Beijing and Moscow have signed an MOU on the supply of Russian gas from western Siberia into China, but it is unclear what this signals about the progress of the deal.
As the dispute over the price of and payments for gas between Russia and Ukraine continues, so do threats to Europe’s supply over the winter season.
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China’s main state agency for shale gas has fined developers – including Sinopec – for the first time because they have failed to meet spending commitments.
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