At present, the Russian-Ukrainian conflict is in full swing. As winter approaches, the "war" between Europe and Russia in the energy field has also entered a critical period. In order to respond to the call of the United States, EU joined the ranks of sanctions on Russian energy without hesitation, but now it is deeply trapped in the quagmire of the energy crisis and cannot extricate itself. According to the Global Times html on the 217th, Russian Vice Premier Novak recently stated that the "Siberian Power 2" that cooperated with China can replace "North Stream 2" after its completion. The supply of "North Stream 1" has been completely stopped recently, and "North Stream 2" has not yet been certified.
Workers are welding the "Siberian Force 2" gas pipeline
Russia gas "Brexit into Asia", "Siberian Force 2" can replace "North Stream 2"
According to the Global Times, the "Siberian Force 2" pipeline is expected to officially start construction in 2024, with a total construction period of about 5 years, and will transport gas to China via Mongolia , with a pipeline of 6,700 kilometers. At present, "Beixi No. 1" has been closed for half a month due to failure . Although "Beixi No. 2" was completed in September last year, due to the impact of sanctions on Russia, the West does not intend to launch this project. Nowak's statement seems to be calling to the West, don't think that Russia will not be able to do without "North Stream 2".
German chemical giant BASF chose to build a factory in China
As winter approaches, the EU not only does not converge, but has also stepped up its efforts to propose a new round of Russian energy price limit measures, further annoyed Russia. As we all know, the reason why the EU's economy can maintain long-term and stable development mainly depends on cheap raw materials from developing countries and the low energy supply in Russia. However, with the current turbulence of the international situation and rising energy prices, it is difficult for Europe to fill the energy gap in a short period of time. Not only are the people under pressure, but Europe's manufacturing industry will also face a difficult situation.
Russia has completely stopped the natural gas supply of "North Stream 1"
Take Germany for example, Its local chemical giant BASF once said that if natural gas continues to be short of natural gas, some factories will have to be closed. Because China's business environment is more stable, BASF has traveled thousands of miles to build factories. In addition, Volkswagen and BMW and other companies have also set their next investment targets in China. As more and more companies give up building factories in their local areas, Germany may passively move towards the situation of de-industrialization . Bonomi, chairman of the Italian Industry Association, also said that if the supply of gas from Russia completely stopped, the gap in natural gas would cause 20% of the industry to stop production.
Russian energy was deprived of European market, and Russia announced a high-profile "look eastward"
. Russia's situation is very different. Although the European market was deprived of sanctions, it has also begun to take this opportunity to readjust the energy structure. If Europe doesn't buy it, it can find other markets. Peskov also said that as long as China and India do not join the sanctions, the price limit measures of the EU and G7 will not harm Russia. Novak also revealed that China and Russia are about to sign a final agreement on the "Siberia 2" pipeline, transporting 50 billion cubic meters of natural gas to China every year. At the same time, the pipeline transportation volume of "Siberian Power 1" must be increased to 20 billion cubic meters.
Putin announced a high-profile announcement at the Oriental Economic Forum
At the Oriental Economic Forum held some time ago, Russia also gained a lot. Not only did it not be neglected as expected by the West, but it also signed more than 260 cooperation agreements with participating countries. Russia also announced with a high profile that it will make "looking east" the main issue in the 21st century.The Russian Minister of Economic Affairs said that in the first half of this year, the trade volume between Russia and China increased by 16%, and the two countries adopted a larger proportion of local currency settlement, and the trade volume between the two sides will further increase. At the same time, the Indian diplomatic secretary has just stated that he will not join the so-called "price limit alliance" in the West and will continue to import energy from Russia.
China's cooperation with Russia is of great significance and is a good choice for mutual benefit and win-win
As a consumer, China naturally needs to find low-cost and stable energy supply, and Russia is urgently seeking a larger market, so it is natural for both sides to cooperate. Experts in China's energy said that after the ventilation of "Siberian Power 2" can not only optimize my country's energy structure and transform to a lower-carbon aspect, but also effectively guarantee my country's energy security.
China-Russia cooperation is in line with the actual interests of both countries
Nearly half of China's natural gas is imported, and its main sources include Russia, Myanmar and East Asian countries, as well as LNG projects at sea. Currently, the political situation in Myanmar is unstable, and the natural gas pipelines in Central Asia pass through many countries, and the transportation cost of LNG is also much higher than that of pipeline lines. From a geopolitical perspective, the opening of the "Siberian Power 2" pipeline can also cope with the potential blockade of China by the United States in maritime natural gas transportation.
At the same time, Russia's choice to cooperate with China is not entirely affected by sanctions. Now China has become the world's second largest economy after the United States and the world's leading manufacturing power , and it also has huge development potential. No matter from any aspect, deepening cooperation with China is the right choice in national interests and a recognition of China's strength. The EU is now in short supply of energy. If Russian gas really achieves "Brexit and enter Asia", the EU may suffer the biggest loss. Although natural gas substitutions from other channels can also be found in the long run, it will never go back to the past in terms of price.
(edit: HX)
