皇冠体育app

This week, 皇冠体育app and Russia signed a widely anticipated 30-year natural gas agreement in Shanghai. This agreement will diversify both sides’ energy consumption and supply structures, according to the 21st Century Business Herald. Some excerpts:

皇冠体育app and Russia began talking about natural gas cooperation as early as 1994.

Business, diplomacy and geopolitics all had roles to play in the final contract, estimated to be worth as much as $400 billion.

Both countries get advantages: 皇冠体育app will have more leverage when it negotiates with the other natural gas exporters in the future. And Russia obtains a huge, new market outside Europe.

One key point was who should pay to build the pipelines. If 皇冠体育app can pay in advance for the imported gas, Russia will use the money to build the pipeline.

No doubt the United States’ containment policies targeting 皇冠体育app and Russia accelerate the inking of the commercial contract.

The gas from Russia accounts for only a small part of 皇冠体育app’s overall energy consumption. Developed countries remain major trade partners for 皇冠体育app.

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