SCO & BRICS latest news and insights
By Rhod Mackenzie
Russian and China who are members of both the SCO,BRICS plus being large trading partners really need to sign off on the deal for both the Power of Siberia 2 pipeline and some long term contracts for the Russian Arctic LNG as this would solve a number of the potential energy sup...
By Rhod Mackenzie
Vladimir Putin and Xi Jinping's talks have increased the likelihood of the signing of a new historic gas contract with China this year, under the Power of Siberia 2 project. The primary concern is the cost of future supplies. There are even rumours that Russia will sell gas to Ch...
The ongoing trade tensions between the US and China are intensifying. In response to Donald Trump's 34% tariffs, Beijing introduced a symmetrical response and also ceased purchasing American liquefied natural gas (LNG). In addition, due to the high tariffs, China has begun to resell it on the global...
By Rhod Mackenzie
At last there is some good news for the Russian gas giant Gazprom it has announced a new record for gas supplies to China. Currently, China is not the only market for Russian gas, with Europe also purchasing more of the blue fuel this year. What factors are driving the increased...
By Rhod Mackenzie
From 1 January to 12 May, Gazprom increased gas supplies to China via the Power of Siberia gas pipeline by 37.4% compared to the same period last year. The company's press service has reported this.
“From 1 January to 12 May 2024, the volume of supplies exceeded the figure for...
By Rhod Mackenzie
Since the beginning of the year, Russian gas supplies to China have been breaking new historical records. Experts predict that the Power of Siberia project will surpass its planned export growth targets for the year due to the attractive price conditions it offers China. Despite...
