Russia signs biggest EVER gas deal with China 400 BILLION

Discussion in 'Economics' started by Ucan'tEatBonds, May 21, 2014.

  1. zdreg

    zdreg

    please explain with numbers or provide a link which contains numbers.
     
    #11     May 22, 2014
  2. cornix

    cornix

    On which of the points I made?
     
    #12     May 22, 2014
  3. zdreg

    zdreg

    net loss to russia.
     
    #13     May 22, 2014
  4. cornix

    cornix

    There is (surprisingly :D ) no official calculation yet, but in the past many experts called b/e price of the similar project around $360/tonne. EU buys NG for $380/tonne and there is no infrastructure to build. Now, the price of contract is secret. Why is that? Because it's too good?

    Could it be the case with CN, which obviously used the moment of weakness and more so, zugzwang of the partner and is no naive by any means (even compared to Western countries)? Doubt it.

    Old "cui bono" principle applied to the secret status of the price.

    Another issue is a number of taxes typical for natural resources export is already claimed to be cancelled for the deal. Which means budget will not receive any profit from the contract... for 30 years.

    Add the typical RU issues like corruption during the construction of just about anything and especially huge projects like this one and you get the picture.

    And the last point: CN company receives unprecedented rights on Siberian resources on unprecedented conditions. Basically many call it "sell off of Eastern Siberia to China".

    To make the long story short: I don't share admiration and enthusiasm of many people on the matter.
     
    #14     May 22, 2014
  5. If I am not wrong, parts of Siberia used to belong to China under the last imperial dynasty.
     
    #15     May 22, 2014
  6. aqtrader

    aqtrader

    #16     May 22, 2014
  7. Bob111

    Bob111

    China-yes. Russia? give me a break(and i'm russian btw). you probably mixing Moscow with Russia. Open your eye a bit wider take a closer look outside of Moscow
     
    #17     May 22, 2014
  8. LOL

    typical illiterate American (which of course explains a lot)

    read the post, I didn't say they don't have Central Bank

    I wrote they don't have PRIVATE central bank.

    You know, Private and Nationalized, google the difference.
     
    #18     May 23, 2014
  9. Dude, Are you Drunk ???

    This is complete gibberish and made up stuff.

    Chinese didn't want the fact to come out that they agreed to PRE PAY Ruskies 38 billion in advance fearing other countries would demand the same in other deals. But it came out anyway.

    Go get sobered up while you Chant USA USA

     
    #19     May 23, 2014
  10. Redneck

    Redneck




    Dumbass

    Not only is he Russian... he lives in Russia


    RN
     
    #20     May 23, 2014