Russia getting tough on imports and flights

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Czechmate

Well-known member
Oct 5, 2011
1,212
Brno Czech Republic
He He. It's a political deal. The Chinese drove such a hard bargain that they are getting it for pretty much cost of production price. Still, it 'looks good' for Putin to have this 'success'.

I wouldn't take too much notice of western media . Obviously the profits will be lower but that is understandable with the length of the contract .
 






somerset

New member
Jul 14, 2003
6,600
Yatton, North Somerset
Russia has signed a multi billion dollar order for Gazprom with China for the next 30 years .
Indeed he has, but he was already selling gas to China, so that deal is bigger yes, but in essence just an extension of an existing arrangement.
 


Czechmate

Well-known member
Oct 5, 2011
1,212
Brno Czech Republic
Indeed he has, but he was already selling gas to China, so that deal is bigger yes, but in essence just an extension of an existing arrangement.

Fair enough didn't know that , still a long contract though for a country that could be world leader in exports so I guess they will use more and more .
 


somerset

New member
Jul 14, 2003
6,600
Yatton, North Somerset
People have to remember, Russia ( like China) are wholly reliant on their export generated income to support their economies. They have very small internal markets compared to the 'western nations', Putin can posture all he wants, but the shortages and forced cut backs he will soon face, well, that his population will face, could be a real thorn in the side of his political position.... lets see who blinks first.
 




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