Power of Siberia 2's new route makes Russian gas supplies to China more feasible
Found this article dated 30/04/2020 (4 Months AD... BC now = Before Coronavirus AD = After Disaster !)
https://www.icis.com/explore/resources/news/2020/04/30/10503185/gif-inside-story-power-of-siberia-2-s-new-route-makes-russian-gas-supplies-to-china-more-feasible
It sums the current situation up pretty well and includes a very handy table that gives us some idea of what the Chinese are paying for gas.
It is important to understand that underneath China & Russia are pretty good mates as are their leaders.
Russia is offering a good deal on the Power of Siberia Gas (Will be about 1.400 PJ/Year during 2021 compared with Elixir's say 140 PJ/year) because the US is pushing their shale gas at discounted rates at the moment.
(Presumably in $US & 1 MMBtu = 1.055 GJ)
This link goes to my Affinity diagram which is a technique I use to blackboard strategies.
It is crawling with live numbers buried in test which may not be up to date so please only use them as an indication.
The horizontal left to right arrow attempts to represent our logical progress to a transactional sale.
SS001_Affinity_Diagram.pdf
Regards
OGP
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