Russian Federation and China Open $55B Natural Gas Pipeline

04 Décembre, 2019, 23:07 | Auteur: Anatole Charbonneau
  • Russian Federation and China Open $55B Natural Gas Pipeline

Putin hailed the pipeline, highlighting that this year marks 70 years of Russia-China relations, adding that it "brings us closer to the goal we set with President of China Xi Jinping to increase bilateral trade to $200 billion by 2024".

Work has also been completed on the first road bridge between Russian Federation and China, further linking the two neighbours.

"Today is remarkable, a truly historic event not only for the global energy market, but first of all for us and for you, for Russian Federation and China", Putin said during a televised ceremony featuring the two leaders.

Moscow began supplying natural gas to western and central Europe in the 1950s and Europe has always been Russia's major consumer of gas, supplied by Kremlin-controlled energy giant Gazprom, with total annual supplies of around 200 bcm. After five years of construction work over frozen, snow-covered land, the pipeline-with 5,000 km in China and 3,000 km in Russia-was officially inaugurated on schedule.

Besides China, Russia is also looking at other major consumers in Asia, including India to secure potentially enormous new markets outside Europe.

"China and Russian Federation are at a crucial stage in their national development, and our relations are entering a new phase as well", Xi said at the inauguration of the pipeline. The amount is expected to increase to 38 billion cubic meters annually from 2024, under a 30-year contract worth 400 billion US dollars signed between the China National Petroleum Corp and Russian gas giant Gazprom in May 2014.

Crises Response Tool by Facebook - New Updates and WhatsApp Integration
Facebook is rolling out several new features that use machine learning to deliver more personalized ad experiences to its users. In addition to WhatsApp integration with Crisis Response feature, Facebook is also expanding "Data for Good" tools.

More than 900 players register themselves for IPL 2020 auction
The mega-list of 971 players includes 215 capped players, 754 are uncapped players while two players are from associate nations. Power-hitters -Maxwell and Lynn, however, will be up for grabs and have set their base price at the maximum of Rs 2 crore.

Himesh Reshammiya replaces Anu Malik on 'Indian Idol' season 11
Malik, in an announcement, had denied the allegations, saying he was being "cornered" for one thing he didn't do. Sony TV's popular singing reality show Indian Idol 11 is creating a buzz since the show hit the TV screens.

Russia has been increasing gas sales to China via other routes too, such as from the Russian Far East and via Mongolia or Kazakhstan, but has not firmed up any deals. China is upholding people-centered development, an idea-if internationalized-that maximizes equal and mutually beneficial cooperation among countries.

Friendly Russian-Chinese ties have been gradually developing based on the principles of transparency and mutual respect, Russian Security Council Secretary Nikolai Patrushev said. He warned that such an approach would only harm those nations. The country is also constructing pipelines that expand its reach far into Europe. "Now the main direction of our gas and oil is Europe". The current agreement, negotiated in 2009, expires at the end of the year.

A second gas pipeline being built from Russian Federation to Turkey, TurkStream, also would bypass Ukraine, supplying Turkey and southern Europe.

In the coming year, the gas flow in the Power of Siberia pipeline to China will be limited, amounting to 4.6 billion cubic meters in 2020, according to Gazprom, and rising to 10 billion cubic meters in 2021. Now, 38 billion cubic meters will be delivered annually to China.

The project also threatens to undercut China's traditional suppliers such as Australia, which has had an increasingly fraught relationship with Beijing in recent years.

Conseillé:

  • Howard Stern Blames Simon Cowell For Gabrielle Union

    Howard Stern Blames Simon Cowell For Gabrielle Union "AGT" Controversy

    Yahoo Entertainment reached out to NBC for comment about Osbourne's claims, but did not immediately receive a response. And that's the fact". "Everyone's experience in a program is different, and I was in that program for six years".
    Bengals WR Ross to return vs. Browns

    Bengals WR Ross to return vs. Browns

    Before the injury, Ross was in the midst of his best start to an National Football League campaign. Receiver Damion Willis was waived in a corresponding move.
    Il met un terme à son scandale de plagiat — Gad Elmaleh

    Il met un terme à son scandale de plagiat — Gad Elmaleh

    Sur Facebook aussi les internautes ne manquent pas de faire référence aux accusations de plagiat de l'humoriste. La veille, le 9 juin 2020, Gad Elmaleh se également présent en Bretagne puisqu'il se produira à Saint-Malo.
  • Greta Thunberg arrives in Portugal

    Greta Thunberg arrives in Portugal

    Greta Thunberg with the Australian family who owns the catamaran and British sailor Nikki Henderson. Thunberg set sail from NY after touring North America, raising awareness about climate change.
    Atletico Madrid not punished severely for fans' Griezmann 'die' chants

    Atletico Madrid not punished severely for fans' Griezmann 'die' chants

    Barcelona and Real Madrid each have three matches left before they meet each other at the Camp Nou on December 18. Lionel Messi scored a late victor for the Catalans as they leap to top of La Liga on goal difference.

    Genius Media Sues Google for Allegedly Stealing Lyrics

    The same lawsuit is seeking a permanent injunction against LyricFind from lifting song lyrics from Genius. LyricFind and Genius did not immediately respond to Gizmodo's requests for comment on this lawsuit.
  • NASA launching a ‘robot hotel’ to the space station

    NASA launching a ‘robot hotel’ to the space station

    The "hotel" is formally known as the " Robotic Tool Stowage ", or the RiTS, slightly less glamorous sounding than "hotel". The units have to wait 12 hours in space so that gas detectors are clean from gases in the space station.
    Amazon Web Services brings quantum computing to the cloud

    Amazon Web Services brings quantum computing to the cloud

    The AWS Solutions Lab will be providing researchers with a solution for collaborating around this new technology. They can now build and test circuits in a simulated environment and run them on an actual Quantum computer .
    Zelenskiy Didn't Talk Quid Pro Quo With Trump

    Zelenskiy Didn't Talk Quid Pro Quo With Trump

    When asked at what point he sensed that there was a link between the freeze on US aid for Ukraine and the investigations Trump and his allies wanted, Zelensky dismissed the idea that there was a clear trade-off at play.
  • 20 morts lors d'affrontements entre narcotrafiquants et forces de l'ordre au Mexique

    20 morts lors d'affrontements entre narcotrafiquants et forces de l'ordre au Mexique

    Arrivés près du siège du gouverneur de l'État de Coahuila, ils ont continué à tirer de plus belle. Pendant ce temps, le bilan des affrontements a été revu à la hausse, passant de 22 à 23 morts.
    Plex launches free, ad-supported movie and TV show streaming

    Plex launches free, ad-supported movie and TV show streaming

    Personal media collections will not be subjected to ads, as ads will be limited to the new free on-demand video content. There is no subscription or special hardware required, though the content will include ads.
    Highway 401 reopened after deadly pileup in Kingston

    Highway 401 reopened after deadly pileup in Kingston

    A winter weather travel advisory is still active in Kingston with up to 15 cm of snow expected by tonight. Multiple crews responding to MVC on highway 401 assessing and treating multiple patients.


Populaire

Huawei to shift research to Canada
The blacklist was imposed by the Trump administration in May, with most USA companies banned from selling to the Chinese company. Huawei founder and CEO Ren Zhengfei gestures as he attends a session of the World Economic Forum in January 2015, in Davos.

Maple Leafs 'kind of just quit' in loss, Matthews says
Travis Konecny had one goal and one assist to lift the host Philadelphia Flyers past the Toronto Maple Leafs 6-1 on Tuesday. He has been a brick wall for us all year and that's just unacceptable on our part. "We just folded, kind of just quit".

Trump's trade tariffs impact stocks, steel and manufacturing
Beijing has called on the U.S.to roll back all of the more than $350 billion of tariffs placed on its goods as part of a deal. Gold futures are trading sharply higher on Tuesday in reaction to a plunge in demand for risky assets, and a drop in U.S.

Wall Street à nouveau freinée par le commerce
Sur le marché obligataire, le taux à 10 ans sur la dette américaine s'établissait à 1,828% contre 1,776% vendredi à la clôture. Amazon , qui propose de nombreuses offres promotionnelles lundi à l'occasion du Cyber Monday, reculait de 1,55%.

New 'Planet Of The Apes' Movie In Early Development
Before the Disney merger, Ball had been prepping an adaptation of " Mouse Guard ", which was eventually scrapped . Wes directed the Maze Runner trilogy, which grossed almost $1 billion worldwide.

North Atlantic Treaty Organisation leaders including Trudeau, Macron caught mocking Trump on camera
And he understands it. "I was happy to take part in it but it was certainly notable". "But that's the way it is". Trudeau cuts in: "He was late because he takes a 40-minute press conference off the top", Mr.

HIV experts ‘optimistic’ about vaccine, potentially in next two years
Research ahead of this year's World AIDS Day shockingly showed that 40 per cent of those surveyed think there is a cure for HIV. HIV experts say a vaccine needs to be at least 50 per cent effective to be a "game changer" in combating numbers of cases.

Did Jennifer Aniston break up with Leonardo DiCaprio for Johnny Depp?
But the actress is still in the headlines prominently for her relationship with Leonardo. Morrone added, "I just think anyone should be able to date who they want to date".

Olney: Phillies Front Runner For Wheeler, Twins Not Mentioned
The Rangers have been bumped from the bidding on righty Zack Wheeler , per Evan Grant of the Dallas Morning News . The status of other interested clubs - the Blue Jays, Angels, and Twins - is still up in the air.

Adam Sandler remembers his reaction to being fired from SNL
He's since gone onto star in some of the biggest films in the world. He said, "Yes, but you have already done it". It turned out to be the best for Adam.