Russia signs 30 year gas deal with China

[bob10]

Interesting, Bob


BBC News - Russia signs 30-year gas deal with China (http://www.bbc.com/news/business-27503017)

[goingbush]

Very interesting,
considering China are buying the CNG from Australia for 25billion over the next 30 years and on-selling it to Russia for 400 billion

this country is stuffed .

[ATH]

Maybe the future big dollar projects of our north coast will get another looking at and found to be not viable.
Oh dear, where will that leave our tin pot pollies without all that lovely lolly from taxes and royalties to waste?
AlanH.

[frantic]

No you've misread it bush, china is BUYING more gas from USSR , this will cause coal prices to either stabilise or drop. It could increase demand for gas as the smog problem in china may cause them to only build gas fired power plants in the future.

[sashadidi]

Solar is increasing in use in Asia as well and now becoming economical.....
not a theoretical good long term look for gas and maybe even oil....

http://www.aulro.com/afvb/attachment.php?attachmentid=77668&d=1400828526

[85 county]

yes but not where you only get 5 hours of sun a day and 5 feet of snow.

gas is the only fule that flows in the cold. or flows well

[Pedro_The_Swift]

imagine the bang you'd get using LPG that has come through 400kays of snow covered pipelines:eek::cool::cool: