negotiations. some is international. some is domestic. it s not like leveling aleppo. it s not like leveling grozny, these are people seen as part of the great russian nation by putin s own advisers. they have relatives there. some of them grew up there. they have friends there, and now they re ordering their soldiers to fire on innocent civilians. i do think that level of pressure is having an impact on putin, and i think the fact a number of countries he can rely on, you mentioned china and india, i d mention hungary. there s been no stronger friend to putin in the european union than viktor orban, the hungarian prime minister, he traveled to russia to make sure his energy relations, nuclear investments were fine. three, four days ago, he condemned the russian invasions, something the chinese and indians won t do, and also said he would support russia s decoupling from s.w.i.f.t. that s a big deal for a country like hungary.
LNG spot prices have come off the record highs of fourth-quarter 2021 and Europe’s gas crunch is starting to ease, but prices look set to stay relatively firm through the summer. Tensions surrounding Ukraine remain a key uncertainty. [Gas in Transition, Volume 2, Issue 2]
Gas politics are centre-stage in Russia’s Ukrainian power play and the LNG market is likely to emerge as a prime beneficiary. [Gas in Transition, Volume 2, Issue 2]
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China s Gas Prices from Russia Fall as Market Risks Rise
Feb 15, 2021 11:35:am
Summary A little over a year after Russia opened its giant Power of Siberia pipeline to China, natural gas prices for the Chinese market have fallen below European rates.
by: Radio Free Asia
Posted in:
China s Gas Prices from Russia Fall as Market Risks Rise
In October and November, the prices charged by Russian monopoly Gazprom dropped to U.S. $126 (810 yuan) per thousand cubic meters from $144 per thousand cubic meters (tcm) in the third quarter, Interfax reported, citing Chinese customs data.
The decrease marked the first time that China s costs dropped below those for Europe since the 3,000-kilometer (1,864-mile) pipeline began deliveries in December 2019.