Russia's former Soviet network may be the key to Moscow recovering lost business in Europe.
With negotiations on Russia's proposed natural gas pipeline to China in limbo, Russian President Vladimir Putin hopes to recover lost European business by routing natural gas to Central Asian states and through them to the energy-hungry Chinese market.
Eventually, Putin hopes to significantly ramp up gas sales to India, Weafer said. But for now, 'it has no option but to use pricing to sell more gas to China.'They share a long common border, and the old Soviet infrastructure is repairable to allow more gas via Kazakhstan. Selling at a price lower than it gets from Europe and Turkiye is an acceptable cost to expand volumes and infrastructure,' he added.
United Kingdom Latest News, United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
New Taiwanese president promises to seek stability, despite China threatPresident Lai Ching-te promised to provide stability for Taiwan and the Indo-Pacific during his inaugural address.
Read more »
Biden to sign new infrastructure security memo, amid growing threats from China and RussiaPresident Biden on Tuesday will sign a national security memorandum laying out an updated, government-wide plan to protect critical American infrastructure in the face of growing cyberthreats posed by China, Russia and other U.S. adversaries.
Read more »
Fishermen, city officials seek broader Russia seafood boycott to benefit Ukraine and AlaskaNow that the United States has banned Russian-sourced products, Alaskans want American allies to follow suit.
Read more »
Dua Lipa tries out new sound and new outlook with new album 'Radical Optimism'While promoting her third album 'Radical Optimism,' Dua Lipa visited a New York public high school with Drew Barrymore. Lipa discusses her career and the new sound of the album.
Read more »
As hip-hop grows in China, its performers seek a voice that reflects their lived experiencesIn 2018, the censors who oversee Chinese media issued a directive to the nation’s entertainment industry. They barred artists with tattoos and those who represent hip-hop or any other subculture. For months, no rappers appeared on the dozens of variety shows and singing competitions on Chinese TV.
Read more »
As hip-hop grows in China, its performers seek a voice that reflects their lived experiencesIn 2018, the censors who oversee Chinese media issued a directive to the nation’s entertainment industry
Read more »