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Russian gas exports will spark ‘explosive’ growth in underserved northeast, says China’s largest distributor

China’s underserved northeast will record “explosive” growth in consumption when Russian gas finally arrives next year in the region, the country’s only area not serviced by a natural gas trunk pipeline. “In the next decade, the northeast will see explosive growth because, currently, only limited gas is imported from Qatar via a terminal in Dalian in [China’s northeastern] Liaoning province. And supply from small gas fields in [China’s northeastern] Heilongjiang province are far from enough to meet demand,” Frank Li Yuntao, general manager of investor relations at Hong Kong-listed China…

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Why these two Russian metal stocks are forging their way back into Hong Kong investors’ hearts

Shares in Rusal, the world’s second-largest aluminium producer, have surged by 71 per cent since the United States signalled its intention seven weeks ago to lift sanctions against the company. But can the Hong Kong-listed stock rise further? It is possible, according to some analysts who said they considered the stock to be undervalued. The Moscow-based company has been beaten down by a geopolitical spat between the US and Russia, which led last April to US sanctions against 23 Russian heavyweights and the firms they control, including Rusal. US sanctions-hit…

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Russian government issues resolution on shipments through Ukraine – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

Firms were informed about the new resolution regarding exports to Russia through Ukraine so they can prepare their export plans. – Photo thuongtruong.com.vn Viet Nam News HÀ NỘI — The Ministry of Industry and Trade’s Import-Export Department has informed firms and business associations about a new Russian resolution regarding exports to Russia that transit though Ukraine, urging businesses to assure consideration of customs procedures. On December 29, 2018, the Government of the Russian Federation adopted the Resolution 1716-83 on implementing the President’s Executive Order 592 dated October 22,…

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Russian gas imports won’t improve China’s air quality when Beijing continues with its policy of excessive coal consumption

As China clamps down on air pollution, Beijing is seeking to replace coal plants with cleaner-burning natural gas, especially for heating during winter. Consequently, China has intensified relations with Russia, one of the world’s leading gas exporters, to expand energy ties. Although increasing gas use works towards alleviating some of the tensions inherent in the generation of energy, the move doesn’t address the underlying issue of pollution – the fact that China continues to rely on coal and the coal-guzzling metals industry for economic growth. China is the main driver…

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Russian team wins Whitehat Grand Prix 2018 – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

Winners of the Whitehat Grand Prix 2018, which took place in Hà Nội on November 1. — Photo petrotimes.vn Viet Nam News HÀ NỘI — Russian team LC1BC won the international-level Whitehat Grand Prix 2018 cyber security competition, which took place in Hà Nội on November 1. In the final round, teams had to overcome security breaches in a challenge that lasted eight hours. LC1BC’s first place finish came with a prize of VNĐ230 million (US$10,000). The Republic of Korea’s Coconut Coffee and Polish team P4 came…

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