China Rejects Russia's Eastern Pipeline Plan
China has put an abrupt stop to a Russian proposal to export added volumes of natural gas eastward via Kazakhstan, deepening the financial woes of the erstwhile Russian energy behemoth, Gazprom. The Russian state-controlled entity, once a critical foreign policy instrument of the Kremlin, has been forced to abandon projects in Central Asia and Latin America recently due to a lack of fiscal muscle. Gazprom has been urgently looking east to add export volume after the dramatic loss of market share in Europe. One idea promoted by Gazprom representatives…Weiter zum vollständigen Artikel bei OilPrice.com
Quelle: OilPrice.com
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