I was sipping that great cup of coffee this morning and doing some thinking’s on what I have watched developed during the last year between Russia and China. It has been a low key development and the Russian news has been giving tidbits of information about the energy plans being geared toward China by Russia. Low key on the news front but huge on the energy front…
An example of this information is this : Russian Deputy Prime-Minister Igor Sechin said on Tuesday following the seventh round of the China-Russia energy negotiators’ meeting that Russia will finalize a 30-year deal with China by the 10th of June to supply a total of 68 billion cubic meters of gas annually… (Read More >>>)
Now my thoughts over that morning cup of coffee were about all the new pipelines for oil and gas lines, that have been built or being built to China. This weekend I watched trains with oil tank and coal cars going toward China. The trains had hundreds of cars attached full of oil and coal. I am here to tell you that China is taking all the oil and gas that Russia will give to her and if China could get all of Europe’s oil and gas they would take that also. The only thing that has stemmed the flow of gas is a price haggling between Russia and China for now and that will soon be overcome…
I did an article a year or so ago about how all oil was transported to China by train car from Russia. Then Russia opened a oil pipeline. The pipeline is flowing and the train cars are still rolling… (That should tell you something!)
Russia and China are also close to an agreement to build a joint oil refinery and that will signal a beginning of a new market era in oil byproducts between Russia and China…
China is an energy consumer and Russia is an energy supplier. That alone ensures that they will be in bed together and they live right next door to each other to boot…
Windows to Russia!