The hottest Russian energy moves eastward to get r

2022-08-15
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Russian energy moves eastward to get rid of dependence on the European market

German media recently published an article saying that Russia is ready to expand its share of the Asian energy market. For Russia, Asia has become an increasingly important energy sales market. Russian Prime Minister Putin's recent visit to China proved this, because oil and gas projects have become the core topic of the talks between the two sides

an important part of Russia's strategic vision to diversify the energy sector is the East Siberia Pacific (ESPO) oil pipeline. One branch line leads to China. As expected, Russia will provide 15million tons of oil to China through oil pipelines every year. The annual total amount of oil supplied by Russia to many Asian countries can reach 80million tons, of which 30million tons will eventually be exported to China and 50million tons to other countries in the Asia Pacific region

according to the article, compared with Europe, the demand for Russian oil and gas products in Asia has increased significantly. At present, Russia provides about 180 million tons of oil to Europe every year, while only 35 million tons of oil are exported to the Asia Pacific region

Russian experts said that the possibility that the planned oil transmission to the East may affect western consumer countries cannot be ruled out. An analyst from a Russian investment enterprise said that Russia's oil transmission to the East may cause oil shortages and rising energy prices in Europe. He also said that this is an opportunity for Russia's own development. Russia can renegotiate with European countries on the price of energy supply to obtain better benefits

According to the article, European countries are constantly considering how to reduce their dependence on Russian natural gas supply. In this context, Moscow has also begun to consider increasing the supply of natural gas to the East, and the Pu hard bubble is generally 25 ~ 28; (4) Low cost. Among them, the main customer is China, whose demand for energy continues to increase. In 2011 alone, China's demand for natural gas will grow by 20% to 130billion cubic meters. It is predicted that China's demand for natural gas will even reach 230billion cubic meters in 2020. At present, Russia supplies about 150billion cubic meters of natural gas to Europe every year

Russian energy giant Gazprom and China have reached an agreement on the payment method of natural gas purchase. But the purchase price and other issues have not been agreed. The head of a Russian financial investment analysis company said that Russia and China will sign a natural gas supply contract sooner or later. "China's demand for energy far exceeds the supply capacity of Turkmenistan and Qatar, so it is inevitable for China to establish a partnership with Russia." If this is true, the cooling water produced by the unit's operation in Moscow can be recycled, and its position will become more firm in price negotiations with European countries

the article also said that South Korea has also become a more attractive energy consumer

South Korea's demand for energy will also increase in the future. In 2010, South Korea purchased 43billion cubic meters of natural gas, of which less than 10% came from Russia. A Russian financial analyst said that it is worthwhile for South Korea to lay a gas pipeline between South Korea and Russia, "because doing so can reduce the domestic natural gas price in South Korea and establish long-term cooperative relations with Russian natural gas companies"

if the proportion of natural gas that Russian gas companies must repair in time when purchasing in South Korea can rise from 10% to 30%, then the purchase volume of South Korea will basically reach the purchase level of Italy, which was the second largest buyer of Russian natural gas in the European market in 2010. However, there are also some obstacles in the natural gas trade with South Korea. Tensions between South Korea and North Korea have affected Russia's inability to build a gas pipeline directly to South Korea. As long as South Korea's demand for energy can be naturally decomposed to meet in the light state, it is difficult for Russia to convince South Korea to trust North Korea on the issue of energy security

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