Russia announces new mega gas deal with China. Gazprom revealed that Russian gas exports to China will soon reach the volumes sold to the EU before the bloc imposed sanctions.

☆ Yσɠƚԋσʂ ☆ · 2 years ago

Russia announces new mega gas deal with China. Gazprom revealed that Russian gas exports to China will soon reach the volumes sold to the EU before the bloc imposed sanctions.

Trudge [Comrade] · 2 years ago

In a reversal, this is looking more and more like Russian sanctions on the EU instead based on who is really hurting.

☆ Yσɠƚԋσʂ ☆ · 2 years ago

I think that was always the plan actually. US was starting to get worried that Europe was getting entirely too cozy with Russia and China. All the sanctions ensured that Europe was forced to abandon trade with Russia, and got pulled firmly into US orbit.

driving_crooner@lemmy.eco.br · 2 years ago

Any idea what’s currency are they going to use? Guess for Russia would be nice to have a steady supply of dollars, but I doubt China would like that.

qwename · 2 years ago

According to the news last year: https://www.globaltimes.cn/page/202209/1274861.shtml

China would pay Gazprom for its gas based on a 50-50 split between the ruble and yuan

davel · 2 years ago

deleted by creator

twinnie@feddit.uk · edit-2 2 years ago

Removed by mod

simply_surprise · edit-2 1 year ago

deleted by creator

davel · edit-2 2 years ago

Average liberal cope.

Reuters, 2022-02-04: Russia, China agree 30-year gas deal via new pipeline, to settle in euros
Reuters, 2023-10-17: Russian gas supplies to China may soon match exports to W.Europe -Gazprom
Reuters, 2023-10-19: Russia working on infrastructure design for far eastern gas pipeline to China

Soviet Snake · 2 years ago

Lost liberal.