JMIC reporting update draws on US figures and indicates that Monday did, in fact, see a sharp increase in transits (though the daily rate does appear to be declining from its mid-August highs). https://t.co/9xlOadiEYs
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quote: ➡️ By geology and geography, Russia and China are a perfect match for large-scale natural gas sales/purchase contracts.
➡️ Existing and expanded pipeline contracts will already see total exports rise from 0bcm in 2019 to 38.8bcm last year to 56bcm in a few years, once the Far East contract launches this January and fully ramps up.
➡️ That said, both sides are likely wary of becoming overly reliant on each other, China more than Russia. This wariness is likely contributing to the seemingly-interminable negotiations on Power of Siberia-2 (Power of Baikal).
#oott #china #russia #gas | China to account for more than 60% of Russia's total gas exports by 2030
Moscow continues to hold top spot among gas suppliers to China, deputy premier of Russia says
https://aa.com.tr/en/eurasia/china-to-account-for-more-than-60-of-russias-total-gas-exports-by-2030/4047060
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At least six Iranian military service members were killed in the U.S. airstrikes carried out Tuesday night, Iran's semi-official Tasnim News agency said Thursday, including three it identified as pilots. https://www.cbsnews.com/live-updates/us-iran-war-trump-dismisses-diplomacy-tehran-says-wedding-hit-in-strike/#post-update-aaf92d0f
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A U.S. official confirmed to CBS News on Thursday that Iran's attacks overnight didn't impact any military facilities in the Middle East where U.S. forces are based, including in Kuwait, which was targeted by Iranian forces. https://www.cbsnews.com/live-updates/us-iran-war-trump-dismisses-diplomacy-tehran-says-wedding-hit-in-strike/#post-update-bbd7c371