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China-russia Agrees To Build A New Gas Pipeline To Replace Nordstream2 - Foreign Affairs - Nairaland

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China-russia Agrees To Build A New Gas Pipeline To Replace Nordstream2 by shogsman(m): 3:27pm On Sep 16, 2022
Russia pivots its resources from West to East

"The Power of Siberia 2", gas pipeline into China, will completely replace (in terms of volumes sold) the Western-bound and throttled "Nord Stream 2" - says Alexander Novak, Deputy Prime Minister.

Re: China-russia Agrees To Build A New Gas Pipeline To Replace Nordstream2 by joyandfaith: 3:31pm On Sep 16, 2022
shogsman:
Russia pivots its resources from West to East

"The Power of Siberia 2", gas pipeline into China, will completely replace (in terms of volumes sold) the Western-bound and throttled "Nord Stream 2" - says Alexander Novak, Deputy Prime Minister.


Great!!!! China buys from Russia cheaply. China sells to Europe in Dollar. China gains Russia loses.

1 Like

Re: China-russia Agrees To Build A New Gas Pipeline To Replace Nordstream2 by shogsman(m): 3:36pm On Sep 16, 2022
joyandfaith:


Great!!!! China buys from Russia cheaply. China sells to Europe in Dollar. China gains Russia loses.
You're not very smart, they both win, china buys at a good rate using rubles and make Thier profit by selling to Europe.
China is paying Russia over 1trillion rubles every 2 months for gas alone.

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Re: China-russia Agrees To Build A New Gas Pipeline To Replace Nordstream2 by joyandfaith: 3:40pm On Sep 16, 2022
shogsman:

You're not very smart, they both win, china buys at a good rate using rubles and make Thier profit by selling to Europe.
China is paying Russia over 1trillion rubles every 2 months for gas alone.

Foolish conclusion. Selling product cheaply means what? As long as Europe buys from china in dollar western block would be fine. Russia looses because it would sell to China at very discounted rate.

1 Like

Re: China-russia Agrees To Build A New Gas Pipeline To Replace Nordstream2 by baralatie(m): 3:43pm On Sep 16, 2022
shogsman:

You're not very smart, they both win, china buys at a good rate using rubles and make Thier profit by selling to Europe.
China is paying Russia over 1trillion rubles every 2 months for gas alone.
Russia is the junior partner in this and it is not gaining

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Re: China-russia Agrees To Build A New Gas Pipeline To Replace Nordstream2 by Emmamay10: 3:47pm On Sep 16, 2022
Germany has just taken over a subsidiary of Russia main oil company, including their refinery. Russia is losing in many ways.

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Re: China-russia Agrees To Build A New Gas Pipeline To Replace Nordstream2 by shogsman(m): 4:00pm On Sep 16, 2022
Emmamay10:
Germany has just taken over a subsidiary of Russia main oil company, including their refinery. Russia is losing in many ways.
Lmao, they didn't take over anytime,no one can control gazprom outside of Russia, it's practically impossible and useless

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Re: China-russia Agrees To Build A New Gas Pipeline To Replace Nordstream2 by shogsman(m): 4:02pm On Sep 16, 2022
joyandfaith:


Foolish conclusion. Selling product cheaply means what? As long as Europe buys from china in dollar western block would be fine. Russia looses because it would sell to China at very discounted rate.
I know you're a complete idiot and western ass licker but don't be a dullard too, Russia is selling more oil and gas than ever and is making record sales in it's history, if you don't know what that means go and tell your mother to request for your school fees back.
Someone is paying 3 times higher which means Europeans is getting like a %500-600 increase in energy bills and this fool say they're winning

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Re: China-russia Agrees To Build A New Gas Pipeline To Replace Nordstream2 by Vl3ly: 4:04pm On Sep 16, 2022
baralatie:

Russia is the junior partner in this and it is not gaining
discount or no discount Russia is gaining more than ×20 because they are going to bergain on the current price which is $2500 not the initial price before war which is $100

Just imagine can Russia sell it gas $100 again

That gas inflation is the secret of the existence of this war

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Re: China-russia Agrees To Build A New Gas Pipeline To Replace Nordstream2 by Vl3ly: 4:07pm On Sep 16, 2022
shogsman:

I know you're a complete idiot and western ass licker but don't be a dullard too, Russia is selling more oil and gas than ever and is making record sales in it's history, if you don't know what that means go and tell your mother to request for your school fees back.
Someone is paying 3 times higher which means Europeans is getting like a %500-600 increase in energy bills and this fool say they're winning
brother I understand your feeling but leave his parent out of it
You just need to educate him

2 Likes 1 Share

Re: China-russia Agrees To Build A New Gas Pipeline To Replace Nordstream2 by shogsman(m): 4:11pm On Sep 16, 2022
baralatie:

Russia is the junior partner in this and it is not gaining
A ignorant individual like you would think that, but those of us smarter than you knows it is extremely foolish to think Russia a millitary powerhouse and the biggest nuclear power will be subjected to china, this are the big boys club not your western hegemony bullshit where USA dictates to it's partners.
Russia and china sees themselves as equal,one is an economic powerhouse,the other is a millitary powerhouse that is why putin and xi calls themselves brothers

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Re: China-russia Agrees To Build A New Gas Pipeline To Replace Nordstream2 by baralatie(m): 4:11pm On Sep 16, 2022
Vl3ly:
discount or no discount Russia is gaining more than ×20 because they are going to bergain on the current price which is $2500 not the initial price before war which is $100

Just imagine can Russia sell it gas $100 again

That gas inflation is the secret of the existence of this war
Wait
You think china is ready to bullied to buy gas from russia.okay
What if china says if is not buying again
What can Russia do?

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Re: China-russia Agrees To Build A New Gas Pipeline To Replace Nordstream2 by shogsman(m): 4:12pm On Sep 16, 2022
Vl3ly:
brother I understand your feeling but leave his parent out of it
You just need to educate him
I didn't abuse his parents,I wouldn't stoop that low,but his mother deserves to have her money back cos the money she spent on his education is obviously useless by now if a grown individual can't even decipher the obvious ,we get it he is pro west that doesn't mean he can act foolishly like an uneducated individual whenever he sees a news about Russia, I'm pro Russia and what we have against this clowns is truth and integrity. I wouldn't say Russia withdrew from izyum so they can humiliate and beat Ukraine again,that is propaganda and utterly stupid. But this idiots would say something like that boldly and claim it's news

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Re: China-russia Agrees To Build A New Gas Pipeline To Replace Nordstream2 by Vl3ly: 4:13pm On Sep 16, 2022
Emmamay10:
Germany has just taken over a subsidiary of Russia main oil company, including their refinery. Russia is losing in many ways.
scholz can't try it,bcs Putin told him that, that decision is a double edge sword

Hope you know the meaning of the sentence

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Re: China-russia Agrees To Build A New Gas Pipeline To Replace Nordstream2 by baralatie(m): 4:14pm On Sep 16, 2022
No
shogsman:

A ignorant individual like you would think that, but those of us smarter than you knows it is extremely foolish to think Russia a millitary powerhouse and the biggest nuclear power will be subjected to china, this are the big boys club not your western hegemony bullshit where USA dictates to it's partners.
Russia and china sees themselves as equal,one is an economic powerhouse,the other is a millitary powerhouse that is why putin and xi calls themselves brothers
You should have asked yourself a simple question?
Who is the senior brother and who will be the junior brother?

1 Like

Re: China-russia Agrees To Build A New Gas Pipeline To Replace Nordstream2 by shogsman(m): 4:17pm On Sep 16, 2022
baralatie:
No
You should have asked yourself a simple question?
Who is the senior brother and who will be the junior brother?
Maybe English is not your forte and you have problem assimilating,ask the next person to you to slowly explain the meaning of equality and mutual respect to you.

2 Likes 1 Share

Re: China-russia Agrees To Build A New Gas Pipeline To Replace Nordstream2 by baralatie(m): 4:19pm On Sep 16, 2022
shogsman:

Maybe English is not your forte and you have problem assimilating,ask the next person to you to slowly explain the meaning of equality and mutual respect to you.
Soorry oo!
Since the school you went to taught you that a senior and a junior are equals in rank!

1 Like

Re: China-russia Agrees To Build A New Gas Pipeline To Replace Nordstream2 by Vl3ly: 4:21pm On Sep 16, 2022
baralatie:

Wait
You think china is ready to bullied to buy gas from russia.okay
What if china says if is not buying again
What can Russia do?
with that simple arithmetic, do you still believe that Russia is going to sell his gas lesser price? I mean $100

If not Russia is gaining

4 Likes 1 Share

Re: China-russia Agrees To Build A New Gas Pipeline To Replace Nordstream2 by iykofias(m): 4:22pm On Sep 16, 2022
joyandfaith:


Great!!!! China buys from Russia cheaply. China sells to Europe in Dollar. China gains Russia loses.
Russia gas has always been CHEAP, you should read up more before engaging online

2 Likes

Re: China-russia Agrees To Build A New Gas Pipeline To Replace Nordstream2 by joyandfaith: 4:23pm On Sep 16, 2022
Vl3ly:
scholz can't try it,bcs Putin told him that, that decision is a double edge sword

Hope you know the meaning of the sentence
It also means empty threat

1 Like

Re: China-russia Agrees To Build A New Gas Pipeline To Replace Nordstream2 by baralatie(m): 4:23pm On Sep 16, 2022
Vl3ly:
with that simple arithmetic, do you still believe that Russia is going to sell his gas lesser price? I mean $100

If not Russia is gaining
If you were china with this advantage to buy and reject Russia gas because you have upper hand .
Will you buy at that price?

1 Like

Re: China-russia Agrees To Build A New Gas Pipeline To Replace Nordstream2 by joyandfaith: 4:25pm On Sep 16, 2022
iykofias:
Russia gas has always been CHEAP, you should read up more before engaging online

Now become cheaper

1 Like

Re: China-russia Agrees To Build A New Gas Pipeline To Replace Nordstream2 by iykofias(m): 4:26pm On Sep 16, 2022
joyandfaith:

Now become cheaper
if it makes you happy, it will become cheaper and useless
Re: China-russia Agrees To Build A New Gas Pipeline To Replace Nordstream2 by joyandfaith: 4:28pm On Sep 16, 2022
iykofias:
if it makes you happy, it will become cheaper and useless

And useless like your comment

2 Likes

Re: China-russia Agrees To Build A New Gas Pipeline To Replace Nordstream2 by baralatie(m): 4:28pm On Sep 16, 2022
iykofias:
if it makes you happy, it will become cheaper and useless
grin
Not useless nah!
China will only use this as a bargaining chip to get more out of Russia
One:to stabilize Russia's economy
2:to increase Russia's export
3:foster an eastward expansion

5 Likes 1 Share

Re: China-russia Agrees To Build A New Gas Pipeline To Replace Nordstream2 by Appleyard(m): 4:28pm On Sep 16, 2022
joyandfaith:


Foolish conclusion. Selling product cheaply means what? As long as Europe buys from china in dollar western block would be fine. Russia looses because it would sell to China at very discounted rate.
Such is the reality of economic influenced by politics. Yes, Russia sells at lower rates to China compare to what they sell to Europe while China sells at a much higher rate to Europe compared to what Europe buys from Russia directly. So, both loses while China gains.
Re: China-russia Agrees To Build A New Gas Pipeline To Replace Nordstream2 by baralatie(m): 4:30pm On Sep 16, 2022
Appleyard:
Such is the reality of economic influenced by politics. Yes, Russia sells at lower rates to China compare to what they sell to Europe while China sells at a much higher rate to Europe compared to what Europe buys from Russia directly. So, both loses while China gains.
Yes plausible but we should not forget it is a pipeline project.it has not been executed yet
Re: China-russia Agrees To Build A New Gas Pipeline To Replace Nordstream2 by joyandfaith: 4:33pm On Sep 16, 2022
Appleyard:
Such is the reality of economic influenced by politics. Yes, Russia sells at lower rates to China compare to what they sell to Europe while China sells at a much higher rate to Europe compared to what Europe buys from Russia directly. So, both loses while China gains.

Exactly.
Re: China-russia Agrees To Build A New Gas Pipeline To Replace Nordstream2 by Appleyard(m): 4:59pm On Sep 16, 2022
Vl3ly:
discount or no discount Russia is gaining more than ×20 because they are going to bergain on the current price which is $2500 not the initial price before war which is $100

Just imagine can Russia sell it gas $100 again

That gas inflation is the secret of the existence of this war

I must say I agree with you. Before the war started, there was a reported meeting between Russia and some Middle Eastern countries (you can guess who they are already) . It was perfectly timed with the NATO/Ukraine provocation of Russia vis the US plot to get it bogged down. Hence. The hasty and chaotic withdrawal from Afghanistan with the sole purpose of focusing on a new front, which is this current war. But once again, the western economic/military/geopolitical planners underestimated and miscalculated Russia and the outcome this war would bring. If anyone think Russia would take off the soft gloves and upgrade this SMO to a full blown declaration of war, then that person would have to think again because this was a carefully planned operations hence, we saw how Saudi Arabia, Qatar, Venezuela, and OPEC simply gave the US the middle finger per the demand to release more oil into the market.

As long as this so-called Ukraine war lingers, countries like Russia will get richer, the cost of economic production in Europe will get higher while they will end up losing their competitive advantage in production and market share current and emerging markets from Asia, because if there is one thing you can never replace, it is CHEAP RESOURCES.

There is talk that another angle of the gas/oil price inflation as orchestrated by the current Ukraine war pushed by the US was a deliberate attempt to weaken Germany primarily and by extension, Europe which was becoming too independent to the liking of the US elite. And that is coming from within US own intelligence circle.

Unfortunately, Europe overreached its limit and is the one now paying the ultimate price.

As for Russia, it will continue to drag this war which is becoming obvious to everyone including western think-tanks. Because the longer it last the more money they make from natural resources. This war is far from over.

It is only simpletons that love to shout "Russia have lost the European market" forever. As I'm typing, Spain is covertly buying Russian oil while pretending to go with the Sanctions.

4 Likes 1 Share

Re: China-russia Agrees To Build A New Gas Pipeline To Replace Nordstream2 by Emmamay10: 5:03pm On Sep 16, 2022
shogsman:

Lmao, they didn't take over anytime,no one can control gazprom outside of Russia, it's practically impossible and useless

Perhaps
Re: China-russia Agrees To Build A New Gas Pipeline To Replace Nordstream2 by baralatie(m): 5:08pm On Sep 16, 2022
I do hope you guys realize that this war also affects china negatively
undecided

1 Like

Re: China-russia Agrees To Build A New Gas Pipeline To Replace Nordstream2 by baralatie(m): 5:09pm On Sep 16, 2022
Even as the world economy is coming to terms with high inflation and rising interest rates, it faces another shock. There are fears of a meltdown of the Chinese economy and its banking system. In a sign of impending crisis, there are reports of depositors in China rushing to banks to withdraw their money.

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