground.
But let's take your own argument at its highly-misleading face value.
US price: 4.04
Price to China: 10.00
1) Looks like the US holds a huge competitive advantage to me.
2) Why would China pay 10.00 and have to fork out billions upfront for years in advance to finance the deal if it could find a better offer somewhere else?
3) The story itself says that GazProm is not happy at the price the Chinese gouged out of them but they have pissed off their regular customers and now have to take whatever shit deal China deigns to offer.
Thank you for playing and we do have some lovely parting gifts for you.
North America has very little gas export capacity.
Where is there a better deal for China? You do realize that transport of LNG across oceans is very expensive?
Transport of gaseous natural gas via pipeline is very cheap.
Which competitive advantage does US hold? Better drones for missile-ing brownie?
Maybe it is the honest leaders you have, or is it the football fans?
$350 to $400 per thousand m3 is not a shitty deal for either party.
Havent you heard? The "fracking miracle" will be over next week if not already. Better read up on the news bucko.
US holds huge competitive advantage?
That is some squirrely reasoning....
tarabel, you need to update your news and check your anti-russian propaganda:
US, NATO say no evidence of new 'Russian invasion' of Ukrainehttp://rt.com/news/203367-us-nato-russian-invasion/
Next time, maybe NATO needs to give the ukrainians some cameras or one of them new iPhones that have cameras on them so we can FINALLY see some evidence of that fantom "russiand invasion" Ukrane keeps on claiming.
Dont you feel stupid believing the 25 years of USA/NATO lies about iraq? I'd be ashamed to even open my mouth after I was made a fool 1 too many times.
tarabel
You are a hoot. "big rich markets of the world."
Ha ha. Don't you live here in Tripledipistan with everybody else?
You must be otherworldly. Nice.
The huge debt and derivatives is biggest rich market of all time...
Exceptional
China has openly stated that she is preparing for war with her #1 trading partner due to the US fucking over chinese interests in Africa,M E,Asia. Now China,Russia,India... BRICS are fucking over US,EU, creating an independent economy, free from US$$ influence. The US "Capital" ship has already sank, the lifeboats are rotten and the sharks are circling. It's only a matter of time before the inflated balloon "rigged markets" go BANG!!!
China has openly stated that she is preparing for war with her #1 trading partner due to the US fucking over chinese interests in Africa,M E,Asia. Now China,Russia,India... BRICS are fucking over US,EU, creating an independent economy, free from US$$ influence. The US "Capital" ship has already sank, the lifeboats are rotten and the sharks are circling. It's only a matter of time before the inflated balloon "rigged markets" go BANG!!!
useless talkings
Russia can buy it all on AliBaba. (sarc)
I posted above that this is sort of my idea but maybe others have said it elsewhere but it sort of boils it down to it's simplest form.
The US Dollar is like a middle man or a cost or a tax. Now Russia, China, the other BRICs et al will be able to totally bypass this "cost" or tax by this middleman the USA. Why will you pay a fee to someone who threatens, drones, boimbs, sanctions, etc.
The dollar, in my mind, is a dinosaur. The Internet and computers using some form of barter and a the yuan, gold or whatever will kill or are killing the dollar faster than Putin or China.
Who wants to pay this dollar tax? The sanctions and boycotts on Iran, Russia and others have only caused people to conceive ways to avoid the "dollar tax."
So then US FRN up another 5%, S&P up another 10% next week?
There's nothing in western China, wtf are they going to do with 30 bcm of gas?
I think China can make pipeline from western China to eastern China inside China...
Damn, utilizing critical thinking, impressive......
Uncle Warren will put a stop to that ~ lol
I see now where you get your name from, assuming you really are a donkey!
Obviously, its going to provide heat and light for all the ghost cities and nomadic encampments.
It won't be a Teamsters pipeline job that will take 20 years. The Russians and Chinese can probably install 10 miles of pipeline a day.
that's a stupid ass question
Altai is very expensve project.
It was rejected by this reason in 2006
http://www.forbes.ru/kompanii/resursy/272421-kto-i-kak-prinimaet-resheni...
Forbes is just another arm of the misinformation media arm of the Banksterz
Better than dealing with thieving Ukraine Oligarchs.
You think.
Turning Siberia into a Chinese extraction colony like darkest Africa is not my idea of a Russian diplomatic triumph but it may be yours. Perhaps we just have different understandings as to what truly constitutes national ankle grabbing.
Turning Siberia into a Chinese extraction colony- where are you got this infomation? mb you can give us a link? no? i think so too
Read the story, Zhukov. What does it say?
1) China is paying to build a pipeline through a wilderness area to provide gas to CHINA.
2) China is taking a direct interest in Russian oil fields.
3) China is providing the money, the engineering expertise, the steel (I assume), and the technology which the primitive Russians DO NOT POSSESS.
4) Without foreign assistance, none of these things are possible through the efforts of the Russians themselves.
To me, that looks like Siberia is being turned into a Chinese extraction colony. To you, it looks like a cunning plan from the great Mirova Putinova that represents fervent affirmation of the glory of the Russian State.
One of us is probably wrong.
So a Chinese extraction colony in Siberia
is worse than the american extraction colony
in Arabia?