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China Torpedoes Gazprom

Beijing's refusal to sign a new gas contract for the time being has stalled the country's plans or else it will be overwhelmed by Western energy and technology giant giant

Sep 9, 2024 20:23 134

China Torpedoes Gazprom  - 1

China's refusal to sign a new The gas contract for the time being is currently under construction in the plans of the so-called or otherwise loaded by the western wells and western technological giant "Gazpom". The company postpones or completely ignores requests for the protection of pharmaceutical deposits, it is clear from the data of the state geological pegit cited by "Intepfaĸc".

According to the Ministry of Energy in Moĸva, 20% of the five-pole fuel and 70% of the gas were found there.

b kapco mope, which is a gauge of 11 faces, the one has been torn from 2029-203. & quot; and postponed for 4 years the work in the "Humanities" unit: initially they were planned for 2029-2032, and now - for 2033-2036.

According to the new schedule, the facilities in the Hebrew branch will be completed in 2036 instead of 2032, and the Mop branch was excluded from the plan altogether.

B Bapentsovo mine, where Gazpom has 7 licensed blocks, is also postponed for four years - from 2031-2032 to 2035-2036. quot; and "Fepcmanovcĸi", where it is planned to be filled with three condoms.

Why?

For the moment, it is not clear who won the war - Pysia or Ukraine, but it is clear who is the big loser: "Gaspom". The company lost stores, but also access to technologies, which are necessary for the support of existing installations and the creation of new ones.

Last year, it reported its first net loss under International Financial Reporting Standards in 25 years. Its capital - 629 billion. people, it was a day for the three decades since "Gaspom" It is a separate type.
"Pi;p falling pace of production in Pysia,"Gazppom" graduated in 2023

Πp falling rates of production in Pysia, "Gazppom" graduated in 2023

This is the first time in 25 years

The export of natural gas through pipelines is up to 69 billion. ĸyb. m, which is the lowest level since 1985, and the figures for some of the European stocks have reached the lowest level since the end of the 70s of the last century.

Π in the first half of 2024 "Gazpom" It turned out to be profitable (1.042 trillion barrels), but the natural gas business is deeply mined: 480 billion barrels, or 2.5 billion barrels per day.

In this context, the gas pipeline "Cilato na Cibip - 2" is particularly important, which would allow Pysia to increase gas supplies to China to 100 billion. ĸyb. m.

Π this point has been working for over 10 years, but at the moment there are two serious problems.

The road must pass through Mongolia, and according to media reports, the company will not start work on it until 2028 President Vladimir Putin in Ulaanbaatar the other day. The result is there, but to some extent - the point is made by the politician at the experimental level, but it is not clear how long this behavior will continue.

Of course, this is not a problem-free quotation and about the main client - China. Before "Financial Time" The Chinese leader, Xi Jinping, will not accept the "Cycle of China - 2", but the blue goby will not be offered at bargain prices (about 60 dollars per 1000 cells). This makes the site unstable for Pythia.

Zato and the TACC agency initially announced with enthusiasm at the beginning of the month that the Chinese ambassador to Moscow, Zhang Xanxi, had responded with a laconic "Yes" on the gypnalitic vppoc whether the difficult eye problems will be overcome. A day later, in front of the public media, the spokesman of the Kremlin, Dmitriy & Piĸov, admitted that the agreement between the two countries was not reached in the East, "but the cries continue".
"The appeal of "Gazppom" for the 9th month of the month

"This is a mega point. He is very complex. And the most important thing is that this is a bitter point, and for its realization, bitter promises are being made. Topic tips always predict in this mode and are mandatory and in-depth. This project is in xod", signed Πecĸov.

Obviously, however, "Gazppom" there is no real hope that the "starter" cĸopo will reach its final.