The Russian Deputy Prime Minister in charge of Energy spoke about the progress of negotiations between Gazprom and CNPC for the Siberian Force 2 pipeline project. Although the Russian president has declared that all agreements have been reached, the timetable for the project remains unclear and the Chinese side seems less enthusiastic.
The Director General of the International Atomic Energy Agency (IAEA) has warned about the precarious situation at the Zaporizhia nuclear power plant in Ukraine. The risk of a major nuclear accident is real and requires urgent intervention by the competent authorities to ensure the protection of nuclear safety.
The Siberian Force 2 pipeline project, which aims to link Siberia to China’s Xinjiang, is considered vital for Russia in its quest for new markets in Asia. But China, now the largest buyer of Russian energy products, remains cautious about its involvement in this project.
Russia has announced a new commitment to supply China with a significant amount of gas and LNG by 2030. The two countries also signed several bilateral agreements to strengthen their strategic partnership in various fields.
Russia and China continue their energy cooperation with the Siberian Force 2 pipeline project. This ambitious initiative aims to deliver 98 billion cubic meters of gas to China by 2030, strengthening ties between the two countries.
Recent events have affected Russian companies, such as Rosneft, which has announced a 7.9% drop in net profit in 2022, but continues to invest in new hydrocarbon projects.
A new era for Russian gas exports to China? Gazprom sets a new record for gas deliveries through the “Siberian Force” pipeline, as talks between Chinese and Russian leaders focus on energy cooperation.
Since the Russian offensive against Ukraine, Sino-Russian trade relations have been booming, with a record $190 billion in bilateral trade by 2022. However, experts warn of the risks of an unbalanced and weak relationship for Russia.
Greenpeace accuses the French nuclear industry of being under the sway of Russia, a dependence that calls into question France’s position on sanctions against Rosatom and underlines the importance of diversifying the sources of nuclear energy supply.
The sabotage of two gas pipelines in the Baltic rekindles geopolitical tensions between Russia and Europe, in the context of the invasion of Ukraine. While the American and Russian media are putting forward conflicting versions, the investigation into the operation is facing difficulties of attribution.
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