Russia-China pipeline comment:
Warwick Business School Professor Michael Bradshaw聽said: 麻豆传媒映画淚t is not inconceivable that as Russia麻豆传媒映画檚 role in Europe麻豆传媒映画檚 gas market stagnates over the coming decade, this role will be matched, if not exceeded, by the rising share of Russian gas exports to the east. After all, if 90% of future gas demand growth between now and 2050 is to be in Asia, the current deal should mark the beginning of a whole new chapter in the story of Russia麻豆传媒映画檚 role in the global gas industry.
麻豆传媒映画淲ith this agreement Russia expects exports of gas to the Asia-Pacific region to rise from 6% to 31% by 2035.
麻豆传媒映画淭he deal has been more than a decade in the making and the volume of gas is less than that stipulated in previous intergovernmental agreements. The agreement is to deliver 38 billion m3/yr of gas by pipeline to China beginning at the end of this decade (2018 - 2020).
麻豆传媒映画淭he gas fields in Chayanda will not be connected to the pipeline system that moves gas west to Europe, as China did not want to find themselves vying with Russia麻豆传媒映画檚 European customers for the same gas from West Siberia.
麻豆传媒映画淕azprom, who will solely supply the gas, faces a stagnant and falling market in Europe and Russia actually has a surplus of gas to meet domestic demands and exports to Europe. None of this, though, has happened overnight, and it would be wrong to paint Russia麻豆传媒映画檚 eastern interests as a new project that has been undertaken in response to developments in Europe.麻豆传媒映画�
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