Sunday, May 26, 2019

Tag: Yamal LNG

Putin Praises ‘All-Embracing’ Partnership of Russia, China

Russian President Vladimir Putin on Saturday emphasized economic ties with China and praised what he called Russia's "all-embracing and strategic partnership" with its neighbor, during a visit to Beijing that takes place against the background of a drop in trade and lingering mistrust. Putin told Chinese Premier Li Keqiang that...

China’s Pivot to Putin’s Friends

The Moscow-Beijing partnership is stalling. But Xi is winning over the Russian president’s inner circle with favorable loans and sweetheart energy deals. When Gennady Timchenko — a Russian oligarch and close friend of President Vladimir Putin — was appointed chair of the Russian-Chinese Business Council, an association of more than...

Eurasia: China and Russia is Where It’s Happening

In 1865 at the end of the US Civil War New York journalist Horace Greeley popularized the expression, “”Go West, young man, and grow up with the country.” Today, some 150 years later, as the colossal economy of the United States of America sinks into obsolescence, outsourcing, income depression,...

Russia LNG Plant Gets $12 Billion From China Amid Sanctions

Russia's Yamal LNG, the biggest project to produce liquefied natural gas in the Arctic, signed loan agreements with two Chinese banks after more than a year of discussions with its majority shareholder targeted by U.S. sanctions. The accords signed with the Export-Import Bank of China and the China Development Bank...

Novatek sells Yamal LNG stake to China’s Silk Road Fund

Russia’s Novatek said it has concluded a framework agreement with China’s Silk Road Fund on the acquisition of a 9.9% equity stake in the Yamal LNG project. The deal, which is scheduled to close after the satisfaction of stipulated conditions precedent, was signed  in the presence of the President of Russia...

New Russian Gas Export Projects – From Pipe Dreams to Pipelines

In the twelve months since the collapse of global oil prices and the imposition of Western economic sanctions against Russia, the number of new Russian gas export project announcements has skyrocketed. Only last month, Gazprom signed a memorandum of understanding (MOU) with three European companies to build a second...

Putin signs decree to confirm Power of Siberia project

After months of speculation, parliament and President rubber-stamp deal that will see gas sent to China. The iconic Power of Siberia project will produce its first gas in three years’ time after Vladimir Putin finally signed a decree approving a supply to China. Earlier this year there were concerns that the...

Article Filter Options