«Eastern Siberia Oil & Gas Conference»
... huge $127 billion for the whole sector. Krutikhin says the Eastern Expansion Project needs particular attention; for instance in respect to gas, China opposes paying over $290 per 1000 cubic meters, which is $110 cheaper per measure in contrast to the European consumers, whilst gas is also only really needed in Manchuria. So, not to exacerbate, resources must be price competitive to make alternatives unfavourable and projects need thorough calculation. As things stand Russia is near to subsidizing the Chinese consumers. Bezryadin,...
05.02.2013