Russia announces new mega gas deal with China. Gazprom revealed that Russian gas exports to China will soon reach the volumes sold to the EU before the bloc imposed sanctions. : worldnews

[-] Trudge@lemmygrad.ml 27 points 1 year ago* (last edited 8 months ago)

[removed by mod]

[-] yogthos@lemmygrad.ml 22 points 1 year ago

I think that was always the plan actually. US was starting to get worried that Europe was getting entirely too cozy with Russia and China. All the sanctions ensured that Europe was forced to abandon trade with Russia, and got pulled firmly into US orbit.

[-] driving_crooner@lemmy.eco.br 9 points 1 year ago

Any idea what's currency are they going to use? Guess for Russia would be nice to have a steady supply of dollars, but I doubt China would like that.

[-] qwename@lemmygrad.ml 19 points 1 year ago* (last edited 1 year ago)

According to the news last year: https://www.globaltimes.cn/page/202209/1274861.shtml

China would pay Gazprom for its gas based on a 50-50 split between the ruble and yuan

[+] twinnie@feddit.uk -16 points 1 year ago

What a load of shit. Look at the comments on that link.

[-] davel@lemmygrad.ml 17 points 1 year ago* (last edited 1 year ago)

Average liberal cope.

Reuters, 2022-02-04: Russia, China agree 30-year gas deal via new pipeline, to settle in euros
Reuters, 2023-10-17: Russian gas supplies to China may soon match exports to W.Europe -Gazprom
Reuters, 2023-10-19: Russia working on infrastructure design for far eastern gas pipeline to China

[-] sovietsnake@lemmygrad.ml 17 points 1 year ago

Lost liberal.

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