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China s Gas Prices from Russia Fall as Market Risks Rise

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.

Oil supplies via Transneft system in January seen at 36 4 mln tonnes

Oil supplies via Transneft system in January seen at 36.4 mln tonnes Also, in January, 9 mln tonnes will be exported via the Russian ports, including 1.5 mln tonnes through Novorossiysk, 2.9 mln tonnes through Primorsk, 2.7 mln tonnes through Kozmino, 1.9 mln tonnes through Ust-Luga © Peter Kovalev/TASS MOSCOW, December 31. /TASS/. The volume of oil pumped through the Transneft system in January 2021 is planned at 36.4 mln tonnes, official spokesman of the national pipeline operator Igor Dyomin told reporters on Thursday. In particular, the operator plans to pump 3 mln tonnes of oil via the Druzhba pipeline in January 2021, 2.65 mln tonnes of oil via the ESPO (Eastern Siberia-Pacific Ocean) to China and another 0.85 mln tonnes in transit to Kazakhstan. The operator plans to supply 1.28 mln tonnes of oil to the refineries of Belarus via the Transneft system in January.

Major Donor to Britain s Conservative Party Linked to Russian Corruption Scandal

Major Donor to Britain’s Conservative Party Linked to Russian Corruption Scandal Patrick Elliot, Franz Wild A Russian tycoon whose company and its directors have donated £1 million ($1.3 million) to the Conservative party has been linked to an historic corruption scandal in his home country that involved businesses he was connected with pocketing enormous commissions for state contracts, the Bureau of Investigative Journalism can reveal. Viktor Fedotov, 73, was the chairman of two companies that made more than $100 million from a pipeline construction project found to be mired in fraud, costing the Russian state vast sums. In August this year Fedotov was revealed to be the owner of Aquind, a company that has donated heavily to the Conservative party while seeking ministerial approval for a $1.5 billion energy infrastructure project, the building of an underwater power cable running from Portsmouth in England to France.

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