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Politics : Formerly About Advanced Micro Devices
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pocotrader
To: Brumar89 who wrote (1460464)6/4/2024 8:05:15 PM
From: Tenchusatsu1 Recommendation  Read Replies (1) of 1575760
 
Brumar, from the article:
The FT reported that China already pays Russia less for gas than to its other suppliers, with an average price of $4.4 per million British thermal units (Btu), compared with $10 per million Btu for Europe.
That means RuZZia is currently getting less than half the price for their natural gas by selling it to China vs. Europe.

However, a cautionary note:
China's demand for imported gas could reach 250 billion cubic meters of natural gas (bcm) by 2030, up from less than 170 bcm last year, according to Columbia University's Center on Global Energy Policy (CGEP), which said this could mostly be met through existing contracts for pipeline supply and by LNG.
That means China has a vested interest in building up their distribution infrastructure with RuZZia.

One more grain of salt to take. The source of this report comes from a guy named Vladimir Milo, who served under PooTin from May to October of 2002, which was a long time ago. He is also labeled an "opposition figure abroad" by the article.

Tenchusatsu
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