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Russian natural gas to lose will compete in Europe and the United States

Author:SIANJIA FLOW CONTROL PublicTime:2015-05-08 Views:1806

Russia turned eastward, to the Chinese mainland to promote transportation of oil and gas to increase investment. Gazprom (miller Gazprom, hereinafter referred to as the Russian gas) President (AlexeiMiller), said the plan to investing at least $4 billion in 2015, speed up the building more close cooperation relations with Asia, counterweight to Europe and the United States.

Bloomberg reported that 14 miller to the Russian state television "Russia 24" pointed out that increasing investment will be used in eastern Russia natural gas project, including the development of gas fields and infrastructure; Russia's annual investment this year, the initial planning of $16.2 billion, most of the natural gas field for the development of the yamal peninsula, but the company's investment plans are usually raised in one year.

Since March 2014, the European Union for Ukraine rounds of sanctions on Russia, Russia has taken against sanctions, a significant deterioration in the relationship. Russia has turned to the east, and actively develop energy market, and build stronger ties with China, through which to compete in Europe and the us economic sanctions.

On the other hand, after rumors "Siberian power (PowerofSiberiapipeline)" gas pipeline project may delay the start, but the Russian gas, points out that the project has started, and no delay. Miller says, "we" will be built in 4 to 6 years pipeline, current projects completed in 2022.

The "power" in Siberia, the report said, oil and gas from just young, vic gold 2 big origin. It is estimated that just young gold field mining 25 billion cubic meters of natural gas per year and at least 1.5 billion tons of oil, the mining plan at the end of 2018.

Russia said, are expected to reach 5 billion cubic meters of gas, and in the future to increase to 38 billion cubic meters every year, worth about $400 billion. Russia's energy minister novak (AlexanderNovak), said on April 13, is trying to push in the years to achieve the second gas supply agreement (with China).
According to the report, is expected to be the fastest in the may reach a second contract, amount will be $400 billion. According to oil in Russia and the framework agreement signed last November, the second will be on the basis of the original contract, each year to add up to 30 billion cubic meters of supply, which will make China overtook Germany, into Russian gas's biggest customer.