Russia And China Sign Gas Pipeline Megadeal

Bavaria

JF-Expert Member
Jun 14, 2011
48,415
2,000
Russia's Gazprom and China's China National Petroleum Corp. (CNPC) have signed a historic 30-year contract to supply natural gas to China, according to Russia Today and confirmed by Bloomberg. The total value of the contract is $400 billion, Gazprom CEO Aleksey Miller told RT, although the price in the document remains a "commercial secret." Negotiations have been ongoing for more than a decade.
The deal would send 38 billion cubic meters of natural gas to China each year, starting in 2018, with the potential to expand the annual capacity to 61 billion cubic meters.
The gas will be sent through a new eastern pipeline linking the countries. Reuters reports that Russia will invest $55 billion in gas exploration and pipeline construction and Beijing will give roughly $20 billion to Moscow as part of the agreement.
China consumed about 170 billion cubic meters of natural gas in 2013 and set a target of up to 420 billion cubic meters a year by 2020.
Europe is Russia’s largest energy importer as it bought more than 160 billion cubic meters of natural gas in 2013, but tensions and sanctions over Putin's meddling in Ukraine have Russia looking elsewhere.
Consequently, the deal is huge for the Kremlin since natural gas represents nearly 60% of Russia's total exports. That said, the amount of gas is still only about a fifth of what Russia sends to Europe.
[h=3] Gazprom
The new pipeline that will be built to send Russian gas to China


[/h]
 

Kimweri

JF-Expert Member
Apr 16, 2008
4,002
2,000
Russia's Gazprom and China's China National Petroleum Corp. (CNPC) have signed a historic 30-year contract to supply natural gas to China, according to Russia Today and confirmed by Bloomberg. The total value of the contract is $400 billion, Gazprom CEO Aleksey Miller told RT, although the price in the document remains a "commercial secret." Negotiations have been ongoing for more than a decade.
The deal would send 38 billion cubic meters of natural gas to China each year, starting in 2018, with the potential to expand the annual capacity to 61 billion cubic meters.
The gas will be sent through a new eastern pipeline linking the countries. Reuters reports that Russia will invest $55 billion in gas exploration and pipeline construction and Beijing will give roughly $20 billion to Moscow as part of the agreement.
China consumed about 170 billion cubic meters of natural gas in 2013 and set a target of up to 420 billion cubic meters a year by 2020.
Europe is Russia's largest energy importer as it bought more than 160 billion cubic meters of natural gas in 2013, but tensions and sanctions over Putin's meddling in Ukraine have Russia looking elsewhere.
Consequently, the deal is huge for the Kremlin since natural gas represents nearly 60% of Russia's total exports. That said, the amount of gas is still only about a fifth of what Russia sends to Europe.
Gazprom
The new pipeline that will be built to send Russian gas to China





This was a done deal the moment XI Jinping siged those 17 contracts in TZ, he was placing his bets then,as you can obviously see he used the deals he secured in TZ to lower the price from the Russians, smart move.

On the other hands Putin must have intentionaly provoked the US knowing that, hatching the Chinese deal sooner or later would have put him in a stronger position, especially with EA gas and Australian one years away from actual production.
This indeed was one of the negotiation of the century, years from now books will be written about how it all went down, i sure as hell hope to be there to read the fine details. two masters of negotiation battling it down squezing every ounce of advantage from the negotiation table.sio kina sie deal inakuwa introduced asubuhi dinner watu wanagonga glass, baada ya hapo wanaelekea hotelini kusign.

EU and US are officially screwed, as the exchange between Russia and China will neglect $ completely, this is what we call catastrophic situation, there is potentially about $1-$2tr worth of circulation completely removed from US reach.

A month ago EU walikuwa wanabweka sanctions, leo wanaandika barua kuomba kupewa guarrantee ya supply, this is some funny shit.

Sasa wenzangu na mie Tanzania, huu ndio muda wa kununia gesi yetu, hiyo walivovumbua inatosha, kwani supply of gas has effectively become restricted, and am sure price will only trend upwards. no wonder wamarekani walikuwa wanagombea kusaini mikataba upesi-upesi.

i hope team ya Muhongo na TPDC are well versed in this and they have brilliant enough heads to perfom some numerical analysis to sort out best case scenario situations for TZ. we are officially a major supply as of the day RUSSIA-CHINA signed this deal.

This will be remembered as a great DAY in TANZANIA for generations to come, who would have though may 21,which was associated with a disastrous ship sinking will be a day TANZANIA enters the big league of Energy suppliers in this world?

kwa msioelewa ni kuwa as of 21/may EUROPE wameshaanza kutafuta source nyengine za gesi, kama walikuwa hawajaanza bado. hii contract walijua CHINA ange-bow out,kwa kuwa walileta pressure kupitia Japan na South East Asia, hadi Obama akafanya ziara kuweka mambo sawa, lakini wapi.
 

Bavaria

JF-Expert Member
Jun 14, 2011
48,415
2,000
This was a done deal the moment XI Jinping siged those 17 contracts in TZ, he was placing his bets then,as you can obviously see he used the deals he secured in TZ to lower the price from the Russians, smart move.

On the other hands Putin must have intentionaly provoked the US knowing that, hatching the Chinese deal sooner or later would have put him in a stronger position, especially with EA gas and Australian one years away from actual production.
This indeed was one of the negotiation of the century, years from now books will be written about how it all went down, i sure as hell hope to be there to read the fine details. two masters of negotiation battling it down squezing every ounce of advantage from the negotiation table.sio kina sie deal inakuwa introduced asubuhi dinner watu wanagonga glass, baada ya hapo wanaelekea hotelini kusign.

EU and US are officially screwed, as the exchange between Russia and China will neglect $ completely, this is what we call catastrophic situation, there is potentially about $1-$2tr worth of circulation completely removed from US reach.

A month ago EU walikuwa wanabweka sanctions, leo wanaandika barua kuomba kupewa guarrantee ya supply, this is some funny shit.

Sasa wenzangu na mie Tanzania, huu ndio muda wa kununia gesi yetu, hiyo walivovumbua inatosha, kwani supply of gas has effectively become restricted, and am sure price will only trend upwards. no wonder wamarekani walikuwa wanagombea kusaini mikataba upesi-upesi.

i hope team ya Muhongo na TPDC are well versed in this and they have brilliant enough heads to perfom some numerical analysis to sort out best case scenario situations for TZ. we are officially a major supply as of the day RUSSIA-CHINA signed this deal.

This will be remembered as a great DAY in TANZANIA for generations to come, who would have though may 21,which was associated with a disastrous ship sinking will be a day TANZANIA enters the big league of Energy suppliers in this world?

kwa msioelewa ni kuwa as of 21/may EUROPE wameshaanza kutafuta source nyengine za gesi, kama walikuwa hawajaanza bado. hii contract walijua CHINA ange-bow out,kwa kuwa walileta pressure kupitia Japan na South East Asia, hadi Obama akafanya ziara kuweka mambo sawa, lakini wapi.

Hatuna ubavu wa kufanya negotiation kama za hao watu, siasa na 10% ndo zinaharibu viongozi wetu, na kwanini zile deals 17 hazikuwekwa wazi? Kama hawa wameweka wazi deals zao.
 

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